Janus Henderson Group PLC Acquires 172,925 Shares of The Bancorp, Inc. $TBBK

Janus Henderson Group PLC lifted its holdings in The Bancorp, Inc. (NASDAQ:TBBK) by 19.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,084,992 shares of the bank’s stock after purchasing an additional 172,925 shares during the period. Janus Henderson Group PLC’s holdings in Bancorp were worth $58,296,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Hennessy Advisors Inc. lifted its position in shares of Bancorp by 33.3% in the fourth quarter. Hennessy Advisors Inc. now owns 40,000 shares of the bank’s stock worth $2,701,000 after buying an additional 10,000 shares during the last quarter. BW Gestao de Investimentos Ltda. bought a new stake in shares of Bancorp during the 4th quarter worth about $7,427,000. Jupiter Asset Management Ltd. increased its holdings in shares of Bancorp by 148.6% during the 4th quarter. Jupiter Asset Management Ltd. now owns 403,248 shares of the bank’s stock valued at $27,227,000 after acquiring an additional 241,058 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Bancorp by 479.2% during the 1st quarter. SG Americas Securities LLC now owns 84,465 shares of the bank’s stock valued at $4,538,000 after acquiring an additional 69,881 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Bancorp by 8.3% in the 1st quarter. Principal Financial Group Inc. now owns 352,786 shares of the bank’s stock valued at $18,955,000 after acquiring an additional 27,058 shares in the last quarter. 96.22% of the stock is currently owned by institutional investors.

Bancorp Trading Up 3.5%

Shares of NASDAQ:TBBK opened at $67.07 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 0.89. The stock’s 50-day moving average is $61.11 and its 200-day moving average is $59.38. The company 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 52-week low of $50.20 and a 52-week high of $81.65.

Bancorp (NASDAQ:TBBK) last posted its quarterly earnings data on Thursday, July 30th. The bank reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.09. Bancorp had a return on equity of 32.14% and a net margin of 26.92%.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. Equities research analysts predict that The Bancorp, Inc. will post 6 earnings per share for the current year.

Analyst Ratings Changes

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

Key Headlines 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.