Bancorp (TBBK) to Release Earnings on Thursday

Bancorp (NASDAQ:TBBK) is anticipated to issue its quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $1.22 per share and revenue of $108.88 million for the quarter. Bancorp has set its FY 2025 guidance at 5.250-5.250 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Bancorp (NASDAQ:TBBK) last posted its quarterly earnings results on Thursday, January 30th. The bank reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. Bancorp had a net margin of 30.97% and a return on equity of 27.33%. On average, analysts expect Bancorp to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Bancorp Price Performance

TBBK opened at $45.64 on Thursday. The stock has a fifty day moving average price of $52.66 and a 200 day moving average price of $54.23. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.16. Bancorp has a 1 year low of $29.92 and a 1 year high of $65.84. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 10.61 and a beta of 1.26.

Analyst Ratings Changes

TBBK has been the subject of several recent research reports. Raymond James reissued an “outperform” rating and issued a $67.00 price target (up previously from $60.00) on shares of Bancorp in a research note on Monday, February 3rd. StockNews.com raised shares of Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, March 6th. Piper Sandler raised their price target on shares of Bancorp from $61.00 to $64.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Bancorp from $66.00 to $72.00 and gave the stock an “outperform” rating in a report on Monday, February 3rd.

Bancorp Company Profile

The Bancorp, Inc operates as the bank holding company for The Bancorp Bank, National Association that provides banking products and services in the United States. It offers a range of deposit products and services, including checking, savings, time, money market, and commercial accounts; overdrafts; and certificates of deposit.