Keefe, Bruyette & Woods Upgrades Bancorp (NASDAQ:TBBK) to “Outperform”

Posted by George Bondi on Jul 9th, 2026

Bancorp (NASDAQ:TBBK – Get Free Report) was upgraded by research analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a report issued on Thursday,Benzinga reports. The firm currently has a $77.00 price objective on the bank’s stock, up from their prior price objective of $72.00. Keefe, Bruyette & Woods’ price target indicates a potential upside of 22.16% from the company’s current price.

TBBK has been the subject of a number of other reports. Piper Sandler began coverage on shares of Bancorp in a research note on Thursday, March 12th. They issued an “overweight” rating and a $66.00 target price for the company. Zacks Research raised shares of Bancorp from a “strong sell” rating to a “hold” rating in a research note on Friday, April 3rd. Wall Street Zen raised shares of Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Weiss Ratings raised Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $61.50.

Check Out Our Latest Report on Bancorp

Bancorp Stock Down 3.9%

TBBK opened at $63.03 on Thursday. The company has a market capitalization of $2.62 billion, a PE ratio of 12.26 and a beta of 1.19. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.88. Bancorp has a fifty-two week low of $50.20 and a fifty-two week high of $81.65. The business has a 50-day moving average of $57.50 and a 200-day moving average of $59.58.

Bancorp (NASDAQ:TBBK – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The bank reported $1.41 EPS for the quarter, beating the consensus estimate of $1.34 by $0.07. Bancorp had a return on equity of 30.56% and a net margin of 26.92%.The business had revenue of $132.50 million during the quarter, compared to analysts’ expectations of $189.17 million. Equities research analysts forecast that Bancorp will post 5.95 EPS for the current fiscal year.

Insider Buying and Selling at Bancorp

In other Bancorp news, CMO Maria Wainwright sold 8,400 shares of the stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $60.24, for a total value of $506,016.00. Following the completion of the sale, the chief marketing officer directly owned 24,942 shares of the company’s stock, valued at $1,502,506.08. This represents a 25.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Erika R. Caesar sold 4,470 shares of the firm’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $60.28, for a total transaction of $269,451.60. Following the completion of the sale, the executive vice president owned 32,880 shares in the company, valued at $1,982,006.40. This represents a 11.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 6.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in TBBK. Penn Capital Management Company LLC acquired a new stake in shares of Bancorp during the 3rd quarter worth approximately $13,422,000. Kennedy Capital Management LLC raised its stake in shares of Bancorp by 57.4% in the third quarter. Kennedy Capital Management LLC now owns 281,256 shares of the bank’s stock valued at $21,063,000 after purchasing an additional 102,534 shares in the last quarter. Boothbay Fund Management LLC acquired a new position in shares of Bancorp in the third quarter valued at $3,529,000. Hennessy Advisors Inc. lifted its position in Bancorp by 33.3% in the fourth quarter. Hennessy Advisors Inc. now owns 40,000 shares of the bank’s stock worth $2,701,000 after purchasing an additional 10,000 shares during the period. Finally, BW Gestao de Investimentos Ltda. bought a new position in Bancorp in the fourth quarter worth $7,427,000. 96.22% of the stock is currently owned by institutional investors.

About Bancorp

(Get Free Report)

The Bancorp, Inc (NASDAQ: TBBK) is a Delaware-chartered bank holding company that provides a range of banking and financial services to individuals, businesses, and financial institutions across the United States. Through its subsidiary, The Bancorp Bank, the company offers FDIC-insured deposit accounts, cash management solutions and specialized lending products. Its business model focuses on partnering with fintech firms, asset managers and payment processors to deliver integrated banking-as-a-service (BaaS) capabilities.

The company’s product suite includes interest-bearing and non-interest-bearing checking accounts, money market accounts, certificates of deposit and debit and credit card services.