The Bancorp (TBBK) Misses Q2 EPS by 3c
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The Bancorp, Inc. Reports Second Quarter 2018 Financial Results
July 26, 2018 4:15 PM EDTWILMINGTON, Del.--(BUSINESS WIRE)-- The Bancorp, Inc. ("The Bancorp") (NASDAQ: TBBK), a financial holding company, today reported financial results for the second quarter of 2018.
Highlights
Pretax income from continuing operations increased 9% to $8.4 million for the quarter ended June 30, 2018 compared to $7.7 million for the quarter ended June 30, 2017. Net interest income increased 9% to $29.5 million for the quarter ended June 30, 2018, compared to $27.2 million for the quarter ended June 30, 2017. Interest income on security backed lines of credit (SBLOC) loans increased 43% to $7.4 million for the quarter ended... More