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Bancorp Inc (TBBK)
NASDAQ:TBBK
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.24Last Year’s EPS
1.06Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 30, 2025
|% Change Since: 4.13%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a robust performance for The Bancorp in fiscal 2024, driven by substantial EPS growth and fintech expansion. Despite some challenges such as interest margin compression and increased expenses, the company shows confidence with affirmed 2025 guidance and reduced substandard loans.Company Guidance
During The Bancorp, Inc.'s Q4 and Fiscal 2024 earnings call, the company reported a significant increase in earnings per share (EPS), reaching $1.15 for the fourth quarter and $4.29 for the full year, reflecting a year-over-year increase of 41% for the quarter and 23% for the year. This growth was driven by an 8% rise in total revenue, boosted by fintech fees, which saw an 18% annual growth, and a substantial 29% increase in the fourth quarter. Gross Dollar Volume (GDV) expanded by 15% over the year, with a notable 19% jump in the fourth quarter. Additionally, the company executed a $250 million share buyback, reducing shares by approximately 10%. The Fintech Solutions Group demonstrated robust profitability, with credit sponsorship fees growing 91% quarter-over-quarter, and the company anticipates credit sponsorship balances to approach $1 billion by the end of 2025. Despite a fourth-quarter net interest margin decrease to 4.55%, the company maintains strong loan coverage and expects further reductions in substandard loans. Looking forward, Bancorp affirms a 2025 EPS guidance of $5.25, excluding anticipated $150 million in share buybacks to address $96 million of senior secured debt repayment.Strong EPS Growth
The Bancorp reported an EPS of $1.15 for Q4 and $4.29 for the full year 2024. This represents a year-over-year increase of 41% for the quarter and 23% for the full year.
Significant Fintech Growth
Fintech fees grew by 18% for the year and 29% for Q4 year-over-year. GDV grew 15% over the prior year, with a 19% increase in Q4.
Reduction in Substandard Loans
Year-end substandard loans in the REBL portfolio declined by 14% compared to September 30, 2024, due to a loan portfolio sale.
Affirmed 2025 Guidance
Guidance for 2025 is set at $5.25 per share, not including $150 million of share buybacks planned for 2025.
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TBBK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TBBK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 30, 2025 | $57.64 | $61.06 | +5.93% |
| Oct 24, 2024 | $54.96 | $47.01 | -14.47% |
| Jul 25, 2024 | $51.30 | $52.04 | +1.44% |
| Apr 25, 2024 | $33.41 | $30.80 | -7.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bancorp Inc (TBBK) report earnings?
Bancorp Inc (TBBK) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Bancorp Inc (TBBK) earnings time?
Bancorp Inc (TBBK) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TBBK EPS forecast?
TBBK EPS forecast for the fiscal quarter 2025 (Q1) is 1.24.
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