$TBBK Market Cap: $1.959 Billion
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Financial Snapshot

Revenue
$412.8M
TTM
Gross Margin
Net Earnings
$217.5M
TTM
Current Assets
Current Liabilities
$109.6M
Q4 2024
Current Ratio
Total Assets
$8.728B
Q4 2024
Total Liabilities
$7.938B
Q4 2024
Book Value
$789.8M
Q4 2024
Cash
$570.1M
Q4 2024
P/E
9.004
Nov 29, 2024 EST
Free Cash Flow
$224.6M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $116.8M $509.5M $308.3M $222.1M $210.8M $179.6M $148.0M $122.0M $102.2M
YoY Change -77.08% 65.27% 38.8% 5.38% 17.38% 21.36% 21.26% 19.37%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $116.8M $509.5M $308.3M $222.1M $210.8M $179.6M $148.0M $122.0M $102.2M
Cost Of Revenue $81.00K $117.0K $170.0K $1.044M
Gross Profit $179.5M $147.8M $121.9M $101.2M
Gross Profit Margin 99.95% 99.92% 99.86% 98.98%

Selling, General & Admin Expense

No data

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $1.373M $1.793M $1.982M
YoY Change -23.42% -9.54%
% of Gross Profit 0.93% 1.47% 1.96%
Depreciation & Amortization $4.200M $3.100M $2.900M $2.900M $3.200M $3.700M $4.000M $4.500M $5.000M $5.930M $5.730M $4.840M $4.430M $4.030M $4.070M $3.880M $3.480M $1.640M $2.000M $910.0K $820.0K $780.0K $910.0K
YoY Change 35.48% 6.9% 0.0% -9.38% -13.51% -7.5% -11.11% -10.0% -15.68% 3.49% 18.39% 9.26% 9.93% -0.98% 4.9% 11.49% 112.2% -18.0% 119.78% 10.98% 5.13% -14.29% 21.33%
% of Gross Profit 2.06% 2.71% 3.69% 4.94%
Operating Expenses $1.373M $1.793M $1.982M
YoY Change -23.42% -9.54%
Operating Profit $146.5M $120.1M $99.19M
YoY Change 22.0% 21.03%
Operating Profit To Gross Profit 99.07% 98.53% 98.04%
Operating Profit To Revenue 98.99% 98.39% 97.04%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Interest Expense $155.5M $59.45M $11.24M $15.92M $38.28M $27.11M $15.34M $12.25M
YoY Change 161.47% 429.0% -29.39% -58.42% 41.2% 76.73% 25.19%
% of Operating Profit 18.51% 12.78% 12.35%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Pretax Income $292.2M $256.8M $177.9M $144.2M $108.3M $72.49M $119.8M $40.39M -$69.48M $6.800M $7.300M $20.30M -$9.300M $13.20M $7.800M $6.400M -$63.30M $23.70M $20.80M $11.60M $2.800M $900.0K -$500.0K
YoY Change 13.78% 44.32% 23.41% 33.14% 49.37% -39.48% 196.53% -158.14% -1121.78% -6.85% -64.04% -318.28% -170.45% 69.23% 21.88% -110.11% -367.09% 13.94% 79.31% 314.29% 211.11% -280.0% -84.85%
Income Tax $74.62M $64.48M $47.70M $33.72M $27.69M $21.23M $32.24M $23.06M -$12.66M $1.500M -$14.50M $6.800M -$3.500M $4.300M $2.500M $2.200M -$20.90M $9.300M $8.300M $4.200M -$900.0K -$200.0K -$500.0K
% Of Pretax Income 25.54% 25.11% 26.81% 23.39% 25.57% 29.28% 26.92% 57.08% 22.06% -198.63% 33.5% 32.58% 32.05% 34.38% 39.24% 39.9% 36.21% -32.14% -22.22%
Net Earnings $217.5M $192.3M $130.2M $110.7M $80.08M $51.56M $88.68M $21.67M -$96.49M $13.40M $57.10M -$14.40M -$43.20M $8.900M $5.200M $4.100M -$42.40M $14.30M $12.50M $7.400M $3.700M $1.100M $0.00
YoY Change 13.13% 47.68% 17.68% 38.17% 55.32% -41.86% 309.16% -122.46% -820.09% -76.53% -496.53% -66.67% -585.39% 71.15% 26.83% -109.67% -396.5% 14.4% 68.92% 100.0% 236.36% -100.0%
Net Earnings / Revenue 186.25% 37.74% 42.24% 49.82% 37.99% 28.71% 59.93% 17.76% -94.4%
Basic Earnings Per Share $4.35 $3.52 $2.30 $1.93 $1.39 $0.91 $1.57 $0.39 -$2.17
Diluted Earnings Per Share $4.29 $3.49 $2.274M $1.88 $1.37 $0.90 $1.55 $0.39 -$2.17 $351.7K $1.491M -$385.0K -$1.301M $279.0K $198.5K $212.4K -$2.904M $993.1K $874.1K $560.6K $355.8K $275.0K $0.00

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $27.57M $27.47M $18.40M $16.20M $17.60M $17.50M $18.90M $20.10M $24.10M $21.60M $17.70M $15.70M $10.40M $8.400M $8.800M $7.900M $8.300M $6.700M $4.000M $3.800M $3.000M $2.400M $2.700M
YoY Change 0.33% 49.31% 13.59% -7.95% 0.57% -7.41% -5.97% -16.6% 11.57% 22.03% 12.74% 50.96% 23.81% -4.55% 11.39% -4.82% 23.88% 67.5% 5.26% 26.67% 25.0% -11.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $31.30M $39.20M $59.30M $74.50M $126.9M $178.5M $193.6M $0.00
YoY Change -20.15% -33.9% -20.4% -41.29% -28.91% -7.8%
Other Assets $18.87M $21.22M $19.70M $12.70M $9.800M $12.50M $21.60M $34.80M $55.70M $36.20M $921.6M $1.239B $22.80M $21.90M $24.40M $20.90M $22.80M $4.300M
YoY Change -11.05% 7.69% 55.14% 29.59% -21.6% -42.13% -37.93% -37.52% 53.87% -96.07% -25.62% 5334.65% 4.11% -10.25% 16.75% -8.33% 430.23%
Total Long-Term Assets
YoY Change
Total Assets $8.728B $7.706B $7.903B $6.843B $6.277B $5.657B $4.438B $4.708B $4.858B $4.766B $4.986B $4.594B $3.700B $3.011B $2.396B $2.044B $1.792B $1.568B $1.335B $917.5M $576.3M $304.2M $234.0M
YoY Change
Accounts Payable $100.0K $100.0K $400.0K $2.500M $4.900M $6.500M $800.0K $400.0K $200.0K $400.0K
YoY Change 0.0% -75.0% -84.0% -48.98% -24.62% 712.5% 100.0% 100.0% -50.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $42.00K $42.00K $0.00 $0.00 $100.0K $100.0K $200.0K $300.0K $900.0K $19.40M $21.20M $18.50M $33.20M $150.4M $102.6M $70.40M $93.80M $108.1M $46.90M $60.10M $0.00 $1.000M
YoY Change -100.0% 0.0% -100.0% 0.0% -50.0% -33.33% -66.67% -95.36% -8.49% 14.59% -44.28% -77.93% 46.59% 45.74% -24.95% -13.23% 130.49% -21.96% -100.0%
Long-Term Debt Due $109.6M $13.40M $13.40M $13.40M
YoY Change 717.96% 0.0% 0.01%
Total Short-Term Liabilities $109.6M $42.00K $13.40M $13.40M $100.0K $100.0K $200.0K $300.0K $900.0K $19.40M $21.20M $18.50M $100.0K $100.0K $400.0K $2.500M $4.900M $6.500M $800.0K $400.0K $200.0K $400.0K
YoY Change 260888.1% -99.69% 0.01% 0.0% -50.0% -33.33% -66.67% -95.36% -8.49% 14.59% 18400.0% 0.0% -75.0% -84.0% -48.98% -24.62% 712.5% 100.0% 100.0% -50.0%
Long-Term Debt $14.08M $147.8M $122.5M $138.2M $152.0M $54.40M $55.10M $55.70M $276.5M $13.40M $13.40M $13.40M $13.40M $13.40M $13.40M $13.40M $13.40M $13.40M $0.00 $0.00 $5.400M $5.300M $0.00
YoY Change -90.47% 20.69% -11.38% -9.08% 179.41% -1.27% -1.08% -79.86% 1963.43% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -100.0% 1.89%
Other Long-Term Liabilities $68.02M $69.64M $56.34M $62.20M $81.60M $66.00M $40.30M $67.20M $44.10M $16.70M $12.70M $38.90M $17.80M $10.00M $8.800M $27.50M $5.800M $1.700M $2.100M $2.300M $900.0K $300.0K $200.0K
YoY Change -2.33% 23.62% -9.43% -23.77% 23.64% 63.77% -40.03% 52.38% 164.07% 31.5% -67.35% 118.54% 78.0% 13.64% -68.0% 374.14% 241.18% -19.05% -8.7% 155.56% 200.0% 50.0%
Total Long-Term Liabilities $82.10M $217.5M $178.8M $200.4M $233.6M $120.4M $95.40M $122.9M $320.6M $30.10M $26.10M $52.30M $31.20M $23.40M $22.20M $40.90M $19.20M $15.10M $2.100M $2.300M $6.300M $5.600M $200.0K
YoY Change -62.25% 21.61% -10.77% -14.21% 94.02% 26.21% -22.38% -61.67% 965.12% 15.33% -50.1% 67.63% 33.33% 5.41% -45.72% 113.02% 27.15% 619.05% -8.7% -63.49% 12.5% 2700.0%
Total Liabilities $7.938B $6.898B $7.209B $6.191B $5.696B $5.173B $4.031B $4.384B $4.559B $4.446B $4.667B $4.347B $3.363B $2.739B $2.197B $1.798B $1.612B $1.392B $1.186B $782.5M $454.9M $282.5M $213.6M
YoY Change 15.07% -4.31% 16.45% 8.69% 10.12% 28.31% -8.05% -3.84% 2.55% -4.75% 7.38% 29.24% 22.77% 24.69% 22.16% 11.56% 15.8% 17.39% 51.55% 72.02% 61.03% 32.26%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Basic Shares Outstanding 50.06M 54.51M 56.56M 57.19M 57.47M 56.77M 56.34M 55.69M 44.57M 37.43M
Diluted Shares Outstanding 50.71M 55.05M 57.27M 58.83M 58.41M 57.34M 57.07M 56.18M 44.57M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.9587 Billion

About Bancorp Inc

The Bancorp, Inc. is a financial holding company, which engages in the provision of private label banking and financial services through the Bank. The company is headquartered in Wilmington, Delaware and currently employs 771 full-time employees. The company went IPO on 2004-02-02. Its segments include payments, specialty finance and corporate. The payments segment includes the deposit balances and non-interest income generated by prepaid, debit and other card accessed accounts, ACH processing and other payments related processing. The company also includes loan balances and interest and non-interest income from credit products generated through payment relationships. Specialty finance segment includes real estate bridge lending (REBL) comprised primarily of apartment building rehabilitation loans; institutional banking comprised primarily of security-backed lines of credit, cash value insurance policy-backed lines of credit and advisor financing, and commercial loans comprised primarily of SBA loans and direct lease financing.

Industry: National Commercial Banks Peers: Berkshire Hills Bancorp Inc Dime Community Bancshares, Inc. /NY/ City Holding Co First Bancorp (North Carolina) First Busey Corp First Commonwealth Financial Corp National Bank Holdings Corp PNC Financial Services Group Inc S&T Bancorp Inc Triumph Financial Inc