The Bancorp, Inc. (NASDAQ:TBBK) Given Average Recommendation of “Moderate Buy” by Brokerages

The Bancorp, Inc. (NASDAQ:TBBK) has been given a consensus rating of “Moderate Buy” by the seven analysts that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $71.1667.

A number of brokerages recently issued reports on TBBK. Piper Sandler reissued an “overweight” rating and issued a $86.00 price objective (up from $70.00) on shares of Bancorp in a report on Monday, August 3rd. Bank of America reissued a “buy” rating on shares of Bancorp in a report on Monday, July 20th. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $79.00 target price (up from $77.00) on shares of Bancorp in a research note on Monday, August 3rd. Weiss Ratings raised Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. Finally, Raymond James Financial set a $88.00 target price on Bancorp in a research report on Friday, August 7th.

Bancorp Price Performance

Shares of NASDAQ TBBK opened at $66.87 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.88 and a quick ratio of 0.87. Bancorp has a 12 month low of $50.20 and a 12 month high of $81.65. The firm’s 50 day simple moving average is $67.09 and its 200-day simple moving average is $59.95. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 12.57 and a beta of 1.18.

Bancorp (NASDAQ:TBBK) last posted its quarterly earnings data on Thursday, July 30th. The bank reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.09. Bancorp had a return on equity of 32.32% and a net margin of 27.72%.The business had revenue of $137.74 million during the quarter, compared to analysts’ expectations 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. Analysts expect that Bancorp will post 6.02 EPS for the current year.

Insider Activity

In related news, CAO Martin Egan sold 3,057 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $72.03, for a total value of $220,195.71. Following the completion of the sale, the chief accounting officer directly owned 30,219 shares in the company, valued at approximately $2,176,674.57. The trade was a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 6.00% of the company’s stock.

Institutional Investors Weigh In On Bancorp

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE boosted its position in Bancorp by 104.5% in the 1st quarter. Bank of America Corp DE now owns 426,613 shares of the bank’s stock valued at $22,922,000 after buying an additional 218,038 shares during the last quarter. Kendall Capital Management acquired a new stake in shares of Bancorp in the second quarter valued at approximately $1,014,000. Principal Financial Group Inc. raised its stake in shares of Bancorp by 8.3% during the first quarter. Principal Financial Group Inc. now owns 352,786 shares of the bank’s stock valued at $18,955,000 after purchasing an additional 27,058 shares in the last quarter. Edgestream Partners L.P. bought a new stake in Bancorp during the first quarter worth approximately $3,592,000. Finally, Sei Investments Co. lifted its holdings in Bancorp by 71.8% in the 1st quarter. Sei Investments Co. now owns 63,715 shares of the bank’s stock valued at $3,423,000 after acquiring an additional 26,618 shares during the last quarter. Hedge funds and other institutional investors own 96.22% of the company’s stock.

Bancorp Company Profile

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.