Bancorp (NASDAQ:TBBK - Get Free Report) will be releasing its earnings data after the market closes on Thursday, October 24th. Analysts expect Bancorp to post earnings of $1.12 per share for the quarter. Bancorp has set its FY 2024 guidance at 4.350-4.350 EPS.Persons interested in registering for the company's earnings conference call can do so using this link.
Bancorp (NASDAQ:TBBK - Get Free Report) last issued its earnings results on Thursday, July 25th. The bank reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.03). The firm had revenue of $124.52 million during the quarter, compared to the consensus estimate of $127.45 million. Bancorp had a return on equity of 26.81% and a net margin of 31.52%. On average, analysts expect Bancorp to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
NASDAQ:TBBK opened at $58.39 on Thursday. The business's 50-day simple moving average is $50.77 and its two-hundred day simple moving average is $41.68. Bancorp has a 52 week low of $29.92 and a 52 week high of $58.74. The stock has a market cap of $3.05 billion, a PE ratio of 15.85 and a beta of 1.45. The company has a quick ratio of 0.84, a current ratio of 0.88 and a debt-to-equity ratio of 0.19.
A number of research firms recently commented on TBBK. Piper Sandler boosted their price target on Bancorp from $55.00 to $60.00 and gave the stock an "overweight" rating in a report on Monday, July 29th. StockNews.com downgraded shares of Bancorp from a "hold" rating to a "sell" rating in a report on Tuesday, July 30th. Finally, Keefe, Bruyette & Woods reaffirmed an "outperform" rating and set a $55.00 target price (up from $46.00) on shares of Bancorp in a research note on Monday, July 29th.
Check Out Our Latest Stock Report on 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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