Added to YB: 2024-08-14
Pitch date: 2024-06-30
TBBK [bullish]
The Bancorp, Inc.
+82.15%
current return
Author Info
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Company Info
The Bancorp, Inc. operates as the financial holding company for The Bancorp Bank, National Association that provides banking products and services in the United States.
Market Cap
$2.7B
Pitch Price
$37.76
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
12.87
EV/Sales
N/A
Sector
Banks
Category
value
Show full summary:
Fidelity® Stock Selector Mid Cap Fund Portfolio Holding: The Bancorp, Inc.
TBBK: +13% in Q2, top fund holding. Payment services & specialized lender for nonbanks. Stock rebounded after March selloff on misleading CRE lending report. Mgmt talks & increased buybacks post-decline boosted confidence. Fidelity team sees report as inaccurate after review.
Read full article (1 min)