NASDAQ:TBBKBancorp Stock Price, Forecast & News

Bancorp's stock was trading at $8.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TBBK stock has decreased by 4.0% and is now trading at $8.54. 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) announced its earnings results on Thursday, April, 30th. The bank reported $0.23 earnings per share (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 analyst estimates of $62.16 million. Bancorp had a net margin of 16.64% and a return on equity of 11.76%. View Bancorp's earnings history.

2 brokers have issued twelve-month price objectives for Bancorp's shares. Their forecasts range from $12.00 to $12.00. On average, they expect Bancorp's stock price to reach $12.00 in the next twelve months. This suggests a possible upside of 40.5% from the stock's current price. View analysts' price targets for Bancorp.

News stories about TBBK stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bancorp earned a news sentiment score of -1.2 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Bancorp.

Bancorp saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 955,400 shares, a decline of 9.9% from the May 31st total of 1,060,000 shares. Based on an average daily volume of 482,100 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.9% of the company's shares 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), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). 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 variety of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.46%), Anderson Hoagland & Co. (0.36%) and Envestnet Asset Management Inc. (0.02%). 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 Wedge Capital Management L L P NC. 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 Anderson Hoagland & Co., and Envestnet Asset Management Inc.. 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 $8.54.

Bancorp has a market capitalization of $491.56 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]