Bancorp (NASDAQ:TBBK – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.250-5.250 for the period, compared to the consensus EPS estimate of 5.240. The company issued revenue guidance of -. Bancorp also updated its FY 2024 guidance to 4.350-4.350 EPS.
Analysts Set New Price Targets
Several research firms have commented on TBBK. StockNews.com cut shares of Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, July 30th. Piper Sandler lifted their price target on shares of Bancorp from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Monday, July 29th. Finally, Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $55.00 price target (up previously from $46.00) on shares of Bancorp in a report on Monday, July 29th.
View Our Latest Stock Analysis on TBBK
Bancorp Stock Performance
Bancorp (NASDAQ:TBBK – Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The bank reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.03). Bancorp had a net margin of 31.52% and a return on equity of 26.81%. The business had revenue of $124.52 million during the quarter, compared to analysts’ expectations of $127.45 million. As a group, equities research analysts anticipate that Bancorp will post 4.37 EPS for the current fiscal 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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