The Bancorp, Inc. (NASDAQ:TBBK) Stock Has Consensus Target Price of $69.33 According to Brokerages

Shares of The Bancorp, Inc. (NASDAQ:TBBK) have been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $69.33.

A number of equities analysts recently commented on TBBK shares. Raymond James Financial set a $88.00 target price on shares of Bancorp in a research note on Friday, August 7th. Piper Sandler reaffirmed an “overweight” rating and set a $75.00 price target (down from $86.00) on shares of Bancorp in a report on Thursday, September 17th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $79.00 price objective (up from $77.00) on shares of Bancorp in a research report on Monday, August 3rd. Bank of America reiterated a “buy” rating on shares of Bancorp in a report on Monday, July 20th. Finally, Weiss Ratings lowered Bancorp from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, September 14th.

Insider Buying and Selling

In other Bancorp news, CAO Martin Egan sold 3,057 shares of the stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $72.03, for a total value of $220,195.71. Following the transaction, the chief accounting officer directly owned 30,219 shares in the company, valued at $2,176,674.57. This represents a 9.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Congress Asset Management Co. raised its stake in Bancorp by 21.3% during the 3rd quarter. Congress Asset Management Co. now owns 347,585 shares of the bank’s stock worth $16,740,000 after acquiring an additional 61,054 shares in the last quarter. Versant Capital Management Inc boosted its stake in Bancorp by 177.3% in the third quarter. Versant Capital Management Inc now owns 1,198 shares of the bank’s stock valued at $58,000 after acquiring an additional 766 shares in the last quarter. Tidal Investments LLC grew its holdings in shares of Bancorp by 51.1% during the second quarter. Tidal Investments LLC now owns 23,723 shares of the bank’s stock worth $1,486,000 after purchasing an additional 8,021 shares during the last quarter. WINTON GROUP Ltd grew its holdings in shares of Bancorp by 4.6% during the second quarter. WINTON GROUP Ltd now owns 23,675 shares of the bank’s stock worth $1,483,000 after purchasing an additional 1,032 shares during the last quarter. Finally, Engineers Gate Manager LP grew its holdings in shares of Bancorp by 20.0% during the second quarter. Engineers Gate Manager LP now owns 24,012 shares of the bank’s stock worth $1,504,000 after purchasing an additional 3,998 shares during the last quarter. 96.22% of the stock is owned by hedge funds and other institutional investors.

Bancorp Stock Up 0.2%

Shares of NASDAQ:TBBK opened at $48.44 on Wednesday. Bancorp has a fifty-two week low of $47.01 and a fifty-two week high of $81.65. The firm’s 50 day moving average price is $60.56 and its 200 day moving average price is $59.38. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.30. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 9.11 and a beta of 1.25.

Bancorp (NASDAQ:TBBK) last posted its quarterly earnings results on Thursday, July 30th. The bank reported $1.45 EPS for the quarter, topping the consensus estimate of $1.36 by $0.09. Bancorp had a net margin of 27.72% and a return on equity of 32.32%. The company had revenue of $137.74 million during the quarter, compared to analysts’ expectations of $166.69 million. Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. As a group, equities research analysts predict that Bancorp will post 5.97 earnings per share for the current fiscal year.

Bancorp Company Profile

The Bancorp, Inc (NASDAQ:TBBK) is a financial technology and specialty banking company headquartered in Wilmington, Delaware. Through its subsidiary, The Bancorp Bank, National Association, the company provides banking and payment services primarily to financial technology companies, businesses, institutional clients and consumers.

The company’s offerings include payment acceptance and processing, card issuance and management, automated clearing house (ACH) services, prepaid and debit card programs, and deposit accounts.