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Bancorp

Nasdaq:TBBK
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TBBK
Nasdaq
$513M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

The Bancorp, Inc. operates as the financial holding company for The Bancorp Bank that provides banking products and services in the United States. The last earnings update was 27 days ago. More info.


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TBBK Share Price and Events
7 Day Returns
5.5%
NasdaqGS:TBBK
3%
US Banks
2.3%
US Market
1 Year Returns
-16.7%
NasdaqGS:TBBK
-11%
US Banks
0.9%
US Market
TBBK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bancorp (TBBK) 5.5% 6.2% -8.3% -16.7% 106.8% -52.8%
US Banks 3% 1.6% 0.3% -11% 56.5% 47.8%
US Market 2.3% 4.2% 5.6% 0.9% 43.6% 40.9%
1 Year Return vs Industry and Market
  • TBBK underperformed the Banks industry which returned -11% over the past year.
  • TBBK underperformed the Market in United States of America which returned 0.9% over the past year.
Price Volatility
TBBK
Industry
5yr Volatility vs Market

Value

 Is Bancorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Bancorp. This is due to cash flow or dividend data being unavailable. The share price is $9.08.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bancorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:TBBK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.55
NasdaqGS:TBBK Share Price ** NasdaqGS (2019-02-19) in USD $9.08
United States of America Banks Industry PE Ratio Median Figure of 584 Publicly-Listed Banks Companies 13.45x
United States of America Market PE Ratio Median Figure of 3,044 Publicly-Listed Companies 17.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bancorp.

NasdaqGS:TBBK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:TBBK Share Price ÷ EPS (both in USD)

= 9.08 ÷ 1.55

5.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bancorp is good value based on earnings compared to the US Banks industry average.
  • Bancorp is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Bancorp's expected growth come at a high price?
Raw Data
NasdaqGS:TBBK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
-24.4%per year
United States of America Banks Industry PEG Ratio Median Figure of 261 Publicly-Listed Banks Companies 1.22x
United States of America Market PEG Ratio Median Figure of 2,118 Publicly-Listed Companies 1.41x

*Line of best fit is calculated by linear regression .

NasdaqGS:TBBK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.84x ÷ -24.4%

-0.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bancorp earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bancorp's assets?
Raw Data
NasdaqGS:TBBK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $7.22
NasdaqGS:TBBK Share Price * NasdaqGS (2019-02-19) in USD $9.08
United States of America Banks Industry PB Ratio Median Figure of 587 Publicly-Listed Banks Companies 1.25x
United States of America Market PB Ratio Median Figure of 5,132 Publicly-Listed Companies 1.85x
NasdaqGS:TBBK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:TBBK Share Price ÷ Book Value per Share (both in USD)

= 9.08 ÷ 7.22

1.26x

* Primary Listing of Bancorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bancorp is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess Bancorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bancorp has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Bancorp expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-24.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bancorp expected to grow at an attractive rate?
  • Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Bancorp's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:TBBK Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:TBBK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts -24.4%
NasdaqGS:TBBK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -32.2%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 4.4%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:TBBK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:TBBK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 142 56 3
2019-12-31 132 48 3
NasdaqGS:TBBK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 271 88
2018-09-30 271 86 68
2018-06-30 206 150 14
2018-03-31 207 175 25
2017-12-31 196 -34 17
2017-09-30 168 -36 4
2017-06-30 155 -359 -5
2017-03-31 138 -486 -40
2016-12-31 129 -218 -57
2016-09-30 200 -224 -13
2016-06-30 192 -135 -19
2016-03-31 204 2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Bancorp's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:TBBK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Bancorp Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:TBBK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.99 1.05 0.93 3.00
2019-12-31 0.85 0.90 0.80 3.00
NasdaqGS:TBBK Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.55
2018-09-30 1.21
2018-06-30 0.24
2018-03-31 0.45
2017-12-31 0.31
2017-09-30 0.07
2017-06-30 -0.08
2017-03-31 -0.81
2016-12-31 -1.27
2016-09-30 -0.31
2016-06-30 -0.50
2016-03-31 -0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Bancorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Bancorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bancorp has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bancorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bancorp's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bancorp has delivered over 20% year on year earnings growth in the past 5 years.
  • Bancorp's 1-year earnings growth exceeds its 5-year average (404.9% vs 22.9%)
  • Bancorp's earnings growth has exceeded the US Banks industry average in the past year (404.9% vs 40.1%).
Earnings and Revenue History
Bancorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bancorp Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:TBBK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 271.06 87.54 107.15
2018-09-30 270.75 68.15 125.03
2018-06-30 206.32 13.61 128.20
2018-03-31 206.58 25.06 128.23
2017-12-31 196.21 17.34 126.62
2017-09-30 167.92 3.66 131.80
2017-06-30 154.51 -4.53 133.62
2017-03-31 137.94 -39.89 139.22
2016-12-31 129.09 -56.82 139.90
2016-09-30 199.86 -12.53 136.15
2016-06-30 191.64 -18.72 128.89
2016-03-31 203.52 -3.46 122.02
2015-12-31 167.37 5.36 117.52
2015-09-30 147.14 -0.83 111.90
2015-06-30 148.09 12.63 107.69
2015-03-31 143.84 16.78 104.04
2014-12-31 143.27 21.82 101.28
2014-09-30 141.85 14.24 100.40
2014-06-30 135.91 10.55 96.04
2014-03-31 121.84 9.34 89.95
2013-12-31 122.10 13.52 83.82
2013-09-30 119.05 15.24 76.18
2013-06-30 116.83 16.64 72.58
2013-03-31 120.93 20.06 68.69
2012-12-31 70.93 -5.77 65.76
2012-09-30 106.18 14.68 61.99
2012-06-30 100.17 13.40 58.77
2012-03-31 91.98 10.20 56.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bancorp has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Bancorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bancorp has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bancorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bancorp Company Filings, last reported 1 month ago.

NasdaqGS:TBBK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 406.78 55.17 2.44
2018-09-30 391.87 55.40 69.59
2018-06-30 332.55 55.56 70.57
2018-03-31 329.89 55.74 69.11
2017-12-31 324.15 55.94 645.44
2017-09-30 339.46 56.06 71.63
2017-06-30 331.02 57.06 71.53
2017-03-31 309.77 13.67 742.66
2016-12-31 298.96 276.77 715.96
2016-09-30 339.08 89.05 43.52
2016-06-30 290.28 20.12 43.37
2016-03-31 315.59 18.27 18.75
2015-12-31 320.00 14.33 888.36
2015-09-30 313.70 14.44 41.97
2015-06-30 315.75 15.76 53.34
2015-03-31 322.05 23.06 64.89
2014-12-31 319.02 32.82 833.84
2014-09-30 356.39 34.90 65.36
2014-06-30 372.49 30.88 31.10
2014-03-31 366.17 29.89 40.22
2013-12-31 247.13 34.62 997.25
2013-09-30 353.33 35.81 72.84
2013-06-30 344.19 32.46 61.80
2013-03-31 346.08 30.07 36.94
2012-12-31 336.68 31.99 761.79
2012-09-30 288.99 32.20 4.65
2012-06-30 282.87 35.35 5.56
2012-03-31 278.23 39.31 142.12
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Bancorp has an acceptable proportion of non-loan assets held.
  • Bancorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at Bancorp are broadly funded by customer deposits.
  • Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Bancorp has a sufficient allowance for bad loans.
  • Bancorp has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Bancorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bancorp has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bancorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Bancorp dividends.
If you bought $2,000 of Bancorp shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:TBBK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 467 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:TBBK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Bancorp has not reported any payouts.
  • Unable to verify if Bancorp's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bancorp's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bancorp has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bancorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bancorp has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bancorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Damian Kozlowski
COMPENSATION $1,513,106
AGE 53
TENURE AS CEO 2.8 years
CEO Bio

Mr. Damian M. Kozlowski has been the President of The Bancorp Bank since June 1, 2016. Mr. Kozlowski has been the President and Chief Executive Officer of The Bancorp, Inc. since June 1, 2016. Mr. Kozlowski served as Chairman and Chief Executive Officer of Alpha Capital Financial Group, Inc. from 2007 to 2010. He served as the Chief Executive Officer and President of Modern Bank, NA from 2010 to 2016. He served as Chief Executive Officer of Citigroup Inc. since June 9, 2005. Mr. Kozlowski was responsible for developing Citigroup's growth strategy globally to significantly build position in the high net worth wealth management market. He served as the Global Chief Executive Officer of Citigroup Private Bank from June 2005 to April 2007 and its US Region President from November 2002 to April 2007 with oversight of approximately 1,100 US employees. He served as the Global Chief Operating Officer and Chief Financial Officer from 2001 to 2002 and Global Head of Business Development and Strategy from 2000 to 2001. He was responsible for managing all operating activities and for integrating and unifying business and management processes to continually improve the Private Bank's open-architecture platform. Mr. Kozlowski has extensive experience in the financial services industry in strategy consulting, mergers and acquisitions and new business development. He has focused on creating and implementing strategies that have resulted in significant changes in resource allocation and increased growth in profitability. Prior to joining Citigroup in 2000, Mr. Kozlowski served as Managing Director at Banc of America Securities where he created strategies to grow and reposition its investment banking businesses. He served at Marakon Associates, Rostra Holdings and US Trust. He has been a Director of The Bancorp Bank since June 1, 2016. He has been director of The Bancorp, Inc. since June 1, 2016. He served as a Director of Modern Bank, NA from 2010 to 2016. Mr. Kozlowski holds an MBA from the Wharton School in Finance and Strategic Management and an MS from Boston University in Organizational Behavior and Policy. He holds a BA in Political Science and Psychology from Boston University.

CEO Compensation
  • Damian's compensation has been consistent with company performance over the past year.
  • Damian's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Bancorp management team in years:

2.8
Average Tenure
56
Average Age
  • The tenure for the Bancorp management team is about average.
Management Team

Daniel Cohen

TITLE
Chairman & Executive VP
COMPENSATION
$680K
AGE
49

Damian Kozlowski

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
53
TENURE
2.8 yrs

Paul Frenkiel

TITLE
Executive VP of Strategy
COMPENSATION
$329K
AGE
66
TENURE
9.4 yrs

Joseph McFadden

TITLE
Executive VP & Chief Operations Officer
COMPENSATION
$533K
AGE
78
TENURE
2.6 yrs

John Leto

TITLE
Executive VP & Chief Administrative Officer
COMPENSATION
$958K
AGE
54
TENURE
2.5 yrs

Andres Viroslav

TITLE
Director of Investor Relations

Tom Pareigat

TITLE
Executive VP & General Counsel
COMPENSATION
$372K
AGE
58
TENURE
8 yrs

Rachel Weiss

TITLE
AVP of Marketing & Communications Manager

Jennifer Terry

TITLE
MD & Chief Human Resources Officer
TENURE
0.8 yrs

Tony Meholic

TITLE
Chief Security Officer & Senior VP of Risk Division
TENURE
6.6 yrs
Board of Directors Tenure

Average tenure and age of the Bancorp board of directors in years:

15.1
Average Tenure
56
Average Age
  • The average tenure for the Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Damian Kozlowski

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
53
TENURE
2.7 yrs

John Chrystal

TITLE
Vice Chairman
COMPENSATION
$323K
AGE
59
TENURE
1.8 yrs

Daniel Cohen

TITLE
Chairman & Executive VP
COMPENSATION
$680K
AGE
49
TENURE
20.1 yrs

Jay McEntee

TITLE
Director
COMPENSATION
$172K
AGE
60
TENURE
18.4 yrs

William Lamb

TITLE
Director
COMPENSATION
$158K
AGE
78
TENURE
15.1 yrs

Walt Beach

TITLE
Director
COMPENSATION
$156K
AGE
51
TENURE
20.1 yrs

Mike Bradley

TITLE
Independent Lead Director
COMPENSATION
$192K
AGE
73

Matthew Cohn

TITLE
Director
COMPENSATION
$154K
AGE
48
TENURE
20.1 yrs

Mei-Mei Tuan

TITLE
Director
COMPENSATION
$164K
AGE
51
TENURE
5.6 yrs

Hersh Kozlov

TITLE
Director
COMPENSATION
$158K
AGE
70
TENURE
5.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
31. Aug 18 Buy Joseph McFadden Individual 31. Aug 18 31. Aug 18 1,000 $9.90 $9,900
24. Aug 18 Sell Daniel Cohen Individual 23. Aug 18 24. Aug 18 -25,000 $9.63 $-240,750
08. Aug 18 Sell Daniel Cohen Individual 06. Aug 18 07. Aug 18 -140,000 $9.84 $-1,375,808
11. May 18 Sell Daniel Cohen Individual 10. May 18 11. May 18 -150,000 $11.11 $-1,662,964
01. Mar 18 Sell Hersh Kozlov Individual 01. Mar 18 01. Mar 18 -5,000 $10.58 $-52,909
X
Management checks
We assess Bancorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bancorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Do You Like The Bancorp, Inc. (NASDAQ:TBBK) At This P/E Ratio?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … That is equivalent to an earnings yield of about 18%. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is The Bancorp, Inc. (NASDAQ:TBBK) Potentially Undervalued?

(NASDAQ:TBBK), operating in the financial services industry based in United States,. … As a small cap stock, which tends to lack high analyst coverage, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Let’s take a look at Bancorp’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Have You Considered These Key Risks For The Bancorp, Inc. (NASDAQ:TBBK)?

Economic growth impacts the stability of salaries and interest rate level which in turn affects borrowers’ demand for, and ability to repay, their loans. … Risk associate with repayment is measured by the level of bad debt which is an expense written off Bancorp’s bottom line. … Today I will take you through some bad debt and liability measures to analyse the level of risky assets held by the bank.

Simply Wall St -

Did The Bancorp, Inc. (NASDAQ:TBBK) Insiders Sell Shares?

So we'll take a look at whether insiders have been buying or selling shares in The Bancorp, Inc. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … Over the last year we saw more insider selling of Bancorp shares, than buying

Simply Wall St -

Why These Fundamentals Make The Bancorp Inc’s (NASDAQ:TBBK) More Attractive

Post-GFC recovery brought about a new set of reforms, Basel III, which was created to improve regulation, supervision and risk management in the financial services industry. … These reforms target bank level regulation and aims to improve the banking sector’s ability to absorb shocks arising from economic stress which could expose financial institutions to vulnerabilities. … Unpredictable macro events such as political instability could weaken its financial position which is why it is important to understand how well the bank manages its risk levels.

Simply Wall St -

Is The Bancorp Inc's (NASDAQ:TBBK) CEO Pay Justified?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Damian Kozlowski's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that The Bancorp Inc has a market cap of US$594m, and is paying total annual CEO compensation of US$2m.

Simply Wall St -

Is The Bancorp Inc (NASDAQ:TBBK) Attractive At This PE Ratio?

The Bancorp Inc (NASDAQ:TBBK) is currently trading at a trailing P/E of 39.2, which is higher than the industry average of 16.8. … While this might not seem positive, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … I will break down what the P/E ratio is, how to interpret it and what other factors to keep in mind

Simply Wall St -

Is The Bancorp Inc (NASDAQ:TBBK) Undervalued?

saw significant share price volatility over the past couple of months on the NasdaqGS, rising to the highs of $11.77 and falling to the lows of $9.62. … A question to answer is whether Bancorp's current trading price of $9.62 reflective of the actual value of the? … Let’s take a look at Bancorp’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Does The Bancorp Inc (NASDAQ:TBBK) Go Up With The Market?

If you are looking to invest in The Bancorp Inc’s (NASDAQ:TBBK), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … The second risk is market-wide, which arises from investing in the stock market. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.

Simply Wall St -

Can The Bancorp Inc (NASDAQ:TBBK) Survive The Next Financial Crisis?

Since banks make money by reinvesting its customers’ deposits in the form of loans, strong economic growth will drive the level of savings deposits and demand for loans, directly impacting the cash flows of those banks. … These reforms target bank level regulation and aims to improve the banking sector’s ability to absorb shocks arising from economic stress which could expose financial institutions to vulnerabilities. … Strong management of leverage and liquidity could place the bank in a protected position at the face of macro headwinds.

Simply Wall St -

Company Info

Map
Description

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 accounts, savings accounts, money market accounts, commercial accounts, and retirement accounts. It also provides securities backed lines of credit, vehicle fleet and other equipment leasing, small business administration loans, and commercial mortgage backed securities, as well as prepaid and debit cards. In addition, it offers private label banking; credit and debit card payment processing for independent service organizations; institutional banking; and Internet banking services. The Bancorp, Inc. was founded in 1999 and is based in Wilmington, Delaware.

Details
Name: The Bancorp, Inc.
TBBK
Exchange: NasdaqGS
Founded: 1999
$512,530,479
56,446,088
Website: http://www.thebancorp.com
Address: The Bancorp, Inc.
409 Silverside Road,
Wilmington,
Delaware, 19809,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS TBBK Common Stock Nasdaq Global Select US USD 03. Feb 2004
Number of employees
Current staff
Staff numbers
538
Bancorp employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/20 05:51
End of day share price update: 2019/02/19 00:00
Last estimates confirmation: 2019/01/29
Last earnings filing: 2019/01/24
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.