Currently, there are 47.71M common shares owned by the public and among those 44.45M shares have been available to trade.
The company’s stock has a 5-day price change of -1.90% and 5.38% over the past three months. TBBK shares are trading 14.93% year to date (YTD), with the 12-month market performance up to 41.53% higher. It has a 12-month low price of $29.92 and touched a high of $65.84 over the same period. TBBK has an average intraday trading volume of 464.81K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.56%, 7.74%, and 24.74% respectively.
Institutional ownership of Bancorp Inc (NASDAQ: TBBK) shares accounts for 103.41% of the company’s 47.71M shares outstanding.
It has a market capitalization of $2.90B and a beta (3y monthly) value of 1.58. The stock’s trailing 12-month PE ratio is 14.08, while the earnings-per-share (ttm) stands at $4.30. The company has a debt-to-equity ratio at 0.16. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.41% over the week and 3.70% over the month.
Earnings per share for the fiscal year are expected to increase by 23.47%, and 24.23% over the next financial year.
Looking at the support for the TBBK, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on January 30, 2023, with the firm’s price target at $38. Keefe Bruyette coverage for the Bancorp Inc (TBBK) stock in a research note released on January 12, 2022 offered a Outperform rating with a price target of $40. Raymond James on their part issued Outperform rating on July 31, 2017.
