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

33.48USD-0.12 (-0.36%)Delayed as of 25 Apr 2024, 11:09 am ET

Market Summary

USD33.48-0.12

Delayedas of 25 Apr 2024, 11:09 am

-0.36%

TBBK Alerts

1 major insider buys recently.

TBBK Stock Price

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TBBK RSI Chart

TBBK Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

9.22

Price/Sales (Trailing)

3.48

EV/EBITDA

1.2

Price/Free Cashflow

10.18

TBBK Price/Sales (Trailing)

TBBK Profitability

EBT Margin

50.40%

Return on Equity

23.82%

Return on Assets

2.5%

Free Cashflow Yield

9.82%

TBBK Fundamentals

TBBK Revenue

Revenue (TTM)

509.5M

Rev. Growth (Yr)

23.54%

Rev. Growth (Qtr)

2.41%

TBBK Earnings

Earnings (TTM)

192.3M

Earnings Growth (Yr)

9.41%

Earnings Growth (Qtr)

-12.18%

Breaking Down TBBK Revenue

52 Week Range

26.9741.52

(Low)(High)

Last 7 days

2.3%

Last 30 days

5.4%

Last 90 days

-17.1%

Trailing 12 Months

28.8%

How does TBBK drawdown profile look like?

TBBK Financial Health

Debt/Equity

0.05

Debt/Cashflow

4.48

TBBK Investor Care

Buy Backs (1Y)

5.10%

Diluted EPS (TTM)

3.5

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 15, 2024	cohn matthew	bought	85,000	34.2052	2,485	-
Mar 12, 2024	cohn matthew	bought	5,622	36.51	154	-
Mar 12, 2024	mudick stephanie b	bought	74,222	37.111	2,000	-
Mar 12, 2024	cohn matthew	bought	70,603	36.62	1,928	-
Feb 13, 2024	leto john	sold	-644,103	42.9402	-15,000	evp head of institutional bank
Feb 12, 2024	wainwright maria	sold (taxes)	-126,219	44.8539	-2,814	evp chief marketing officer
Feb 12, 2024	paul frenkiel	sold (taxes)	-248,356	44.8539	-5,537	cfo and evp
Feb 12, 2024	kozlowski damian	sold (taxes)	-634,279	44.8539	-14,141	chief executive officer
Feb 12, 2024	harris ryan	sold (taxes)	-443,157	44.8539	-9,880	evp head of fintech solutions
Feb 12, 2024	egan martin	sold (taxes)	-38,843	44.8539	-866	chief accounting officer

Which funds bought or sold TBBK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-25.72	-316,000	573,000	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-0.75	-143,372	890,036	0.02%
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	unchanged	-	-191,384	1,258,100	0.11%
Apr 23, 2024	Venturi Wealth Management, LLC	sold off	-100	-1,234	-	-%
Apr 23, 2024	GODSEY & GIBB, INC	unchanged	-	-244	1,607	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-22.00	167	-%
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-668	4,383	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	sold off	-100	-510,689	-	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-5.56	54,345	1,032,210	0.01%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.86	-178,000	1,094,000	0.01%

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

1 major insider buys recently.

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
Apr 08, 2024	ARS	ARS
Apr 08, 2024	DEF 14A	DEF 14A
Apr 08, 2024	DEFA14A	DEFA14A
Mar 18, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 08, 2024	8-K	Current Report
Feb 29, 2024	10-K	Annual Report
Feb 14, 2024	4	Insider Trading
Feb 13, 2024	4	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	556.1B	171.1B	-0.89%	40.25%	11.22	3.25	60.72%	31.52%
BAC	301.8B	130.3B	3.99%	32.91%	11.38	2.32	79.51%	-3.68%
WFC	216.8B	85.7B	6.82%	49.45%	11.33	2.53	41.49%	39.96%
C	119.4B	133.3B	2.49%	30.42%	12.94	0.9	79.09%	-
CFG	16.3B	10.2B	0.65%	23.03%	10.13	1.6	44.53%	-22.43%
KEY	13.9B	7.9B	-1.71%	42.46%	14.42	1.76	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.67%	30.02%	7.96	1.68	56.25%	-23.46%
ZION	6.2B	3.9B	2.80%	57.76%	9.19	1.58	45.91%	-25.03%
ABCB	3.3B	1.3B	2.99%	50.41%	12.38	2.6	43.24%	-22.35%
ASB	3.2B	2.0B	3.49%	25.83%	17.62	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.5M	164.9M	-2.10%	42.66%	35.44	2.51	42.66%	-70.76%
AROW	380.2M	162.6M	-5.51%	7.64%	12.64	2.34	25.39%	-38.37%
ACNB	289.0M	96.6M	-4.81%	8.26%	9.12	2.99	11.02%	-11.37%
ASRV	47.3M	60.9M	2.22%	-5.80%	-14.14	0.78	24.06%	-144.92%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.4%	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	39.00
EBITDA Margin	-1.9%	1.21*	1.23*	1.25*	1.31*	1.39*	1.50*	1.62*	1.63*	1.61*	1.60*	1.58*	1.55*	1.46*	-	-	-	-	-	-	-	-
Interest Expenses	3.7%	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	31.00
Income Taxes	-6.9%	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	3.00
Earnings Before Taxes	-10.9%	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	9.00
EBT Margin	-3.8%	0.50*	0.52*	0.52*	0.55*	0.58*	0.61*	0.67*	0.67*	0.65*	0.64*	0.61*	0.58*	0.51*	-	-	-	-	-	-	-	-
Net Income	-12.2%	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	7.00
Net Income Margin	-3.0%	0.38*	0.39*	0.38*	0.40*	0.42*	0.46*	0.51*	0.51*	0.50*	0.48*	0.46*	0.43*	0.38*	-	-	-	-	-	-	-	-
Free Cashflow	22.2%	61.00	50.00	24.00	39.00	52.00	26.00	20.00	17.00	12.00	38.00	13.00	19.00	28.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.2%	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	4,438
Cash Equivalents	14.9%	1,038	903	881	787	888	723	343	674	602	317	589	1,747	346	301	481	120	944	957	312	726	554
Net PPE	-5.2%	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	19.00
Liabilities	3.1%	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	4,031
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	140	-	-	-	-	-
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42.00
Shareholder's Equity	4.3%	807	774	749	725	694	664	657	652	652	638	619	597	581	558	533	498	484	484	458	435	407
Retained Earnings	8.5%	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	-0.82
Additional Paid-In Capital	-9.3%	212	234	256	278	299	312	324	337	350	358	363	370	377	377	375	373	372	370	369	367	366
Shares Outstanding	-1.2%	53.00	54.00	55.00	55.00	56.00	56.00	57.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	16.1%	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	-340
Share Based Compensation	-2.8%	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	0.00
Cashflow From Investing	-168.8%	-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	39.00
Cashflow From Financing	205.5%	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	78.00
Buy Backs	-2.1%	25.00	25.00	25.00	25.00	15.00	15.00	15.00	15.00	10.00	10.00	10.00	10.00	-	-	-	-	-	-	-	-	-

TBBK Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income
Loans, including fees	$ 436,649	$ 275,837	$ 192,636
Investment securities:
Taxable interest	39,078	25,598	28,661
Tax-exempt interest	153	98	103
Interest-earning deposits	33,627	6,762	715
Total interest income	509,507	308,295	222,115
Interest expense
Deposits	148,529	51,136	5,623
Short-term borrowings	271	1,538	49
Long-term borrowings	507	1,004
Senior debt	5,027	5,118	5,118
Subordinated debentures	1,121	658	449
Total interest expense	155,455	59,454	11,239
Net interest income	354,052	248,841	210,876
Provision for credit losses on loans	8,330	7,108	3,110
Provision for credit loss on security	10,000
Net interest income after provision for credit losses	335,722	241,733	207,766
Non-interest income
Net realized and unrealized gains on commercial loans, at fair value	3,745	13,531	14,885
Leasing related income	6,324	4,822	6,457
Other	2,786	1,159	1,227
Total non-interest income	112,094	105,683	104,749
Non-interest expense
Salaries and employee benefits	121,055	105,368	105,998
Depreciation and amortization	3,074	2,902	2,903
Rent and related occupancy cost	5,980	5,193	5,016
Data processing expense	5,447	4,972	4,664
Printing and supplies	478	428	371
Audit expense	1,620	1,526	1,469
Legal expense	3,850	3,878	6,848
Legal settlement		1,152
Amortization of intangible assets	398	398	398
FDIC insurance	2,957	3,270	5,586
Software	17,349	16,211	15,659
Insurance	5,139	5,026	3,896
Telecom and IT network communications	1,316	1,457	1,569
Consulting	1,938	1,262	1,426
Writedowns and other losses on other real estate owned	1,315
Civil money penalty		1,750
Other	19,126	14,709	12,547
Total non-interest expense	191,042	169,502	168,350
Income before income taxes	256,774	177,914	144,165
Income tax expense	64,478	47,701	33,724
Net income	192,296	130,213	110,441
Discontinued operations
Income from discontinued operations before income taxes			288
Income tax expense			76
Income from discontinued operations, net of tax			212
Net income	$ 192,296	$ 130,213	$ 110,653
Net income per share from continuing operations - basic	$ 3.52	$ 2.30	$ 1.93
Net income per share - basic	3.52	2.30	1.93
Net income per share from continuing operations - diluted	3.49	2.27	1.88
Net income per share - diluted	$ 3.49	$ 2.27	$ 1.88
Weighted average shares - basic	54,506,065	56,556,303	57,190,311
Weighted average shares - diluted	55,053,497	57,268,946	58,830,437
ACH, Card And Other Payment Processing Fees [Member]
Non-interest income
Fees	$ 9,822	$ 8,935	$ 7,526
Prepaid, Debit Card And Related Fees [Member]
Non-interest income
Fees	$ 89,417	$ 77,236	$ 74,654

TBBK Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Cash and cash equivalents
Cash and due from banks	$ 4,820	$ 24,063
Interest-earning deposits at Federal Reserve Bank	1,033,270	864,126
Total cash and cash equivalents	1,038,090	888,189
Investment securities, available-for-sale, at fair value, net of $10.0 million allowance for credit loss at December 31, 2023	747,534	766,016
Commercial loans, at fair value	332,766	589,143
Loans, net of deferred loan fees and costs	5,361,139	5,486,853
Allowance for credit losses	(27,378)	(22,374)
Loans, net	5,333,761	5,464,479
Stock in Federal Reserve, Federal Home Loan and Atlantic Central Bankers Banks	15,591	12,629
Premises and equipment, net	27,474	18,401
Accrued interest receivable	37,534	32,005
Intangible assets, net	1,651	2,049
Other real estate owned	16,949	21,210
Deferred tax asset, net	21,219	19,703
Assets held-for-sale from discontinued operations
Other assets	133,126	89,176
Total assets	7,705,695	7,903,000
Deposits
Demand and interest checking	6,630,251	6,559,617
Savings and money market	50,659	140,496
Time deposits, $100,000 and over	0	330,000
Total deposits	6,680,910	7,030,113
Securities sold under agreements to repurchase	42	42
Senior debt	95,859	99,050
Subordinated debentures	13,401	13,401
Other long-term borrowings	38,561	10,028
Other liabilities	69,641	56,335
Total liabilities	6,898,414	7,208,969
SHAREHOLDERS' EQUITY
Common stock - authorized, 75,000,000 shares of $1.00 par value; 53,202,630 and 55,689,627 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	53,203	55,690
Additional paid-in capital	212,431	299,279
Retained earnings	561,615	369,319
Accumulated other comprehensive loss	(19,968)	(30,257)
Total shareholders' equity	807,281	694,031
Total liabilities and shareholders' equity	$ 7,705,695	$ 7,903,000

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 Wed Apr 24 2024, market cap of Bancorp Inc-The is 1.77 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 Wed Apr 24 2024, TBBK's PE ratio (Price to Earnings) is 9.22 and Price to Sales (PS) ratio is 3.48. 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 0.078 (multiply by 100 for percentage) rate of return.