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

Bancorp

27/07/2023 22:38

* Bancorp Inc  TBBK.OQ  reported quarterly adjusted earnings
of 89
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 88 cents per share.
    * Revenue rose 59.8% to $87.20 million from a year ago;
analysts
expected $87.09 million. 
    * Bancorp Inc's reported EPS for the quarter was 89 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Bancorp Inc shares had risen by 24.3% this quarter and
gained 43.0% so far this year.
    * The company reported quarterly net income of $49.01
million.
    * Wall Street's median 12-month price target for Bancorp Inc
is
$42.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 09:38 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.88           0.89           Beat
 Mar. 31 2023      0.76           0.88           Beat
 Dec. 31 2022      0.70           0.71           Beat
 Sep. 30 2022      0.59           0.54           Missed