Bancorp (NASDAQ:TBBK) Issues FY 2025 Earnings Guidance

Bancorp (NASDAQ:TBBK) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.250-5.250 for the period, compared to the consensus earnings per share estimate of 5.240. The company issued revenue guidance of -. Bancorp also updated its FY 2024 guidance to 4.350-4.350 EPS.

Analysts Set New Price Targets

TBBK has been the subject of several recent research reports. Piper Sandler raised their price objective on Bancorp from $55.00 to $60.00 and gave the company an “overweight” rating in a research report on Monday, July 29th. StockNews.com cut shares of Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, July 30th. Finally, Keefe, Bruyette & Woods restated an “outperform” rating and issued a $55.00 price objective (up previously from $46.00) on shares of Bancorp in a report on Monday, July 29th.

Bancorp Stock Down 14.5 %

Shares of NASDAQ TBBK traded down $7.95 during trading on Friday, reaching $47.01. The company had a trading volume of 2,453,689 shares, compared to its average volume of 624,271. Bancorp has a 12-month low of $29.92 and a 12-month high of $59.26. The company has a quick ratio of 0.84, a current ratio of 0.88 and a debt-to-equity ratio of 0.19. The business’s 50-day moving average is $52.17 and its 200 day moving average is $42.85. The stock has a market cap of $2.30 billion, a PE ratio of 12.24 and a beta of 1.45.

Bancorp (NASDAQ:TBBK) last released its quarterly earnings data on Thursday, October 24th. The bank reported $1.04 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.08). The firm had revenue of $125.84 million for the quarter, compared to the consensus estimate of $131.34 million. Bancorp had a net margin of 31.52% and a return on equity of 26.81%. During the same quarter in the prior year, the business posted $0.92 earnings per share. As a group, equities analysts forecast that Bancorp will post 4.37 earnings per share for the current fiscal year.

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.