Bancorp (NASDAQ:TBBK – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.950-6.050 for the period, compared to the consensus estimate of 5.920. The company issued revenue guidance of -. Bancorp also updated its FY 2027 guidance to EPS.
Analyst Ratings Changes
A number of brokerages recently weighed in on TBBK. Wall Street Zen upgraded shares of Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Keefe, Bruyette & Woods raised Bancorp from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $72.00 to $77.00 in a report on Thursday, July 9th. Zacks Research upgraded shares of Bancorp from a “strong sell” rating to a “hold” rating in a research report on Friday, April 3rd. Bank of America reissued a “buy” rating on shares of Bancorp in a research note on Monday, July 20th. Finally, Weiss Ratings upgraded shares of Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. One investment 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 company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $63.40.
Read Our Latest Analysis on TBBK
Bancorp Price Performance
Bancorp (NASDAQ:TBBK – Get Free Report) last released its earnings results on Thursday, July 30th. The bank reported $1.45 EPS for the quarter, topping the consensus estimate of $1.37 by $0.08. Bancorp had a net margin of 26.92% and a return on equity of 30.56%. 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, research analysts predict that Bancorp will post 5.95 EPS for the current fiscal year.
Institutional Trading of Bancorp
Several large investors have recently modified their holdings of TBBK. Summit Global Investments purchased a new stake in Bancorp during the 4th quarter worth approximately $246,000. EP Wealth Advisors LLC acquired a new stake in Bancorp during the fourth quarter worth about $222,000. XTX Topco Ltd bought a new stake in shares of Bancorp in the 4th quarter worth approximately $3,748,000. Twinbeech Capital LP acquired a new stake in shares of Bancorp in the 4th quarter worth about $205,000. Finally, Numerai GP LLC acquired a new stake in shares of Bancorp in the fourth quarter valued at approximately $215,000. 96.22% of the stock is currently owned by institutional investors and hedge funds.
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.
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