Bancorp (NASDAQ:TBBK) Announces Earnings Results

Bancorp (NASDAQ:TBBKGet Free Report) announced its quarterly earnings results on Thursday. The bank reported $1.15 earnings per share (EPS) for the quarter, beating 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 Price Performance

Shares of Bancorp stock traded up $2.28 during trading hours on Thursday, hitting $57.64. The company’s stock had a trading volume of 766,394 shares, compared to its average volume of 383,836. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.85 and a current ratio of 0.88. Bancorp has a 12-month low of $29.92 and a 12-month high of $61.17. The business has a 50 day moving average price of $55.06 and a two-hundred day moving average price of $52.69. The company has a market cap of $2.76 billion, a PE ratio of 14.56 and a beta of 1.49.

Wall Street Analysts Forecast Growth

TBBK has been the topic of several research analyst reports. Piper Sandler increased their price target on Bancorp from $61.00 to $64.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. StockNews.com downgraded shares of Bancorp from a “hold” rating to a “sell” rating in a report on Sunday, January 12th.

Check Out Our Latest Stock Analysis on TBBK

Insider Buying and Selling

In related news, EVP Thomas G. Pareigat sold 5,466 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were 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 in the company, valued at approximately $3,584,779.42. The trade was a 6.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 5.20% of the stock is owned by insiders.

Bancorp Company Profile

(Get Free Report)

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.

Read More

Earnings History for Bancorp (NASDAQ:TBBK)

Receive News & Ratings for Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.