2023-07-27 16:38:28 ET
- The Bancorp press release ( NASDAQ: TBBK ): Q2 GAAP EPS of $0.89 beats by $0.01 .
- Revenue of $116.53M (+41.2% Y/Y) beats by $29.44M .
- CEO and President Damian Kozlowski commented, “The Bancorp continued to produce record core profits and exemplar profitability in the second quarter. The outlook remains positive for 2023 and 2024 and we expect increasing profitability and earnings per share, while navigating a difficult market environment for most banks. We are maintaining guidance at $3.60 a share, without including the impact of anticipated share buy backs of $25 million per quarter in 2023.”
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The Bancorp GAAP EPS of $0.89 beats by $0.01, revenue of $116.53M beats by $29.44M