The Bancorp, Inc. (NASDAQ:TBBK – Get Free Report) CAO Martin Egan sold 3,057 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $72.03, for a total value of $220,195.71. Following the sale, the chief accounting officer owned 30,219 shares in the company, valued at $2,176,674.57. The trade was a 9.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Bancorp Stock Performance
NASDAQ:TBBK traded down $1.00 during midday trading on Thursday, reaching $70.74. 402,627 shares of the company traded hands, compared to its average volume of 523,097. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 13.30 and a beta of 1.19. The company has a fifty day moving average price of $62.07 and a 200 day moving average price of $59.35. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.88 and a quick ratio of 0.87. The Bancorp, Inc. has a twelve month low of $50.20 and a twelve month high of $81.65.
Bancorp (NASDAQ:TBBK – Get Free Report) last posted its earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.09. Bancorp had a return on equity of 32.32% and a net margin of 32.91%.The company had revenue of $137.74 million for the quarter, compared to analysts’ expectations of $166.69 million. Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. On average, analysts expect that The Bancorp, Inc. will post 6.02 EPS for the current fiscal year.
Institutional Trading of Bancorp
Analyst Ratings Changes
TBBK has been the subject of several recent analyst reports. Raymond James Financial restated a “strong-buy” rating and issued a $82.00 target price on shares of Bancorp in a research report on Friday, July 31st. Bank of America reaffirmed a “buy” rating on shares of Bancorp in a report on Monday, July 20th. Weiss Ratings raised Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $79.00 target price (up from $77.00) on shares of Bancorp in a research report on Monday. Finally, Wall Street Zen raised Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $70.17.
Check Out Our Latest Report on Bancorp
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.
Recommended Stories
- Five stocks we like better than Bancorp
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
