The Bancorp, Inc. $TBBK Shares Acquired by Congress Asset Management Co.

Key Points

• Congress Asset Management increased its Bancorp stake by 21.3% in the third quarter, acquiring 61,054 additional shares and bringing its holdings to 347,585 shares worth approximately $16.74 million. Institutional investors and hedge funds collectively own 96.22% of the company.
• Bancorp reported quarterly earnings of $1.45 per share, exceeding analyst expectations of $1.36, though revenue of $137.74 million fell short of the $166.69 million consensus estimate. Management guided to fiscal 2026 EPS of $5.95–$6.05.
• Analysts maintain a generally positive view, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $69.33. Shares recently traded at $48.44, while a company executive sold 3,057 shares at an average price of $72.03.

Congress Asset Management Co. boosted its position in The Bancorp, Inc. (NASDAQ:TBBK - Free Report) by 21.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 347,585 shares of the bank's stock after buying an additional 61,054 shares during the quarter. Congress Asset Management Co. owned approximately 0.85% of Bancorp worth $16,740,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Squarepoint Ops LLC lifted its stake in Bancorp by 1,000.0% in the second quarter. Squarepoint Ops LLC now owns 54,934 shares of the bank's stock valued at $3,441,000 after acquiring an additional 49,940 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Bancorp by 104.5% in the first quarter. Bank of America Corp DE now owns 426,613 shares of the bank's stock valued at $22,922,000 after buying an additional 218,038 shares during the last quarter. Kendall Capital Management acquired a new position in shares of Bancorp during the 2nd quarter worth approximately $1,014,000. Principal Financial Group Inc. raised its stake in Bancorp by 8.3% in the 1st quarter. Principal Financial Group Inc. now owns 352,786 shares of the bank's stock valued at $18,955,000 after acquiring an additional 27,058 shares during the period. Finally, Edgestream Partners L.P. acquired a new stake in Bancorp during the 1st quarter valued at $3,592,000. Institutional investors and hedge funds own 96.22% of the company's stock.

Bancorp Trading Up 0.2%

Shares of Bancorp stock opened at $48.44 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.30. The Bancorp, Inc. has a 12-month low of $47.01 and a 12-month high of $81.65. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 9.11 and a beta of 1.25. The firm's 50-day moving average price is $60.56 and its two-hundred day moving average price is $59.38.

Bancorp (NASDAQ:TBBK - Get Free Report) last issued its earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.36 by $0.09. Bancorp had a return on equity of 32.32% and a net margin of 27.72%.The firm had revenue of $137.74 million for the quarter, compared to the consensus estimate 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, analysts forecast that The Bancorp, Inc. will post 5.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reissued an "outperform" rating and issued a $79.00 price objective (up from $77.00) on shares of Bancorp in a research report on Monday, August 3rd. Piper Sandler reissued an "overweight" rating and issued a $75.00 price target (down from $86.00) on shares of Bancorp in a report on Thursday, September 17th. Weiss Ratings cut Bancorp from a "hold (c+)" rating to a "hold (c)" rating in a report on Monday, September 14th. Bank of America reaffirmed a "buy" rating on shares of Bancorp in a research report on Monday, July 20th. Finally, Raymond James Financial set a $88.00 price target on Bancorp in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $69.33.

Insider Buying and Selling at Bancorp

In related news, CAO Martin Egan sold 3,057 shares of the firm's stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $72.03, for a total value of $220,195.71. Following the completion of the transaction, the chief accounting officer owned 30,219 shares in the company, valued at $2,176,674.57. This trade represents a 9.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.00% of the stock is currently owned by company insiders.

About Bancorp

The Bancorp, Inc NASDAQ: TBBK is a financial technology and specialty banking company headquartered in Wilmington, Delaware. Through its subsidiary, The Bancorp Bank, National Association, the company provides banking and payment services primarily to financial technology companies, businesses, institutional clients and consumers.

The company's offerings include payment acceptance and processing, card issuance and management, automated clearing house (ACH) services, prepaid and debit card programs, and deposit accounts.

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