Bancorp (NASDAQ:TBBK) Releases FY 2025 Earnings Guidance

Bancorp (NASDAQ:TBBK) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.250-5.250 for the period, compared to the consensus earnings per share estimate of 5.240. The company issued revenue guidance of -.

Bancorp Trading Up 4.1 %

NASDAQ:TBBK traded up $2.28 during trading hours on Thursday, hitting $57.64. The company had a trading volume of 766,394 shares, compared to its average volume of 382,414. The company has a current ratio of 0.88, a quick ratio of 0.85 and a debt-to-equity ratio of 0.18. Bancorp has a 1 year low of $29.92 and a 1 year high of $61.17. The company has a 50-day moving average of $55.06 and a 200 day moving average of $52.69. The company has a market cap of $2.76 billion, a P/E ratio of 14.56 and a beta of 1.49.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TBBK. Piper Sandler raised their price target 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 downgraded shares of Bancorp from a “hold” rating to a “sell” rating in a report on Sunday, January 12th.

Insider Buying and Selling at Bancorp

In other Bancorp news, EVP Thomas G. Pareigat sold 5,466 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $49.03, for a total transaction of $267,997.98. Following the transaction, the executive vice president now owns 73,114 shares of the company’s stock, valued at approximately $3,584,779.42. This trade represents a 6.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.20% of the stock is currently owned by insiders.

About Bancorp

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.