The Bancorp, Inc. (TBBK) Stock

The Bancorp, Inc. (TBBK) is a Financials stock trading at $66.91 (as of 2026-08-20), with a market capitalization of $2.79B and a trailing P/E of 12.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

The Bancorp, Inc. operates as the financial holding company for The Bancorp Bank, providing banking services in the United States. Its offerings include deposit accounts, prepaid and debit card services, credit lines secured by securities or insurance cash value, and a range of commercial lending, leasing, and internet banking, as well as payment processing for independent service organizations.

Understand The Bancorp, Inc.: how it makes money

The Bancorp is a bank holding company that offers deposit products, prepaid and debit cards, securities-backed lines of credit, institutional banking services, and commercial fleet leasing, and it makes money primarily through lending activity and related banking fees tied to these customer products.

The profit engine is the combination of secured lending through its lines of credit and loan products, supported by customer deposits and transaction-related banking services (including cards and institutional banking), which together determine earning power and credit performance.

Business quality (Strong): We have only partial operating visibility, because official reportable segment revenue details were not provided, so the business mix by segment is unclear.

Valuation: At 12× earnings, TBBK trades in line with the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Fintech loan footprint: The company tracks Ending Fintech Loans, and also provides guidance-relevant credit metrics tied to that fintech lending exposure.
Deposit base connected to fintech customers: KPI set includes Deposits from Fintech Solutions and multiple average deposit measures, indicating deposits are a key supporting input to funding and net earning capacity.
Secured, collateral-linked lending: The company offers securities-backed lines of credit and other cash value-backed lending, which is structurally tied to collateral characteristics.

Bear case

Credit quality risk in criticized assets: KPI set includes Criticized Assets Ending Balance and bridge-loan credit categorization, so deterioration in credit quality could pressure earnings.
Real estate bridge loan exposure: KPI set separately highlights Real Estate Bridge Loans, including criticized asset classifications, which can be sensitive to underlying collateral performance and refinancing conditions.
Concentration in secured lending products: Because key loan and credit products are closely linked to collateral types (securities-backed and insurance cash value-backed, plus real estate bridge lending), adverse shifts in collateral performance can raise losses.

Valuation — source: SEC EDGAR (first-party)
Price	$66.91
Market Cap	$2.79B
P/E Ratio	12.0
EV / EBITDA	10.4
Price / Book	4.00
Price / Sales	5.07
FCF Yield	26.1%
DCF Value (model)	$59.88
DCF Upside vs Price	-10.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$141.15M
Net Margin	161.7%
Revenue Growth (YoY)	20.8%
EPS Growth (YoY)	14.7%
FCF Growth (YoY)	15.8%

Valuation vs Sector & Industry
Stock P/E	12.0
Sector P/E (Financials)	15.1
Industry P/E (Banking)	12.9
vs Sector	-20.7%
vs Industry	-7.0%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($328.40M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Banking
CEO	Damian Kozlowski
Employees	771
Country	US
IPO Date	2004-02-03

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.