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TBBK - The Bancorp: An Atypical Bank That Keeps Growing
The Bancorp Inc.
2024-02-03 22:48:30 ET
Summary
The Bancorp has reported positive Q4 2023 results, with increased profitability ratios and a 54% increase in EPS.
TBBK does not issue dividends but tends to purchase its own shares.
TBBK's future profitability may be impacted by changes in interest rates, but management is implementing strategies to mitigate potential risks.
The Bancorp ( TBBK ) is a bank headquartered in Wilmington, Delaware. Unlike many other regional banks, TBBK has a very elastic financial structure, dictated by the prevalence of short-term variable loans....