NASDAQ:TBBKBancorp Stock Price, Forecast & News

Bancorp's stock was trading at $8.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TBBK shares have increased by 3.4% and is now trading at $9.20. 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 for the quarter, beating analysts' consensus estimates of $0.21 by $0.02. The bank earned $59.51 million during the quarter, compared to the consensus estimate 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 1-year 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 30.4% from the stock's current price. View analysts' price targets for Bancorp.

Media coverage about TBBK stock has trended very negative recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Bancorp earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Bancorp.

Bancorp saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 955,400 shares, a decrease 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 sold short. 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), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), SVB Financial Group (SIVB), 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."

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 $9.20.

Bancorp has a market capitalization of $529.55 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]