The Bancorp (TBBK) Tops Q2 EPS by 8c
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The Bancorp, Inc. Reports Second Quarter 2021 Financial Results
July 29, 2021 4:05 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 2021.
Highlights
For the quarter ended June 30, 2021, The Bancorp earned net income of $29.2 million from continuing operations, and $0.50 diluted earnings per share from combined continuing and discontinued operations. Return on assets and equity for the quarter ended June 30, 2021 amounted to 1.7% and 19%, respectively, compared to 1.3% and 16%, respectively, for the quarter ended June 30, 2020 (all percentages annualized.) Net interest margin amounted to 3.19% for the quarter... More