Alert: Major Price Decline (10/25/24)-The Bancorp Inc (NASDAQ: TBBK).

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The Bancorp Inc (NASDAQ: TBBK) stock closed at $47.01 on 10/25/24 after a major decline of -14.5%. Moreover, exceptionally high trading volume at 419% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -20.3% during the last week.

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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 complementary signals. Bancorp has a slightly positive Appreciation Score of 66 and a very high Power Rating of 93, with the Highest Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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