NASDAQ:TBBKBancorp Stock Price, Forecast & News

Bancorp's stock was trading at $8.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TBBK stock has decreased by 6.9% and is now trading at $8.29. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancorp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bancorp.

Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Bancorp.

Bancorp Inc (NASDAQ:TBBK) released its earnings results on Thursday, April, 30th. The bank reported $0.23 EPS for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.02. The bank earned $59.51 million during the quarter, compared to analysts' expectations of $62.16 million. Bancorp had a return on equity of 11.76% and a net margin of 16.64%. View Bancorp's earnings history.

2 Wall Street analysts have issued 12-month price objectives for Bancorp's stock. Their forecasts range from $12.00 to $12.00. On average, they anticipate Bancorp's stock price to reach $12.00 in the next year. This suggests a possible upside of 44.8% from the stock's current price. View analysts' price targets for Bancorp.

News articles about TBBK stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Bancorp earned a news sentiment score of -3.5 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the near future. View the latest news aboutBancorp.

Bancorp saw a increase in short interest in May. As of May 15th, there was short interest totaling 836,400 shares, an increase of 27.6% from the April 30th total of 655,600 shares. Based on an average trading volume of 454,900 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.6% of the shares of the company are short sold. View Bancorp's Current Options Chain.

Some companies that are related to Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bancorp investors own include NVIDIA (NVDA), Visa (V), Verizon Communications (VZ), Boeing (BA), Mastercard (MA), Pure Storage (PSTG), QUALCOMM (QCOM), Altria Group (MO), Paypal (PYPL) and Ring Energy (REI).

Bancorp trades on the NASDAQ under the ticker symbol "TBBK."

Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (8.24%), BlackRock Inc. (7.59%), Fuller & Thaler Asset Management Inc. (3.97%), Lord Abbett & CO. LLC (2.74%), State Street Corp (2.03%) and Nuveen Asset Management LLC (1.45%). Company insiders that own Bancorp stock include Bradley D Owens, Damian Kozlowski, Daniel G Cohen, Daniela Mielke, Dianne Bjork, Joseph Hugh Mcfadden, Matthew Cohn, Ron J Wechsler and Stephanie B Mudick. View institutional ownership trends for Bancorp.

TBBK stock was sold by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, JPMorgan Chase & Co., Squarepoint Ops LLC, AQR Capital Management LLC, Wellington Management Group LLP, Fuller & Thaler Asset Management Inc., American International Group Inc., and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have sold Bancorp company stock in the last year include Bradley D Owens, Daniel G Cohen, and Ron J Wechsler. View insider buying and selling activity for Bancorp.

TBBK stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Frontier Capital Management Co. LLC, Two Sigma Advisers LP, Chicago Equity Partners LLC, Invesco Ltd., BNP Paribas Arbitrage SA, Ziegler Capital Management LLC, and Wedge Capital Management L L P NC. Company insiders that have bought Bancorp stock in the last two years include Damian Kozlowski, Daniela Mielke, Dianne Bjork, Joseph Hugh Mcfadden, Matthew Cohn, and Stephanie B Mudick. View insider buying and selling activity for Bancorp.

Shares of TBBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TBBK stock can currently be purchased for approximately $8.29.

Bancorp has a market capitalization of $476.06 million and generates $283.70 million in revenue each year. The bank earns $51.56 million in net income (profit) each year or $1.06 on an earnings per share basis. Bancorp employs 589 workers across the globe.

The official website for Bancorp is www.thebancorp.com.

Bancorp's mailing address is 409 SILVERSIDE ROAD, WILMINGTON DE, 19809. The bank can be reached via phone at 302-385-5000 or via email at [email protected]