Bancorp (TBBK) Set to Announce Earnings on Thursday

Bancorp (NASDAQ:TBBK) is set to post its quarterly earnings results after the market closes on Thursday, April 26th. Analysts expect Bancorp to post earnings of $0.18 per share for the quarter.

Bancorp (NASDAQ:TBBK) last issued its quarterly earnings results on Thursday, January 25th. The bank reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). Bancorp had a net margin of 10.15% and a return on equity of 7.43%. The business had revenue of $46.84 million for the quarter, compared to analysts’ expectations of $46.29 million. On average, analysts expect Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of TBBK stock opened at $10.93 on Wednesday. Bancorp has a 1-year low of $4.97 and a 1-year high of $11.37. The company has a current ratio of 0.66, a quick ratio of 0.54 and a debt-to-equity ratio of 0.17. The firm has a market cap of $622.78, a PE ratio of 25.18 and a beta of 1.09.

In other Bancorp news, Director Hersh Kozlov sold 5,000 shares of the business’s stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $10.58, for a total value of $52,900.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 11.10% of the company’s stock.

A number of research analysts have recently weighed in on the company. BidaskClub downgraded Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Piper Jaffray reiterated a “hold” rating on shares of Bancorp in a report on Tuesday, February 13th. Zacks Investment Research downgraded Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, December 27th. Sandler O’Neill reiterated a “hold” rating and set a $11.00 price target on shares of Bancorp in a report on Friday, January 12th. Finally, Raymond James upgraded Bancorp from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $11.00 to $13.00 in a report on Friday, January 26th. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $10.40.

WARNING: This news story was posted by Markets Daily and is the property of of Markets Daily. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at

Bancorp Company Profile

The Bancorp, Inc operates as the financial holding company for The Bancorp Bank that provides banking products and services in the United States. The company offers a range of deposit products and services, including checking accounts, savings accounts, money market accounts, commercial accounts, and prepaid and debit cards.

Earnings History for Bancorp (NASDAQ:TBBK)

Receive News & Ratings for Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bancorp and related companies with's FREE daily email newsletter.

Leave a Reply