Raymond James analyst Raymond James maintained a Buy rating on Bancorp Inc on Monday, setting a price target of $38, which is approximately 22.42% above the present share price of $31.04.
expects Bancorp Inc to post earnings per share (EPS) of $0.51 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Bancorp, with an average price target of $36.
The analysts price targets range from a high of $38 to a low of $34.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $79.93 million and a net profit of $0. The company's market cap is $1.77 billion.
According to TipRanks.com, Raymond James analyst Raymond James is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.1% and a 60.68% success rate.
The Bancorp (NASDAQ:TBBK), Inc. is a financial holding company, which engages in the provision of private label banking and financial services through the Bank. It operates through the following segments: Specialty Finance, Payments, and Corporate. The Specialty Finance consists of commercial mortgage loan sales, small business administration loans, leasing, and security backed lines of credit and any deposits generated by those business lines. The Payments segment comprises of prepaid cards, card payments, automated clearing house processing, and healthcare accounts. The Corporate segment includes the firm's investment portfolio, corporate overhead and non-allocated expenses. The company was founded by Betzy Z. Cohen on July 20, 1999 and is headquartered in Wilmington, DE.