Reported after the bell, earned a rock solid .60, really earned .62 (Minus acquisition charges) which is really good. Asset quality is still fantastic with NPL just 0.17% of total loans. Loan growth was up 7% sequentially, and up 28% y/y. I continue to believe this well run bank should trade at 15x estimates. Considering they earned .62 adjusted this quarter, I expect earnings to continue to grow, so I still feel CUBI is undervalued at $26. All is just my opinion, and I could always be wrong though.
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