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The Bancorp Inc   (TBBK)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial


 

The Bancorp Inc

TBBK's Financial Statements and Analysis



The Bancorp Inc reported in the third quarter of 2023 net earnings per share of $0.92 an increase by 70.37 % year on year from $0.54 and an improvement of 3.37 % from $0.89 realized in II. Quarter (Jun 30 2023).


third quarter of 2023
Earnings Per Share Revenues
$ 0.92 $  114 Mill
$+0.38     +70.37 % $+27M     +30.54 %



The Bancorp Inc 's Revenue rose by 30.54 % in third quarter of 2023 (Sep 30 2023) year on year, to $114 million and declined by -1.95 % sequentially.


The Bancorp Inc is

More on TBBK's Income Statement



The Bancorp Inc 's net income of $50.137 million in the third quarter of 2023 increased by 63.82 % from net earnings of $30.604 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 2.3 % from net income of $49.009 million realized in previous quarter.

More on TBBK's Growth

The Bancorp Inc Inventories
TBBK's Cash flow In the third quarter of 2023 company's net cash flow was $23 million, capital expenditures fell by -2.3821.76%, to $-3 millions compare to same quarter a year ago

More on TBBK's Cash flow Statement


The Bancorp Inc does not pay out common stock dividend.

In trailing twelve-month period The Bancorp Inc earned $ 3.27 cash per share, on a free-cash flow basis 96.09 % of net earning per share.

Book value grew by 4.35 % sequentially to $14.20 per share, 73.1% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 14.16 per share from $ 13.57.

Company repurchased 0.57 million shares or 1.03 % in Sep 30 2023.
Interest Coverage Ratio was 2.74. Debt Coverage Ratio was 3.72.

More on TBBK's Dividends

 Market Capitalization (Millions) 1,873
 Shares Outstanding (Millions) 55
 Total Debt (Millions $) 106
 Revenue (TTM) (Millions $) 443
 Net Income (TTM) (Millions $) 189
 Cash Flow (TTM) (Millions $) 181
 Capital Exp. (TTM) (Millions $) -13
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 762




The Bancorp Inc does not pay out common stock dividend.

In trailing twelve-month period The Bancorp Inc had $ 3.27 cash flow per share, on a free-cash flow basis 96.09 % of net earning per share.

Book value grew by 4.35 % sequentially to $14.20 per share, 73.1% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 14.16 per share from $ 13.57.

Company repurchased 0.57 million shares or 1.03 % in Sep 30 2023.
Interest Coverage Ratio was 2.74. Debt Coverage Ratio was 3.72.

More on TBBK's Balance Sheets

 Market Capitalization (Millions) 1,873
 Shares Outstanding (Millions) 55
 Total Debt (Millions $) 106
 Revenue (TTM) (Millions $) 443
 Net Income (TTM) (Millions $) 189
 Cash Flow (TTM) (Millions $) 181
 Capital Exp. (TTM) (Millions $) -13
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 762
   


  News about The Bancorp Inc Earnings

Stellar Surge: The Bancorp Inc Witnesses Astonishing 70.37% Surge in Income Throughout Q3 2023



The Bancorp Inc, a financial services company, recently released its financial results for the third quarter of 2023. The company reported significant growth in both income per share and revenue, indicating a strong performance during the period. Additionally, the company highlighted improving profit margins and a rise in accounts receivable, suggesting rising demand. However, despite these positive results, the company's stock experienced a decline in the past five trading days.
Financial Performance:
In the third quarter of 2023, The Bancorp Inc recorded an income per share of $0.92, representing a notable 70.37% increase compared to the same period last year. This growth can be largely a...

The Bancorp Inc Achieves Impressive 67.92% EPS Surge, Outperforming Peers in Commercial Banks Sector in Q2 2023

Financial News Report: The Bancorp Inc Reports Impressive Second Quarter Results and Share Price Gains
The Bancorp Inc recently released its financial report for the second quarter of 2023, demonstrating strong growth and improved profit margins. The company's bottom-line saw a significant jump of 67.92%, with earnings per share increasing to $0.89, compared to $0.88 per share in the same quarter the previous year. This remarkable growth can be attributed to a growing revenue of 38.344%, reaching $116.17 million for the quarter.
In comparison to its industry peers, The Bancorp Inc outperformed significantly in terms of revenue growth. While the two third companies in the Commercial Banks sector saw a...


Date modified: 2023-11-12T05:38:45+00:00





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