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Mar 31, 2021
Bancorp Q1 2021 Earnings Report
The Bancorp reported financial results for the first quarter of 2021.
Key Takeaways
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.
Business plan for 2021 is in full implementation with a focus on product and platform expansion.
Investing heavily in anti-money laundering and compliance to have best-in-class capabilities.
Currently on track to meet or exceed financial targets for 2021.
Guidance target for 2021 continues to be $1.70 a share or approximately $100 million in net income.
Bancorp
Bancorp
Forward Guidance
Guidance target for 2021 continues to be $1.70 a share or approximately $100 million in net income.