The Bancorp, Inc. (NASDAQ:TBBK) is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.37 per share.
Looking ahead, the full year income are expected at $ 1.30 per share on the revenues of $ 193.69 million.
Previous Quarter Performance
The Bancorp, Inc. disclosed income for the second quarter of $ 0.35 per share, from the revenue of $ 50.25 million. The quarterly earnings boosted 75.00 percent while revenues grew 45.48 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.28 per share from $ 39.50 million in revenue. The bottom line results beat street analysts by $ 0.07 or 25.00 percent, at the same time, top line results outshined analysts by $ 10.75 million or 27.22 percent.
Stock Performance
Shares of The Bancorp, Inc. traded low $ -0.38 or -4.13 percent on Wednesday, reaching $ 8.71 with volume of 216.20 thousand shares. The Bancorp, Inc. has traded high as $ 9.04 and has cracked $ 8.69 on the downward trend
According to the previous trading day, closing price of $ 8.71, representing a 170.24 % increase from the 52 week low of $ 3.36 and a 33.87 % decrease over the 52 week high of $ 13.73.
The company has a market capital of $ 501.33 million and is part of the Financial Services sector and Banks – Regional – US industry.
The Bancorp, Inc. operates as the financial holding company for The Bancorp Bank that provides banking products and services in the United States. The company offers a range of deposit products and services, including checking, savings, money market, commercial, and retirement accounts.
