The BancorpTBBK
About: The Bancorp Inc is a financial holding company, through its subsidiary it is engaged in specialty lending namely securities-backed lines of credit, vehicle fleet and another equipment leasing, Small Business Administration lending, insurance policy cash value-backed lines of credit and commercial mortgage-backed loans, generated for sale into commercial mortgage-backed securities markets through securitizations. The company deposits and non-interest income are generated in the payments business which consists of issuing, acquiring, and automated clearing house accounts.
Employees: 757
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
263% more call options, than puts
Call options by funds: $3.2M | Put options by funds: $880K
10% more capital invested
Capital invested by funds: $1.74B [Q1] → $1.92B (+$176M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
0.82% less ownership
Funds ownership: 99.01% [Q1] → 98.2% (-0.82%) [Q2]
9% less funds holding
Funds holding: 243 [Q1] → 220 (-23) [Q2]
13% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 90
46% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 50
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Timothy Switzer 67% 1-year accuracy 2 / 3 met price target | 6%downside $55 | Outperform Reiterated | 29 Jul 2024 |
Piper Sandler Frank Schiraldi 80% 1-year accuracy 20 / 25 met price target | 3%upside $60 | Overweight Maintained | 29 Jul 2024 |