NASDAQ$TBBK

Bancorp Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

The Bancorp reported financial results with increased spread and fee income.

The Bancorp reported a net income of $1.9 million, or $0.03 income per diluted share, for the quarter ended December 31, 2019. The results reflect a $7.5 million non-deductible FDIC civil money penalty.

  • Experienced across the board increases in both spread and fee income.
  • Driven by significantly higher loan balances and GDV growth.
  • Performance in the 4th quarter positioned the company well for continued progress in 2020.
  • Reaffirmed a minimum of $1.25 earnings per share and a $1.34 EPS target for 2020.

Headline financials

Total Revenue

$35.2M

Previous: $30.6M+14.9%
EPS (adj)

$0.18

Previous: $0.15+20.0%
Tier 1 Capital to Average Assets (Leverage)

9.7%

No prior period
Tier 1 Capital to Risk-Weighted Assets

18.9%

No prior period
Total Capital to Risk-Weighted Assets

19.3%

No prior period
Common Equity Tier 1 to Risk-Weighted Assets

18.9%

No prior period
Capital Expenditures

$188K

Previous: $1.73M-89.1%
Free Cash Flow

-$657M

Previous: -$348M-88.8%
Net Income

$1.9M

Previous: $7.12M-73.3%
Gross Profit

$55.7M

Previous: $47.3M+17.7%
Cash & Equivalents

$944M

Previous: $554M+70.4%
Total Assets

$5.66B

Previous: $4.44B+27.5%
Stock-Based Comp

$1.29M

Previous: $433K+198.6%

Revenue & EPS history

Bancorp · Revenue · Quarterly

$35.2M

Q4 2019+14.9%vs Q4 2018
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

Based on current momentum, The Bancorp reaffirms a minimum of $1.25 earnings per share and a $1.34 EPS target for 2020.

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 Q4 2019

Historical avgQ4 2019

-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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