The Bancorp Inc.
TBBKThe Bancorp Inc. (TBBK) is a financial services company specializing in banking and FinTech solutions. It provides a range of banking services, including deposit accounts, payment processing, and private label banking products, primarily serving corporate clients, fintech companies, and government institutions. The company is known for its innovative approach to banking technology and its focus on niche financial markets.
Company News
Lisanti Capital Growth, LLC acquired 98,156 shares of The Bancorp, valued at $7.35 million, signaling investor interest in the fintech-focused bank that provides digital banking and payment infrastructure for platforms like Chime.
Law firm Johnson Fistel is investigating potential securities law violations for four companies, alleging false statements, misleading disclosures, and corporate governance failures.
The consensus price target hints at a 43.1% upside potential for The Bancorp (TBBK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
U.S. stocks traded mixed, with the Dow Jones gaining around 80 points on Friday. Shares of Booz Allen Hamilton Holding Corporation (NYSE: BAH) rose sharply during Friday’s session after the company reported better-than-expected third-quarter financial results, increased its quarterly dividend and raised FY24 guidance. Booz Allen Hamilton poste...
