Bancorp (TBBK) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancorp in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TBBK shares.
View TBBK analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued twelve-month target prices for Bancorp's stock. Their TBBK share price forecasts range from $38.00 to $40.00. On average, they anticipate the company's stock price to reach $39.00 in the next year. This suggests a possible upside of 17.0% from the stock's current price.
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Bancorp's stock was trading at $28.38 on January 1st, 2023. Since then, TBBK shares have increased by 17.4% and is now trading at $33.32.
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Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,490,000 shares, an increase of 24.5% from the April 30th total of 2,000,000 shares. Based on an average daily volume of 424,200 shares, the days-to-cover ratio is presently 5.9 days. Currently, 4.8% of the company's stock are short sold.
View Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our TBBK earnings forecast.

The Bancorp, Inc. (NASDAQ:TBBK) announced its quarterly earnings data on Wednesday, October, 27th. The bank reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.05. The bank earned $77.48 million during the quarter, compared to analyst estimates of $79.41 million. Bancorp had a net margin of 31.06% and a trailing twelve-month return on equity of 21.96%. During the same period last year, the company posted $0.40 earnings per share.

ETFs with the largest weight of Bancorp (NASDAQ:TBBK) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), Roundhill Acquirers Deep Value ETF (DEEP), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), SPDR S&P Regional Banking ETF (KRE) and iShares Micro-Cap ETF (IWC).

Bancorp issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $3.60-$3.60 for the period, compared to the consensus EPS estimate of $3.31. The company issued revenue guidance of -.

16 employees have rated Bancorp Chief Executive Officer Damian Kozlowski on Glassdoor.com. Damian Kozlowski has an approval rating of 45% among the company's employees. This puts Damian Kozlowski in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Twilio (TWLO), Visa (V) and Verizon Communications (VZ).

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 BlackRock Inc. (14.78%), FMR LLC (9.03%), Dimensional Fund Advisors LP (4.66%), State Street Corp (4.09%), Frontier Capital Management Co. LLC (3.91%) and Brown Advisory Inc. (2.68%). Insiders that own company stock include Cheryl Creuzot, Damian Kozlowski, Daniel G Cohen, Daniela Mielke, Erika R Caesar, James J Mcentee III, Jennifer F Terry, John C Chrystal, John Leto, Matthew Cohn, Michael J Bradley, Olek Derowe and Walter T Beach.
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Shares of TBBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TBBK stock can currently be purchased for approximately $33.32.

Bancorp (NASDAQ:TBBK) has a market capitalization of $1.82 billion and generates $413.98 million in revenue each year. The bank earns $130.21 million in net income (profit) each year or $2.66 on an earnings per share basis.

The company employs 650 workers across the globe.

Bancorp's mailing address is 409 SILVERSIDE ROAD, WILMINGTON DE, 19809. The official website for the company is www.thebancorp.com. The bank can be reached via phone at (302) 385-5000, via email at investorrelations@thebancorp.com, or via fax at 302-385-5194.