The Bancorp, Inc. (NASDAQ:TBBK) Receives Average Recommendation of “Moderate Buy” from Analysts

The Bancorp, Inc. (NASDAQ:TBBK) has been given an average recommendation of “Moderate Buy” by the seven analysts that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $71.1667.

TBBK has been the subject of several research analyst reports. Raymond James Financial set a $88.00 target price on shares of Bancorp in a research note on Friday, August 7th. Piper Sandler reiterated an “overweight” rating and issued a $86.00 price target (up from $70.00) on shares of Bancorp in a research note on Monday, August 3rd. Keefe, Bruyette & Woods restated an “outperform” rating and set a $79.00 price objective (up from $77.00) on shares of Bancorp in a research report on Monday, August 3rd. Weiss Ratings upgraded Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. Finally, Bank of America reaffirmed a “buy” rating on shares of Bancorp in a report on Monday, July 20th.

Insiders Place Their Bets

In other Bancorp news, CAO Martin Egan sold 3,057 shares of Bancorp stock in a transaction that occurred 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 sale, the chief accounting officer owned 30,219 shares of the company’s stock, valued at $2,176,674.57. The trade was a 9.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 6.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Bancorp

Hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC purchased a new position in shares of Bancorp in the 2nd quarter worth $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Bancorp during the 4th quarter valued at about $27,000. Lazard Asset Management LLC purchased a new stake in shares of Bancorp during the 2nd quarter valued at about $53,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Bancorp by 732.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 749 shares of the bank’s stock valued at $56,000 after acquiring an additional 659 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Bancorp in the 4th quarter valued at about $68,000. Hedge funds and other institutional investors own 96.22% of the company’s stock.

Bancorp Stock Up 0.7%

NASDAQ TBBK opened at $50.63 on Friday. Bancorp has a 12 month low of $48.41 and a 12 month high of $81.65. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.30. The stock has a market cap of $2.07 billion, a PE ratio of 9.52 and a beta of 1.18. The stock’s 50 day moving average is $66.40 and its 200 day moving average is $59.88.

Bancorp (NASDAQ:TBBK) last announced its quarterly earnings data 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 net margin of 27.72% and a return on equity of 32.32%. 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. Research analysts predict that Bancorp 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.