Sei Investments Co. Boosts Holdings in The Bancorp, Inc. $TBBK

Sei Investments Co. lifted its position in shares of The Bancorp, Inc. (NASDAQ:TBBK) by 71.8% in the first quarter, Holdings Channel reports. The institutional investor owned 63,715 shares of the bank’s stock after acquiring an additional 26,618 shares during the quarter. Sei Investments Co.’s holdings in Bancorp were worth $3,423,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TBBK. Hennessy Advisors Inc. grew its position in Bancorp by 33.3% in the fourth quarter. Hennessy Advisors Inc. now owns 40,000 shares of the bank’s stock worth $2,701,000 after acquiring an additional 10,000 shares during the period. Principal Financial Group Inc. raised its position in Bancorp by 8.3% in the first quarter. Principal Financial Group Inc. now owns 352,786 shares of the bank’s stock valued at $18,955,000 after purchasing an additional 27,058 shares during the period. BW Gestao de Investimentos Ltda. purchased a new stake in Bancorp in the fourth quarter valued at $7,427,000. SG Americas Securities LLC lifted its stake in shares of Bancorp by 479.2% in the 1st quarter. SG Americas Securities LLC now owns 84,465 shares of the bank’s stock valued at $4,538,000 after purchasing an additional 69,881 shares during the last quarter. Finally, Jupiter Asset Management Ltd. lifted its stake in shares of Bancorp by 148.6% in the 4th quarter. Jupiter Asset Management Ltd. now owns 403,248 shares of the bank’s stock valued at $27,227,000 after purchasing an additional 241,058 shares during the last quarter. Hedge funds and other institutional investors own 96.22% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on TBBK. Raymond James Financial reiterated a “strong-buy” rating and set a $82.00 price target on shares of Bancorp in a report on Friday, July 31st. Bank of America restated a “buy” rating on shares of Bancorp in a report on Monday, July 20th. Weiss Ratings raised shares of Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $79.00 target price (up from $77.00) on shares of Bancorp in a research note on Monday. Finally, Wall Street Zen upgraded shares of Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $70.17.

Insider Activity

In related news, CAO Martin Egan sold 3,057 shares of the business’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $72.03, for a total value of $220,195.71. Following the sale, the chief accounting officer owned 30,219 shares in the company, valued at approximately $2,176,674.57. The trade was a 9.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 6.00% of the company’s stock.

Bancorp Stock Down 1.4%

Shares of NASDAQ TBBK opened at $70.74 on Friday. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 13.30 and a beta of 1.19. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.30. The Bancorp, Inc. has a 52-week low of $50.20 and a 52-week high of $81.65. The business’s 50 day moving average is $62.38 and its two-hundred day moving average is $59.36.

Bancorp (NASDAQ:TBBK) last released its quarterly earnings results on Thursday, July 30th. The bank reported $1.45 EPS for the quarter, topping the consensus estimate of $1.36 by $0.09. Bancorp had a return on equity of 32.32% and a net margin of 32.91%.The business had revenue of $137.74 million during the quarter, compared to analyst estimates of $166.69 million. Bancorp has set its Q4 2026 guidance at 1.650-1.750 EPS and its FY 2026 guidance at 5.950-6.050 EPS. Research analysts predict that The Bancorp, Inc. will post 6.02 EPS for the current year.

Bancorp Profile

The Bancorp, Inc (NASDAQ: TBBK) is a Delaware-chartered bank holding company that provides a range of banking and financial services to individuals, businesses, and financial institutions across the United States. Through its subsidiary, The Bancorp Bank, the company offers FDIC-insured deposit accounts, cash management solutions and specialized lending products. Its business model focuses on partnering with fintech firms, asset managers and payment processors to deliver integrated banking-as-a-service (BaaS) capabilities.

The company’s product suite includes interest-bearing and non-interest-bearing checking accounts, money market accounts, certificates of deposit and debit and credit card services.