NASDAQ:TBBK - Bancorp 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 35.2% and is now trading at $5.77. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancorp in the last year. There are currently 1 buy rating 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, April 23rd 2020. View our earnings forecast for Bancorp.

Bancorp Inc (NASDAQ:TBBK) announced its quarterly earnings data on Thursday, January, 30th. The bank reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.17. The bank had revenue of $55.68 million for the quarter, compared to the consensus estimate of $57.55 million. Bancorp had a net margin of 18.17% and a return on equity of 13.07%. View Bancorp's earnings history.

Headlines about TBBK stock have trended negative on Sunday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Bancorp earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutBancorp.

Bancorp saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 903,000 shares, an increase of 22.1% from the February 27th total of 739,400 shares. Based on an average trading volume of 351,500 shares, the short-interest ratio is presently 2.6 days. Currently, 1.8% 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), M&T Bank (MTB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bancorp investors own include Visa (V), Verizon Communications (VZ), Wix.Com (WIX), Altria Group (MO), Twitter (TWTR), Huntington Bancshares (HBAN), Paypal (PYPL), Sirius XM (SIRI), Sonos (SONO) and Xilinx (XLNX).

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

Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include State Street Corp (2.11%), Kennedy Capital Management Inc. (1.63%), Emerald Mutual Fund Advisers Trust (1.45%), Renaissance Technologies LLC (1.42%), Geode Capital Management LLC (1.32%) and Nuveen Asset Management LLC (1.32%). Company insiders that own Bancorp stock include Bradley D Owens, Damian Kozlowski, Daniel G Cohen, Daniela Mielke, 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, Rutabaga Capital Management LLC MA, Bank of New York Mellon Corp, Emerald Mutual Fund Advisers Trust, Oxford Asset Management LLP, Mackay Shields LLC, Stifel Financial Corp, and Bank of America Corp DE. 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 acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Prudential Financial Inc., EAM Global Investors LLC, Goldman Sachs Group Inc., EAM Investors LLC, California Public Employees Retirement System, Cubist Systematic Strategies 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, 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 $5.77.

Bancorp has a market capitalization of $331.20 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. View additional information about Bancorp.

The official website for Bancorp is http://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]