The Bancorp (TBBK) Misses Q3 EPS by 12c

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Go back to The Bancorp (TBBK) Misses Q3 EPS by 12c

The Bancorp, Inc. Reports Third Quarter 2015 Financial Results

October 29, 2015 6:20 PM EDT

WILMINGTON, Del.--(BUSINESS WIRE)-- The Bancorp, Inc. ("Bancorp") (NASDAQ: TBBK), a financial holding company, today reported financial results for third quarter 2015.

Bancorp reported net loss of $5.6 million or diluted loss per share of $0.15 for third quarter 2015 compared to net income of $25.0 million or $0.66 earnings per diluted share in third quarter 2014. Net loss from continuing operations for third quarter 2015 was $7.4 million or $0.20 per diluted share compared to net income of $5.8 million or $0.15 per diluted share in third quarter 2014. The third quarter 2015 net loss in continuing operations reflected $11.7 million of pretax Bank Secrecy Act... More