Bancorp Stock Forecast, Price & 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 increased by 6.0% and is now trading at $9.43.
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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, October 22nd 2020.
View our earnings forecast for Bancorp.

Bancorp Inc (NASDAQ:TBBK) issued its quarterly earnings results on Thursday, July, 30th. The bank reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.07. The bank earned $70.61 million during the quarter, compared to the consensus estimate of $62.46 million. Bancorp had a net margin of 19.19% and a return on equity of 13.07%.
View Bancorp's earnings history.

2 analysts have issued 12-month price objectives for Bancorp's shares. Their forecasts range from $12.00 to $12.00. On average, they expect Bancorp's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 27.3% from the stock's current price.
View analysts' price targets for Bancorp.

Bancorp saw a decline in short interest in the month of August. As of August 14th, there was short interest totaling 909,100 shares, a decline of 26.7% from the July 30th total of 1,240,000 shares. Based on an average daily volume of 392,300 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.8% of the shares of the stock are sold short.
View Bancorp's Short Interest.

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), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Signature Bank (SBNY), Prosperity Bancshares (PB) and Cullen/Frost Bankers (CFR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Bancorp investors own include NVIDIA (NVDA), Pure Storage (PSTG), QUALCOMM (QCOM), Boeing (BA), Vista Outdoor (VSTO), Mastercard (MA), Overstock.com (OSTK), Taiwan Semiconductor Mfg. (TSM), Twilio (TWLO) and Visa (V).

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

Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Frontier Capital Management Co. LLC (8.57%), Vanguard Group Inc. (4.81%), Nantahala Capital Management LLC (4.56%), Rutabaga Capital Management LLC MA (2.05%), Nuveen Asset Management LLC (1.75%) and Goldman Sachs Group Inc. (1.62%). Company insiders that own Bancorp stock include Bradley D Owens, Damian Kozlowski, Daniel G Cohen, Daniela Mielke, Dianne Bjork, John C Chrystal, 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 AQR Capital Management LLC, Emerald Mutual Fund Advisers Trust, Thompson Siegel & Walmsley LLC, Mackay Shields LLC, Nantahala Capital Management LLC, Strs Ohio, Two Sigma Advisers LP, and 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, John C Chrystal, 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 Parian Global Management LP, Vanguard Group Inc., Ancora Advisors LLC, Frontier Capital Management Co. LLC, Nuveen Asset Management LLC, Bank of Montreal Can, Goldman Sachs Group Inc., and Rutabaga Capital Management LLC MA. 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 $9.43.

Bancorp has a market capitalization of $543.08 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]