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Dec 31, 2022
Bancorp Q4 2022 Earnings Report
Reported financial results with significant improvements in profitability, NIM, and GDV growth.
Key Takeaways
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.
Finished 2022 with significant improvements in profitability, NIM and GDV growth.
Focused on further improving fintech ecosystem, maintaining a lower risk balance sheet, continuing rigorous risk management and increasing profitability.
Expects 2023 will be another substantial move forward on all fronts.
Confirmed guidance of $3.20 a share for 2023, an improvement of approximately 40% over 2022 EPS.
Bancorp
Bancorp
Forward Guidance
The Bancorp confirms its guidance of $3.20 a share for 2023, an improvement of approximately 40% over 2022 EPS. The company expects to increase its share repurchases to $25 million per quarter, or $100 million in 2023.