Bancorp

The Bancorp, Inc. operates as a financial holding company. The firm engages in the provision of private label banking and financial services through the Bank. It operates through the following segments: Specialty Finance, Payments and Corporate. The Specialty Finance segment consists of commercial mortgage loan sales and securitizations, small business administration loans, direct lease financing, and security and insurance backed lines of credit and deposits generated by business lines. The Payments segment consists of prepaid and debit cards, card payments, automated clearing house processing and healthcare accounts. The Corporate segment includes the firm's investment portfolio, corporate overhead, and non-allocated expenses. The company was founded by Betzy Z. Cohen on July 20, 1999 and is headquartered in Wilmington, DE.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bancorp (TBBK) posts robust Q4 earnings amidst credit risk concerns

Bancorp (TBBK) reported strong financial performance in Q4 2022 with notable revenue and earnings growth.
While facing challenges related to credit losses, the company remains focused on efficiency and profitability.
Opportunities for revenue enhancement and cost optimization present avenues for sustained growth and market competitiveness.
Overall, Bancorp (TBBK) shows promise for continued success and value creation in the financial sector.

Bancorp (TBBK) reports stellar Q1 earnings, raises guidance for 2023

Bancorp's Q1 2023 performance reflects robust financial growth, strong asset value, and strategic positioning in a volatile market.
While facing challenges in expense management and variable rate exposure, the company's focus on efficiency and risk mitigation is evident.
Opportunities for sustained growth lie in revenue diversification, risk management strategies, and operational enhancements.

Bancorp (TBBK) reports robust Q2 earnings, eyes growth opportunities

Bancorp's Q2 2023 performance reflects solid financial results, with revenue growth and strategic focus on key growth areas.
While facing expense and credit quality challenges, the company's strong guidance and growth opportunities signal a positive outlook.
Management's emphasis on fintech solutions and diversified growth sectors positions Bancorp for sustained performance and value creation.

Bancorp (TBBK) reports robust Q3 earnings and outlines growth strategies

Bancorp's Q3 2023 performance reflects strong earnings, revenue growth, and a focus on future profitability.
While facing challenges from rising rates and expenses, the company's strategic initiatives and financial health provide a solid foundation for growth.
Opportunities in credit performance, fintech innovation, and GDV growth position Bancorp for a promising future.
Investors can expect continued value creation and strategic expansion from Bancorp in 2024 and beyond.

Bancorp reports stellar Q4 earnings, sets sights on growth

Bancorp Inc.'s Q4 2023 performance reflects robust earnings growth, efficient balance sheet management, and strategic initiatives for future growth
While facing challenges such as rising expenses and credit risks, the company is well-positioned to capitalize on opportunities for revenue diversification and shareholder value enhancement
Investors can look forward to continued earnings growth, supported by the company's strong financial position and proactive strategies

Bancorp (TBBK) reports robust Q1 earnings, eyes strategic growth

Bancorp (TBBK) delivered a strong performance in Q1 2024 with solid earnings, revenue growth, and operational efficiency.
The company's financial strength, capital generation capabilities, and strategic buyback initiatives underscore its resilience and commitment to shareholder value.
While facing challenges in troubled loans and evolving market dynamics, Bancorp has opportunities to leverage partnerships, optimize operations, and drive sustainable growth.
By addressing challenges, capitalizing on opportunities, and maintaining strong performance, Bancorp is well-positioned to navigate market uncertainties and deliver long-term value.

Bancorp (TBBK) reports solid Q2 earnings, focuses on fintech growth

Bancorp (TBBK) delivered strong earnings in Q2 2024, driven by revenue growth and a focus on expanding fintech solutions. Despite challenges with NIM contraction and increased credit loss provisions, the company raised guidance and highlighted growth initiatives. Analysts raised concerns about regulatory challenges and reserve builds.

Bancorp (TBBK) reports robust Q3 earnings, eyes revenue diversification

Bancorp (TBBK) delivered strong earnings driven by Fintech Solutions Group, while focusing on debt repayment over stock buybacks for future financial health.
Challenges include elevated substandard loan assets and increased credit losses, requiring strategic management and risk mitigation efforts.
Opportunities lie in revenue diversification, asset quality improvement, and sustainable growth through margin stability and strategic partnerships.

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The Bancorp, Inc. is a financial holding company, which engages in the provision of private label banking and financial services through the Bank. It operates through the following segments: Specialty Finance, Payments, and Corporate. The Specialty Finance segment includes the origination of non-SBA commercial real estate loans, SBA loans, direct lease financing, SBLOC, IBLOC, advisor financing, and deposits generated by those business lines. The Payments segment consists of prepaid and debit cards, card payments, automated clearing house processing, and healthcare accounts. The Corporate segment refers to the company’s investment portfolio, corporate overhead, and non-allocated expenses. The company was founded by Betzy Z. Cohen on July 20, 1999 and is headquartered in Wilmington, DE.

NEW YORK CITY, NY / ACCESSWIRE / November 1, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Bancorp, Inc. ("Bancorp" or "the Company") (NASDAQ:TBBK). Investors who purchased Bancorp securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/TBBK.

The Bancorp, Inc. (TBBK) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

The Bancorp, Inc. (NASDAQ:TBBK ) Q3 2024 Earnings Conference Call October 25, 2024 8:00 AM ET Company Participants Andres Viroslav - Director, Investor Relations Damian Kozlowski - Chief Executive Officer Paul Frenkiel - Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler David Feaster - Raymond James Tim Switzer - KBW Operator Good day, and welcome to The Bancorp, Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

The Bancorp, Inc. (TBBK) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for The Bancorp (TBBK) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About The Bancorp (TBBK) Q3 Earnings

The Bancorp (TBBK) came out with quarterly earnings of $1.04 per share, missing the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.92 per share a year ago.

The Bancorp (TBBK) Q3 Earnings and Revenues Lag Estimates

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (“The Bancorp” or the “Company” or “we” or “our”) (NASDAQ: TBBK), a financial holding company, today reported its financial results for the third quarter of 2024. Net income for the third quarter of 2024 amounted to $51.5 million. Factors Helpful to Understand Third Quarter Net Income As explained under recent developments below, a new CECL factor was added which increased the provision for credit losses and resulted in an after-tax reduction.

The Bancorp, Inc. Reports its Third Quarter Financial Results

Evaluate the expected performance of The Bancorp (TBBK) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Exploring Analyst Estimates for The Bancorp (TBBK) Q3 Earnings, Beyond Revenue and EPS

The Bancorp (TBBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Bancorp (TBBK) Reports Next Week: Wall Street Expects Earnings Growth

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (“Bancorp”) (Nasdaq: TBBK) today announced that it will release its third quarter 2024 financial results after market hours on Thursday, October 24, 2024, and invites investors and other interested parties to listen to its earnings results conference call on Friday, October 25, 2024, at 8:00 a.m. Eastern time. All interested parties can access the live conference call webcast by visiting The Bancorp site at www.thebancorp.com and clicking on.

The Bancorp, Inc. Sets Third Quarter 2024 Financial Results Release Date and Conference Call

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (NASDAQ: TBBK) and its wholly-owned subsidiary The Bancorp Bank, N.A. (collectively, the “Company” or “The Bancorp”) are pleased to announce that Todd Brockman will join the Company's Board of Directors, effective October 1, 2024. The addition of Brockman will support the continued growth of the Company's Fintech Solutions business. Brockman brings over 25 years of experience as a senior executive in the payments and financial technology indu.

The Bancorp Announces Todd Brockman to Join Its Board of Directors

LOS ANGELES, CA / ACCESSWIRE / July 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ("TBBK" or "the Company") (NASDAQ:TBBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors With Losses Are Urged To Contact The Schall Law Firm As It Initiates An Investigation Into Bancorp Incorporated

The Bancorp is performing exceptionally well in 2024, with a 35% YTD increase and potential for new all-time highs. TBBK's emphasis on fintech has led to strong growth, profitability, and efficiency, with a focus on non-interest income and low-cost deposits. Management's long-term vision for TBBK as a "tech-bank" aims for high profitability, with potential ROE above 40% and ROA above 4%.

The Bancorp: Fintech Solutions Push The Bank To New All-Time Highs

LOS ANGELES, CA / ACCESSWIRE / July 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ("TBBK" or "the Company") (NASDAQ:TBBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors With Losses Are Encouraged To Contact The Schall Law Firm As They Initiate An Investigation Into Bancorp Incorporated

The Bancorp, Inc. (NASDAQ:TBBK ) Q2 2024 Earnings Conference Call July 26, 2024 8:00 AM ET Company Participants Andres Viroslav - Director, Investor Relations Damian Kozlowski - Chief Executive Officer Paul Frenkiel - Chief Financial Officer Conference Call Participants David Feaster - Raymond James Tim Switzer - KBW Frank Schiraldi - Piper Sandler Operator Good day and welcome to The Bancorp, Inc. Q2 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

The Bancorp, Inc. (TBBK) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for The Bancorp (TBBK) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

The Bancorp (TBBK) Reports Q2 Earnings: What Key Metrics Have to Say

The Bancorp (TBBK) came out with quarterly earnings of $1.07 per share, missing the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $0.89 per share a year ago.

The Bancorp (TBBK) Misses Q2 Earnings and Revenue Estimates

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. ("The Bancorp" “the Company” or “we” or “our”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the second quarter of 2024. Recent Developments The Company entered into a purchase and sale agreement for an apartment property acquired by The Bancorp Bank through foreclosure in connection with a real estate bridge lending (“REBL”) loan. At June 30, 2024, the related $39.4 million balance, comprised the majority.

The Bancorp, Inc. Reports Second Quarter Financial Results

LOS ANGELES, CA / ACCESSWIRE / July 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ("TBBK" or "the Company") (NASDAQ:TBBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors With Losses Are Encouraged To Reach Out As The Schall Law Firm Initiates An Investigation Into Bancorp Incorporated

LOS ANGELES, CA / ACCESSWIRE / July 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ("TBBK" or "the Company") (NASDAQ:TBBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Begins An Investigation Into Bancorp Incorporated Urging Investors With Losses To Connect

Does The Bancorp (TBBK) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why The Bancorp (TBBK) is a Great Choice

The Bancorp (TBBK) Earnings Expected to Grow: Should You Buy?

LOS ANGELES, CA / ACCESSWIRE / July 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ("TBBK" or "the Company") (NASDAQ:TBBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Investigating Bancorp Inc And Urges Investors Who Incurred Losses To Contact

LOS ANGELES, CA / ACCESSWIRE / July 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ("TBBK" or "the Company") (NASDAQ:TBBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Bancorp Inc Is Being Probed By The Schall Law Firm Encouraging Investors With Losses To Reach Out

LOS ANGELES, CA / ACCESSWIRE / July 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ("TBBK" or "the Company") (NASDAQ:TBBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Bancorp Inc Under Investigation By The Schall Law Firm Urging Investors With Losses To Contact

LOS ANGELES, CA / ACCESSWIRE / July 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ("TBBK" or "the Company") (NASDAQ:TBBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Bancorp Inc Probe Is Initiated By The Schall Law Firm Urging Investors With Losses To Contact

LOS ANGELES, CA / ACCESSWIRE / July 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ("TBBK" or "the Company") (NASDAQ:TBBK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

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