NASDAQ$TBBK

Bancorp Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported strong growth across the platform and increased profitability.

The Bancorp reported a net income of $30.4 million, or $0.53 per diluted share, for the second quarter of 2022. The company is raising its full-year 2022 guidance from $2.15 per share to a range of $2.25 to $2.30 per share.

  • The Bancorp reported net income of $30.4 million, or $0.53 per diluted share, for the quarter ended June 30, 2022.
  • This compares to a net income of $29.4 million, or $0.50 per diluted share, for the quarter ended June 30, 2021.
  • The company anticipates a continued increase in interest rates and expects profitability to steadily increase over the next 18 months.
  • The Bancorp is raising its guidance for 2022 from $2.15 per share to a range of $2.25 to $2.30 per share.

Headline financials

Total Revenue

$82.5M

Previous: $79.9M+3.2%
EPS (adj)

$0.53

Previous: $0.50+6.0%
Capital Expenditures

-$2.12M

Previous: -$1.28M-64.7%
Free Cash Flow

$28.3M

Previous: $28.2M+0.5%
Net Income

$30.4M

Previous: $29.4M+3.3%
Operating Income

$67.5M

Previous: $69.2M-2.5%
Gross Profit

$80.3M

Previous: $79.7M+0.8%
Cash & Equivalents

$343M

Previous: $589M-41.8%
Total Assets

$7.12B

Previous: $6.55B+8.7%
Stock-Based Comp

$1.8M

Previous: $2.21M-18.3%

Revenue & EPS history

Bancorp · Revenue · Quarterly

$82.5M

Q2 2022+3.2%vs Q2 2021
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

The Bancorp raised its guidance for 2022 from $2.15 per share to a range of $2.25 to $2.30 per share. This range excludes the impact of 2022 share repurchases but includes interest rate assumptions based on fed funds expectations.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-0.6%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+5.5%

Avg return

30 days after

50%

33 / 66 earnings

Positive

+23.8%

Q1 2017

Best reaction

-18.4%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.3%-0.7%-8.6%
Q4 2025-15.6%-14.6%-25.6%
Q3 2025-18.4%-18.8%-17.0%
Q2 2025-2.5%-2.0%+12.0%
Q1 2025-3.4%-2.8%+2.8%
Q4 2024+5.9%+8.9%-3.2%
Q3 2024-14.2%-10.5%+4.8%
Q2 2024+5.0%+3.2%+5.5%
Q1 2024-8.3%-10.9%-2.2%
Q4 2023+5.9%+14.0%+6.4%
Q3 2023+7.5%+10.2%+20.2%
Q2 2023-5.1%-5.3%-12.3%
Q1 2023+19.6%+11.4%+23.8%
Q4 2022+15.8%+16.2%+17.4%
Q3 2022+12.6%+12.3%+23.4%
Q2 2022+2.3%-0.7%-1.1%
Q1 2022-4.1%-7.3%-12.2%
Q4 2021-1.9%+8.2%+4.6%
Q3 2021+0.3%+0.3%-3.8%
Q2 2021+3.0%+3.9%+12.7%
Q1 2021-1.3%+9.2%+7.7%
Q4 2020+1.1%+12.2%+22.2%
Q3 2020+10.3%+8.3%+44.5%
Q2 2020+4.2%+1.8%+4.4%
Q1 2020-0.5%-8.7%+16.2%
Q4 2019+2.2%+8.1%+5.2%
Q3 2019+7.3%+7.6%+4.0%
Q2 2019+4.2%+5.6%-3.5%
Q1 2019+16.8%+15.2%+7.1%
Q4 2018+1.6%-0.9%+9.2%
Q3 2018+5.1%+15.3%+13.8%
Q2 2018-8.7%-9.7%-8.7%
Q1 2018+0.5%-5.5%+5.7%
Q4 2017-2.2%-5.0%-0.9%
Q3 2017+2.9%+0.1%+16.5%
Q2 2017+2.4%+2.8%+5.3%
Q1 2017+23.8%+29.0%+17.5%
Q4 2016+1.2%+0.6%-1.6%
Q3 2016-14.7%-9.0%+8.3%
Q2 2016-12.8%-20.2%-0.3%
Q1 2016-7.7%
Q4 2015+4.4%
Q3 2015-8.0%
Q2 2015-12.9%
Q1 2015-9.9%
Q4 2014-2.3%
Q3 2014+2.4%
Q2 2014-15.4%
Q1 2014-15.9%
Q4 2013+5.4%
Q3 2013-8.9%
Q2 2013-5.1%
Q1 2013+0.7%
Q4 2012+6.7%
Q3 2012+0.2%
Q2 2012-3.4%
Q1 2011+2.2%
Q1 2012+4.4%
Q4 2009-2.4%
Q4 2011-2.4%
Q4 2010-2.4%
Q3 2010-3.6%
Q3 2011-3.6%
Q2 2011-2.8%
Q2 2010-2.8%
Q1 2010+2.8%

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