Headlines about Bancorp (NASDAQ:TBBK) have trended positive recently, Alpha One reports. The research group, a service of Accern, scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Bancorp earned a daily sentiment score of 0.35 on Alpha One’s scale. Alpha One also assigned press coverage about the bank an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.
Bancorp (NASDAQ:TBBK) traded up 0.92% during trading on Friday, reaching $6.55. 407,514 shares of the company were exchanged. Bancorp has a 1-year low of $4.41 and a 1-year high of $8.20. The company’s 50-day moving average price is $5.39 and its 200-day moving average price is $6.22. The stock’s market capitalization is $364.55 million.
Bancorp (NASDAQ:TBBK) last announced its quarterly earnings results on Thursday, April 27th. The bank reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. The business had revenue of $49.10 million during the quarter, compared to analysts’ expectations of $44.26 million. On average, equities analysts forecast that Bancorp will post $0.39 EPS for the current year.
TBBK has been the subject of a number of analyst reports. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Bancorp in a report on Wednesday, February 1st. BTIG Research reiterated a “hold” rating on shares of Bancorp in a report on Sunday, February 12th. Finally, TheStreet lowered shares of Bancorp from a “c-” rating to a “d” rating in a report on Monday, April 24th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Bancorp has an average rating of “Hold” and a consensus target price of $7.44.
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The Bancorp, Inc is a financial holding company and its primary subsidiary is The Bancorp Bank (the Bank). The Company has four primary lines of specialty lending: securities backed lines of credit (SBLOC), automobile fleet and other equipment leasing, Small Business Administration (SBA), loans and loans generated for sale into capital markets primarily through both commercial mortgage backed securities (CMBS) and collateralized loan obligations (CLOs).
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