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Bancorp Inc (TBBK.OQ)

TBBK.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Bancorp reports Q3 earnings per share $0.13
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Bancorp Inc :The Bancorp, Inc. Reports third quarter 2017 financial results.Q3 earnings per share $0.12 from continuing operations.Q3 earnings per share $0.13.Q3 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.Bancorp- ‍net interest income increased 19% to $27.9 million for quarter ended sept. 30, 2017, compared to $23.5 million for quarter ended september 30, 2016​.  Full Article

Federal Deposit Insurance intends to pursue restitution order against a unit of Bancorp
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Bancorp Inc :Bancorp - ‍on Oct 17, Federal Deposit Insurance Corp informed unit of co it intends to pursue order for restitution - SEC filing.Bancorp - order for restitution to unit is to pay civil money penalty in an amount up to $2.6 million.Bancorp Inc - ‍co will accrue $2.5 million of related expense in its financial statements for quarter ended September 30, 2017 in connection with CMP order​.  Full Article

Bancorp Inc reports Q4 loss of $0.52 per share
Thursday, 9 Feb 2017 

Bancorp Inc : The bancorp, inc. Reports fourth quarter and fiscal 2016 financial results . Q4 loss per share $0.43 from continuing operations . Q4 loss per share $0.52 . Q4 earnings per share view $0.05 -- Thomson Reuters I/B/E/S .Bancorp inc says net interest income increased 34% to $25.0 million for quarter ended december 31, 2016.  Full Article

Bancorp files for stock offering of 17.5 mln shares - SEC filing
Wednesday, 5 Oct 2016 

Bancorp Inc :Bancorp Inc files for common stock offering of 17.5 mln shares for proposed maximum aggregate offering price of upto $109.5 mln - SEC filing.  Full Article

Bancorp Inc announces sale of $65 mln of discontinued commercial loans
Wednesday, 24 Aug 2016 

Bancorp Inc : The Bancorp, Inc announces sale of $65 million of discontinued commercial loans . Sale reduced discontinued commercial loan portfolio, net of marks, from $400 million at June 30 to about $335 million, down 16 pct, at August 22, 2016 .Says a gain of approximately $500,000 was recognized upon sale which closed on August 22, 2016.  Full Article

Bancorp says it has sold $78.6 mln in equity financing
Thursday, 18 Aug 2016 

Bancorp Inc :Says it has sold $78.6 million in equity financing - SEC filing.  Full Article

Bancorp entered into securities purchase deal
Monday, 8 Aug 2016 

Bancorp Inc : Entered into securities purchase deal with institutional, accredited investors; Co sold 7.6 million of Co's common stock at $4.50 per share . Upon closing, two investors will be entitled to have one representative each appointed to both Co's and Bancorp Bank's board of directors .Intends to use proceeds to make investments relating to its business.  Full Article

Bancorp Q2 loss per share $0.83
Thursday, 28 Jul 2016 

Bancorp Inc : The Bancorp, Inc reports second quarter 2016 financial results . Q2 loss per share $0.47 from continuing operations . Q2 loss per share $0.83 . Q2 earnings per share view $-0.23 -- Thomson Reuters I/B/E/S . Net interest income increased 23% to $20.9 million for quarter ended June 30, 2016 compared to $17.0 million for quarter ended June 30, 2015 .Net interest margin increased to 2.73% for quarter ended june 30, 2016 compared to 2.23% for quarter ended June 30, 2015.  Full Article

Bancorp names Damian Kozlowski CEO
Tuesday, 24 May 2016 

Bancorp Inc : Kozlowski succeeds interim chief executive officer John Chrystal, who will work with Kozlowski to ensure a smooth transition .The Bancorp's board of directors announces Damian Kozlowski as new CEO and president.  Full Article

BRIEF-Bancorp reports Q3 earnings per share $0.13

* The Bancorp, Inc. Reports third quarter 2017 financial results