Bancorp (NASDAQ:TBBK – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Thursday, July 25th. Analysts expect the company to announce earnings of $1.10 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Bancorp (NASDAQ:TBBK – Get Free Report) last issued its quarterly earnings results on Friday, April 26th. The bank reported $1.06 EPS for the quarter, meeting the consensus estimate of $1.06. Bancorp had a net margin of 31.40% and a return on equity of 26.32%. The company had revenue of $123.80 million for the quarter, compared to the consensus estimate of $126.86 million. During the same period in the prior year, the firm posted $0.88 EPS. On average, analysts expect Bancorp to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Bancorp Stock Up 2.5 %
Shares of NASDAQ:TBBK opened at $50.96 on Wednesday. The business has a 50 day simple moving average of $36.84 and a two-hundred day simple moving average of $37.15. Bancorp has a 1 year low of $29.92 and a 1 year high of $51.44. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.98. The firm has a market capitalization of $2.66 billion, a PE ratio of 13.85 and a beta of 1.47.
Insiders Place Their Bets
Analysts Set New Price Targets
A number of brokerages have recently issued reports on TBBK. Keefe, Bruyette & Woods lowered their target price on shares of Bancorp from $52.00 to $46.00 and set an “outperform” rating for the company in a research note on Friday, April 5th. Piper Sandler reaffirmed an “overweight” rating and set a $55.00 target price on shares of Bancorp in a research report on Tuesday, July 2nd. Finally, StockNews.com upgraded Bancorp from a “sell” rating to a “hold” rating in a report on Monday, April 29th.
Get Our Latest Research Report on Bancorp
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.
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