NASDAQ$TBBK

Bancorp Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year of 2023.

The Bancorp reported financial results for the fourth quarter and full year of 2023, demonstrating resilience amidst market turmoil and interest rate hikes.

  • The company confirmed 2024 guidance of $4.25 a share.
  • Guidance does not include the impact of share buybacks of $200 million for the year, or $50 million a quarter.
  • The Bank purchased a $10.0 million trust preferred security in 2006.
  • The Bank took a charge for the full amount of the security through a provision for credit loss.

Headline financials

Total Revenue

$92.2M

Previous: $76.8M+20.1%
EPS (adj)

$0.95

Previous: $0.71+33.8%
Capital Expenditures

$320K

Previous: $639K-49.9%
Net Income

$44M

Previous: $40.2M+9.4%
Stock-Based Comp

$2.7M

Previous: $2.04M+32.2%

Revenue & EPS history

Bancorp · Revenue · Quarterly

$92.2M

Q4 2023+20.1%vs Q4 2022
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

The Bancorp confirms 2024 guidance without including the impact of share buybacks.

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 2023

Historical avgQ4 2023

-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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