Bancorp - TBBK Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bancorp in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TBBK shares.
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2 brokers have issued twelve-month price targets for Bancorp's stock. Their TBBK share price forecasts range from $32.00 to $38.00. On average, they expect the company's share price to reach $35.00 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
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Bancorp's stock was trading at $28.38 at the start of the year. Since then, TBBK shares have decreased by 0.1% and is now trading at $28.34.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our TBBK earnings forecast.

The Bancorp, Inc. (NASDAQ:TBBK) announced its quarterly earnings results on Wednesday, October, 27th. The bank reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.05. The bank earned $77.48 million during the quarter, compared to the consensus estimate of $79.41 million. Bancorp had a trailing twelve-month return on equity of 19.53% and a net margin of 31.45%. During the same period in the prior year, the firm posted $0.40 earnings per share.

ETFs with the largest weight of Bancorp (NASDAQ:TBBK) stock in their portfolio include 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), iShares S&P Small-Cap 600 Growth ETF (IJT) and SPDR S&P 600 Small Cap Growth ETF (SLYG).

Bancorp issued an update on its FY 2023 earnings guidance on Thursday, January, 26th. The company provided earnings per share (EPS) guidance of $3.20-$3.20 for the period, compared to the consensus earnings per share estimate of $3.21. 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 institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.59%), American Century Companies Inc. (2.87%), Fuller & Thaler Asset Management Inc. (2.65%), Brown Advisory Inc. (2.09%), Geode Capital Management LLC (1.87%) and Principal Financial Group Inc. (1.63%). Insiders that own company stock include Cheryl Creuzot, Damian Kozlowski, Daniel G Cohen, Daniela Mielke, Dianne Bjork, Erika R Caesar, James J Mcentee III, 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 $28.34.

Bancorp (NASDAQ:TBBK) has a market capitalization of $1.58 billion and generates $413.98 million in revenue each year. The bank earns $130.21 million in net income (profit) each year or $2.28 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.