Added to YB: 2024-06-21
Pitch date: 2024-06-20
TBBK [bullish]
The Bancorp, Inc.
+101.35%
current return
Author Info
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
$34.16
Price Target
90.00 (+31%)
Dividend
N/A
EV/EBITDA
N/A
P/E
12.87
EV/Sales
N/A
Sector
Banks
Category
value
The Bancorp, Inc. - $TBBK
TBBK: Niche bank with strong ROE (28%), ROA (3%), EPS growth (20%+ YoY), and efficiency (38%). Insider buying signals confidence. Aggressive buybacks (18% of shares in 2023) could drive EPS to $4.60-$5. Diversified loan portfolio with low historical charge-offs. Block partnership adds non-interest income. 2030 goals: $1B revenue, 40% ROE, 4% ROA. Potential for $80-90 share price (20% CAGR). Risks: Rising NPLs, NIM compression. Currently undervalued at $33.
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