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The Bancorp Inc. (NASDAQ: TBBK) Is A Great Opportunity For Risk-Tolerant Investors

The Bancorp Inc. (NASDAQ:TBBK)’s traded shares stood at 1.04 million during the last session, with the company’s beta value hitting 1.51. At the close of trading, the stock’s price was $29.92, to imply a decrease of -6.47% or -$2.07 in intraday trading. The TBBK share’s 52-week high remains $37.58, putting it -25.6% down since that peak but still an impressive 44.55% since price per share fell to its 52-week low of $16.59. The company has a valuation of $1.76B, with an average of 0.65 million shares in intraday trading volume over the past 10 days and average of 366.28K shares over the past 3 months.

Analysts have given a consensus recommendation of a Buy for The Bancorp Inc. (TBBK), translating to a mean rating of 2.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give TBBK a Sell rating. 1 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.77.

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The Bancorp Inc. (NASDAQ:TBBK) trade information

After registering a -6.47% downside in the last session, The Bancorp Inc. (TBBK) has traded red over the past five days. The stock hit a weekly high of 32.53 this Friday, 03/17/23, dropping -6.47% in its intraday price action. The 5-day price performance for the stock is -1.87%, and -17.67% over 30 days. With these gigs, the year-to-date price performance is 5.43%. Short interest in The Bancorp Inc. (NASDAQ:TBBK) saw shorts transact 1.82 million shares and set a 6.07 days time to cover.

Analysts on Wall Street suggest a consensus price target of $41.33, implying an increase of 27.61% to the stock’s current value. The extremes give us $38.00 and $43.00 for target low and target high price respectively. As such, TBBK has been trading -43.72% off suggested target high and -27.01% from its likely low.

The Bancorp Inc. (TBBK) estimates and forecasts

Looking at statistics comparing The Bancorp Inc. share performance against respective industry, we note that the company has outperformed competitors. The Bancorp Inc. (TBBK) shares are 27.81% up over the last 6 months, with its year-to-date growth rate higher than industry average at 50.22% against 1.40%. Revenue is forecast to grow 54.00% this quarter before jumping 56.60% for the next one. The rating firms project that company’s revenue will grow 32.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is $78.24 million. Meanwhile, for the quarter ending Jun 2023, a total of 2 analyst(s) estimate revenue growth to $82.11 million.Earnings reports from the last fiscal year show that sales brought in $52.85 million and $54.57 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 48.00% before jumping 50.50% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 29.80% for the past 5-year period. While 2023 is set for a 21.10% return in earnings, projections for the next 5 years are at 12.00% annually.

TBBK Dividends

The Bancorp Inc. has its next earnings report out between April 26 and May 01. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The Bancorp Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

The Bancorp Inc. (NASDAQ:TBBK)’s Major holders

The Bancorp Inc. insiders hold 3.64% of total outstanding shares, with institutional holders owning 94.44% of the shares at 98.01% float percentage. In total, 94.44% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 8.33 million shares (or 14.88% of shares), all amounting to roughly $183.14 million.

The next major institution holding the largest number of shares is FMR, LLC with 5.08 million shares, or about 9.08% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $111.76 million.

We also have iShares Core S&P Smallcap ETF and Variable Insurance Products Fund III-Mid-Cap Portfolio as the top two Mutual Funds with the largest holdings of the The Bancorp Inc. (TBBK) shares. Going by data provided on Dec 30, 2022, iShares Core S&P Smallcap ETF holds roughly 3.98 million shares. This is just over 7.11% of the total shares, with a market valuation of $113.02 million. Data from the same date shows that the other fund manager holds a little less at 1.83 million, or 3.27% of the shares, all valued at about 51.97 million.

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