Edgestream Partners L.P. Invests $3.59 Million in The Bancorp, Inc. $TBBK

Key Points

• Edgestream Partners purchased 66,845 shares of The Bancorp, valued at approximately $3.59 million, while institutional investors collectively own 96.22% of TBBK.
• Analyst sentiment is favorable, with Bancorp receiving a consensus “Moderate Buy” rating and an average price target of $66.50; Raymond James maintained a Strong Buy rating with an $82 target.
• Bancorp beat quarterly EPS expectations with $1.45 versus $1.36 forecast and raised full-year 2026 EPS guidance to $5.95–$6.05, although revenue missed estimates and net interest margin declined year over year.

Edgestream Partners L.P. purchased a new stake in shares of The Bancorp, Inc. (NASDAQ:TBBK - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 66,845 shares of the bank's stock, valued at approximately $3,592,000. Edgestream Partners L.P. owned 0.16% of Bancorp at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of TBBK. Royal Bank of Canada boosted its position in Bancorp by 98.2% during the 1st quarter. Royal Bank of Canada now owns 76,696 shares of the bank's stock valued at $4,052,000 after acquiring an additional 37,993 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Bancorp by 15.9% in the 1st quarter. AQR Capital Management LLC now owns 16,734 shares of the bank's stock valued at $884,000 after purchasing an additional 2,296 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Bancorp by 1.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,183 shares of the bank's stock valued at $1,436,000 after purchasing an additional 518 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Bancorp by 6.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 147,523 shares of the bank's stock valued at $7,795,000 after purchasing an additional 8,454 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Bancorp by 145.8% during the first quarter. Jane Street Group LLC now owns 128,173 shares of the bank's stock valued at $6,773,000 after purchasing an additional 76,027 shares in the last quarter. 96.22% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TBBK. Raymond James Financial reiterated a "strong-buy" rating and issued a $82.00 price objective on shares of Bancorp in a report on Friday. Wall Street Zen upgraded shares of Bancorp from a "sell" rating to a "hold" rating in a research note on Saturday, April 25th. Bank of America reissued a "buy" rating on shares of Bancorp in a research report on Monday, July 20th. Keefe, Bruyette & Woods raised shares of Bancorp from a "market perform" rating to an "outperform" rating and boosted their price objective for the stock from $72.00 to $77.00 in a research note on Thursday, July 9th. Finally, Weiss Ratings upgraded shares of Bancorp from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Bancorp currently has a consensus rating of "Moderate Buy" and an average price target of $66.50.

Bancorp Stock Up 3.5%

Shares of NASDAQ:TBBK opened at $67.07 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $61.11 and a two-hundred day simple moving average of $59.38. The Bancorp, Inc. has a 12-month low of $50.20 and a 12-month high of $81.65. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 12.61 and a beta of 1.19.

Bancorp (NASDAQ:TBBK - Get Free Report) last released its earnings results on Thursday, July 30th. The bank reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.09. Bancorp had a return on equity of 32.14% and a net margin of 26.92%.The firm had revenue of $137.74 million for the quarter, compared to analysts' expectations 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. On average, research analysts anticipate that The Bancorp, Inc. will post 6 earnings per share for the current fiscal year.

More Bancorp News

Here are the key news stories impacting Bancorp this week:

• Positive Sentiment: Q2 earnings beat expectations: The Bancorp reported diluted EPS of $1.45, up 14.2% from $1.27 a year earlier and above the $1.36 analyst consensus. Net income rose to $60.7 million from $59.8 million. The Bancorp Q2 earnings beat article
• Positive Sentiment: Fintech growth remained strong: Gross dollar volume for prepaid, debit and credit cards increased 22.5% year over year to $53.45 billion. Average deposits rose 4.4% to $8.41 billion, while management cited continued growth in loans and fintech fees, along with improved credit and cost efficiency. The Bancorp Q2 results press release
• Positive Sentiment: Full-year outlook improved: Fiscal 2026 EPS guidance was raised to $5.95-$6.05 from an analyst consensus of $5.92. The company also maintained its 2027 EPS outlook of $8.10-$8.30 and repurchased $50 million of stock during the quarter.
• Neutral Sentiment: Strong profitability metrics: Return on equity increased to 34.7% from 28.4% a year earlier, although return on assets declined to 2.51% from 2.64%. Management discussed the results and outlook during the earnings call. The Bancorp Q2 earnings call transcript
• Negative Sentiment: Revenue missed estimates: Quarterly revenue was $137.74 million, below the $166.69 million analyst forecast, which may limit enthusiasm despite the EPS beat.
• Negative Sentiment: Margin pressure and cautious near-term guidance: Net interest margin declined to 3.85% from 4.44% year over year. Fourth-quarter EPS guidance of $1.65-$1.75 has a midpoint below the $1.75 consensus estimate.

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.

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