Bancorp (NASDAQ:TBBK – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 5.250-5.250 for the period, compared to the consensus earnings per share estimate of 5.240. The company issued revenue guidance of -. Bancorp also updated its FY 2024 guidance to 4.350-4.350 EPS.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on the stock. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $55.00 target price (up from $46.00) on shares of Bancorp in a report on Monday, July 29th. StockNews.com lowered Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, July 30th. Finally, Piper Sandler raised their target price on Bancorp from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Monday, July 29th.
View Our Latest Stock Report on Bancorp
Bancorp Price Performance
Bancorp (NASDAQ:TBBK – Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The bank reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.03). Bancorp had a net margin of 31.52% and a return on equity of 26.81%. The company had revenue of $124.52 million during the quarter, compared to the consensus estimate of $127.45 million. As a group, research analysts predict that Bancorp will post 4.37 earnings per share for the current year.
About Bancorp
The Bancorp, Inc operates as the bank holding company for The Bancorp Bank, National Association that provides banking products and services in the United States. It offers a range of deposit products and services, including checking, savings, time, money market, and commercial accounts; overdrafts; and certificates of deposit.
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