$0.11 EPS Expected for The Bancorp, Inc. (TBBK)

January 16, 2018 - By Darrin Black

 $0.11 EPS Expected for The Bancorp, Inc. (TBBK)
Investors sentiment increased to 1.97 in 2017 Q3. Its up 0.89, from 1.08 in 2017Q2. It improved, as 5 investors sold The Bancorp, Inc. shares while 25 reduced holdings. 30 funds opened positions while 29 raised stakes. 40.40 million shares or 2.72% less from 41.53 million shares in 2017Q2 were reported.
Metropolitan Life Ins New York holds 0% or 36,839 shares in its portfolio. California-based Los Angeles & Equity Inc has invested 0% in The Bancorp, Inc. (NASDAQ:TBBK). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% of its portfolio in The Bancorp, Inc. (NASDAQ:TBBK). Systematic Finance Mgmt Lp reported 177,660 shares. Davenport Ltd Liability holds 0% or 16,347 shares in its portfolio. Voya Invest Mngmt Ltd Co holds 0% of its portfolio in The Bancorp, Inc. (NASDAQ:TBBK) for 24,779 shares. Virginia-based Virginia Retirement Systems Et Al has invested 0% in The Bancorp, Inc. (NASDAQ:TBBK). Massachusetts-based Acadian Asset Mngmt Lc has invested 0% in The Bancorp, Inc. (NASDAQ:TBBK). Swiss State Bank holds 0% or 91,100 shares. Cubist Systematic Strategies Limited Co stated it has 12,473 shares. Price Michael F invested in 0.47% or 407,500 shares. 305,959 are held by Snow Cap Mngmt L P. Renaissance Tech Limited Liability Corp invested 0% in The Bancorp, Inc. (NASDAQ:TBBK). Citigroup reported 155 shares. Legal & General Grp Public Ltd reported 15,044 shares or 0% of all its holdings.

Since August 2, 2017, it had 0 insider purchases, and 2 insider sales for $865,029 activity. Wechsler Ron J had sold 5,000 shares worth $38,050.

Analysts expect The Bancorp, Inc. (NASDAQ:TBBK) to report $0.11 EPS on February, 8.They anticipate $0.54 EPS change or 125.58 % from last quarter’s $-0.43 EPS. TBBK’s profit would be $6.14 million giving it 24.41 P/E if the $0.11 EPS is correct. After having $0.12 EPS previously, The Bancorp, Inc.’s analysts see -8.33 % EPS growth. The stock decreased 1.10% or $0.12 during the last trading session, reaching $10.74. About 283,247 shares traded. The Bancorp, Inc. (NASDAQ:TBBK) has risen 9.31% since January 16, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

The Bancorp, Inc. (NASDAQ:TBBK) Ratings Coverage

Among 4 analysts covering Bancorp (NASDAQ:TBBK), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Bancorp had 11 analyst reports since August 27, 2015 according to SRatingsIntel. The firm has “Hold” rating by Piper Jaffray given on Thursday, July 13. The stock of The Bancorp, Inc. (NASDAQ:TBBK) earned “Outperform” rating by Raymond James on Monday, July 31. The stock has “Hold” rating by Piper Jaffray on Thursday, October 26. The stock has “Strong Buy” rating by Raymond James on Tuesday, August 9. Sandler O’Neill maintained The Bancorp, Inc. (NASDAQ:TBBK) on Friday, January 12 with “Hold” rating. The firm earned “Mkt Perform” rating on Wednesday, February 1 by Raymond James. The rating was downgraded by TheStreet on Thursday, August 27 to “Hold”. The rating was initiated by Piper Jaffray on Wednesday, November 30 with “Neutral”. The rating was downgraded by BTIG Research on Wednesday, January 4 to “Neutral”.

The Bancorp, Inc. operates as the financial holding firm for The Bancorp Bank that provides banking services and products to individuals, and small and mid-size businesses in the United States. The company has market cap of $599.93 million. The firm offers a range of deposit services and products, including checking accounts, savings accounts, money market accounts, commercial accounts, and prepaid and payroll cards. It has a 111.88 P/E ratio. It also provides securities backed lines of credit, automobile fleet and other equipment leasing, small business administration loans, and loans generated for sale into capital markets primarily through commercial mortgage backed securities and collateralized loan obligations.

More notable recent The Bancorp, Inc. (NASDAQ:TBBK) news were published by: Globenewswire.com which released: “Gouverneur Bancorp, Inc. Announces Semi-Annual Dividend” on January 16, 2018, also Businesswire.com with their article: “Byline Bancorp, Inc. to Announce Fourth Quarter 2017 Financial Results on …” published on January 16, 2018, Businesswire.com published: “The Bancorp, Inc. Sets Fourth Quarter and Fiscal 2017 Financial Results …” on January 12, 2018. More interesting news about The Bancorp, Inc. (NASDAQ:TBBK) were released by: Globenewswire.com and their article: “Green Bancorp, Inc. Announces Fourth Quarter and Full Year 2017 Financial …” published on January 11, 2018 as well as Globenewswire.com‘s news article titled: “Reliant Bancorp, Inc. (Nasdaq: RBNC) to Ring the Nasdaq Stock Market Closing Bell” with publication date: January 16, 2018.

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