Analysts forecast that The Bancorp, Inc. (NASDAQ:TBBK) will report $.45 earnings per share (EPS) for the recent fiscal quarter, in accordance to Zacks Investment Analysis. Two analysts have manufactured estimates for Bancorp’s earnings. The maximum EPS estimate is $.45 and the most affordable is $.44. Bancorp described earnings of $.41 per share in the exact quarter final yr, which implies a positive year over 12 months advancement level of 9.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The organization is scheduled to announce its following quarterly earnings report on Thursday, January 27th.
On typical, analysts expect that Bancorp will report total-year earnings of $1.86 for every share for the current fiscal year. For the following fiscal year, analysts be expecting that the business will put up earnings of $2.17 for each share, with EPS estimates ranging from $2.15 to $2.19. Zacks’ EPS calculations are an typical centered on a survey of research analysts that cover Bancorp.
Bancorp (NASDAQ:TBBK) previous posted its quarterly earnings facts on Wednesday, October 27th. The financial institution noted $.48 earnings per share for the quarter, topping the consensus estimate of $.43 by $.05. Bancorp experienced a return on equity of 17.65{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a net margin of 33.47{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The organization experienced revenue of $77.48 million for the quarter, in comparison to analysts’ expectations of $79.41 million. For the duration of the exact quarter last yr, the small business acquired $.40 EPS.
TBBK has been the subject of a variety of current analyst stories. Zacks Financial investment Analysis raised Bancorp from a “hold” ranking to a “invest in” ranking and set a $26.00 selling price goal on the inventory in a study observe on Wednesday. Raymond James lifted their cost goal on Bancorp from $30.00 to $38.00 and gave the stock a “potent-get” rating in a exploration observe on Monday, November 1st.
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In other information, insider Erika R. Caesar bought 4,000 shares of the stock in a transaction dated Tuesday, November 9th. The inventory was sold at an common cost of $32.20, for a full transaction of $128,800.00. The sale was disclosed in a doc filed with the SEC, which is obtainable by the SEC web site. 4.50{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by company insiders.
A selection of hedge cash and other institutional traders have just lately included to or decreased their stakes in the inventory. JCSD Cash LLC acquired a new stake in Bancorp throughout the 3rd quarter really worth approximately $31,000. Captrust Economical Advisors lifted its holdings in shares of Bancorp by 43.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} throughout the 3rd quarter. Captrust Economical Advisors now owns 1,382 shares of the bank’s stock valued at $35,000 soon after paying for an extra 418 shares through the final quarter. Zurcher Kantonalbank Zurich Cantonalbank amplified its placement in shares of Bancorp by 69.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,948 shares of the bank’s inventory valued at $114,000 soon after acquiring an added 2,030 shares through the period. Mutual of The united states Money Management LLC obtained a new place in shares of Bancorp in the 2nd quarter valued at $167,000. Eventually, Shell Asset Administration Co. obtained a new placement in shares of Bancorp in the 2nd quarter valued at $173,000. Institutional buyers individual 90.63{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the firm’s inventory.
Shares of TBBK inventory opened at $24.82 on Friday. The business’s 50-working day shifting regular price tag is $28.81 and its 200-day moving regular price tag is $25.74. Bancorp has a 12 thirty day period lower of $12.69 and a 12 month large of $33.36. The business has a market capitalization of $1.41 billion, a rate-to-earnings ratio of 13.56 and a beta of 1.47. The organization has a existing ratio of .92, a rapid ratio of .64 and a credit card debt-to-fairness ratio of .24.
About Bancorp
The Bancorp, Inc operates as a economical holding enterprise. The business engages in the provision of personal label banking and monetary providers by means of the Bank. It operates by means of the following segments: Specialty Finance, Payments and Corporate. The Specialty Finance consists of professional mortgage loan bank loan sales and securitizations, smaller business enterprise administration loans immediate lease funding and safety and insurance coverage backed lines of credit history and deposits created by business enterprise lines.
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