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Bancorp (NASDAQ:TBBK) was downgraded by investment analysts at Sandler O’Neill to a “hold” rating in a note issued to investors on Wednesday.

Bancorp (NASDAQ:TBBK) opened at 16.20 on Wednesday. Bancorp has a one year low of $13.52 and a one year high of $20.24. The stock’s 50-day moving average is $15.7 and its 200-day moving average is $17.81. The company has a market cap of $610.8 million and a price-to-earnings ratio of 34.54.

Bancorp (NASDAQ:TBBK) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.27. On average, analysts predict that Bancorp will post $0.61 earnings per share for the current fiscal year.

A number of other firms have also recently commented on TBBK. Analysts at BTIG Research downgraded shares of Bancorp from a “buy” rating to a “neutral” rating in a research note on Wednesday. Separately, analysts at Sterne Agee downgraded shares of Bancorp from a “buy” rating to a “neutral” rating in a research note on Wednesday. Finally, analysts at TheStreet downgraded shares of Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, May 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $14.80.

The Bancorp, Inc is a financial holding company with a wholly owned subsidiary, The Bancorp Bank (NASDAQ:TBBK).

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