Segall Bryant & Hamill LLC trimmed its holdings in The Bancorp, Inc. (NASDAQ:TBBK – Free Report) by 4.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,384 shares of the bank’s stock after selling 8,473 shares during the period. Segall Bryant & Hamill LLC owned 0.39% of Bancorp worth $8,779,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of TBBK. Arete Wealth Advisors LLC grew its stake in Bancorp by 8.4% during the first quarter. Arete Wealth Advisors LLC now owns 10,984 shares of the bank’s stock worth $590,000 after buying an additional 850 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Bancorp by 104.5% during the 1st quarter. Bank of America Corp DE now owns 426,613 shares of the bank’s stock worth $22,922,000 after buying an additional 218,038 shares during the last quarter. Edgestream Partners L.P. acquired a new position in Bancorp during the first quarter worth about $3,592,000. Janus Henderson Group PLC boosted its stake in shares of Bancorp by 19.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,084,992 shares of the bank’s stock valued at $58,296,000 after purchasing an additional 172,925 shares in the last quarter. Finally, Amundi increased its position in Bancorp by 46.1% during the 1st quarter. Amundi now owns 12,856 shares of the bank’s stock worth $691,000 after purchasing an additional 4,059 shares in the last quarter. 96.22% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
TBBK has been the subject of a number of recent research reports. Wall Street Zen raised Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Bank of America reaffirmed a “buy” rating on shares of Bancorp in a research report on Monday, July 20th. Keefe, Bruyette & Woods upgraded Bancorp from a “market perform” rating to an “outperform” rating and upped their target price for the company from $72.00 to $77.00 in a report on Thursday, July 9th. Weiss Ratings raised shares of Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. Finally, Raymond James Financial reiterated a “strong-buy” rating and set a $82.00 price target on shares of Bancorp in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $66.50.
Bancorp Stock Performance
NASDAQ TBBK opened at $67.07 on Monday. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.30. The company has a fifty day simple moving average of $61.11 and a 200 day simple moving average of $59.31. The Bancorp, Inc. has a 12-month low of $50.20 and a 12-month high of $81.65. The company has a market cap of $2.79 billion, a P/E ratio of 12.61 and a beta of 1.19.
Bancorp (NASDAQ:TBBK – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.09. The business had revenue of $137.74 million for the quarter, compared to analysts’ expectations of $166.69 million. Bancorp had a net margin of 32.91% and a return on equity of 32.32%. Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. Sell-side analysts predict that The Bancorp, Inc. will post 6 earnings per share for the current fiscal year.
Key Headlines Impacting Bancorp
Here are the key news stories impacting Bancorp this week:
- Positive Sentiment: Q2 earnings beat expectations: The Bancorp reported diluted EPS of $1.45, up 14.2% from $1.27 a year earlier and above the $1.36 analyst consensus. Net income rose to $60.7 million from $59.8 million. The Bancorp Q2 earnings beat article
- Positive Sentiment: Fintech growth remained strong: Gross dollar volume for prepaid, debit and credit cards increased 22.5% year over year to $53.45 billion. Average deposits rose 4.4% to $8.41 billion, while management cited continued growth in loans and fintech fees, along with improved credit and cost efficiency. The Bancorp Q2 results press release
- Positive Sentiment: Full-year outlook improved: Fiscal 2026 EPS guidance was raised to $5.95-$6.05 from an analyst consensus of $5.92. The company also maintained its 2027 EPS outlook of $8.10-$8.30 and repurchased $50 million of stock during the quarter.
- Neutral Sentiment: Strong profitability metrics: Return on equity increased to 34.7% from 28.4% a year earlier, although return on assets declined to 2.51% from 2.64%. Management discussed the results and outlook during the earnings call. The Bancorp Q2 earnings call transcript
- Negative Sentiment: Revenue missed estimates: Quarterly revenue was $137.74 million, below the $166.69 million analyst forecast, which may limit enthusiasm despite the EPS beat.
- Negative Sentiment: Margin pressure and cautious near-term guidance: Net interest margin declined to 3.85% from 4.44% year over year. Fourth-quarter EPS guidance of $1.65-$1.75 has a midpoint below the $1.75 consensus estimate.
Bancorp Company Profile
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.
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