Bancorp (NASDAQ:TBBK) Updates FY 2027 Earnings Guidance

Bancorp (NASDAQ:TBBK) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 8.100-8.300 for the period, compared to the consensus estimate of 8.110. The company issued revenue guidance of -. Bancorp also updated its FY 2026 guidance to 5.900-5.900 EPS.

Bancorp Price Performance

TBBK traded up $0.30 on Thursday, reaching $60.47. The stock had a trading volume of 433,670 shares, compared to its average volume of 586,959. Bancorp has a fifty-two week low of $46.51 and a fifty-two week high of $81.65. The company has a current ratio of 0.88, a quick ratio of 0.86 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $2.53 billion, a price-to-earnings ratio of 12.29 and a beta of 1.28. The firm has a 50-day moving average of $55.81 and a 200-day moving average of $63.70.

Bancorp (NASDAQ:TBBK) last posted its quarterly earnings results on Thursday, April 23rd. The bank reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.06. Bancorp had a net margin of 25.94% and a return on equity of 28.91%. As a group, sell-side analysts anticipate that Bancorp will post 5.93 EPS for the current year.

Analyst Upgrades and Downgrades

TBBK has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Bancorp in a research note on Friday, March 27th. Wolfe Research set a $57.00 price objective on Bancorp in a research note on Monday, February 9th. Royal Bank Of Canada reissued an “outperform” rating and issued a $57.00 price objective on shares of Bancorp in a research note on Wednesday, January 21st. Wall Street Zen cut Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. Finally, Zacks Research raised Bancorp from a “strong sell” rating to a “hold” rating in a research note on Friday, April 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.50.

Insider Transactions at Bancorp

In related news, Director Matthew Cohn bought 680 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were bought at an average price of $62.14 per share, for a total transaction of $42,255.20. Following the completion of the acquisition, the director directly owned 3,655 shares of the company’s stock, valued at $227,121.70. This trade represents a 22.86% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ryan Harris sold 4,500 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $53.18, for a total value of $239,310.00. Following the completion of the transaction, the executive vice president owned 150,516 shares in the company, valued at $8,004,440.88. This represents a 2.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders bought 9,080 shares of company stock worth $548,933. 5.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Lazard Asset Management LLC bought a new position in shares of Bancorp in the second quarter valued at approximately $53,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Bancorp by 732.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 749 shares of the bank’s stock worth $56,000 after purchasing an additional 659 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in Bancorp during the fourth quarter worth about $68,000. Captrust Financial Advisors purchased a new position in Bancorp during the second quarter worth about $202,000. Finally, Twinbeech Capital LP purchased a new position in Bancorp during the fourth quarter worth about $205,000. Institutional investors own 96.22% of the company’s stock.

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.