The Bancorp Inc (NASDAQ: TBBK) has reported E.P.S. of $1.06 for its third fiscal quarter (ending September 30) versus $0.93 for the same period a year ago — an increase of 14%. For the latest four quarters through September 30, E.P.S. were $4.00 versus $3.42 for the same period a year ago — an increase of 17%.
Recent Price Action
The Bancorp Inc (NASDAQ: TBBK) stock rose slightly by 0.3% on 10/24/24. The stock closed at $54.96. NORMAL trading volume accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -5.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, TBBK is expected to continue to be a major Value Builder.
Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Bancorp has a neutral Appreciation Score of 58 but a very high Power Rating of 93, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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