Segall Bryant & Hamill LLC Reduces Holdings in The Bancorp, Inc. $TBBK

Segall Bryant & Hamill LLC lessened its holdings in shares of The Bancorp, Inc. (NASDAQ:TBBK) by 4.9% in the first quarter, Holdings Channel.com reports. The firm owned 163,384 shares of the bank’s stock after selling 8,473 shares during the period. Segall Bryant & Hamill LLC’s holdings in Bancorp were worth $8,779,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of TBBK. Ameriprise Financial Inc. raised its stake in shares of Bancorp by 273.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 621,903 shares of the bank’s stock valued at $46,574,000 after purchasing an additional 455,265 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Bancorp during the 1st quarter valued at $15,063,000. Jupiter Asset Management Ltd. boosted its stake in Bancorp by 148.6% during the fourth quarter. Jupiter Asset Management Ltd. now owns 403,248 shares of the bank’s stock valued at $27,227,000 after buying an additional 241,058 shares during the period. Nantahala Capital Management LLC increased its stake in Bancorp by 25.7% in the 4th quarter. Nantahala Capital Management LLC now owns 1,071,685 shares of the bank’s stock worth $72,360,000 after acquiring an additional 219,351 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Bancorp by 104.5% during the first quarter. Bank of America Corp DE now owns 426,613 shares of the bank’s stock worth $22,922,000 after purchasing an additional 218,038 shares in the last quarter. 96.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TBBK has been the topic of several research reports. Weiss Ratings upgraded shares of Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. Raymond James Financial restated a “strong-buy” rating and issued a $82.00 price objective on shares of Bancorp in a report on Friday. Keefe, Bruyette & Woods raised Bancorp from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $72.00 to $77.00 in a research note on Thursday, July 9th. Bank of America reaffirmed a “buy” rating on shares of Bancorp in a research note on Monday, July 20th. Finally, Wall Street Zen upgraded shares of Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.50.

Bancorp Stock Performance

NASDAQ TBBK opened at $67.07 on Monday. The stock’s fifty day moving average price is $61.11 and its 200-day moving average price is $59.31. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.30. The stock has a market cap of $2.79 billion, a P/E ratio of 12.61 and a beta of 1.19. The Bancorp, Inc. has a 12 month low of $50.20 and a 12 month high of $81.65.

Bancorp (NASDAQ:TBBK) last issued its earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.09. Bancorp had a net margin of 32.91% and a return on equity of 32.32%. The firm had revenue of $137.74 million for the quarter, compared to the consensus estimate of $166.69 million. Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. As a group, equities analysts forecast that The Bancorp, Inc. will post 6 EPS for the current fiscal year.

Key Stories Impacting Bancorp

Here are the key news stories impacting Bancorp this week:

• Positive Sentiment: Q2 earnings beat expectations: The Bancorp reported diluted EPS of $1.45, up 14.2% from $1.27 a year earlier and above the $1.36 analyst consensus. Net income rose to $60.7 million from $59.8 million. The Bancorp Q2 earnings beat article
• Positive Sentiment: Fintech growth remained strong: Gross dollar volume for prepaid, debit and credit cards increased 22.5% year over year to $53.45 billion. Average deposits rose 4.4% to $8.41 billion, while management cited continued growth in loans and fintech fees, along with improved credit and cost efficiency. The Bancorp Q2 results press release
• Positive Sentiment: Full-year outlook improved: Fiscal 2026 EPS guidance was raised to $5.95-$6.05 from an analyst consensus of $5.92. The company also maintained its 2027 EPS outlook of $8.10-$8.30 and repurchased $50 million of stock during the quarter.
• Neutral Sentiment: Strong profitability metrics: Return on equity increased to 34.7% from 28.4% a year earlier, although return on assets declined to 2.51% from 2.64%. Management discussed the results and outlook during the earnings call. The Bancorp Q2 earnings call transcript
• Negative Sentiment: Revenue missed estimates: Quarterly revenue was $137.74 million, below the $166.69 million analyst forecast, which may limit enthusiasm despite the EPS beat.
• Negative Sentiment: Margin pressure and cautious near-term guidance: Net interest margin declined to 3.85% from 4.44% year over year. Fourth-quarter EPS guidance of $1.65-$1.75 has a midpoint below the $1.75 consensus estimate.

About Bancorp

The Bancorp, Inc (NASDAQ: TBBK) is a Delaware-chartered bank holding company that provides a range of banking and financial services to individuals, businesses, and financial institutions across the United States. Through its subsidiary, The Bancorp Bank, the company offers FDIC-insured deposit accounts, cash management solutions and specialized lending products. Its business model focuses on partnering with fintech firms, asset managers and payment processors to deliver integrated banking-as-a-service (BaaS) capabilities.

The company’s product suite includes interest-bearing and non-interest-bearing checking accounts, money market accounts, certificates of deposit and debit and credit card services.