Bancorp (NASDAQ:TBBK) Releases Quarterly Earnings Results

Bancorp (NASDAQ:TBBK) issued 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 return on equity of 26.63% and a net margin of 30.97%. Bancorp updated its FY 2025 guidance to 5.250-5.250 EPS.

Bancorp Stock Performance

NASDAQ:TBBK opened at $61.06 on Friday. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 15.42 and a beta of 1.49. The business has a 50 day moving average of $55.17 and a 200 day moving average of $52.83. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.88 and a quick ratio of 0.85. Bancorp has a 1-year low of $29.92 and a 1-year high of $64.53.

Insider Buying and Selling at Bancorp

In related news, EVP Thomas G. Pareigat sold 5,466 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $49.03, for a total transaction of $267,997.98. Following the transaction, the executive vice president now directly owns 73,114 shares in the company, 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 Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.20% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About Bancorp

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.