Alert: New Earnings Report (4/25/24)-The Bancorp Inc (NASDAQ: TBBK).

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For its first fiscal quarter (ending March 31), The Bancorp Inc (NASDAQ: TBBK) has reported E.P.S. of $1.07 compared to $0.89 a year ago. For the latest four quarters through March 31, E.P.S. were $3.71 compared to $2.69 a year ago.

Recent Price Action

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The Bancorp Inc (NASDAQ: TBBK) stock closed at $33.41 on 4/25/24 after a slight decline of -0.6%. NORMAL trading volume accompanied the decline. The stock has risen 1.7% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

TBBK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Bancorp has a neutral Power Rating of 59 but a good Appreciation Score of 75, resulting in the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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