Bancorp (NASDAQ:TBBK) Issues FY 2025 Earnings Guidance

Bancorp (NASDAQ:TBBK) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.250-5.250 for the period, compared to the consensus EPS estimate of 5.240. The company issued revenue guidance of -. Bancorp also updated its FY 2024 guidance to 4.350-4.350 EPS.

Analyst Ratings Changes

A number of equities research analysts have issued reports on TBBK shares. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $55.00 price objective (up from $46.00) on shares of Bancorp in a research note on Monday, July 29th. StockNews.com lowered shares of Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, July 30th. Finally, Piper Sandler increased their price target on Bancorp from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Monday, July 29th.

Bancorp Trading Down 14.5 %

Shares of TBBK stock traded down $7.95 on Friday, hitting $47.01. The company had a trading volume of 2,452,869 shares, compared to its average volume of 624,271. The stock’s 50-day moving average is $52.20 and its two-hundred day moving average is $42.75. Bancorp has a twelve month low of $29.92 and a twelve month high of $59.26. The firm has a market cap of $2.30 billion, a P/E ratio of 12.24 and a beta of 1.45. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.84 and a current ratio of 0.88.

Bancorp (NASDAQ:TBBK) last issued its quarterly earnings results on Thursday, October 24th. The bank reported $1.04 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.08). Bancorp had a return on equity of 26.81% and a net margin of 31.52%. The business had revenue of $125.84 million for the quarter, compared to analyst estimates of $131.34 million. During the same quarter in the previous year, the business posted $0.92 earnings per share. On average, equities research analysts anticipate that Bancorp will post 4.37 earnings per share for the current fiscal year.

Bancorp Company Profile

The Bancorp, Inc operates as the bank holding company for The Bancorp Bank, National Association that provides banking products and services in the United States. It offers a range of deposit products and services, including checking, savings, time, money market, and commercial accounts; overdrafts; and certificates of deposit.