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.

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Earnings data Q1 2024

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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, NY / ACCESSWIRE / March 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of The Bancorp, Inc. ("The Bancorp, Inc.") (NASDAQ:TBBK) concerning possible violations of federal securities laws. On March 21, 2024, Culper Research issued a report Thursday alleging issues at The Bancorp, Inc. Culper "believe[s] the Company has misrepresented the quality of its real estate bridge loan ("REBL") portfolio.

Lost Money on The Bancorp, Inc.(TBBK)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

SALT LAKE CITY--(BUSINESS WIRE)--Galileo Financial Technologies, announced today an expansion of its relationship with The Bancorp Bank, that enables real-time payments services.

Galileo Expands Collaboration with The Bancorp to Offer Real-Time Payments via The Clearing House

The Bancorp, Inc. (TBBK) Q4 2023 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 December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

The Bancorp (TBBK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. ("The Bancorp" or “we”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the fourth quarter and full year of 2023. Highlights The Bancorp reported net income of $44.0 million, or $0.81 per diluted share, for the quarter ended December 31, 2023, compared to net income of $40.2 million, or $0.71 per diluted share, for the quarter ended December 31, 2022. Excluding the tax effected impact of a $10.0 million provi.

The Bancorp, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Updates 2024 Guidance

Besides Wall Street's top -and-bottom-line estimates for The Bancorp (TBBK), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Ahead of The Bancorp (TBBK) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (“Bancorp”) (Nasdaq: TBBK) today announced that it will release its fourth quarter and fiscal 2023 financial results after market hours on Thursday, January 25, 2024, and invites investors and other interested parties to listen to its earnings results conference call on Friday, January 26, 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.

The Bancorp, Inc. Sets Fourth Quarter and Fiscal 2023 Financial Results Release Date and Conference Call

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The Bancorp, Inc. (NASDAQ:TBBK ) Q3 2023 Earnings Conference Call October 27, 2023 8:00 AM ET Company Participants Andres Viroslav - Investor Relations Damian Kozlowski - Chief Executive Officer Paul Frenkiel - Chief Financial Officer Conference Call Participants Michael Perito - KBW Frank Schiraldi - Piper Sandler Operator Good morning ladies and gentlemen and welcome to The Bancorp Inc. Q3 2023 Earnings Conference Call. [Operator Instructions] This call is being recorded on Friday, October 27, 2023.

The Bancorp, Inc. (TBBK) Q3 2023 Earnings Call Transcript

The headline numbers for The Bancorp (TBBK) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

The Bancorp (TBBK) Reports Q3 Earnings: What Key Metrics Have to Say

The Bancorp (TBBK) came out with quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.54 per share a year ago.

The Bancorp (TBBK) Q3 Earnings and Revenues Miss Estimates

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. ("The Bancorp" or “we”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the third quarter of 2023. Highlights The Bancorp reported net income of $50.1 million, or $0.92 per diluted share, for the quarter ended September 30, 2023, compared to net income of $30.6 million, or $0.54 per diluted share, for the quarter ended September 30, 2022, or a 70% increase in income per diluted share. Return on assets and equ.

The Bancorp, Inc. Reports Third Quarter 2023 Financial Results

SIOUX FALLS, S.D.--(BUSINESS WIRE)--The Bancorp Bank, N.A. (“Bank”), a wholly-owned subsidiary of The Bancorp, Inc. (“Company”) (NASDAQ: TBBK), will hold a ribbon cutting ceremony on Thursday, October 26, 2023, in downtown Sioux Falls to celebrate the inauguration of its new office space. The opening of The Bancorp Building follows the Bank's conversion to a national bank under the supervision of the Office of the Comptroller of the Currency (OCC) and serves as the Bank's headquarters. The Banc.

The Bancorp Unveils New Office Space in Downtown Sioux Falls

The Bancorp, despite appearing expensive from a valuation perspective, offers attractive growth prospects and a diverse range of services. The bank has achieved significant growth in loans and deposits, with a focus on specialized lending activities and financial technology solutions. Management's Vision 700 plan aims to unlock the full potential of the bank's payments and lending business, with a goal of generating over $700 million in revenue by 2030.

The Bancorp: A Bank That's Worth A Premium

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) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp Bank, N.A. (“Bank”), a wholly-owned subsidiary of The Bancorp, Inc. (“Company”) (NASDAQ: TBBK) recently committed to donating a total of $1 million to be distributed between three distinguished watershed conservation organizations over the next three years. In line with The Bancorp's ongoing commitment to environmental sustainability, the Bank partnered with The New York Botanical Garden, Friends of The Big Sioux River, and the Delaware Nature Soci.

The Bancorp Pledges $1 Million Donation Toward Watershed Conservation

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (“Bancorp”) (Nasdaq: TBBK) today announced that it will release its third quarter 2023 financial results after market hours on Thursday, October 26, 2023, and invites investors and other interested parties to listen to its earnings results conference call on Friday, October 27, 2023, 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 2023 Financial Results Release Date and Conference Call

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NEW YORK--(BUSINESS WIRE)-- #KBRA--On August 4, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Wilmington, Delaware based The Bancorp, Inc. (NASDAQ: TBBK) (“the company”). Additionally, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for the lead subsidiary, The Bancorp Bank, National Association. The Out.

KBRA Releases Surveillance Report for The Bancorp, Inc.

The Bancorp, Inc. (NASDAQ:TBBK ) Q2 2023 Earnings Conference Call July 28, 2023 8:00 AM ET Company Participants Andres Viroslav - Investor Relations Damian Kozlowski - Chief Executive Officer Paul Frenkiel - Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler David Feaster - Raymond James Michael Perito - KBW Operator Good morning, ladies and gentlemen and welcome to The Bancorp Second Quarter 2023 Earnings Conference Call. [Operator Instructions] This call is being recorded today, Friday, July 28, 2023.

The Bancorp, Inc. (TBBK) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for The Bancorp (TBBK) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

The Bancorp (TBBK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

The Bancorp (TBBK) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.53 per share a year ago.

The Bancorp (TBBK) Tops Q2 Earnings and Revenue Estimates

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. ("The Bancorp" or “we”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the second quarter of 2023. Highlights The Bancorp reported net income of $49.0 million, or $0.89 per diluted share, for the quarter ended June 30, 2023, compared to net income of $30.4 million, or $0.53 per diluted share, for the quarter ended June 30, 2022, or a 68% increase in income per diluted share. Return on assets and equity for t.

The Bancorp, Inc. Reports Second Quarter 2023 Financial Results

The Bancorp (TBBK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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