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 Q3 regulatory filings by fund managers ($100M+ AUM)
174% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 23
75% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 7 (+3) [Q3]
39% more capital invested
Capital invested by funds: $1.95B [Q2] → $2.71B (+$758M) [Q3]
17% more funds holding
Funds holding: 220 [Q2] → 258 (+38) [Q3]
3.5% more ownership
Funds ownership: 99.96% [Q2] → 103.46% (+3.5%) [Q3]
7% less call options, than puts
Call options by funds: $8.17M | Put options by funds: $8.78M
23% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 92
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Keefe, Bruyette & Woods Timothy Switzer 75% 1-year accuracy 18 / 24 met price target | 16%upside $72 | Outperform Maintained | 3 Feb 2025 |
Raymond James David Feaster 52% 1-year accuracy 11 / 21 met price target | 8%upside $67 | Outperform Reiterated | 3 Feb 2025 |
Piper Sandler Frank Schiraldi 78% 1-year accuracy 21 / 27 met price target | 3%upside $64 | Overweight Maintained | 23 Dec 2024 |
Financial journalist opinion
Based on 7 articles about TBBK published over the past 30 days