The Bancorp (TBBK) Tops Q4 EPS by 1c
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The Bancorp, Inc. Reports Fourth Quarter 2021 Financial Results
January 27, 2022 4:05 PM ESTWILMINGTON, Del.--(BUSINESS WIRE)-- The Bancorp, Inc. ("The Bancorp") (NASDAQ: TBBK), a financial holding company, today reported financial results for the fourth quarter of 2021.
Highlights
For the quarter ended December 31, 2021, The Bancorp earned net income of $27.0 million, or $0.46 diluted earnings per share. Return on assets and equity for the quarter ended December 31, 2021 amounted to 1.7% and 17%, respectively, compared to 1.6% and 17%, respectively, for the quarter ended December 31, 2020 (all percentages annualized.) Net interest margin amounted to 3.51% for the quarter ended December 31, 2021, compared to... More