The Bancorp, Inc. $TBBK Stock Position Reduced by James Investment Research Inc.

James Investment Research Inc. decreased its position in The Bancorp, Inc. (NASDAQ:TBBK) by 23.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 51,379 shares of the bank’s stock after selling 15,777 shares during the quarter. James Investment Research Inc.’s holdings in Bancorp were worth $2,474,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TBBK. SummerHaven Investment Management LLC acquired a new stake in shares of Bancorp during the 3rd quarter worth about $1,017,000. Congress Asset Management Co. grew its holdings in shares of Bancorp by 21.3% during the third quarter. Congress Asset Management Co. now owns 347,585 shares of the bank’s stock worth $16,740,000 after buying an additional 61,054 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Bancorp by 177.3% in the third quarter. Versant Capital Management Inc now owns 1,198 shares of the bank’s stock valued at $58,000 after buying an additional 766 shares during the last quarter. Tidal Investments LLC raised its position in shares of Bancorp by 51.1% in the second quarter. Tidal Investments LLC now owns 23,723 shares of the bank’s stock valued at $1,486,000 after buying an additional 8,021 shares during the last quarter. Finally, WINTON GROUP Ltd raised its position in shares of Bancorp by 4.6% in the second quarter. WINTON GROUP Ltd now owns 23,675 shares of the bank’s stock valued at $1,483,000 after buying an additional 1,032 shares during the last quarter. 96.22% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TBBK shares. Raymond James Financial set a $88.00 price objective on shares of Bancorp in a research note on Friday, August 7th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $79.00 target price (up from $77.00) on shares of Bancorp in a research note on Monday, August 3rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $60.00 price target on shares of Bancorp in a report on Tuesday. DA Davidson set a $64.00 price target on Bancorp in a research note on Tuesday. Finally, Bank of America reissued a “buy” rating on shares of Bancorp in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Bancorp presently has an average rating of “Moderate Buy” and a consensus target price of $67.75.

Insider Activity

In related news, CAO Martin Egan sold 3,057 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $72.03, for a total value of $220,195.71. Following the completion of the sale, the chief accounting officer directly owned 30,219 shares in the company, valued at approximately $2,176,674.57. The trade was a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 6.00% of the company’s stock.

Bancorp Stock Down 0.5%

Shares of NASDAQ:TBBK opened at $50.86 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.30. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 9.56 and a beta of 1.25. The stock’s 50-day moving average price is $55.40 and its two-hundred day moving average price is $58.98. The Bancorp, Inc. has a 12-month low of $47.01 and a 12-month high of $80.56.

Bancorp (NASDAQ:TBBK) last posted its quarterly earnings data on Thursday, July 30th. The bank reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.09. The company had revenue of $137.74 million during the quarter, compared to the consensus estimate of $166.69 million. Bancorp had a net margin of 27.72% and a return on equity of 32.32%. Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. On average, research analysts forecast that The Bancorp, Inc. will post 5.97 EPS for the current year.

About Bancorp

The Bancorp, Inc (NASDAQ:TBBK) is a financial technology-focused bank holding company headquartered in Wilmington, Delaware. Through its principal subsidiary, The Bancorp Bank, N.A., the company provides banking and payment services primarily through partnerships with fintech companies, businesses, and other institutional clients rather than through a traditional branch network.

The company’s services include payment processing, prepaid and debit card programs, card issuance, automated clearing house (ACH) and other electronic payment solutions, deposit accounts, and commercial lending.