Edgestream Partners L.P. Purchases New Position in The Bancorp, Inc. $TBBK

Edgestream Partners L.P. bought a new position in The Bancorp, Inc. (NASDAQ:TBBK) in the first quarter, HoldingsChannel reports. The fund bought 66,845 shares of the bank’s stock, valued at approximately $3,592,000.

Several other hedge funds have also bought and sold shares of TBBK. Hilton Head Capital Partners LLC bought a new position in shares of Bancorp in the fourth quarter worth about $27,000. Lazard Asset Management LLC bought a new position in shares of Bancorp during the 2nd quarter valued at approximately $53,000. Northwestern Mutual Wealth Management Co. increased its holdings in Bancorp by 732.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 749 shares of the bank’s stock worth $56,000 after acquiring an additional 659 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Bancorp in the 4th quarter worth approximately $68,000. Finally, Covestor Ltd raised its stake in Bancorp by 99.9% during the 4th quarter. Covestor Ltd now owns 2,029 shares of the bank’s stock worth $137,000 after acquiring an additional 1,014 shares during the period. Institutional investors own 96.22% of the company’s stock.

Analysts Set New Price Targets

TBBK has been the topic of several analyst reports. Raymond James Financial reaffirmed a “strong-buy” rating and set a $82.00 price target on shares of Bancorp in a report on Friday. Keefe, Bruyette & Woods raised shares of Bancorp from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $72.00 to $77.00 in a research note on Thursday, July 9th. Bank of America restated a “buy” rating on shares of Bancorp in a research report on Monday, July 20th. Wall Street Zen upgraded shares of Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, Weiss Ratings raised shares of Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Bancorp currently has an average rating of “Moderate Buy” and a consensus target price of $66.50.

Bancorp Trading Up 3.5%

Bancorp stock opened at $67.07 on Friday. The stock has a market cap of $2.79 billion, a P/E ratio of 12.61 and a beta of 1.19. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.88. The Bancorp, Inc. has a 1 year low of $50.20 and a 1 year high of $81.65. The firm’s 50 day moving average price is $61.11 and its 200-day moving average price is $59.38.

Bancorp (NASDAQ:TBBK) last announced its quarterly earnings results on Thursday, July 30th. The bank reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.09. The company had revenue of $137.74 million for the quarter, compared to the consensus estimate of $166.69 million. Bancorp had a net margin of 26.92% and a return on equity of 32.14%. Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. On average, equities analysts predict that The Bancorp, Inc. will post 6 earnings per share for the current fiscal year.

Key Stories Impacting Bancorp

Here are the key news stories impacting Bancorp this week:

• Positive Sentiment: Q2 earnings beat expectations: The Bancorp reported diluted EPS of $1.45, up 14.2% from $1.27 a year earlier and above the $1.36 analyst consensus. Net income rose to $60.7 million from $59.8 million. The Bancorp Q2 earnings beat article
• Positive Sentiment: Fintech growth remained strong: Gross dollar volume for prepaid, debit and credit cards increased 22.5% year over year to $53.45 billion. Average deposits rose 4.4% to $8.41 billion, while management cited continued growth in loans and fintech fees, along with improved credit and cost efficiency. The Bancorp Q2 results press release
• Positive Sentiment: Full-year outlook improved: Fiscal 2026 EPS guidance was raised to $5.95-$6.05 from an analyst consensus of $5.92. The company also maintained its 2027 EPS outlook of $8.10-$8.30 and repurchased $50 million of stock during the quarter.
• Neutral Sentiment: Strong profitability metrics: Return on equity increased to 34.7% from 28.4% a year earlier, although return on assets declined to 2.51% from 2.64%. Management discussed the results and outlook during the earnings call. The Bancorp Q2 earnings call transcript
• Negative Sentiment: Revenue missed estimates: Quarterly revenue was $137.74 million, below the $166.69 million analyst forecast, which may limit enthusiasm despite the EPS beat.
• Negative Sentiment: Margin pressure and cautious near-term guidance: Net interest margin declined to 3.85% from 4.44% year over year. Fourth-quarter EPS guidance of $1.65-$1.75 has a midpoint below the $1.75 consensus estimate.

About Bancorp

The Bancorp, Inc (NASDAQ: TBBK) is a Delaware-chartered bank holding company that provides a range of banking and financial services to individuals, businesses, and financial institutions across the United States. Through its subsidiary, The Bancorp Bank, the company offers FDIC-insured deposit accounts, cash management solutions and specialized lending products. Its business model focuses on partnering with fintech firms, asset managers and payment processors to deliver integrated banking-as-a-service (BaaS) capabilities.

The company’s product suite includes interest-bearing and non-interest-bearing checking accounts, money market accounts, certificates of deposit and debit and credit card services.