Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Bancorp

25/01/2024 22:01

* Bancorp Inc  TBBK.OQ  reported quarterly adjusted earnings
of 81
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 71
cents.  The mean expectation of three analysts for the quarter
was for earnings of 95 cents per share. Wall Street expected
results to range from 94 cents to 96 cents per share.
    * Revenue rose 20.1% to $92.16 million from a year ago;
analysts
expected $90.65 million. 
    * Bancorp Inc's reported EPS for the quarter was 81 cents​.
    * The company reported quarterly net income of $44.03
million.
    * Bancorp Inc shares had risen by 6.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Bancorp Inc is
$49.00 
This summary was machine generated from LSEG data January 25 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.95           0.81           Missed
 Sep. 30 2023      0.93           0.92           Missed
 Jun. 30 2023      0.88           0.89           Beat
 Mar. 31 2023      0.76           0.88           Beat