Press coverage about Bancorp (NASDAQ:TBBK) has trended somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bancorp earned a news impact score of 1.43 on their scale. InfoTrie also gave headlines about the bank an news buzz score of 4 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have impacted Bancorp’s ranking:
- Should You Worry About The Bancorp Inc’s (NASDAQ:TBBK) CEO Pay? (finance.yahoo.com)
- $50.19 Million in Sales Expected for Bancorp Inc (TBBK) This Quarter (americanbankingnews.com)
- Why The Bancorp (TBBK) Might be Well Poised for a Surge (zacks.com)
- Analysts Anticipate Bancorp Inc (TBBK) Will Post Earnings of $0.17 Per Share (americanbankingnews.com)
- Bancorp (TBBK) Earns Media Impact Rating of 2.08 (americanbankingnews.com)
A number of equities analysts recently weighed in on TBBK shares. Zacks Investment Research lowered shares of Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, August 1st. BidaskClub lowered shares of Bancorp from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 18th. TheStreet lowered shares of Bancorp from a “b” rating to a “c” rating in a research report on Thursday, August 30th. Finally, ValuEngine lowered shares of Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, October 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $11.00.
Shares of NASDAQ:TBBK opened at $10.52 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.51. Bancorp has a fifty-two week low of $8.52 and a fifty-two week high of $12.00. The firm has a market cap of $589.30 million, a P/E ratio of 20.63 and a beta of 0.98.
Bancorp (NASDAQ:TBBK) last issued its earnings results on Thursday, October 25th. The bank reported ($0.14) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.31). Bancorp had a return on equity of 11.88% and a net margin of 6.61%. The company had revenue of $121.60 million for the quarter, compared to the consensus estimate of $120.75 million. Research analysts anticipate that Bancorp will post 0.78 earnings per share for the current year.
In related news, Director Daniel G. Cohen sold 25,000 shares of the company’s stock in a transaction on Friday, August 24th. The shares were sold at an average price of $9.63, for a total transaction of $240,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.10% of the stock is currently owned by corporate insiders.
The Bancorp, Inc operates as the financial holding company for The Bancorp Bank that provides banking products and services in the United States. The company offers a range of deposit products and services, including checking accounts, savings accounts, money market accounts, commercial accounts, and retirement accounts.
Further Reading: Fundamental Analysis and Individual Investors
Receive News & Ratings for Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.