Customers Bancorp (NYSE:CUBI) reported quarterly earnings of $3.36 per share which beat the analyst consensus estimate of $1.98 by 69.7 percent. This is a 180 percent increase over earnings of $1.20 per share from the same period last year.
JMP Securities Maintains Market Outperform on Arch Capital Group, Raises Price Target to $50
JMP Securities maintains Arch Capital Group (NASDAQ:ACGL) with a Market Outperform and raises the price target from $48 to $50.