Bancorp (NASDAQ:TBBK) Releases Earnings Results, Beats Expectations By $0.02 EPS

Bancorp (NASDAQ:TBBK) issued its earnings results on Thursday. The bank reported $1.15 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

Bancorp stock opened at $57.64 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.85 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average price of $55.10 and a 200 day moving average price of $52.72. Bancorp has a 12-month low of $29.92 and a 12-month high of $61.17. The stock has a market cap of $2.76 billion, a P/E ratio of 14.56 and a beta of 1.49.

Insider Activity

In other Bancorp news, EVP Thomas G. Pareigat sold 5,466 shares of Bancorp stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $49.03, for a total transaction of $267,997.98. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 5.20% of the company’s stock.

Analyst Upgrades and Downgrades

TBBK has been the subject of a number of recent research reports. StockNews.com downgraded shares of Bancorp from a “hold” rating to a “sell” rating in a report on Sunday, January 12th. 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.

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.