The Bancorp, Inc. (NASDAQ:TBBK) Stock Rated “Moderate Buy” by Wall Street Brokerages

The Bancorp, Inc. (NASDAQ:TBBK – Get Free Report) has received a consensus rating of “Moderate Buy” from the eight brokerages that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $67.75.

TBBK has been the topic of a number of recent analyst reports. Bank of America restated a “buy” rating on shares of Bancorp in a research report on Monday, July 20th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $60.00 price objective on shares of Bancorp in a report on Tuesday. Raymond James Financial set a $88.00 price objective on shares of Bancorp in a report on Friday, August 7th. Stephens reiterated an “equal weight” rating and issued a $59.00 target price on shares of Bancorp in a research note on Wednesday. Finally, Piper Sandler reissued an “overweight” rating and issued a $75.00 target price (down from $86.00) on shares of Bancorp in a report on Thursday, September 17th.

View Our Latest Analysis on Bancorp

Insiders Place Their Bets

In related 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 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. This trade represents a 9.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.00% of the stock is owned by corporate insiders.

Institutional Trading of Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in TBBK. Fifth Third Wealth Advisors LLC bought a new position in shares of Bancorp in the third quarter valued at about $203,000. Sterling Capital Management LLC grew its holdings in Bancorp by 840.4% during the 3rd quarter. Sterling Capital Management LLC now owns 1,326 shares of the bank’s stock worth $64,000 after acquiring an additional 1,185 shares during the last quarter. SummerHaven Investment Management LLC bought a new stake in Bancorp during the 3rd quarter worth about $1,017,000. Congress Asset Management Co. increased its position in Bancorp by 21.3% in the 3rd quarter. Congress Asset Management Co. now owns 347,585 shares of the bank’s stock valued at $16,740,000 after acquiring an additional 61,054 shares in the last quarter. Finally, Versant Capital Management Inc increased its position in Bancorp by 177.3% in the 3rd quarter. Versant Capital Management Inc now owns 1,198 shares of the bank’s stock valued at $58,000 after acquiring an additional 766 shares in the last quarter. 96.22% of the stock is currently owned by institutional investors and hedge funds.

Bancorp Stock Down 0.5%

Shares of NASDAQ:TBBK opened at $50.86 on Friday. Bancorp has a 52 week low of $47.01 and a 52 week high of $80.56. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.87 and a current ratio of 0.88. The company’s fifty day moving average is $55.40 and its 200-day moving average is $58.98. The company has a market capitalization of $2.07 billion, a PE ratio of 9.56 and a beta of 1.25.

Bancorp (NASDAQ:TBBK – Get Free Report) last posted its earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.09. The business had revenue of $137.74 million for the quarter, compared to analyst estimates 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. Equities research analysts predict that Bancorp will post 6.00 earnings per share for the current fiscal year.

Bancorp Company Profile

(Get Free Report)

The Bancorp, Inc (NASDAQ:TBBK) is a financial technology-focused bank holding company headquartered in Wilmington, Delaware. Through its principal subsidiary, The Bancorp Bank, N.A., the company provides banking and payment services primarily through partnerships with fintech companies, businesses, and other institutional clients rather than through a traditional branch network.

The company’s services include payment processing, prepaid and debit card programs, card issuance, automated clearing house (ACH) and other electronic payment solutions, deposit accounts, and commercial lending.

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Analyst Recommendations for Bancorp (NASDAQ:TBBK)

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