Bancorp (TBBK) Stock Price, News & Analysis

Company Overview

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. The company also provides securities-backed lines of credit and insurance policy cash value-backed lines of credit; investor advisor financing; lease financing for commercial and government vehicle fleets, including trucks and other special purpose vehicles; commercial real estate bridge loans; and small business administration loans. In addition, it offers bill and other payment services; debit and prepaid card issuing services; card and bill payment, and automated clearing house processing services; and internet banking services. The company was incorporated in 1999 and is headquartered in Wilmington, Delaware.

Key Stats

• Today's Range: $54.79 to $56.71
• 50-Day Range: $47.01 to $59.01
• 52-Week Range: $29.92 to $59.46
• Volume: 189,399 shs
• Average Volume: 625,616 shs
• Market Capitalization: $2.69 billion
• P/E Ratio: 14.17
• Dividend Yield: N/A
• Price Target: $55.00
• Consensus Rating: Buy

Bancorp Stock Analysis - MarketRank™

Bancorp scored higher than 54% of companies evaluated by MarketBeat, and ranked 587th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bancorp has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 23.49%

Earnings Growth

Earnings for Bancorp are expected to grow by 23.49% in the coming year, from $4.30 to $5.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bancorp is 14.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bancorp is 14.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.81.

Price to Book Value per Share Ratio

Bancorp has a P/B Ratio of 3.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.80% of the float of Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Bancorp has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Bancorp has recently decreased by 6.36%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bancorp does not currently pay a dividend.

Dividend Growth

Bancorp does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

14.80% of the float of Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Bancorp has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Bancorp has recently decreased by 6.36%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.56

News Sentiment

Bancorp has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Bancorp this week, compared to 8 articles on an average week.

Search Interest

7 people have searched for TBBK on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

MarketBeat Follows

2 people have added Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Bancorp insiders have sold 4,826.28% more of their company's stock than they have bought. Specifically, they have bought $27,310.00 in company stock and sold $1,345,366.00 in company stock.

Percentage Held by Insiders

Only 5.20% of the stock of Bancorp is held by insiders.

Percentage Held by Institutions

96.22% of the stock of Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TBBK Stock Analysis - Frequently Asked Questions

How have TBBK shares performed this year?

Bancorp's stock was trading at $38.56 at the start of the year. Since then, TBBK shares have increased by 45.5% and is now trading at $56.10.
View the best growth stocks for 2024 here.

How were Bancorp's earnings last quarter?

The Bancorp, Inc. (NASDAQ:TBBK) posted its quarterly earnings data on Thursday, October, 24th. The bank reported $1.04 EPS for the quarter, missing analysts' consensus estimates of $1.12 by $0.08. The bank had revenue of $125.84 million for the quarter, compared to analysts' expectations of $131.34 million. Bancorp had a net margin of 30.97% and a trailing twelve-month return on equity of 26.63%.

Who are Bancorp's major shareholders?

Top institutional investors of Bancorp include FMR LLC (8.81%), State Street Corp (6.39%), Wellington Management Group LLP (4.14%) and Geode Capital Management LLC (2.84%). Insiders that own company stock include Hersh Kozlov, Ryan Harris, Jeffrey A Nager, Olek Derowe, Matthew J Wallace, Thomas G Pareigat, Matthew Cohn, Stephanie B Mudick, Daniela Mielke, Erika R Caesar, Maria Wainwright, Jennifer F Terry and Cheryl Creuzot.
View institutional ownership trends.

How do I buy shares of Bancorp?

Shares of TBBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bancorp investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:TBBK
• CUSIP: 05969A10
• CIK: 1295401
• Web: www.thebancorp.com
• Phone: (302) 385-5000
• Fax: 302-385-5194
• Employees: 720
• Year Founded: 1999

Price Target and Rating

• Average Stock Price Target: $55.00
• High Stock Price Target: $60.00
• Low Stock Price Target: $50.00
• Potential Upside/Downside: +0.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.96
• Trailing P/E Ratio: 13.88
• Forward P/E Ratio: 12.79
• P/E Growth: N/A
• Net Income: $192.30 million
• Net Margins: 30.97%
• Pretax Margin: 41.41%
• Return on Equity: 26.63%
• Return on Assets: 2.69%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.88
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $621.60 million
• Price / Sales: 4.24
• Cash Flow: $3.81 per share
• Price / Cash Flow: 14.43
• Book Value: $17.01 per share
• Price / Book: 3.23

Miscellaneous

• Outstanding Shares: 47,930,000
• Free Float: 45,440,000
• Market Cap: $2.64 billion
• Optionable: Optionable
• Beta: 1.46