The Bancorp, Inc. (NASDAQ:TBBK – Get Free Report) has been given an average recommendation of “Moderate Buy” by the seven ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $71.1667.
A number of equities research analysts have recently weighed in on TBBK shares. Weiss Ratings raised Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. Wall Street Zen raised Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Bank of America restated a “buy” rating on shares of Bancorp in a research report on Monday, July 20th. Piper Sandler reaffirmed an “overweight” rating and set a $86.00 target price (up from $70.00) on shares of Bancorp in a research note on Monday, August 3rd. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $79.00 price target (up from $77.00) on shares of Bancorp in a research report on Monday, August 3rd.
Insider Activity at Bancorp
Hedge Funds Weigh In On Bancorp
Institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. increased its stake in Bancorp by 4.8% during the 3rd quarter. Invesco Ltd. now owns 2,781,772 shares of the bank’s stock valued at $208,327,000 after buying an additional 126,302 shares during the period. Janus Henderson Group PLC lifted 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 worth $58,296,000 after acquiring an additional 172,925 shares during the period. Nantahala Capital Management LLC boosted its holdings in shares of Bancorp by 25.7% in the fourth quarter. Nantahala Capital Management LLC now owns 1,071,685 shares of the bank’s stock valued at $72,360,000 after acquiring an additional 219,351 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of Bancorp by 8.5% during the fourth quarter. Brown Advisory Inc. now owns 905,876 shares of the bank’s stock valued at $61,165,000 after acquiring an additional 71,299 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of Bancorp by 273.2% during the third quarter. Ameriprise Financial Inc. now owns 621,903 shares of the bank’s stock valued at $46,574,000 after acquiring an additional 455,265 shares during the period. Institutional investors own 96.22% of the company’s stock.
Bancorp Trading Down 1.0%
Shares of NASDAQ:TBBK opened at $68.93 on Tuesday. The company has a market cap of $2.87 billion, a PE ratio of 12.96 and a beta of 1.19. The company’s 50-day moving average price is $62.96 and its 200 day moving average price is $59.38. Bancorp has a fifty-two week low of $50.20 and a fifty-two week high of $81.65. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.30.
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 net margin of 27.72% and a return on equity of 32.32%. The firm had revenue of $137.74 million during the quarter, compared to analyst estimates 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. Sell-side analysts anticipate that Bancorp will post 6.02 earnings per share for the current year.
About Bancorp
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
- Five stocks we like better than Bancorp
- SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat
- 3 Dividend Champion Utilities for a Market That Can’t Sit Still
- These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
- First Solar’s Profit Engine Faces a New Policy Test in Washington
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.
