The Bancorp, Inc. (NASDAQ:TBBK) Receives Average Rating of “Moderate Buy” from Analysts

Shares of The Bancorp, Inc. (NASDAQ:TBBKGet Free Report) have received an average rating of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $71.1667.

TBBK has been the subject of several research analyst reports. Piper Sandler reiterated an “overweight” rating and set a $86.00 target price (up from $70.00) on shares of Bancorp in a research report on Monday, August 3rd. Weiss Ratings upgraded shares of Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. Bank of America reissued a “buy” rating on shares of Bancorp in a research report on Monday, July 20th. Wall Street Zen raised shares of Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Raymond James Financial set a $88.00 target price on Bancorp in a research note on Friday, August 7th.

Read Our Latest Report on TBBK

Insiders Place Their Bets

In other Bancorp news, CAO Martin Egan sold 3,057 shares of Bancorp stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $72.03, for a total transaction of $220,195.71. Following the completion of the sale, the chief accounting officer directly owned 30,219 shares of the company’s stock, valued at $2,176,674.57. The trade was a 9.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Bancorp

Several large investors have recently modified their holdings of the business. Hilton Head Capital Partners LLC bought a new position in Bancorp in the fourth quarter worth approximately $27,000. Lazard Asset Management LLC purchased a new stake in Bancorp in the second quarter valued at about $53,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Bancorp by 732.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 749 shares of the bank’s stock valued at $56,000 after purchasing an additional 659 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Bancorp in the fourth quarter worth $68,000. Finally, Covestor Ltd lifted its position in Bancorp by 99.9% during the 4th quarter. Covestor Ltd now owns 2,029 shares of the bank’s stock worth $137,000 after acquiring an additional 1,014 shares during the period. Institutional investors own 96.22% of the company’s stock.

Bancorp Stock Performance

Shares of TBBK opened at $68.27 on Tuesday. The business has a 50-day simple moving average of $64.51 and a two-hundred day simple moving average of $59.39. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 12.83 and a beta of 1.19. Bancorp has a 52 week low of $50.20 and a 52 week high of $81.65. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.30.

Bancorp (NASDAQ:TBBKGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.09. The business had revenue of $137.74 million for the quarter, compared to the consensus estimate of $166.69 million. Bancorp had a net margin of 27.72% and a return on equity of 32.32%. Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. On average, analysts expect that Bancorp will post 6.02 EPS for the current year.

Bancorp Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Bancorp (NASDAQ:TBBK)

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