At the end of August, Wyomissing, Pa.-based Customers Bancorp Inc. was trading 43.7% below analysts' mean one-year price target, the largest discount across the U.S. banking sector.
The past year has been difficult for the bank's stockholders. Over the last 12 months, the company's stock has lost 12.3%, while the industry median was a positive 19.63% return.
At No. 2, New York-based Metropolitan Bank Holding Corp.'s stock has an "implied upside" of 35.8% over the next year. Since the company's initial public offering Nov. 7, 2017, the stock has returned 17.8%, as of Aug. 31, 2018.
Altogether, nine banks and thrifts were trading at least 25% below analysts' mean one-year price targets.
Conversely, 14 bank and thrift stocks were trading above their one-year mean price target as of Aug. 31.
Abilene, Texas-based First Financial Bankshares Inc. was trading 15.8% above its mean one-year price target, the most of any company in the analysis. The company's shares have returned 53.4% over the last year, and none of the six analysts covering the company currently recommend buying the stock.
In this analysis, S&P Global Market Intelligence considered major exchange-traded U.S. bank and thrift stocks trading in relation to mean one-year analyst price targets as of Aug. 31. Only stocks covered by at least three analysts and trading above $5 per share as of Aug. 31 were included in this analysis.