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Mar 31, 2022
Bancorp Q1 2022 Earnings Report
The Bancorp reported first quarter financial results
Key Takeaways
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 net income of $29.0 million for Q1 2022.
Earnings per diluted share were $0.50 for Q1 2022.
The company saw gains in GDV despite headwinds from government stimulus in 2021.
The Bancorp reaffirms 2022 guidance of $2.15 per share, excluding the impact of stock repurchases.
Bancorp
Bancorp
Forward Guidance
The Bancorp reaffirms its 2022 guidance of $2.15 per share, which excludes the net impact of planned stock repurchases.