The Bancorp (TBBK) Tops Q3 EPS by 6c
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The Bancorp, Inc. Reports Third Quarter 2021 Financial Results
October 28, 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 third quarter of 2021.
Highlights
For the quarter ended September 30, 2021, The Bancorp earned net income of $28.3 million, or $0.48 diluted earnings per share. Return on assets and equity for the quarter ended September 30, 2021 amounted to 1.8% and 18%, respectively, compared to 1.5% and 17%, respectively, for the quarter ended September 30, 2020 (all percentages annualized.) Net interest margin amounted to 3.35% for the quarter ended September 30, 2021,... More