Bancorp (TBBK)
Market Price (12/25/2025): $70.855 | Market Cap: $3.2 BilSector: Financials | Industry: Regional Banks
Bancorp (TBBK)
Market Price (12/25/2025): $70.855Market Cap: $3.2 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 12% | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10% | Short seller reportCulper Research report on 11/28/2024. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 43% | Key risksTBBK key risks include [1] a securities class action lawsuit alleging misleading financial statements, Show more. | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 54% | ||
| Low stock price volatilityVol 12M is 45% | ||
| Capital ratio is >2x the minimum of 6%Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 15% | ||
| Uninsured deposits are lowUninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 5.6% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Digital Payments, Online Banking & Lending, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 12% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 43% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 54% |
| Low stock price volatilityVol 12M is 45% |
| Capital ratio is >2x the minimum of 6%Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 15% |
| Uninsured deposits are lowUninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 5.6% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Digital Payments, Online Banking & Lending, Show more. |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10% |
| Short seller reportCulper Research report on 11/28/2024. |
| Key risksTBBK key risks include [1] a securities class action lawsuit alleging misleading financial statements, Show more. |
Why The Stock Moved
Qualitative Assessment
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Here are the key points explaining why Bancorp (TBBK) stock moved by -7.1% during the approximate time period from August 31, 2025, to December 25, 2025:1. Bancorp missed its Q3 2025 earnings per share (EPS) estimates. The company reported an EPS of $1.18 for the third quarter of 2025, falling short of analysts' consensus estimates of $1.33 to $1.34 per share. This represented an earnings surprise of -11.28%.
2. The company's Q3 2025 net interest income was below expectations. While Bancorp's overall revenue for Q3 2025 exceeded some expectations, its net interest income, a critical measure for banking institutions, came in at $94.2 million, which was slightly below the estimated $97.80 million.
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Stock Movement Drivers
Fundamental Drivers
The -8.0% change in TBBK stock from 9/24/2025 to 12/24/2025 was primarily driven by a -10.8% change in the company's P/E Multiple.| 9242025 | 12242025 | Change | |
|---|---|---|---|
| Stock Price ($) | 77.02 | 70.85 | -8.01% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 643.06 | 691.83 | 7.58% |
| Net Income Margin (%) | 34.90% | 32.93% | -5.64% |
| P/E Multiple | 15.99 | 14.26 | -10.81% |
| Shares Outstanding (Mil) | 46.60 | 45.87 | 1.57% |
| Cumulative Contribution | -8.03% |
Market Drivers
9/24/2025 to 12/24/2025| Return | Correlation | |
|---|---|---|
| TBBK | -8.0% | |
| Market (SPY) | 4.4% | 38.7% |
| Sector (XLF) | 4.0% | 53.5% |
Fundamental Drivers
The 28.0% change in TBBK stock from 6/25/2025 to 12/24/2025 was primarily driven by a 19.2% change in the company's P/E Multiple.| 6252025 | 12242025 | Change | |
|---|---|---|---|
| Stock Price ($) | 55.33 | 70.85 | 28.05% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 586.34 | 691.83 | 17.99% |
| Net Income Margin (%) | 37.23% | 32.93% | -11.54% |
| P/E Multiple | 11.97 | 14.26 | 19.18% |
| Shares Outstanding (Mil) | 47.21 | 45.87 | 2.86% |
| Cumulative Contribution | 27.95% |
Market Drivers
6/25/2025 to 12/24/2025| Return | Correlation | |
|---|---|---|
| TBBK | 28.0% | |
| Market (SPY) | 14.0% | 34.4% |
| Sector (XLF) | 8.8% | 38.7% |
Fundamental Drivers
The 31.2% change in TBBK stock from 12/24/2024 to 12/24/2025 was primarily driven by a 43.3% change in the company's Total Revenues ($ Mil).| 12242024 | 12242025 | Change | |
|---|---|---|---|
| Stock Price ($) | 54.00 | 70.85 | 31.20% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 482.91 | 691.83 | 43.26% |
| Net Income Margin (%) | 42.59% | 32.93% | -22.67% |
| P/E Multiple | 12.80 | 14.26 | 11.41% |
| Shares Outstanding (Mil) | 48.76 | 45.87 | 5.94% |
| Cumulative Contribution | 30.74% |
Market Drivers
12/24/2024 to 12/24/2025| Return | Correlation | |
|---|---|---|
| TBBK | 31.2% | |
| Market (SPY) | 15.8% | 59.4% |
| Sector (XLF) | 14.9% | 62.5% |
Fundamental Drivers
The 144.6% change in TBBK stock from 12/25/2022 to 12/24/2025 was primarily driven by a 110.3% change in the company's Total Revenues ($ Mil).| 12252022 | 12242025 | Change | |
|---|---|---|---|
| Stock Price ($) | 28.97 | 70.85 | 144.56% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 328.95 | 691.83 | 110.31% |
| Net Income Margin (%) | 35.56% | 32.93% | -7.38% |
| P/E Multiple | 13.98 | 14.26 | 2.05% |
| Shares Outstanding (Mil) | 56.43 | 45.87 | 18.72% |
| Cumulative Contribution | 135.99% |
Market Drivers
12/25/2023 to 12/24/2025| Return | Correlation | |
|---|---|---|
| TBBK | 76.3% | |
| Market (SPY) | 48.9% | 47.3% |
| Sector (XLF) | 53.2% | 60.2% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TBBK Return | 5% | 85% | 12% | 36% | 36% | 34% | 444% |
| Peers Return | � | � | -56% | 44% | -15% | 33% | � |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 115% |
Monthly Win Rates [3] | |||||||
| TBBK Win Rate | 67% | 75% | 33% | 58% | 67% | 50% | |
| Peers Win Rate | � | 50% | 33% | 60% | 40% | 58% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| TBBK Max Drawdown | -72% | -1% | -34% | -8% | -22% | -22% | |
| Peers Max Drawdown | � | � | -60% | -32% | -33% | -20% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: GDOT, PATH, MQ, AX, CUBI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/24/2025 (YTD)
How Low Can It Go
| Event | TBBK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -48.9% | -25.4% |
| % Gain to Breakeven | 95.9% | 34.1% |
| Time to Breakeven | 225 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -73.8% | -33.9% |
| % Gain to Breakeven | 281.3% | 51.3% |
| Time to Breakeven | 272 days | 148 days |
| 2018 Correction | ||
| % Loss | -43.9% | -19.8% |
| % Gain to Breakeven | 78.3% | 24.7% |
| Time to Breakeven | 183 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -92.6% | -56.8% |
| % Gain to Breakeven | 1248.2% | 131.3% |
| Time to Breakeven | 4,700 days | 1,480 days |
Compare to NEWT, ATLO, CBC, CBK, HYNE
In The Past
Bancorp's stock fell -48.9% during the 2022 Inflation Shock from a high on 11/5/2021. A -48.9% loss requires a 95.9% gain to breakeven.
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The Bancorp, Inc. operates as the financial holding company for The Bancorp Bank that provides banking products and services in the United States. The company offers a range of deposit products and services, including checking, savings, money market, and commercial accounts; and prepaid and debit cards. It also provides securities-backed lines of credit and insurance policy cash value-backed lines of credit; institutional banking services; vehicle fleet, other equipment leasing, and commercial fleet leasing services consist of commercial vehicles, including trucks and special purpose vehicles, and equipment; and real estate bridge lending, as well as small business administration, commercial mortgage-backed, and commercial real estate loans. The company offers private label banking; credit and debit card payment processing services for independent service organizations; and internet banking services. The Bancorp, Inc. was incorporated in 1999 and is headquartered in Wilmington, Delaware.
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The Stripe for regulated banking infrastructure.
The 'Intel Inside' for many fintech and payment companies.
Like a B2B version of Green Dot, providing white-label banking and card issuing services.
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```html- Banking-as-a-Service (BaaS) Platform: Provides white-label banking infrastructure, including deposit accounts, payment processing, and card programs, for fintech companies and other businesses.
- Commercial Lending: Offers various loan products to businesses, such as commercial real estate loans, lines of credit, and equipment financing.
- Commercial Deposit Services: Provides business checking, savings, and money market accounts for commercial clients.
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The Bancorp (TBBK) primarily sells its services to other companies, rather than directly to individuals. The company is a leading provider of white-label banking services, often referred to as "banking-as-a-service" (BaaS), for non-bank entities. According to its public filings, no single customer accounted for more than 10% of The Bancorp's consolidated gross revenues during recent fiscal years. Therefore, there are no specific "major customer companies" that can be identified by name from public disclosures. Instead, The Bancorp serves a diverse range of business customers across different categories:The Bancorp (TBBK) primarily sells its services to other companies. According to its public filings, no single customer accounts for more than 10% of its consolidated gross revenues, meaning there are no individually identifiable "major customer companies" that can be named from public disclosures. Instead, The Bancorp serves a diverse range of business customers, which can be categorized as follows:
- FinTech Companies and Neobanks: These are technology-driven financial companies that leverage The Bancorp's regulated banking infrastructure and services (such as checking and savings accounts, payment processing, and card issuance) to offer their own branded digital banking products to their end-users.
- Program Managers for Prepaid and Debit Card Solutions: Businesses that develop and manage branded prepaid or debit card programs for various purposes (e.g., general-purpose reloadable cards, payroll cards, corporate expense cards), utilizing The Bancorp as the FDIC-insured issuing bank.
- Small Businesses and Commercial Enterprises: The Bancorp's Commercial Lending division directly provides small business loans, equipment finance, and leases to a variety of small to mid-sized businesses.
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- Fidelity National Information Services (FIS)
- KPMG LLP
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The Bancorp (TBBK) management team includes the following members:Damian Kozlowski, Chief Executive Officer and President
Damian Kozlowski was appointed CEO of The Bancorp in May 2016. He previously served as Chief Executive Officer, President, and Director of Modern Bank, N.A. from 2010 to 2016. Before that, he was the Chairman and Chief Executive Officer of Alpha Capital Financial Group, Inc., which he founded, from 2007 to 2010. From 2000 to 2007, Kozlowski developed the global growth strategy for The Citigroup Private Bank, where he managed 4500 employees across 98 offices in 31 countries. His roles at Citigroup included CEO Global Private Bank, President US Private Bank, COO and CFO, and Global Head of Business Development and Strategy. His earlier career also includes positions at Banc of America Securities, Marakon Associates, Rostra Holdings, and US Trust, providing him with expertise in private equity, wealth management, and investment banking.
Dominic C. Canuso, Executive Vice President, Chief Financial Officer
Dominic C. Canuso was appointed Chief Financial Officer of The Bancorp effective November 3, 2025. He brings over 25 years of experience in financial services. Most recently, he held the position of Chief Financial Officer at Capital Bank since July 2024. Prior to Capital Bank, Canuso served as Chief Financial Officer at WSFS Bank for seven years. His earlier career includes leadership roles at Barclays Bank Delaware and Advanta Bank Corporation. Canuso holds an Executive MBA and a B.S. in Business Administration from Villanova University and is a Chartered Financial Analyst.
Greg Garry, Executive Vice President, Chief Operating Officer
Greg Garry serves as Executive Vice President and Chief Operating Officer (COO) of The Bancorp. He has over a decade of experience in risk, audit, compliance, and operations within the financial services industry. As COO, he leads various key divisions including Operations, Financial Crimes Risk Management, Risk Management, Payments Risk/Operations, and Consumer Compliance. Garry and his teams have been instrumental in modernizing the Bank’s risk management, compliance, and financial crimes ecosystem to support leading fintech companies. He also previously served as the company's Chief Risk Officer (CRO) and Deputy Chief Operating Officer, and as Chief Audit Executive, where he played a significant role in remediating regulatory issues and transitioning the company to an in-house internal audit operation.
Erika Caesar, Executive Vice President, General Counsel
Erika Caesar serves as Executive Vice President, General Counsel of The Bancorp. She joined the Bank in October 2017 as Managing Director, Assistant General Counsel, providing counsel on legal, regulatory, strategic, and corporate governance matters. Caesar was also appointed Chief Diversity Officer, where she leads initiatives to advance the company's commitment to a diverse workforce and inclusive culture. Prior to joining The Bancorp, she practiced law at a national law firm, representing clients in corporate and commercial matters.
Mark Connolly, Executive Vice President, Head of Credit Markets
Mark Connolly is the Executive Vice President and Head of Credit Markets at The Bancorp. In this role, he oversees all credit activities across The Bancorp's business lines and discontinued operations, reporting directly to the CEO, Damian Kozlowski. Since joining the company, Connolly has managed the development of the Integrated Business Plan for The Bancorp. His previous experience includes several senior leadership and credit roles with Citi Private Bank and Morgan Stanley Private Bank.
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The Bancorp (NASDAQ: TBBK) faces several significant risks, primarily stemming from recent financial reporting discrepancies and a subsequent class-action lawsuit.
- Securities Class Action Lawsuit and Misleading Financial Statements: The Bancorp is currently the subject of a high-stakes securities class action lawsuit. This litigation alleges that the bank's executives misled investors by downplaying risks associated with its real estate bridge loan (REBL) portfolio and by failing to disclose critical financial weaknesses. The lawsuit highlights "material weaknesses" in the company's financial reporting controls, which led to unapproved financial statements for fiscal years 2022–2024. An amended annual report further revealed significant discrepancies and an increase in credit loss provisions, intensifying investor concerns and contributing to a sharp decline in the company's stock price.
- Risks Associated with the Real Estate Bridge Loan (REBL) Portfolio: A core component of the aforementioned lawsuit and a significant ongoing risk involves The Bancorp's real estate bridge loan (REBL) portfolio. Reports indicate that this portfolio was perceived to be "riddled with risky loans tied to deteriorating properties," and the reserves allocated for potential losses were deemed "grossly inadequate" by analysts. Critics also argue that the bank's Current Expected Credit Loss (CECL) model failed to adequately account for systemic risks within this portfolio, resulting in necessary revisions that negatively impacted net income.
- Material Weaknesses in Internal Controls over Financial Reporting: The Bancorp has identified "material weaknesses" in its internal controls over financial reporting. These deficiencies were so significant that auditors refused to provide approval for the inclusion of their audit opinions in the company's original annual reports for fiscal years 2022–2024. This systemic issue undermines investor confidence and raises serious questions about the company's governance practices and the reliability of its financial disclosures.
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- Increased adoption of digital wallets and alternative payment systems (e.g., P2P apps like Zelle, Venmo, Apple Pay, Google Pay) which could reduce reliance on traditional card-based solutions, threatening Bancorp's significant prepaid card issuance business.
- Growing regulatory scrutiny and potential for stricter oversight on Banking-as-a-Service (BaaS) models and bank-fintech partnerships. This evolving regulatory environment could lead to increased compliance costs, operational restrictions, or limitations on the types of activities permissible within BaaS, impacting Bancorp's strategic growth area.
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The Bancorp (TBBK) offers a range of specialized financial services and technology-driven banking solutions primarily in the United States. Their main products and services for which addressable market sizes can be identified include prepaid cards, small business lending, and healthcare payment solutions.
- Prepaid Cards (U.S.): The U.S. prepaid card market was valued at approximately USD 1.76 trillion in 2024 and is projected to grow to around USD 10.62 trillion by 2034, demonstrating a compound annual growth rate (CAGR) of 19.69% from 2025 to 2034. Another estimate indicates the U.S. prepaid card market was valued at USD 542.26 billion in 2023 and is expected to reach USD 903.93 billion by 2028, with a CAGR of 10.5% from 2024 to 2028. Globally, the prepaid card market was valued at USD 3.53 trillion in 2023 and is anticipated to reach USD 11.39 trillion by 2030, with the United States accounting for over half of this global market.
- Small Business Lending (U.S.): The U.S. small business loan market was valued at USD 245.39 billion in 2023 and is projected to grow to USD 349.64 billion by 2033, with a CAGR of 3.4% from 2024 to 2033. A broader estimate for the total small business lending market in the U.S. was approximately USD 1.4 trillion in 2019, which may include various forms of credit such as personal loans and credit cards used by small businesses.
- Healthcare Digital Payments (U.S.): The U.S. healthcare digital payment market size was approximately USD 3.98 billion in 2024 and is projected to reach around USD 26.83 billion by 2034, growing at a CAGR of 21.02% from 2025 to 2034. This market growth is driven by increasing demand for digital payment methods from patients.
For other products and services offered by The Bancorp, such as commercial real estate bridge loans and vehicle fleet leasing and management, specific addressable market sizes were not identified in the provided information.
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Here are the expected drivers of future revenue growth for Bancorp (TBBK) over the next 2-3 years:- Expanded Fintech Partnerships and New Program Implementations: Bancorp anticipates significant revenue growth from its expanding fintech ecosystem. A key driver is the five-year expansion of its relationship with Block, which includes debit and prepaid card issuance and related services for Cash App customers, with services expected to begin as early as the first quarter of 2026. This initiative, along with other new program implementations, is projected to enhance Gross Dollar Volume (GDV) and fee income.
- Growth in Credit Sponsorship Balances: The company's credit sponsorship balances have shown substantial progress, with expectations for increasing volumes due to new product enhancements and increased utilization. Bancorp forecasts balances in credit sponsorship to reach $1 billion by the end of 2025.
- Launch of the Embedded Finance Platform: Bancorp is actively developing an embedded finance platform with an expected launch in the upcoming year (2026). This new platform is anticipated to contribute to future revenue generation by offering new fintech services.
- Expansion of Specialized Lending Portfolios: Beyond its core fintech partnerships, Bancorp's specialized lending businesses, which include offerings such as SBLOCs (Securities-Backed Lines of Credit), IBLOCs (Insurance-Backed Lines of Credit), and REBLs (Real Estate Bridge Loans), continue to be a source of diversified income. The growth in loan balances within these portfolios is expected to contribute to overall revenue.
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Share Repurchases
- The Bancorp's Board of Directors authorized an increase in the company's share repurchase program, allowing for up to $500 million in repurchases through the end of 2026. This authorization includes $300 million for the third and fourth quarters of 2025 and an additional $200 million for 2026.
- In the first quarter of 2025, Bancorp repurchased 753,898 shares at an average cost of $49.75 per share, resulting in a 6% year-over-year reduction in outstanding shares. The company also completed share buybacks totaling $225,000,000 for 7.45% of its shares.
- The share repurchase program is expected to be financed using available cash and by refinancing $100 million of maturing senior unsecured debt with $200 million in new senior unsecured debt.
Share Issuance
- The Bancorp, Inc. completed a $200.0 million senior notes offering with a 7.375% interest rate, maturing in 2030. The net proceeds from this offering were approximately $197.0 million before transaction expenses. The company intends to use these proceeds to redeem existing $100.0 million 4.75% Senior Notes due 2025, fund its share repurchase program, and for general corporate purposes.
Capital Expenditures
- Non-interest expense for The Bancorp increased due to expenses related to office and data center expansions.
- In the third quarter of 2025, noninterest expense increased by 6% compared to the third quarter of 2024, reaching $56.4 million.
- The company is investing $300,000 in its first AI-powered use case to reduce narrative writing in financial crimes risk management.
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Trade Ideas
Select ideas related to TBBK. For more, see Trefis Trade Ideas.
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| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 13.8% | 13.8% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -0.3% | -0.3% | -0.5% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.4% | -4.4% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 7.6% | 7.6% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -11.2% | -11.2% | -12.1% |
| 03312023 | TBBK | Bancorp | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 23.9% | 20.1% | -6.4% |
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Peer Comparisons for Bancorp
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 44.00 |
| Mkt Cap | 2.9 |
| Rev LTM | 982 |
| Op Inc LTM | 10 |
| FCF LTM | 343 |
| FCF 3Y Avg | 152 |
| CFO LTM | 358 |
| CFO 3Y Avg | 195 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.1% |
| Rev Chg 3Y Avg | 13.3% |
| Rev Chg Q | 24.2% |
| QoQ Delta Rev Chg LTM | 5.4% |
| Op Mgn LTM | 0.6% |
| Op Mgn 3Y Avg | -10.3% |
| QoQ Delta Op Mgn LTM | 3.7% |
| CFO/Rev LTM | 33.0% |
| CFO/Rev 3Y Avg | 18.8% |
| FCF/Rev LTM | 29.8% |
| FCF/Rev 3Y Avg | 14.5% |
Segment Financials
Assets by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Corporate | 2,377 | 1,981 | 1,802 | 1,699 | 1,638 |
| Real estate bridge lending (REBL) | 2,301 | ||||
| Institutional Banking | 1,855 | ||||
| Commercial | 1,676 | ||||
| Fintech | 518 | ||||
| Payments | 43 | 58 | 42 | 33 | |
| Specialty finance | 5,682 | 6,043 | 5,099 | 4,492 | |
| Discontinued operations | 3 | 114 | |||
| Total | 8,728 | 7,706 | 7,903 | 6,843 | 6,277 |
Price Behavior
Price Behavior
| Market Price | $70.85 | |
| Market Cap ($ Bil) | 3.3 | |
| First Trading Date | 02/03/2004 | |
| Distance from 52W High | -11.8% | |
| 50 Days | 200 Days | |
| DMA Price | $67.59 | $62.39 |
| DMA Trend | up | down |
| Distance from DMA | 4.8% | 13.6% |
| 3M | 1YR | |
| Volatility | 48.3% | 45.3% |
| Downside Capture | 115.92 | 111.24 |
| Upside Capture | 53.32 | 122.16 |
| Correlation (SPY) | 38.5% | 59.4% |
TBBK Betas & Captures as of 11/30/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.87 | 1.55 | 1.51 | 1.35 | 1.40 | 1.43 |
| Up Beta | 2.94 | 3.13 | 2.99 | 2.77 | 1.38 | 1.40 |
| Down Beta | 0.21 | 2.17 | 1.99 | 1.88 | 1.74 | 1.52 |
| Up Capture | -109% | 15% | 20% | 79% | 123% | 315% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 8 | 21 | 31 | 72 | 128 | 393 |
| Down Capture | 128% | 135% | 136% | 46% | 112% | 107% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 12 | 21 | 32 | 53 | 120 | 354 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of TBBK With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| TBBK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 36.4% | 18.3% | 19.2% | 71.9% | 8.9% | 6.0% | -10.4% |
| Annualized Volatility | 45.1% | 19.0% | 19.5% | 19.3% | 15.3% | 17.1% | 35.0% |
| Sharpe Ratio | 0.82 | 0.75 | 0.78 | 2.69 | 0.36 | 0.18 | -0.12 |
| Correlation With Other Assets | 62.6% | 59.5% | 1.1% | 22.7% | 49.2% | 22.8% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of TBBK With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| TBBK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 38.7% | 16.3% | 14.9% | 18.7% | 11.7% | 4.8% | 32.6% |
| Annualized Volatility | 46.4% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 0.86 | 0.72 | 0.70 | 0.97 | 0.51 | 0.17 | 0.59 |
| Correlation With Other Assets | 64.0% | 51.3% | -4.3% | 11.7% | 42.7% | 22.7% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of TBBK With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| TBBK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 26.6% | 13.0% | 14.7% | 14.9% | 6.9% | 5.2% | 69.2% |
| Annualized Volatility | 51.6% | 22.3% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.66 | 0.54 | 0.70 | 0.83 | 0.31 | 0.22 | 0.90 |
| Correlation With Other Assets | 59.5% | 48.5% | -5.8% | 19.3% | 43.2% | 14.6% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/30/2025 | -15.3% | -20.3% | -16.1% |
| 7/24/2025 | -8.6% | -9.3% | 4.5% |
| 10/24/2024 | -14.5% | -8.6% | 4.5% |
| 7/25/2024 | 1.4% | -3.3% | 1.9% |
| 4/25/2024 | -7.8% | -6.3% | -1.7% |
| 10/26/2023 | 5.4% | 16.8% | 15.9% |
| 7/27/2023 | -1.4% | 1.4% | -8.9% |
| 4/27/2023 | 14.8% | 4.4% | 18.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 13 | 15 |
| # Negative | 9 | 8 | 6 |
| Median Positive | 4.6% | 8.5% | 9.5% |
| Median Negative | -7.5% | -7.4% | -8.7% |
| Max Positive | 14.8% | 16.8% | 31.4% |
| Max Negative | -15.3% | -20.3% | -16.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11102025 | 10-Q 9/30/2025 |
| 6302025 | 8082025 | 10-Q 6/30/2025 |
| 3312025 | 5082025 | 10-Q 3/31/2025 |
| 12312024 | 3032025 | 10-K 12/31/2024 |
| 9302024 | 11072024 | 10-Q 9/30/2024 |
| 6302024 | 8092024 | 10-Q 6/30/2024 |
| 3312024 | 5102024 | 10-Q 3/31/2024 |
| 12312023 | 2292024 | 10-K 12/31/2023 |
| 9302023 | 11092023 | 10-Q 9/30/2023 |
| 6302023 | 8092023 | 10-Q 6/30/2023 |
| 3312023 | 5102023 | 10-Q 3/31/2023 |
| 12312022 | 3012023 | 10-K 12/31/2022 |
| 9302022 | 11092022 | 10-Q 9/30/2022 |
| 6302022 | 8092022 | 10-Q 6/30/2022 |
| 3312022 | 5102022 | 10-Q 3/31/2022 |
| 12312021 | 3012022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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