Bancorp, Inc. (TBBK) stock analysis

P/E below its 5-year median

Bancorp's P/E of 8.6 is below its own 5-year median of 12.7.

P/E below the industry

Bancorp's P/E of 8.6 is below the Commercial Banks median of 12.1.

P/S below the industry

Bancorp's price-to-sales of 2.94 is below the Commercial Banks median of 3.60.

P/B above the industry

Bancorp's price-to-book of 2.93 is above the Commercial Banks median of 1.29.

Trading below fair value

The share price of $48.61 is below our fair value estimate of $52.31.

Margin of safety under 20%

The price is 7.1% below fair value, less than the 20% cushion we look for.

Revenue growing 10%+ a year

Revenue grew 17.9% a year over the last three fiscal years.

EPS growing 10%+ a year

Diluted EPS grew 29.4% a year over the last three fiscal years.

Earnings growth not accelerating

Net income grew 5.3% over the last twelve months, against a 5-year average of 23.3% a year.

Growing slower than the industry

Revenue grew -2.5% over the last twelve months; the Commercial Banks median is 11.3%.

Guidance lowered

Bancorp lowered its 2027 EPS outlook on Jul 30, 2026.

Gross margin trend

Banks and insurers do not report gross profit.

Return on equity over 15%

Return on equity was 33.0% over the last twelve months and averaged 24.2% over five years.

Return on assets over 1%

Return on assets was 2.7%; for a bank or insurer, 1% or more is considered good.

Return on equity above the industry

Bancorp's return on equity of 33.0% is above the Commercial Banks median of 11.5%.

Earnings grew over 5 years

Net income grew 23.3% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 35.6% over the last twelve months, against a 5-year average of 433%.

Net margin above the industry

Bancorp's net margin of 35.6% is above the Commercial Banks median of 30.3%.

Thin capital

Equity is 7.2% of total assets; 8% or more is a comfortable cushion.

Loans funded by deposits

Loans equal 98.0% of deposits, so lending is funded by customer deposits.

Thin loan-loss reserve

The allowance for credit losses is 0.9% of loans; we look for at least 1%.

Efficient operations

Non-interest expense takes 34.3% of revenue; under 60% is efficient for a bank.

Deposits growing

Deposits grew 0.1% over the past year.

Heavy borrowings

Borrowings other than deposits are 164% of equity.

No dividend

Bancorp has not paid a dividend in the last twelve months.

Yield against Treasuries

No dividend.

Yield against the market

No dividend.

Dividend stability

No dividend.

Earnings cover

No dividend.

Cash-flow cover

No dividend.