The Bancorp, Inc. $TBBK Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its holdings in shares of The Bancorp, Inc. (NASDAQ:TBBK) by 71.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,715 shares of the bank’s stock after buying an additional 26,618 shares during the period. Sei Investments Co. owned about 0.15% of Bancorp worth $3,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in TBBK. Royal Bank of Canada increased its holdings in Bancorp by 98.2% in the 1st quarter. Royal Bank of Canada now owns 76,696 shares of the bank’s stock worth $4,052,000 after acquiring an additional 37,993 shares in the last quarter. AQR Capital Management LLC raised its position in Bancorp by 15.9% during the first quarter. AQR Capital Management LLC now owns 16,734 shares of the bank’s stock worth $884,000 after acquiring an additional 2,296 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Bancorp by 1.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,183 shares of the bank’s stock worth $1,436,000 after acquiring an additional 518 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Bancorp by 6.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 147,523 shares of the bank’s stock valued at $7,795,000 after purchasing an additional 8,454 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in Bancorp by 145.8% during the first quarter. Jane Street Group LLC now owns 128,173 shares of the bank’s stock valued at $6,773,000 after purchasing an additional 76,027 shares in the last quarter. Institutional investors and hedge funds own 96.22% of the company’s stock.

Insider Transactions at Bancorp

In other Bancorp news, CAO Martin Egan sold 3,057 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $72.03, for a total value 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. This trade represents a 9.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on TBBK shares. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $79.00 target price (up from $77.00) on shares of Bancorp in a research note on Monday. Bank of America reaffirmed a “buy” rating on shares of Bancorp in a research note on Monday, July 20th. Wall Street Zen upgraded Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Raymond James Financial reiterated a “strong-buy” rating and issued a $82.00 price objective on shares of Bancorp in a report on Friday, July 31st. Finally, Piper Sandler reiterated an “overweight” rating and set a $86.00 price objective (up from $70.00) on shares of Bancorp in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $70.17.

Bancorp Trading Down 1.4%

TBBK opened at $70.74 on Friday. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 13.30 and a beta of 1.19. The company’s 50 day simple moving average is $62.38 and its two-hundred day simple moving average is $59.36. The Bancorp, Inc. has a 1-year low of $50.20 and a 1-year high of $81.65. 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 posted its quarterly earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.09. Bancorp had a return on equity of 32.32% and a net margin of 32.91%.The business had revenue of $137.74 million during the quarter, compared to analyst estimates 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. Analysts expect that The Bancorp, Inc. will post 6.02 EPS for the current fiscal year.

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.