NASDAQ : TBBK
The Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 46.75 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.91B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 444.38M | 448.03M | 458.82M | 436.65M | 275.84M | 192.64M |
| Interest Income on Investments | 85.03M | 103.34M | 92.78M | 72.86M | 32.46M | 29.48M |
| Total Interest Income | 529.41M | 551.37M | 551.59M | 509.51M | 308.30M | 222.12M |
| Interest Paid on Deposits | 139.38M | 162.75M | 164.37M | 148.53M | 51.14M | 5.62M |
| Interest Paid on Borrowings | 28.61M | 13.11M | 10.98M | 6.93M | 8.32M | 5.62M |
| Total Interest Expense | 167.99M | 175.86M | 175.35M | 155.46M | 59.45M | 11.24M |
| Net Interest Income | 361.43M | 375.51M | 376.24M | 354.05M | 248.84M | 210.88M |
| Other Non-Interest Income | 311.70M | 326.52M | 154.78M | 108.35M | 92.15M | 89.86M |
| Total Non-Interest Income | 311.91M | 328.33M | 157.51M | 112.09M | 105.68M | 104.75M |
| Revenues Before Loan Losses | 673.34M | 703.84M | 533.75M | 466.15M | 354.52M | 315.62M |
| Provision for Loan Losses | 135.74M | 177.69M | 38.37M | 18.33M | 7.11M | 3.11M |
| Revenue | 537.60M | 526.15M | 495.38M | 447.82M | 347.42M | 312.51M |
| Salaries and Employee Benefits | 124.90M | 122.95M | 116.61M | 109.66M | 97.78M | 97.37M |
| Occupancy Expenses | 4.65M | 4.65M | 4.16M | 3.07M | 2.90M | 2.90M |
| Federal Deposit Insurance | 5.45M | 4.54M | 3.58M | 2.96M | 3.27M | 5.59M |
| Amortization of Goodwill & Intangibles | 398.00K | |||||
| Selling, General & Administrative | 67.19M | 65.33M | 53.81M | 49.87M | 43.29M | 45.65M |
| Other Non-Interest Expense | 21.93M | 23.64M | 24.78M | 25.48M | 19.36M | 16.44M |
| Total Non-Interest Expense | 224.12M | 221.11M | 202.94M | 191.04M | 166.60M | 168.35M |
| EBT Excluding Unusual Items | 313.47M | 305.04M | 292.44M | 256.77M | 180.82M | 144.16M |
| Legal Settlements | -1.90M | -2.00M | -284.00K | -1.15M | ||
| Other Unusual Items | -1.75M | |||||
| Pretax Income | 306.37M | 303.04M | 292.16M | 256.77M | 177.91M | 144.16M |
| Income Tax Expense | 66.58M | 74.82M | 74.62M | 64.48M | 47.70M | 33.72M |
| Earnings From Continuing Operations | 239.80M | 228.21M | 217.54M | 192.30M | 130.21M | 110.44M |
| Earnings From Discontinued Operations | 212.00K | |||||
| Net Income | 239.80M | 228.21M | 217.54M | 192.30M | 130.21M | 110.65M |
| Net Income to Common | 239.80M | 228.21M | 217.54M | 192.30M | 130.21M | 110.65M |
| Basic Shares Outstanding | 41.92M | 45.77M | 50.06M | 54.51M | 56.56M | 57.19M |
| Diluted Shares Outstanding | 42.39M | 46.42M | 50.71M | 55.05M | 57.27M | 58.83M |
| EPS (Basic) | 5.72 | 4.99 | 4.35 | 3.53 | 2.30 | 1.93 |
| EPS (Diluted) | 5.67 | 4.92 | 4.29 | 3.49 | 2.27 | 1.88 |
| Effective Tax Rate | 21.73% | 24.69% | 25.54% | 25.11% | 26.81% | 23.39% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 88.36M | 8.04M | 6.06M | 4.82M | 24.06M | 5.38M |
| Investment Securities | 287.77M | 280.08M | 406.48M | 417.60M | 456.47M | |
| Trading Asset Securities | 285.00K | |||||
| Mortgage-Backed Securities | 1.52B | 1.38B | 1.22B | 341.06M | 348.42M | 497.24M |
| Total Investments | 1.52B | 1.67B | 1.50B | 747.82M | 766.02M | 953.71M |
| Gross Loans | 7.26B | 7.12B | 6.11B | 5.36B | 5.49B | 3.75B |
| Allowance for Loan Losses | -63.48M | -66.20M | -44.85M | -27.38M | -22.37M | -17.81M |
| Net Loans | 7.19B | 7.05B | 6.07B | 5.33B | 5.46B | 3.73B |
| Property, Plant & Equipment | 29.83M | 27.57M | 27.47M | 18.40M | 16.16M | |
| Goodwill | 263.00K | 263.00K | 263.00K | 263.00K | 263.00K | |
| Other Intangible Assets | 3.89M | 5.99M | 6.09M | 7.39M | 7.88M | |
| Loans Held for Sale | 105.93M | 139.39M | 223.12M | 332.77M | 589.14M | 1.39B |
| Accrued Interest Receivable | 46.62M | 43.09M | 41.71M | 37.53M | 32.01M | 17.87M |
| Restricted Cash | 104.61M | 564.06M | 1.03B | 864.13M | 596.40M | |
| Other Current Assets | 3.27M | |||||
| Long-Term Deferred Tax Assets | 38.59M | 18.68M | 18.87M | 21.22M | 19.70M | 12.67M |
| Other Real Estate Owned & Foreclosed | 70.73M | 60.70M | 62.02M | 16.95M | 21.21M | 18.87M |
| Other Long-Term Assets | 291.56M | 196.50M | 190.60M | 128.14M | 83.58M | 91.27M |
| Total Assets | 9.43B | 9.35B | 8.73B | 7.71B | 7.90B | 6.84B |
| Interest Bearing Deposits | 7.34B | 8.17B | 7.75B | 6.68B | 6.70B | 5.98B |
| Institutional Deposits | 330.00M | |||||
| Total Deposits | 7.34B | 8.17B | 7.75B | 6.68B | 7.03B | 5.98B |
| Short-Term Borrowings | 1.11B | 199.00M | 42.00K | 42.00K | 42.00K | |
| Current Portion of Long-Term Debt | 96.21M | |||||
| Current Portion of Leases | 4.22M | |||||
| Long-Term Debt | 201.03M | 209.97M | 14.08M | 134.42M | 109.08M | 138.20M |
| Long-Term Leases | 15.74M | |||||
| Trust Preferred Securities | 13.40M | 13.40M | 13.40M | 13.40M | 13.40M | 13.40M |
| Other Long-Term Liabilities | 87.30M | 54.81M | 68.02M | 69.64M | 56.34M | 62.23M |
| Total Liabilities | 8.75B | 8.66B | 7.94B | 6.90B | 7.21B | 6.19B |
| Common Stock | 676.79M | 48.40M | 47.71M | 53.20M | 55.69M | 57.37M |
| Additional Paid-In Capital | 24.21M | 3.23M | 212.43M | 299.28M | 349.69M | |
| Retained Earnings | 1.01B | 779.15M | 561.62M | 369.32M | 239.11M | |
| Treasury Stock | -401.02M | -22.68M | ||||
| Comprehensive Income & Other | 10.84M | -17.64M | -19.97M | -30.26M | 6.29M | |
| Shareholders' Equity | 676.79M | 689.80M | 789.78M | 807.28M | 694.03M | 652.45M |
| Total Liabilities & Equity | 9.43B | 9.35B | 8.73B | 7.71B | 7.90B | 6.84B |
| Total Debt | 1.32B | 442.32M | 123.70M | 147.86M | 122.52M | 151.65M |
| Net Cash (Debt) | -1.24B | -434.29M | -117.63M | -142.76M | -98.46M | -146.26M |
| Net Cash Per Share | -29.16 | -9.36 | -2.32 | -2.59 | -1.72 | -2.49 |
| Filing Date Shares Outstanding | 40.69M | 42.19M | 47.33M | 52.75M | 55.59M | 57.40M |
| Total Common Shares Outstanding | 40.69M | 42.36M | 47.31M | 53.20M | 55.69M | 57.37M |
| Book Value Per Share | 16.63 | 16.29 | 16.69 | 15.17 | 12.46 | 11.37 |
| Tangible Book Value | 676.79M | 685.64M | 783.53M | 800.93M | 686.38M | 644.31M |
| Tangible Book Value Per Share | 16.63 | 16.19 | 16.56 | 15.05 | 12.33 | 11.23 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 228.21M | 217.54M | 192.30M | 130.21M | 110.65M | |
| Depreciation & Amortization | 3.15M | 3.06M | 1.47M | 3.30M | 3.30M | |
| Other Amortization | 1.50M | 1.10M | 1.60M | |||
| Gain (Loss) on Sale of Assets | -756.00K | -53.00K | 315.00K | |||
| Gain (Loss) on Sale of Investments | 286.00K | 128.00K | 749.00K | 1.79M | ||
| Total Asset Writedown | 1.15M | |||||
| Provision for Credit Losses | 177.69M | 39.06M | 21.41M | 11.81M | 4.62M | |
| Accrued Interest Receivable | -1.38M | -4.18M | -5.53M | -14.13M | 2.59M | |
| Change in Other Net Operating Assets | 25.02M | -27.24M | -25.46M | -8.11M | -35.43M | |
| Other Operating Activities | -186.23M | -30.94M | -4.66M | 6.84M | 1.19M | |
| Net Cash from Discontinued Operations | -4.00K | -836.00K | ||||
| Operating Cash Flow | 265.01M | 209.91M | 186.85M | 119.61M | 83.89M | |
| Capital Expenditures | -7.09M | -4.97M | -12.69M | -5.13M | -1.55M | |
| Sale of Property, Plant and Equipment | 174.00K | 133.00K | ||||
| Investment in Securities | -128.84M | -748.54M | 22.09M | 136.93M | 240.55M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -1.09B | -765.90M | 392.29M | -962.67M | -551.45M | |
| Other Investing Activities | 158.62M | 28.66M | 13.73M | 1.80M | 6.24M | |
| Investing Cash Flow | -1.06B | -1.49B | 415.42M | -826.73M | -305.90M | |
| Short-Term Debt Issued | 199.00M | |||||
| Long-Term Debt Issued | 195.95M | |||||
| Total Debt Issued | 394.95M | |||||
| Short-Term Debt Repaid | -42.00K | |||||
| Long-Term Debt Repaid | -96.42M | -3.27M | ||||
| Total Debt Repaid | -96.42M | -42.00K | -3.27M | |||
| Net Debt Issued (Repaid) | 298.53M | -42.00K | -3.27M | |||
| Issuance of Common Stock | 2.06M | 104.00K | 320.00K | 3.43M | ||
| Repurchase of Common Stock | -378.34M | -252.35M | -100.00M | -60.00M | -40.00M | |
| Net Increase (Decrease) in Deposit Accounts | 419.45M | 1.07B | -349.20M | 1.05B | 514.85M | |
| Financing Cash Flow | 341.70M | 812.74M | -452.37M | 993.52M | 478.28M | |
| Net Cash Flow | -457.47M | -467.97M | 149.90M | 286.40M | 256.27M | |
| Free Cash Flow | 257.92M | 204.94M | 174.16M | 114.48M | 82.34M | |
| Free Cash Flow Margin | 49.02% | 41.37% | 38.89% | 32.95% | 26.35% | |
| Free Cash Flow Per Share | 5.56 | 4.04 | 3.16 | 2.00 | 1.40 | |
| Cash Interest Paid | 172.56M | 173.80M | 156.27M | 57.60M | 11.71M | |
| Cash Income Tax Paid | 76.33M | 80.83M | 82.55M | 37.79M | 44.34M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.87B | 2.97B | 2.52B | 2.07B | 1.59B | 1.44B |
| Last Close Price | 46.75 | 67.52 | 52.63 | 38.56 | 28.38 | 25.31 |
| PE Ratio | 8.11 | 12.99 | 11.60 | 10.76 | 12.20 | 13.03 |
| PS Ratio | 3.55 | 5.64 | 5.09 | 4.62 | 4.57 | 4.62 |
| PB Ratio | 2.81 | 4.30 | 3.19 | 2.56 | 2.29 | 2.21 |
| P/FCF Ratio | 8.17 | 11.50 | 12.31 | 11.88 | 13.88 | 17.51 |
| P/OCF Ratio | 7.94 | 11.19 | 12.02 | 11.07 | 13.28 | 17.19 |
| Debt / Equity Ratio | 1.96 | 0.64 | 0.16 | 0.18 | 0.18 | 0.23 |
| Debt / FCF Ratio | 1.72 | 0.60 | 0.85 | 1.07 | 1.84 | |
| Net Debt / Equity Ratio | 1.83 | 0.63 | 0.15 | 0.18 | 0.14 | 0.22 |
| Net Debt / FCF Ratio | 1.68 | 0.57 | 0.82 | 0.86 | 1.78 | |
| Return on Equity (ROE) | 32.96% | 30.85% | 27.24% | 25.62% | 19.34% | 17.90% |
| Return on Assets (ROA) | 2.66% | 2.52% | 2.65% | 2.46% | 1.77% | 1.68% |
| Earnings Yield | 12.33% | 7.70% | 8.62% | 9.29% | 8.20% | 7.67% |
| FCF Yield | 12.24% | 8.70% | 8.12% | 8.42% | 7.21% | 5.71% |
| Buyback Yield / Dilution | 10.95% | 8.46% | 7.88% | 3.87% | 2.65% | -0.72% |