Bancorp
Market Cap
US$1.3b
Last Updated
2021/04/11 23:04 UTC
Data Sources
Company Financials +
Executive Summary
The Bancorp, Inc. operates as the financial holding company for The Bancorp Bank that provides banking products and services in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TBBK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: TBBK's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
3.2%
TBBK
1.2%
US Banks
2.1%
US Market
1 Year Return
215.5%
TBBK
56.9%
US Banks
56.3%
US Market
Return vs Industry: TBBK exceeded the US Banks industry which returned 56.9% over the past year.
Return vs Market: TBBK exceeded the US Market which returned 56.3% over the past year.
Shareholder returns
| TBBK | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.2% | 1.2% | 2.1% |
| 30 Day | -7.4% | 1.2% | 2.4% |
| 90 Day | 44.9% | 17.4% | 6.1% |
| 1 Year | 215.5%215.5% | 62.1%56.9% | 59.1%56.3% |
| 3 Year | 104.5%104.5% | 27.2%16.3% | 65.7%55.1% |
| 5 Year | 279.8%279.8% | 105.6%79.7% | 122.3%97.6% |
Long-Term Price Volatility Vs. Market
How volatile is Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Does Bancorp (NASDAQ:TBBK) Deserve A Spot On Your Watchlist?2 months ago | Simply Wall St
Announcing: Bancorp (NASDAQ:TBBK) Stock Increased An Energizing 269% In The Last Five Years3 months ago | Simply Wall St
I Built A List Of Growing Companies And Bancorp (NASDAQ:TBBK) Made The CutValuation
Is Bancorp undervalued compared to its fair value and its price relative to the market?
25.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TBBK ($21.8) is trading below our estimate of fair value ($29.16)
Significantly Below Fair Value: TBBK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TBBK is poor value based on its PE Ratio (15.5x) compared to the US Banks industry average (13.3x).
PE vs Market: TBBK is good value based on its PE Ratio (15.5x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: TBBK is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: TBBK is overvalued based on its PB Ratio (2.2x) compared to the US Banks industry average (1.1x).
Future Growth
How is Bancorp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
16.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TBBK's forecast earnings growth (16% per year) is above the savings rate (2%).
Earnings vs Market: TBBK's earnings (16% per year) are forecast to grow slower than the US market (18.6% per year).
High Growth Earnings: TBBK's earnings are forecast to grow, but not significantly.
Revenue vs Market: TBBK's revenue is expected to decline over the next 3 years (-9.5% per year).
High Growth Revenue: TBBK's revenue is forecast to decline over the next 3 years (-9.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TBBK's Return on Equity is forecast to be low in 3 years time (16.5%).
Past Performance
How has Bancorp performed over the past 5 years?
52.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TBBK has high quality earnings.
Growing Profit Margin: TBBK's current net profit margins (29.5%) are higher than last year (21.3%).
Past Earnings Growth Analysis
Earnings Trend: TBBK's earnings have grown significantly by 52.6% per year over the past 5 years.
Accelerating Growth: TBBK's earnings growth over the past year (57.3%) exceeds its 5-year average (52.6% per year).
Earnings vs Industry: TBBK earnings growth over the past year (57.3%) exceeded the Banks industry 1.4%.
Return on Equity
High ROE: TBBK's Return on Equity (13.9%) is considered low.
Financial Health
How is Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TBBK's Assets to Equity ratio (10.8x) is moderate.
Allowance for Bad Loans: TBBK has a sufficient allowance for bad loans (126%).
Low Risk Liabilities: 96% of TBBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: TBBK has an appropriate level of Loans to Assets ratio (42%).
Low Risk Deposits: TBBK's Loans to Deposits ratio (48%) is appropriate.
Level of Bad Loans: TBBK has an appropriate level of bad loans (0.5%).
Dividend
What is Bancorp current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TBBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TBBK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TBBK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TBBK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TBBK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Damian Kozlowski (55 yo)
4.92yrs
Tenure
US$4,665,714
Compensation
Mr. Damian M. Kozlowski has been the President and Chief Executive Officer of The Bancorp Bank since June 1, 2016. Mr. Kozlowski has been the President and Chief Executive Officer of The Bancorp, Inc. sinc...
CEO Compensation Analysis
Compensation vs Market: Damian's total compensation ($USD4.67M) is about average for companies of similar size in the US market ($USD3.67M).
Compensation vs Earnings: Damian's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: TBBK's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: TBBK's board of directors are considered experienced (7.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TBBK insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Bancorp, Inc.
- Ticker: TBBK
- Exchange: NasdaqGS
- Founded: 1999
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.263b
- Shares outstanding: 57.94m
- Website: https://www.thebancorp.com
Number of Employees
Location
- The Bancorp, Inc.
- 409 Silverside Road
- Suite 105
- Wilmington
- Delaware
- 19809
- United States
Listings
Biography
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 service...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 23:04 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.