Bancorp (NASDAQ:TBBK) Updates FY 2025 Earnings Guidance

Bancorp (NASDAQ:TBBKGet Free Report) 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 Stock Up 4.1 %

Shares of NASDAQ TBBK traded up $2.28 during mid-day trading on Thursday, reaching $57.64. 766,394 shares of the company were exchanged, compared to its average volume of 383,836. The firm has a 50-day moving average of $55.06 and a 200 day moving average of $52.69. Bancorp has a 1 year low of $29.92 and a 1 year high of $61.17. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 14.56 and a beta of 1.49.

Bancorp (NASDAQ:TBBKGet Free Report) last released its earnings results on Thursday, January 30th. The bank reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. Bancorp had a net margin of 30.97% and a return on equity of 26.63%. On average, research analysts expect that Bancorp will post 4.28 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TBBK. Piper Sandler raised their target price on shares of Bancorp from $61.00 to $64.00 and gave the stock an “overweight” rating in a report on Monday, December 23rd. StockNews.com cut Bancorp from a “hold” rating to a “sell” rating in a report on Sunday, January 12th.

Read Our Latest Stock Analysis on Bancorp

Insider Buying and Selling

In other Bancorp news, EVP Thomas G. Pareigat sold 5,466 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $49.03, for a total transaction of $267,997.98. Following the completion of the sale, the executive vice president now directly owns 73,114 shares in the company, valued at approximately $3,584,779.42. The trade was a 6.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.20% of the stock is currently owned by insiders.

About Bancorp

(Get Free Report)

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.

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