The Bancorp, Inc. (NASDAQ:TBBK) Receives Average Recommendation of “Moderate Buy” from Brokerages

The Bancorp, Inc. (NASDAQ:TBBKGet Free Report) has received an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $71.1667.

A number of research analysts recently weighed in on the stock. Bank of America reiterated a “buy” rating on shares of Bancorp in a research note on Monday, July 20th. Raymond James Financial set a $88.00 price objective on Bancorp in a report on Friday, August 7th. Weiss Ratings raised Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research 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 note on Monday, August 3rd. Finally, Piper Sandler reiterated an “overweight” rating and set a $86.00 price objective (up from $70.00) on shares of Bancorp in a research note on Monday, August 3rd.

View Our Latest Analysis on Bancorp

Insiders Place Their Bets

In related news, CAO Martin Egan sold 3,057 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were 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 approximately $2,176,674.57. This trade represents a 9.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 6.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Bancorp

A number of institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. increased its holdings in Bancorp by 3.7% in the 2nd quarter. Osaic Holdings Inc. now owns 5,586 shares of the bank’s stock worth $318,000 after acquiring an additional 197 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Bancorp by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 42,929 shares of the bank’s stock valued at $2,446,000 after buying an additional 253 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Bancorp by 4.1% in the first quarter. Janney Montgomery Scott LLC now owns 6,856 shares of the bank’s stock worth $368,000 after buying an additional 267 shares during the last quarter. Cerity Partners LLC boosted its position in shares of Bancorp by 1.1% during the fourth quarter. Cerity Partners LLC now owns 27,518 shares of the bank’s stock valued at $1,858,000 after buying an additional 309 shares during the period. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Bancorp during the fourth quarter valued at $27,000. 96.22% of the stock is owned by institutional investors.

Bancorp Stock Performance

TBBK stock opened at $66.87 on Friday. The firm has a market cap of $2.73 billion, a PE ratio of 12.57 and a beta of 1.18. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average of $67.09 and a 200-day moving average of $59.95. Bancorp has a 12-month low of $50.20 and a 12-month high of $81.65.

Bancorp (NASDAQ:TBBKGet Free Report) last announced its quarterly earnings data 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. The firm had revenue of $137.74 million during the quarter, compared to the consensus estimate of $166.69 million. Bancorp had a return on equity of 32.32% and a net margin of 27.72%.Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. As a group, sell-side analysts expect that Bancorp will post 6.02 earnings per share for the current year.

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.

Further Reading

Analyst Recommendations for Bancorp (NASDAQ:TBBK)

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