Bancorp Inc (NASDAQ:TBBK) shares traded 1.19% higher at $58.9 on Wall Street last session.
TBBK stock price is now 12.37% away from the 50-day moving average and 9.89% away from the 200-day moving average. The market capitalization of the company currently stands at $2.75B.
With the price target maintained at $65, Keefe Bruyette recently Downgraded its rating from Outperform to Mkt Perform for Bancorp Inc (NASDAQ: TBBK). On January 30, 2023, Raymond James recently initiated its ‘Outperform’ rating on the stock quoting a target price of $38, while ‘Keefe Bruyette’ rates the stock as ‘Outperform’
In other news, Nager Jeffrey A, EVP Head of Commercial Lending sold 10,000 shares of the company’s stock on Feb 19 ’25. The stock was sold for $601,665 at an average price of $60.17. Upon completion of the transaction, the EVP Head of Commercial Lending now directly owns 98,274 shares in the company, valued at $5.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, Officer Wallace Matthew J bought 2,000 shares of the business’s stock. A total of $119,680 was incurred on buying the stock at an average price of $59.84. A total of 6.17% of the company’s stock is owned by insiders.
During the past 12 months, Bancorp Inc has had a low of $37.65 and a high of $65.84. The fifty day moving average price for TBBK is $52.4152 and a two-hundred day moving average price translates $53.59905 for the stock.
The latest earnings results from Bancorp Inc (NASDAQ: TBBK) was released for 2025-03-31. The net profit margin was 28.86% and return on equity was 26.52% for TBBK. The company reported revenue of $139.8 million for the quarter, compared to $135.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.94 percent.
