BUZZ-Piper Sandler assumes coverage on three tech-forward banks with 'overweight' ratings

Reuters03-12

BUZZ-Piper Sandler assumes coverage on three tech-forward banks with 'overweight' ratings

** Piper Sandler assumes coverage of three tech-forward banks in the U.S. with "overweight" ratings: Customers Bancorp CUBI.N, Pathward Financial CASH.O and The Bancorp TBBK.O

** On CUBI, Piper believes EPS growth is achievable and that the multiple should expand to at least peer levels given its growth profile, adding that headwinds from crypto and NDFI weighting risks are overblown

** The co has developed a 24/7/365 instant payments network called cubiX, whose activity has reached more than $2 trillion and has landed it as the #1 commercial payments network in the U.S.- Piper Sandler

** On CASH, Piper highlights its trusted positioning in helping fintechs navigate the banking ecosystem across payments, deposits, and loan origination as something that should endure medium term

** On TBBK, Piper sees similar fintech positioning as a key strength, helping clients navigate the banking ecosystem across payments, deposits, and loan origination

** TBBK is the #1 US issuer of prepaid cards and has the 6th most debit and prepaid issuer volume - Piper Sandler

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2618366701?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-12 19:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2618366701","market":"nz","top_or_hot":-1,"title":"BUZZ-Piper Sandler assumes coverage on three tech-forward banks with 'overweight' ratings","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Piper Sandler assumes coverage on three tech-forward banks with 'overweight' ratings</title></head><body><p>** Piper Sandler assumes coverage of three tech-forward banks in the U.S. with \"overweight\" ratings: Customers Bancorp <span>CUBI.N</span>, <a href=\"https://laohu8.com/S/CASH\">Pathward Financial</a> <span>CASH.O</span> and <a href=\"https://laohu8.com/S/TBBK\">The Bancorp</a> <span>TBBK.O</span> </p><p>** On CUBI, Piper believes EPS growth is achievable and that the multiple should expand to at least peer levels given its growth profile, adding that headwinds from crypto and NDFI weighting risks are overblown</p><p>** The co has developed a 24/7/365 instant payments network called cubiX, whose activity has reached <span>more than </span>$2 trillion and has landed it as the #1 commercial payments network in the U.S.- Piper Sandler</p><p>** On CASH, Piper highlights its trusted positioning in helping fintechs navigate the banking ecosystem across payments, deposits, and loan origination as something that should endure medium term</p><p>** On TBBK, Piper sees similar fintech positioning as a key strength, helping clients navigate the banking ecosystem across payments, deposits, and loan origination</p><p>** TBBK is the #1 US issuer of prepaid cards and has the 6th most debit and prepaid issuer volume - Piper Sandler</p><p> (Reporting by Pragyan Kalita in Bengaluru)</p><p> ((Pragyan.Kalita@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Piper Sandler assumes coverage on three tech-forward banks with 'overweight' ratings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Piper Sandler assumes coverage on three tech-forward banks with 'overweight' ratings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-12 19:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Piper Sandler assumes coverage on three tech-forward banks with 'overweight' ratings</title></head><body><p>** Piper Sandler assumes coverage of three tech-forward banks in the U.S. with \"overweight\" ratings: Customers Bancorp <span>CUBI.N</span>, <a href=\"https://laohu8.com/S/CASH\">Pathward Financial</a> <span>CASH.O</span> and <a href=\"https://laohu8.com/S/TBBK\">The Bancorp</a> <span>TBBK.O</span> </p><p>** On CUBI, Piper believes EPS growth is achievable and that the multiple should expand to at least peer levels given its growth profile, adding that headwinds from crypto and NDFI weighting risks are overblown</p><p>** The co has developed a 24/7/365 instant payments network called cubiX, whose activity has reached <span>more than </span>$2 trillion and has landed it as the #1 commercial payments network in the U.S.- Piper Sandler</p><p>** On CASH, Piper highlights its trusted positioning in helping fintechs navigate the banking ecosystem across payments, deposits, and loan origination as something that should endure medium term</p><p>** On TBBK, Piper sees similar fintech positioning as a key strength, helping clients navigate the banking ecosystem across payments, deposits, and loan origination</p><p>** TBBK is the #1 US issuer of prepaid cards and has the 6th most debit and prepaid issuer volume - Piper Sandler</p><p> (Reporting by Pragyan Kalita in Bengaluru)</p><p> ((Pragyan.Kalita@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0053671581.USD","symbol_name":"摩根大通美国小盘成长股 A(dist)","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260312:nL4N40011W:1","article_id":"2618366701","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618366701","pubTimestamp":1773313555,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Piper Sandler assumes coverage on three tech-forward banks with 'overweight' ratings** Piper Sandler assumes coverage of three tech-forward banks in the U.S. with \"overweight\" ratings: Customers Bancorp CUBI.N, Pathward Financial CASH.O and The Bancorp TBBK.O ** On CUBI, Piper believes EPS growth is achievable and that the multiple should expand to at least peer levels given its growth profile, adding that headwinds from crypto and NDFI weighting risks are overblown** The co has developed a 24/7/365 instant payments network called cubiX, whose activity has reached more than $2 trillion and has landed it as the #1 commercial payments network in the U.S.- Piper Sandler** On CASH, Piper highlights its trusted positioning in helping fintechs navigate the banking ecosystem across payments, deposits, and loan origination as something that should endure medium term** On TBBK, Piper sees similar fintech positioning as a key strength, helping clients navigate the banking ecosystem across p","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","BK4211":"区域性银行","CASH":"Pathward Financial","TBBK":"The Bancorp","PIPR":"派杰投资","CUBI":"Customers Bancorp Inc.","BK4127":"投资银行业与经纪业","IE0009354923.USD":"JANUS HENDERSON US VENTURE \"A2\" (USD) ACC"},"translate_title":"BUZZ-Piper Sandler对三家科技前沿银行给予“增持”评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CUBI":0.9,"PIPR":0.9,"TBBK":0.9,"CASH":0.9},"content_text":"BUZZ-Piper Sandler assumes coverage on three tech-forward banks with 'overweight' ratings** Piper Sandler assumes coverage of three tech-forward banks in the U.S. with \"overweight\" ratings: Customers Bancorp CUBI.N, Pathward Financial CASH.O and The Bancorp TBBK.O ** On CUBI, Piper believes EPS growth is achievable and that the multiple should expand to at least peer levels given its growth profile, adding that headwinds from crypto and NDFI weighting risks are overblown** The co has developed a 24/7/365 instant payments network called cubiX, whose activity has reached more than $2 trillion and has landed it as the #1 commercial payments network in the U.S.- Piper Sandler** On CASH, Piper highlights its trusted positioning in helping fintechs navigate the banking ecosystem across payments, deposits, and loan origination as something that should endure medium term** On TBBK, Piper sees similar fintech positioning as a key strength, helping clients navigate the banking ecosystem across payments, deposits, and loan origination** TBBK is the #1 US issuer of prepaid cards and has the 6th most debit and prepaid issuer volume - Piper Sandler (Reporting by Pragyan Kalita in Bengaluru) ((Pragyan.Kalita@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2618366701","isCrawlerRequest":true}