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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/30/2023 | $38.00 | Outperform | Raymond James |
| 1/12/2022 | $40.00 | Outperform | Keefe Bruyette |
| 11/1/2021 | $30.00 → $38.00 | Strong Buy | Raymond James |
Bancorp's (NYSE:TBBK) short percent of float has risen 4.16% since its last report. The company recently reported that it has 6.40 million shares sold short, which is 15.53% of all regular shares that are available for trading. Based on its trading volume, it would take traders 9.53 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is im
4 - Bancorp, Inc. (0001295401) (Issuer)
4 - Bancorp, Inc. (0001295401) (Issuer)
4 - Bancorp, Inc. (0001295401) (Issuer)
Raymond James initiated coverage of The Bancorp with a rating of Outperform and set a new price target of $38.00
Keefe Bruyette initiated coverage of The Bancorp with a rating of Outperform and set a new price target of $40.00
Raymond James reiterated coverage of The Bancorp with a rating of Strong Buy and set a new price target of $38.00 from $30.00 previously
SC 13G - Bancorp, Inc. (0001295401) (Subject)
SC 13G/A - Bancorp, Inc. (0001295401) (Subject)
SC 13G/A - Bancorp, Inc. (0001295401) (Subject)
The Bancorp, Inc. ("The Bancorp" or the "Company" or "we" or "our") (NASDAQ:TBBK), a financial holding company, today reported its financial results for the third quarter of 2024. Net income for the third quarter of 2024 amounted to $51.5 million. Factors Helpful to Understand Third Quarter Net Income As explained under recent developments below, a new CECL factor was added which increased the provision for credit losses and resulted in an after-tax reduction in net income of $1.5 million. Prior period interest income reversals on real estate bridge loans transferred to nonaccrual or modified, resulted in an after-tax reduction in net income of $1.2 million. A loss resulting from a
The Bancorp, Inc. ("Bancorp") (NASDAQ:TBBK) today announced that it will release its third quarter 2024 financial results after market hours on Thursday, October 24, 2024, and invites investors and other interested parties to listen to its earnings results conference call on Friday, October 25, 2024, at 8:00 a.m. Eastern time. All interested parties can access the live conference call webcast by visiting The Bancorp site at www.thebancorp.com and clicking on the webcast link located on the home page or by dialing 1.800.225.9448, conference code BANCORP. For those who are not available to listen to the live broadcast, the replay will be available following the live call via webcast on Banco
The Bancorp, Inc. ("The Bancorp" "the Company" or "we" or "our") (NASDAQ:TBBK), a financial holding company, today reported financial results for the second quarter of 2024. Recent Developments The Company entered into a purchase and sale agreement for an apartment property acquired by The Bancorp Bank through foreclosure in connection with a real estate bridge lending ("REBL") loan. At June 30, 2024, the related $39.4 million balance, comprised the majority of our other real estate owned. The purchaser made an earnest money deposit of $125,000 in July 2024, with additional required deposits projected to total $500,000 prior to the December 31, 2024, closing deadline. The sales price is
8-K - Bancorp, Inc. (0001295401) (Filer)
144 - Bancorp, Inc. (0001295401) (Subject)
10-Q - Bancorp, Inc. (0001295401) (Filer)
The Bancorp, Inc. ("The Bancorp" or the "Company" or "we" or "our") (NASDAQ:TBBK), a financial holding company, today reported its financial results for the third quarter of 2024. Net income for the third quarter of 2024 amounted to $51.5 million. Factors Helpful to Understand Third Quarter Net Income As explained under recent developments below, a new CECL factor was added which increased the provision for credit losses and resulted in an after-tax reduction in net income of $1.5 million. Prior period interest income reversals on real estate bridge loans transferred to nonaccrual or modified, resulted in an after-tax reduction in net income of $1.2 million. A loss resulting from a
The Bancorp, Inc. ("Bancorp") (NASDAQ:TBBK) today announced that it will release its third quarter 2024 financial results after market hours on Thursday, October 24, 2024, and invites investors and other interested parties to listen to its earnings results conference call on Friday, October 25, 2024, at 8:00 a.m. Eastern time. All interested parties can access the live conference call webcast by visiting The Bancorp site at www.thebancorp.com and clicking on the webcast link located on the home page or by dialing 1.800.225.9448, conference code BANCORP. For those who are not available to listen to the live broadcast, the replay will be available following the live call via webcast on Banco
Retired Visa Inc. Executive Set to Join The Bancorp Board of Directors in October The Bancorp, Inc. (NASDAQ:TBBK) and its wholly-owned subsidiary The Bancorp Bank, N.A. (collectively, the "Company" or "The Bancorp") are pleased to announce that Todd Brockman will join the Company's Board of Directors, effective October 1, 2024. The addition of Brockman will support the continued growth of the Company's Fintech Solutions business. Brockman brings over 25 years of experience as a senior executive in the payments and financial technology industry. He served as Senior Vice President, General Manager of Visa DPS, one of the largest issuer processors in the world. In 2021, Brockman was elevat
4 - Bancorp, Inc. (0001295401) (Issuer)
4 - Bancorp, Inc. (0001295401) (Issuer)
4 - Bancorp, Inc. (0001295401) (Issuer)
Retired Visa Inc. Executive Set to Join The Bancorp Board of Directors in October The Bancorp, Inc. (NASDAQ:TBBK) and its wholly-owned subsidiary The Bancorp Bank, N.A. (collectively, the "Company" or "The Bancorp") are pleased to announce that Todd Brockman will join the Company's Board of Directors, effective October 1, 2024. The addition of Brockman will support the continued growth of the Company's Fintech Solutions business. Brockman brings over 25 years of experience as a senior executive in the payments and financial technology industry. He served as Senior Vice President, General Manager of Visa DPS, one of the largest issuer processors in the world. In 2021, Brockman was elevat
Matthew Cohn of Philadelphia will head the non-profit's volunteer-led Global Mission Board which focuses on special initiatives in type 1 diabetes research, fundraising, community engagement, and advocacy NEW YORK, July 10, 2024 /PRNewswire/ -- Breakthrough T1D, formerly JDRF, the leading global type 1 diabetes (T1D) research and advocacy organization, today announced the appointment of Matthew Cohn as the new chair of the non-profit's Global Mission Board. Breakthrough T1D's Global Mission Board is a volunteer-led group, appointed by the organization's board of directors, that focuses on special initiatives in type 1 diabetes research, fundraising, community engagement and advocacy. Matthew
The Bancorp, Inc. (NASDAQ:TBBK) and its wholly-owned subsidiary The Bancorp Bank, N.A. (collectively, the "Company") recently announced that Mark Tryniski has joined the Company's Board of Directors. The appointment took effect on May 29, 2024. The addition of Tryniski reflects recent changes in the composition of the Company's board, following the departure of John Eggemeyer. Tryniski brings a wealth of knowledge and experience in finance, accounting, risk management, banking regulations, and corporate governance. In his most recent role, Tryniski served as the President and Chief Executive Officer of Community Bank System, Inc. from 2006 to 2023. From 2003 to 2006, he held the positions