Bancorp (NASDAQ:TBBK) Sets New 1-Year Low – Time to Sell?

The Bancorp, Inc. (NASDAQ:TBBK)’s share price hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $48.30 and last traded at $48.34, with a volume of 82998 shares. The stock had previously closed at $49.16.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TBBK shares. Weiss Ratings cut Bancorp from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 14th. Bank of America restated a “buy” rating on shares of Bancorp in a report on Monday, July 20th. Raymond James Financial set a $88.00 price target on Bancorp in a research report on Friday, August 7th. Piper Sandler reaffirmed an “overweight” rating and issued a $75.00 price objective (down from $86.00) on shares of Bancorp in a report on Thursday, September 17th. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $79.00 price target (up from $77.00) on shares of Bancorp in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $69.33.

Bancorp Price Performance

The stock has a market cap of $1.96 billion, a PE ratio of 9.05 and a beta of 1.18. The stock’s fifty day moving average is $62.05 and its 200-day moving average is $59.50. 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 (NASDAQ:TBBK) last issued its earnings results on Thursday, July 30th. The bank reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.09. The company 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. As a group, equities analysts anticipate that The Bancorp, Inc. will post 5.97 EPS for the current year.

Insider Activity

In related news, CAO Martin Egan sold 3,057 shares of the stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $72.03, for a total transaction of $220,195.71. Following the completion of the transaction, the chief accounting officer owned 30,219 shares of the company’s stock, valued at approximately $2,176,674.57. This trade represents a 9.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 6.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Brown Advisory Inc. grew its stake in shares of Bancorp by 8.5% in the fourth quarter. Brown Advisory Inc. now owns 905,876 shares of the bank’s stock valued at $61,165,000 after buying an additional 71,299 shares in the last quarter. Janus Henderson Group PLC lifted its stake in Bancorp by 19.0% during the 1st quarter. Janus Henderson Group PLC now owns 1,084,992 shares of the bank’s stock worth $58,296,000 after acquiring an additional 172,925 shares in the last quarter. Bank of America Corp DE boosted its holdings in Bancorp by 104.5% during the 1st quarter. Bank of America Corp DE now owns 426,613 shares of the bank’s stock valued at $22,922,000 after acquiring an additional 218,038 shares during the period. Principal Financial Group Inc. boosted its holdings in Bancorp by 8.3% during 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 during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Bancorp in the 1st quarter valued at about $15,063,000. 96.22% of the stock is currently owned by institutional investors and hedge funds.

About Bancorp

The Bancorp, Inc is a financial holding company headquartered in Wilmington, Delaware. Through its principal subsidiary, The Bancorp Bank, National Association, the company provides banking and payment solutions primarily to financial technology companies, non-bank businesses and institutional clients.

The company’s services include sponsor banking, deposit accounts, payment cards, automated clearing house (ACH) processing, prepaid and commercial card programs, merchant services, and other payment-processing capabilities.