TBBK / The Bancorp (TBBK) Moves to Strong Buy: Rationale Behind the Upgrade

The headline numbers for The Bancorp (TBBK) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile more_horizontal

The Bancorp, despite appearing expensive from a valuation perspective, offers attractive growth prospects and a diverse range of services. The bank ha more_horizontal

The Bancorp, Inc. (NASDAQ:TBBK ) Q2 2023 Earnings Conference Call July 28, 2023 8:00 AM ET Company Participants Andres Viroslav - Investor Relations D more_horizontal

Although the revenue and EPS for The Bancorp (TBBK) give a sense of how its business performed in the quarter ended June 2023, it might be worth consi more_horizontal

The Bancorp (TBBK) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earn more_horizontal

The Bancorp (TBBK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might d more_horizontal

The average of price targets set by Wall Street analysts indicates a potential upside of 26.4% in The Bancorp (TBBK). While the effectiveness of this more_horizontal

Decent loan demand, a solid balance sheet and higher rates will keep supporting The Bancorp's (TBBK) financials going forward. This makes the stock wo more_horizontal