The Bancorp, Inc. $TBBK Stake Increased by Janus Henderson Group PLC

Key Points

• Janus Henderson increased its Bancorp stake by 19% in the first quarter, purchasing 172,925 additional shares for a total holding of 1.08 million shares, or approximately 2.61% of the company. Institutional investors collectively own 96.22% of TBBK.
• Bancorp reported quarterly EPS of $1.45, ahead of the $1.36 consensus estimate, although revenue of $137.74 million fell short of the $166.69 million forecast. The company posted a 32.14% return on equity and issued 2026 EPS guidance of $5.95–$6.05.
• Analyst sentiment is broadly positive, with the stock receiving a “Moderate Buy” consensus rating and an average price target of $66.50. Shares opened at $67.07, while recent targets range as high as $82.

Janus Henderson Group PLC lifted its holdings in The Bancorp, Inc. (NASDAQ:TBBK - Free Report) by 19.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,084,992 shares of the bank's stock after buying an additional 172,925 shares during the period. Janus Henderson Group PLC owned about 2.61% of Bancorp worth $58,296,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of TBBK. Osaic Holdings Inc. lifted its stake in Bancorp by 3.7% in the 2nd quarter. Osaic Holdings Inc. now owns 5,586 shares of the bank's stock worth $318,000 after acquiring an additional 197 shares in the last quarter. California State Teachers Retirement System boosted its position in Bancorp by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 42,929 shares of the bank's stock worth $2,446,000 after acquiring an additional 253 shares during the period. Janney Montgomery Scott LLC grew its stake in Bancorp by 4.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,856 shares of the bank's stock valued at $368,000 after acquiring an additional 267 shares in the last quarter. Cerity Partners LLC grew its stake in Bancorp by 1.1% during the 4th quarter. Cerity Partners LLC now owns 27,518 shares of the bank's stock valued at $1,858,000 after acquiring an additional 309 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Bancorp in the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 96.22% of the company's stock.

Bancorp Stock Performance

Shares of TBBK stock opened at $67.07 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.88. The Bancorp, Inc. has a fifty-two week low of $50.20 and a fifty-two week high of $81.65. The stock's 50-day moving average is $61.11 and its two-hundred day moving average is $59.38. The firm has a market cap of $2.79 billion, a P/E ratio of 12.61 and a beta of 1.19.

Bancorp (NASDAQ:TBBK - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.36 by $0.09. The company had revenue of $137.74 million during the quarter, compared to the consensus estimate of $166.69 million. Bancorp had a return on equity of 32.14% and a net margin of 26.92%.Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. Analysts predict that The Bancorp, Inc. will post 6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on TBBK. Keefe, Bruyette & Woods raised shares of Bancorp from a "market perform" rating to an "outperform" rating and increased their price target for the stock from $72.00 to $77.00 in a research report on Thursday, July 9th. Weiss Ratings raised shares of Bancorp from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, June 30th. 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 reiterated a "buy" rating on shares of Bancorp in a research report on Monday, July 20th. Finally, Raymond James Financial reissued a "strong-buy" rating and set a $82.00 target price on shares of Bancorp in a research note on Friday. One investment 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. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $66.50.

Key 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.

Bancorp Company Profile

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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