Bancorp (NASDAQ:TBBK) Announces Earnings Results

Bancorp (NASDAQ:TBBK) issued its quarterly earnings data on Thursday. The bank reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02, Zacks reports. Bancorp had a net margin of 30.97% and a return on equity of 26.63%. Bancorp updated its FY 2025 guidance to 5.250-5.250 EPS.

Bancorp Stock Performance

Shares of NASDAQ:TBBK traded up $2.28 during trading on Thursday, hitting $57.64. 766,394 shares of the company were exchanged, compared to its average volume of 383,836. The company has a market cap of $2.76 billion, a PE ratio of 14.56 and a beta of 1.49. Bancorp has a 52-week low of $29.92 and a 52-week high of $61.17. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.88 and a quick ratio of 0.85. The stock has a 50 day moving average of $55.06 and a 200 day moving average of $52.69.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Piper Sandler boosted their price objective on Bancorp from $61.00 to $64.00 and gave the stock an “overweight” rating in a research report on Monday, December 23rd. StockNews.com lowered Bancorp from a “hold” rating to a “sell” rating in a research note on Sunday, January 12th.

Insider Activity at Bancorp

In other Bancorp news, EVP Thomas G. Pareigat sold 5,466 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $49.03, for a total value of $267,997.98. Following the sale, the executive vice president now owns 73,114 shares of the company’s stock, valued at $3,584,779.42. This trade represents a 6.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 5.20% of the stock is currently owned by corporate insiders.

Bancorp Company Profile

The Bancorp, Inc operates as the bank holding company for The Bancorp Bank, National Association that provides banking products and services in the United States. It offers a range of deposit products and services, including checking, savings, time, money market, and commercial accounts; overdrafts; and certificates of deposit.