TBBK - Bancorp Inc-The Stock Price, Fair Value and News

33.67USD+0.27 (+0.81%)Market Closed

Market Summary

USD33.67+0.27

Market Closed

0.81%

TBBK Alerts

5 major insider buys and 1 major insider sales recently.

Big fall in Revenue (Y/Y)

TBBK Stock Price

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TBBK RSI Chart

TBBK Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

8.73

Price/Sales (Trailing)

4.18

EV/EBITDA

0.78

Price/Free Cashflow

8.37

TBBK Price/Sales (Trailing)

TBBK Profitability

EBT Margin

64.03%

Return on Equity

24.44%

Return on Assets

2.52%

Free Cashflow Yield

11.95%

TBBK Fundamentals

TBBK Revenue

Revenue (TTM)

416.7M

Rev. Growth (Yr)

-75.95%

Rev. Growth (Qtr)

-77.75%

TBBK Earnings

Earnings (TTM)

199.6M

Earnings Growth (Yr)

14.88%

Earnings Growth (Qtr)

28.17%

Breaking Down TBBK Revenue

Last 7 days

1.7%

Last 30 days

2.5%

Last 90 days

-23.6%

Trailing 12 Months

5.9%

How does TBBK drawdown profile look like?

TBBK Financial Health

Debt/Equity

0.05

Debt/Cashflow

5.25

TBBK Investor Care

Buy Backs (1Y)

5.35%

Diluted EPS (TTM)

3.68

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	416.7M	0	0	0
2023	374.6M	439.3M	484.3M	509.5M
2022	221.0M	225.7M	256.1M	308.3M
2021	216.2M	221.3M	222.3M	222.1M
2020	187.5M	195.3M	199.4M	210.8M
2019	156.2M	165.0M	174.7M	179.6M
2018	128.9M	133.4M	140.2M	148.0M
2017	107.0M	113.9M	119.1M	122.0M
2016	87.5M	91.0M	96.6M	102.2M
2015	73.9M	76.6M	79.8M	83.5M
2014	56.2M	61.7M	66.6M	70.7M
2013	84.4M	72.6M	61.4M	51.1M
2012	91.3M	93.9M	95.5M	96.9M
2011	83.8M	84.7M	86.6M	88.4M
2010	0	80.8M	81.7M	82.7M
2009	0	0	0	79.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Bancorp Inc-The

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	kozlov hersh	bought	32,530	32.53	1,000	-
May 07, 2024	lamb william h	bought	32,445	32.445	1,000	-
May 06, 2024	lamb william h	bought	97,723	32.03	3,051	-
May 03, 2024	mcentee james j iii	bought	65,227	32.6135	2,000	-
May 03, 2024	cohn matthew	bought	40,832	32.51	1,256	-
May 03, 2024	cohn matthew	bought	646	32.3	20.00	-
May 03, 2024	terry jennifer f	sold	-362,218	32.18	-11,256	evp and chief hr officer
May 03, 2024	cohn matthew	bought	15,474	32.51	476	-
May 02, 2024	cohn matthew	bought	16,740	31.00	540	-
May 02, 2024	cohn matthew	bought	36,002	31.01	1,161	-

Which funds bought or sold TBBK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.6	-417,995	1,787,870	-%
May 16, 2024	JANE STREET GROUP, LLC	added	128	2,076,050	4,179,660	-%
May 16, 2024	COMERICA BANK	reduced	-16.82	-306,328	794,675	-%
May 15, 2024	PRELUDE CAPITAL MANAGEMENT, LLC	new	-	412,595	412,595	0.02%
May 15, 2024	JANUS HENDERSON GROUP PLC	reduced	-1.45	-5,435,470	32,088,400	0.02%
May 15, 2024	D. E. Shaw & Co., Inc.	added	74.16	2,971,010	8,782,620	0.01%
May 15, 2024	Point72 Asia (Singapore) Pte. Ltd.	reduced	-64.33	-36,064	16,161	-%
May 15, 2024	SEGALL BRYANT & HAMILL, LLC	new	-	5,447,560	5,447,560	0.10%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	67.85	8,484,830	27,071,700	-%
May 15, 2024	Squarepoint Ops LLC	added	59.00	378,773	1,376,240	-%

Are Funds Buying or Selling TBBK?

Are funds buying TBBK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TBBK

No. of Funds

TBBK Alerts

5 major insider buys and 1 major insider sales recently.
Big fall in Revenue (Y/Y)

Unveiling Bancorp Inc-The's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	6.72%	3,606,491	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 23, 2024	blackrock inc.	14.6%	7,832,810	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	4.6%	2,567,939	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 09, 2023	vanguard group inc	6.49%	3,633,492	SC 13G/A
Jan 26, 2023	blackrock inc.	14.8%	8,258,248	SC 13G/A
Jan 20, 2023	blackrock inc.	14.8%	8,258,248	SC 13G
Feb 09, 2022	vanguard group inc	5.88%	3,347,668	SC 13G
Feb 08, 2022	dimensional fund advisors lp	5.2%	2,936,655	SC 13G/A

Recent SEC filings of Bancorp Inc-The

View All Filings

Date Filed	Form Type	Document
May 10, 2024	10-Q	Quarterly Report
May 08, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 03, 2024	144	Notice of Insider Sale Intent
May 02, 2024	4	Insider Trading
May 02, 2024	4/A	Insider Trading

Peers (Alternatives to Bancorp Inc-The)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Bancorp Inc-The News

Latest updates

Bancorp Inc-The Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-77.8%	29.00	132	129	126	122	107	84.00	62.00	56.00	55.00	54.00	57.00	57.00	55.00	52.00	52.00	51.00	44.00	48.00	44.00	44.00
EBITDA Margin	26.0%	1.52*	1.21*	1.23*	1.25*	1.31*	1.39*	1.50*	1.62*	1.63*	1.61*	1.60*	1.58*	1.55*	-	-	-	-	-	-	-	-
Interest Expenses	2.5%	94.00	92.00	89.00	87.00	86.00	77.00	65.00	55.00	53.00	52.00	51.00	54.00	54.00	52.00	50.00	50.00	43.00	35.00	38.00	35.00	34.00
Income Taxes	21.7%	18.00	15.00	16.00	17.00	16.00	16.00	12.00	11.00	9.00	9.00	8.00	8.00	9.00	9.00	8.00	7.00	4.00	4.00	8.00	4.00	6.00
Earnings Before Taxes	26.5%	75.00	59.00	66.00	66.00	65.00	56.00	42.00	41.00	38.00	36.00	36.00	37.00	35.00	33.00	31.00	27.00	18.00	7.00	28.00	14.00	23.00
EBT Margin	27.1%	0.64*	0.50*	0.52*	0.52*	0.55*	0.58*	0.61*	0.67*	0.67*	0.65*	0.64*	0.61*	0.58*	-	-	-	-	-	-	-	-
Net Income	28.2%	56.00	44.00	50.00	49.00	49.00	40.00	31.00	30.00	29.00	27.00	28.00	29.00	26.00	24.00	23.00	20.00	13.00	2.00	20.00	11.00	18.00
Net Income Margin	26.9%	0.48*	0.38*	0.39*	0.38*	0.40*	0.42*	0.46*	0.51*	0.51*	0.50*	0.48*	0.46*	0.43*	-	-	-	-	-	-	-	-
Free Cashflow	20.6%	74.00	61.00	50.00	24.00	39.00	52.00	26.00	20.00	17.00	12.00	38.00	13.00	19.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.7%	7,916	7,706	7,466	7,543	7,607	7,903	7,777	7,120	7,083	6,843	6,268	6,551	7,747	6,277	6,169	6,214	5,458	5,657	4,944	4,604	4,627
Cash Equivalents	20.5%	1,250	1,038	903	881	787	888	723	343	674	602	317	589	1,747	346	301	481	120	944	957	312	726
Net PPE	0.0%	27.00	27.00	29.00	26.00	21.00	18.00	18.00	17.00	16.00	16.00	17.00	17.00	17.00	18.00	16.00	17.00	17.00	18.00	18.00	17.00	18.00
Liabilities	2.9%	7,099	6,898	6,692	6,794	6,882	7,209	7,113	6,463	6,430	6,191	5,630	5,931	7,151	5,696	5,611	5,681	4,960	5,172	4,459	4,145	4,192
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	140	-	-	-	-
Shareholder's Equity	1.2%	817	807	774	749	725	694	664	657	652	652	638	619	597	581	558	533	498	484	484	458	435
Retained Earnings	10.0%	618	562	518	467	418	369	329	298	268	239	212	184	154	128	104	81.00	61.00	51.00	49.00	28.00	17.00
Additional Paid-In Capital	-21.7%	166	212	234	256	278	299	312	324	337	350	358	363	370	377	377	375	373	372	370	369	367
Shares Outstanding	-1.8%	52.00	53.00	54.00	55.00	55.00	56.00	56.00	57.00	57.00	57.00	57.00	57.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,720	-	-	-	1,080	-	-	-	1,280	-	-	-	616	-	-	-	456	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	22.6%	75.00	61.00	53.00	29.00	43.00	53.00	28.00	21.00	18.00	13.00	38.00	14.00	20.00	31.00	644	-47.01	-507	-96.44	412	-347	99.00
Share Based Compensation	22.9%	3.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	2.00	2.00	1.00	1.00	1.00	2.00	1.00
Cashflow From Investing	71.5%	-22.29	-78.11	114	174	206	9.00	-279	-375	-182	-282	-29.14	74.00	-68.57	-59.83	-765	-305	-97.16	-622	-76.88	-77.54	-16.68
Cashflow From Financing	5.3%	159	151	-143	-109	-350	104	631	23.00	236	554	-280	-1,246	1,450	74.00	-58.28	714	-220	707	309	11.00	90.00
Buy Backs	103.8%	50.00	25.00	25.00	25.00	25.00	15.00	15.00	15.00	15.00	10.00	10.00	10.00	10.00	-	-	-	-	-	-	-	-

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TBBK Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Loans, including fees	$ 114,252	$ 106,259
Investment securities:
Taxable interest	9,634	9,300
Tax-exempt interest	39	32
Interest-earning deposits	11,884	6,585
Total interest income	135,809	122,176
Interest expense
Deposits	39,161	34,460
Short-term borrowings	19	234
Long-term borrowings	686	126
Senior debt	1,233	1,279
Subordinated debentures	292	261
Total interest expense	41,391	36,360
Net interest income	94,418	85,816
Provision for credit losses on loans	2,169	1,903
Net interest income after provision for credit losses	92,249	83,913
Non-interest income
Net realized and unrealized gains on commercial loans, at fair value	1,096	1,725
Leasing related income	388	1,490
Other	648	280
Total non-interest income	29,382	28,989
Non-interest expense
Salaries and employee benefits	30,280	29,785
Depreciation and amortization	949	721
Rent and related occupancy cost	1,640	1,394
Data processing expense	1,421	1,321
Printing and supplies	103	145
Audit expense	359	392
Legal expense	821	958
Amortization of intangible assets	99	99
FDIC insurance	845	955
Software	4,489	4,237
Insurance	1,338	1,306
Telecom and IT network communications	271	376
Consulting	578	322
Write-downs and other losses on other real estate owned		1,019
Other	3,519	5,000
Total non-interest expense	46,712	48,030
Income before income taxes	74,919	64,872
Income tax expense	18,490	15,750
Net income	$ 56,429	$ 49,122
Net income per share - basic	$ 1.07	$ 0.89
Net income per share - diluted	$ 1.06	$ 0.88
Weighted average shares - basic	52,747,140	55,452,815
Weighted average shares - diluted	53,326,588	56,048,142
ACH, Card And Other Payment Processing Fees [Member]
Non-interest income
Fees	$ 2,964	$ 2,171
Prepaid, Debit Card And Related Fees [Member]
Non-interest income
Fees	$ 24,286	$ 23,323

TBBK Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Cash and cash equivalents
Cash and due from banks	$ 9,105	$ 4,820
Interest-earning deposits at Federal Reserve Bank	1,241,363	1,033,270
Total cash and cash equivalents	1,250,468	1,038,090
Investment securities, available-for-sale, at fair value, net of $10.0 million allowance for credit loss	718,247	747,534
Commercial loans, at fair value	282,998	332,766
Loans, net of deferred loan fees and costs	5,459,344	5,361,139
Allowance for credit losses	(28,741)	(27,378)
Loans, net	5,430,603	5,333,761
Stock in Federal Reserve, Federal Home Loan and Atlantic Central Bankers Banks	15,642	15,591
Premises and equipment, net	27,482	27,474
Accrued interest receivable	37,861	37,534
Intangible assets, net	1,552	1,651
Other real estate owned	19,559	16,949
Deferred tax asset, net	21,764	21,219
Other assets	109,680	133,126
Total assets	7,915,856	7,705,695
Deposits
Demand and interest checking	6,828,159	6,630,251
Savings and money market	62,597	50,659
Total deposits	6,890,756	6,680,910
Securities sold under agreements to repurchase		42
Senior debt	95,948	95,859
Subordinated debentures	13,401	13,401
Other long-term borrowings	38,407	38,561
Other liabilities	60,579	69,641
Total liabilities	7,099,091	6,898,414
SHAREHOLDERS' EQUITY
Common stock - authorized, 75,000,000 shares of $1.00 par value; 52,253,037 and 53,202,630 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	52,253	53,203
Additional paid-in capital	166,335	212,431
Retained earnings	618,044	561,615
Accumulated other comprehensive loss	(19,867)	(19,968)
Total shareholders' equity	816,765	807,281
Total liabilities and shareholders' equity	$ 7,915,856	$ 7,705,695

About Bancorp Inc-The

The Bancorp, Inc. operates as the financial 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, medical savings, money market, individual retirement, and commercial accounts; certificates of deposit; and payroll cards. The company also provides secured loans and lines of credit, such as commercial and residential real estate loans; unsecured loans and lines of credit; construction loans for residential and commercial projects; commercial vehicle and equipment leasing programs; and home equity loans and home equity lines of credit, personal lines of credit, personal installment loans, vehicle leasing, residential mortgage loans to individual customers. It offers private label banking; credit and debit card payment processing services for independent service organizations; and internet banking services. The company was incorporated in 1999 and is headquartered in Wilmington, Delaware.

CEO	Mr. Damian M. Kozlowski
WEBSITE	thebancorp.com
INDUSTRY	Banks Diversified
EMPLOYEES	717

Bancorp Inc-The Frequently Asked Questions

What is the ticker symbol for Bancorp Inc-The? What does TBBK stand for in stocks?

TBBK is the stock ticker symbol of Bancorp Inc-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bancorp Inc-The (TBBK)?

As of Fri May 17 2024, market cap of Bancorp Inc-The is 1.74 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TBBK stock?

You can check TBBK's fair value in chart for subscribers.

What is the fair value of TBBK stock?

You can check TBBK's fair value in chart for subscribers. The fair value of Bancorp Inc-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bancorp Inc-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TBBK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bancorp Inc-The a good stock to buy?

The fair value guage provides a quick view whether TBBK is over valued or under valued. Whether Bancorp Inc-The is cheap or expensive depends on the assumptions which impact Bancorp Inc-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TBBK.

What is Bancorp Inc-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, TBBK's PE ratio (Price to Earnings) is 8.73 and Price to Sales (PS) ratio is 4.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TBBK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Bancorp Inc-The's stock?

In the past 10 years, Bancorp Inc-The has provided 0.085 (multiply by 100 for percentage) rate of return.