The Bancorp (TBBK) Reports In-Line Q1 EPS
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The Bancorp, Inc. Reports First Quarter Financial Results
April 25, 2024 4:06 PM EDTWILMINGTON, Del.--(BUSINESS WIRE)-- The Bancorp, Inc. (The Bancorp or the Company or we or our) (NASDAQ: TBBK), a financial holding company, today reported financial results for the first quarter of 2024.
Recent Developments
The Bancorp has increased its share repurchase authorization for the second quarter of 2024 from $50.0 million to $100.0 million. In April 2024, the Company began purchasing additional fixed rate agency backed commercial and residential mortgage securities of varying maturities, with an approximate 5.11% weighted average yield, and estimated weighted average lives of... More