Martin Egan Sells 3,057 Shares of Bancorp (NASDAQ:TBBK) Stock

Key Points

• Insider sale: Bancorp CAO Martin Egan sold 3,057 shares at an average of $72.03, totaling $220,195.71, reducing his stake by 9.19% to 30,219 shares.
• Quarterly results: Bancorp reported quarterly EPS of $1.45, beating estimates of $1.36, while revenue of $137.74 million fell short of the $166.69 million consensus forecast. The company guided to 2026 EPS of $5.95–$6.05.
• Market and analyst view: Shares fell 1.4% to $70.74, while analysts maintained a generally positive outlook, giving the stock a “Moderate Buy” consensus rating and an average price target of $70.17. Institutional investors own 96.22% of the company.

The Bancorp, Inc. (NASDAQ:TBBK - Get Free Report) CAO Martin Egan sold 3,057 shares of Bancorp stock in a transaction dated 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 sale, the chief accounting officer owned 30,219 shares of the company's stock, valued at $2,176,674.57. This trade represents a 9.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Bancorp Trading Down 1.4%

Shares of NASDAQ TBBK traded down $1.00 during midday trading on Thursday, hitting $70.74. The stock had a trading volume of 402,627 shares, compared to its average volume of 523,097. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 13.30 and a beta of 1.19. The Bancorp, Inc. has a 1-year low of $50.20 and a 1-year high of $81.65. 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 company has a fifty day moving average price of $62.07 and a 200 day moving average price of $59.35.

Bancorp (NASDAQ:TBBK - Get Free Report) last posted its earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.36 by $0.09. The business had revenue of $137.74 million during the quarter, compared to analyst estimates of $166.69 million. Bancorp had a return on equity of 32.32% and a net margin of 32.91%.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 predict that The Bancorp, Inc. will post 6.02 earnings per share for the current year.

Hedge Funds Weigh In On Bancorp

A number of hedge funds have recently added to or reduced their stakes in the business. Hilton Head Capital Partners LLC bought a new position in shares of Bancorp in the 4th quarter worth about $27,000. Lazard Asset Management LLC acquired a new position in shares of Bancorp in the 2nd quarter valued at about $53,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Bancorp by 732.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 749 shares of the bank's stock valued at $56,000 after buying an additional 659 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Bancorp during the 4th quarter valued at about $68,000. Finally, Covestor Ltd raised its stake in Bancorp by 99.9% during the fourth quarter. Covestor Ltd now owns 2,029 shares of the bank's stock worth $137,000 after acquiring an additional 1,014 shares during the period. Institutional investors and hedge funds own 96.22% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on TBBK. Wall Street Zen raised shares of Bancorp from a "sell" rating to a "hold" rating in a report on Saturday, April 25th. Weiss Ratings raised shares of Bancorp from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, June 30th. Raymond James Financial restated a "strong-buy" rating and issued a $82.00 target price on shares of Bancorp in a research note on Friday, July 31st. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and set a $79.00 price target (up from $77.00) on shares of Bancorp in a research report on Monday. Finally, Bank of America reissued a "buy" rating on shares of Bancorp in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Bancorp presently has an average rating of "Moderate Buy" and an average price target of $70.17.

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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