Bancorp (NASDAQ:TBBK) Updates FY 2025 Earnings Guidance

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

Bancorp Stock Performance

TBBK traded down $7.95 during trading on Friday, hitting $47.01. The stock had a trading volume of 2,452,869 shares, compared to its average volume of 624,271. The company has a current ratio of 0.88, a quick ratio of 0.84 and a debt-to-equity ratio of 0.19. Bancorp has a 12 month low of $29.92 and a 12 month high of $59.26. The company has a 50 day simple moving average of $52.20 and a 200-day simple moving average of $42.75. The firm has a market cap of $2.30 billion, a PE ratio of 12.24 and a beta of 1.45.

Bancorp (NASDAQ:TBBK) last released its earnings results on Thursday, October 24th. The bank reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.12 by ($0.08). Bancorp had a net margin of 31.52% and a return on equity of 26.81%. The company had revenue of $125.84 million during the quarter, compared to the consensus estimate of $131.34 million. During the same quarter in the previous year, the business posted $0.92 EPS. Analysts expect that Bancorp will post 4.37 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on TBBK. Piper Sandler increased their price objective on shares of Bancorp from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Monday, July 29th. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $55.00 price objective (up previously from $46.00) on shares of Bancorp in a research report on Monday, July 29th. Finally, StockNews.com downgraded Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, July 30th.

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.