Bancorp Earnings Reports

The Bancorp posted solid second-quarter results driven by fintech revenue growth and strong payment volumes. Net income rose 11% year-over-year, supported by expanding fintech partnerships and stable credit quality despite higher allowance for credit losses.

The Bancorp, Inc. reported net income of $57.2 million, or $1.19 per diluted share, for the first quarter of 2025. This represents a 1% increase in net income and a 12% increase in diluted EPS compared to the first quarter of 2024, primarily due to reduced outstanding shares from repurchases. Net interest income decreased by 3% to $91.7 million, while non-interest income significantly increased to $83.6 million.

The Bancorp reported significant Fintech business expansion and EPS growth in 2024. The company is affirming 2025 guidance of $5.25 a share, excluding planned buybacks.

The Bancorp reported a net income of $51.5 million for the third quarter of 2024, driven by growth in Fintech Solutions. The company issued preliminary EPS guidance of $5.25 for 2025.

The Bancorp reported continued broad-based momentum in deposit volumes and deposit stability in Q2 2024. They are lifting their 2024 guidance to $4.35 a share from $4.25 a share without including the impact of $50 million of quarterly share buybacks.

The Bancorp reported a strong first quarter in 2024, with earnings of $1.06 per share and an ROE of 28%. The company also announced a new partnership with Block, Inc., expecting increased volumes and profitability throughout the year and reaffirmed its 2024 guidance of $4.25 a share.

The Bancorp reported financial results for the fourth quarter and full year of 2023, demonstrating resilience amidst market turmoil and interest rate hikes.

The Bancorp reported strong financial results for Q3 2023, with record core profitability. The company is initiating 2024 preliminary guidance of $4.25 a share and significantly increasing planned buybacks in 2024 by $100 million to $200 million.

The Bancorp reported strong financial results for the second quarter of 2023, with record core profits and exemplar profitability. The company maintains a positive outlook for 2023 and 2024 and expects increasing profitability and earnings per share.

The Bancorp reported strong first quarter results, surpassing performance expectations and leading to an increased earnings guidance for the year. The bank's diversified deposit base and low-risk credit book helped it manage industry volatility effectively.

The Bancorp reported strong Q4 2022 results with significant improvements in profitability, NIM, and GDV growth. The company confirms its guidance of $3.20 a share for 2023 and expects to increase share repurchases to $25 million per quarter.

The Bancorp reported revenue growth across its platform due to increased lending volumes and new payment partners. Preliminary guidance for 2023 is $3.20 per share, excluding the net impact of future share buybacks.

The Bancorp reported a net income of $30.4 million, or $0.53 per diluted share, for the second quarter of 2022. The company is raising its full-year 2022 guidance from $2.15 per share to a range of $2.25 to $2.30 per share.

The Bancorp reported a net income of $29.0 million, or $0.50 per diluted share, for the quarter ended March 31, 2022. The company reaffirms its 2022 guidance of $2.15 per share, which excludes the net impact of planned stock repurchases.

The Bancorp reported a net income of $27.0 million, or $0.46 per diluted share, for the quarter ended December 31, 2021.

The Bancorp reported a net income of $28.3 million, or $0.48 per diluted share, for the quarter ended September 30, 2021, compared to net income of $23.3 million, or $0.40 per diluted share, for the quarter ended September 30, 2020.

The Bancorp reported a strong second quarter with net income of $29.4 million, or $0.50 per diluted share. The company is raising its full-year EPS guidance to $1.78. Growth continues to be supported by the acquisition of new clients and the expansion of our capabilities and solutions in our payments ecosystem.

The Bancorp reported a net income of $26.0 million, or $0.44 per diluted share, for the quarter ended March 31, 2021, compared to a net income of $12.6 million, or $0.22 per diluted share, for the quarter ended March 31, 2020. The company is on track to meet or exceed its financial targets for 2021.

The Bancorp reported a net income of $24.2 million, or $0.41 per diluted share, for the quarter ended December 31, 2020.

The Bancorp reported a net income of $23.3 million, or $0.40 per diluted share, for the quarter ended September 30, 2020.

The Bancorp reported net income of $20.1 million, or $0.35 per diluted share, for the quarter ended June 30, 2020. Core earnings were driven by higher interest income with falling interest expense, increased loan balances and higher payment volumes.

The Bancorp reported a net income of $12.6 million, or $0.22 per diluted share, for the quarter ended March 31, 2020. The results reflected $5.2 million of unrealized losses on loans held for sale.

The Bancorp reported a net income of $1.9 million, or $0.03 income per diluted share, for the quarter ended December 31, 2019. The results reflect a $7.5 million non-deductible FDIC civil money penalty.