Welcome to our dedicated page for Bancorp news (Ticker: TBBK), a resource for investors and traders seeking the latest updates and insights on Bancorp stock.
Bancorp Inc (TBBK) is a financial holding company powering innovation in fintech solutions and specialty finance services for non-bank financial institutions. This page aggregates all official company announcements, press releases, and market-moving developments in one centralized location.
Access real-time updates on earnings reports, strategic partnerships, and regulatory milestones critical to understanding Bancorp's position in payment processing and niche lending markets. Track developments across core operational areas including prepaid card innovations, real estate bridge lending, and corporate financial strategy.
Key updates include new product launches in fintech infrastructure, expansion of specialty lending programs, executive leadership changes, and quarterly performance disclosures. Content is curated to help stakeholders monitor the company's progress in serving non-bank financial service providers through its diversified business model.
Bookmark this page for streamlined access to Bancorp's latest communications. Combine these primary sources with third-party analysis available elsewhere on Stock Titan for comprehensive market intelligence.
The Bancorp (NASDAQ: TBBK) has received significant credit rating upgrades from Kroll Bond Rating Agency (KBRA). The company's senior unsecured debt rating was upgraded to BBB+ from BBB, while The Bancorp Bank's deposit and senior unsecured debt ratings were raised to A- from BBB+.
The upgrades reflect TBBK's leadership in the Banking as a Service (BaaS) industry, particularly as the largest issuer of prepaid cards by transaction volume. The company demonstrated strong performance with a 30% year-over-year increase in non-interest income reaching $78 million in H1 2025, and maintains robust capital levels with a CET1 ratio of 14.4% as of Q2 2025.
The Bancorp (NASDAQ: TBBK) reported strong Q2 2025 financial results with net income of $59.8 million ($1.27 per share), up 11% from Q2 2024. Key highlights include a 4% increase in net interest income to $97.5 million and an 18% growth in gross dollar volume to $43.65 billion for prepaid and debit cards.
The company demonstrated significant growth in consumer fintech loans, which surged 871% year-over-year to $680.5 million. Notable developments include a new Card Issuing Agreement with Block, Inc. for Cash App customers, set to launch in 2026. The bank maintains strong capital ratios, with book value per share increasing 18% to $18.60. Management reaffirmed 2025 EPS guidance of $5.25 and announced "Project 7," targeting $7 EPS run-rate by Q4 2026.
The company continued its share repurchase program, buying back 753,898 shares at an average cost of $49.75 per share, reducing outstanding shares by 6% year-over-year.The Bancorp (Nasdaq: TBBK) has scheduled its second quarter 2025 financial results announcement for Thursday, July 24, 2025, after market hours. The company will host an earnings conference call on Friday, July 25, 2025, at 8:00 a.m. Eastern time.
Investors can access the live conference call via webcast on The Bancorp's website or by dialing 1.800.549.8228 (conference ID: 45285). A replay will be available through the website and by phone until August 1, 2025, using the number 1.888.660.6264 (playback code: 45285#).
The Bancorp (NASDAQ: TBBK) reported Q1 2025 financial results with net income of $57.2 million, or $1.19 per diluted share, up from $56.4 million ($1.06/share) in Q1 2024. While net income grew 1%, EPS increased 12% due to share repurchases.
Key metrics include:
- Net interest income decreased 3% to $91.7 million
- Return on assets at 2.5% and return on equity at 29%
- Loans reached $6.38 billion, up 17% year-over-year
- Gross dollar volume increased 18% to $44.65 billion
- Average deposits grew 28% to $8.31 billion
The company maintains strong capital ratios well above regulatory minimums, with a book value per share of $17.66, up 13% year-over-year. Management confirmed 2025 EPS guidance of $5.25, excluding the impact of $150 million authorized stock buybacks.
The Bancorp (Nasdaq: TBBK) has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, 2025, after market hours. The company will host an earnings conference call the following day, Friday, April 25, 2025, at 8:00 a.m. Eastern time.
Interested parties can access the live conference call through two methods: via webcast on The Bancorp's website (www.thebancorp.com) or by dialing 1.800.549.8228 (conference ID 80395). A replay will be available after the live call through May 2, 2025, accessible both through the company's website and by phone at 1.888.660.6264 (playback code 80395#).
The Bancorp (NASDAQ: TBBK) announced receiving a notice from Nasdaq's Listing Qualifications Department on March 27, 2025, due to delayed filing of its Annual Report (Form 10-K) for the period ended December 31, 2024. The notice indicates non-compliance with Nasdaq Listing Rule 5250(c)(1).
While there is no immediate effect on the company's stock listing or trading, TBBK has 60 days from the notice date to either file the Annual Report or submit a compliance plan to Nasdaq. If a plan is submitted and accepted, the company could receive up to 180 calendar days from the Annual Report's due date to regain compliance. If Nasdaq rejects the plan, TBBK can appeal to a Nasdaq hearings panel.
The Bancorp (NASDAQ: TBBK) reported strong Q4 2024 financial results, with net income of $55.9 million ($1.15 per share), up 27% from Q4 2023. Key highlights include:
- Net interest income increased 2% to $94.3 million
- Gross dollar volume for prepaid and debit cards grew 19% to $39.66 billion
- Total loans reached $6.11 billion, up 14% year-over-year
- Average deposits increased 21% to $7.55 billion
The company closed the sale of an $82 million real estate bridge loan portfolio and maintains strong capital ratios. Book value per share increased 9% to $16.55. The company repurchased 919,584 shares at an average cost of $54.37 during Q4 2024, reducing outstanding shares by 10% year-over-year. Management affirmed 2025 guidance of $5.25 per share.
The Bancorp (NASDAQ: TBBK) has appointed Dwayne Allen to its Board of Directors, effective January 1, 2025. Allen brings over 25 years of senior leadership experience in technology and digital transformation. He currently serves as Senior Vice President and Chief Technology Officer at Unisys, and previously held positions at Microsoft as Global Digital Strategist (2019-2021) and at Masonite International as Vice President and CIO (2017-2019).
Allen's career includes notable roles as Division CIO at Cummins Inc., VP of Information Technology at Fifth Third Bank, and VP and Division CIO at Wells Fargo. He currently serves on the board of Cross Country Healthcare. CEO Damian Kozlowski emphasized that Allen's IT expertise will help guide The Bancorp's innovation and demonstrates the company's commitment to strategic growth.
The Bancorp (Nasdaq: TBBK) has announced its schedule for releasing fourth quarter and fiscal 2024 financial results. The company will disclose its earnings after market hours on Thursday, January 30, 2025, followed by an earnings results conference call on Friday, January 31, 2025, at 8:00 a.m. Eastern time.
Interested parties can access the live conference call webcast through The Bancorp's website or by dialing 1.800.549.8228 (conference ID 18739). A replay will be available after the live call via webcast and telephonically until Friday, February 7, 2025, by dialing 1.888.660.6264 (playback code 18739#).
The Bancorp (NASDAQ: TBBK) reported Q3 2024 net income of $51.5 million, or $1.04 per diluted share, up from $50.1 million ($0.92 per share) in Q3 2023. Net interest income increased 5% to $93.7 million. Gross dollar volume for prepaid and debit cards grew 15% to $37.90 billion. The company's loan portfolio expanded to $5.91 billion, a 14% year-over-year increase. Management issued preliminary EPS guidance of $5.25 for 2025, while maintaining 2024 guidance at $4.35. The company plans $150 million in stock buybacks for 2025, reduced from $250 million in 2024, to facilitate repayment of $96 million in senior secured debt.
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