The Bancorp (TBBK) Misses Q1 EPS by 9c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/2/2026

1. CRWD
2. REGN
3. LYB
4. TFII
5. LITE
6. CL
7. RELIANCE:I
8. BP
9. ABBV
10. CVX

Go back to The Bancorp (TBBK) Misses Q1 EPS by 9c

The Bancorp, Inc. Reports First Quarter 2016 Financial Results

April 28, 2016 5:25 PM EDT

WILMINGTON, Del.--(BUSINESS WIRE)-- The Bancorp, Inc. ("The Bancorp") (NASDAQ: TBBK), a financial holding company, today reported financial results for first quarter 2016.

Highlights

Net interest income increased 24% to $20.6 million for the quarter ended March 31, 2016 compared to $16.5 million for the quarter ended March 31, 2015. Loans and continuing operations loans held for sale increased 29% to $1.43 billion at March 31, 2016 compared to $1.11 billion at March 31, 2015. Small Business Administration (SBA) loans increased 51% to $334.4 million from $221.9 million at March 31, 2015. Security backed lines of credit (SBLOC) increased 32% to $592.7 million from $447.6 million at... More