Media coverage about The Bancorp (NASDAQ:TBBK) has been trending positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The Bancorp earned a news sentiment score of 0.33 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 45.2846254025651 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

The Bancorp (NASDAQ TBBK) traded down 1.08% during mid-day trading on Friday, reaching $7.36. 221,858 shares of the company’s stock were exchanged. The company’s market cap is $410.37 million. The Bancorp has a 52-week low of $4.41 and a 52-week high of $8.20. The stock has a 50-day moving average price of $7.62 and a 200 day moving average price of $6.17.

The Bancorp (NASDAQ:TBBK) last issued its quarterly earnings results on Thursday, July 27th. The bank reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. The company had revenue of $45.39 million during the quarter, compared to analysts’ expectations of $42.40 million. The Bancorp had a negative net margin of 16.27% and a negative return on equity of 4.27%. Equities analysts predict that The Bancorp will post $0.48 earnings per share for the current fiscal year.

A number of analysts have issued reports on TBBK shares. TheStreet cut shares of The Bancorp from a “c-” rating to a “d” rating in a research note on Monday, April 24th. BTIG Research upgraded shares of The Bancorp from a “neutral” rating to a “buy” rating and set a $8.00 target price for the company in a research note on Monday, May 1st. Zacks Investment Research upgraded shares of The Bancorp from a “hold” rating to a “buy” rating and set a $7.00 target price for the company in a research note on Wednesday, June 7th. ValuEngine upgraded shares of The Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Finally, Piper Jaffray Companies reiterated a “hold” rating and issued a $6.50 target price on shares of The Bancorp in a research note on Friday, July 14th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The Bancorp has a consensus rating of “Buy” and a consensus target price of $7.75.

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In other news, Director Walter T. Beach sold 33,640 shares of the stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $6.26, for a total value of $210,586.40. Following the completion of the sale, the director now owns 362,829 shares of the company’s stock, valued at approximately $2,271,309.54. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Walter T. Beach sold 106,784 shares of the stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $7.74, for a total value of $826,508.16. Following the completion of the sale, the director now directly owns 122,640 shares of the company’s stock, valued at approximately $949,233.60. The disclosure for this sale can be found here. In the last three months, insiders bought 104,498 shares of company stock valued at $687,987 and sold 286,973 shares valued at $1,935,818. Corporate insiders own 12.40% of the company’s stock.

The Bancorp Company Profile

The Bancorp, Inc is a financial holding company and its primary subsidiary is The Bancorp Bank (the Bank). The Company has four primary lines of specialty lending: securities backed lines of credit (SBLOC), automobile fleet and other equipment leasing, Small Business Administration (SBA), loans and loans generated for sale into capital markets primarily through both commercial mortgage backed securities (CMBS) and collateralized loan obligations (CLOs).

Insider Buying and Selling by Quarter for The Bancorp (NASDAQ:TBBK)

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