10-K · February 25, 2026
The Bancorp delivered strong top-line growth in 2025 driven by its Fintech Solutions business, with total revenue (interest + non-interest) of $879,702,000 and net income of $228,213,000. Earnings per diluted share rose…
Earnings analysis · 10-Q
TBBK earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
In Q1 2026, The Bancorp reported revenues of $161.34 million and diluted EPS of $1.41, surpassing previous estimates by 5.3% and 5.2% respectively. Despite strong performance in fintech loans, which increased 50% to…
Read full summary
In Q1 2026, The Bancorp reported revenues of $161.34 million and diluted EPS of $1.41, surpassing previous estimates by 5.3% and 5.2% respectively. Despite strong performance in fintech loans, which increased 50% to $1.65 billion, total revenues fell short of estimates largely due to a decrease in interest-related income. Management is focusing on capital returns and maintaining their guidance for EPS, suggesting optimism about future growth in fintech partnerships and fee income.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.41
- Segment
- Fintech Solutions
- Segment
- Credit Solutions
What stood out
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Q1 2026 Revenue and EPS Beat Estimates
Revenue reached $161.34 million, exceeding estimates by $3.9 million, and diluted EPS at $1.41 surpassed estimates of $1.34.
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Significant Growth in Fintech Loans
Fintech loans rose by 50% to $1.65 billion from $1.10 billion at year-end 2025, reflecting successful business expansion.
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Stable Net Income Growth
Net income increased by 5.1% year-over-year to $60.1 million from $57.2 million in Q1 2025.
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Strong Increase in Non-interest Income
Non-interest income from fintech fees grew to $38.1 million in Q1 2026, a 10.8% increase from $34.4 million in the same period last year.
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Improved Shareholder Returns
The company repurchased 843,061 shares at an average price of $59.31 during the quarter, reducing outstanding shares by 1%.
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Lower Provision for Credit Losses
Provision for credit losses decreased to $27.6 million, down $19.3 million from $46.9 million in the prior year, showing improved credit quality.
What to watch
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Decreased Net Interest Income
Net interest income fell to $88.8 million, down 3.2% from $91.7 million in Q1 2025 due to changes in deposit volume and interest collection.
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Non-interest Income Decline
Total non-interest income dropped to $72.5 million in Q1 2026, down $11.1 million from $83.6 million in Q1 2025, led by a decrease in fintech loan credit enhancement income.
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Increasing Non-performing Loans
Total non-performing loans increased to $74.97 million from $73.88 million at the end of 2025, indicating a potential quality concern in the loan portfolio.
Management's outlook
Management anticipates maintaining a full-year EPS guidance of $5.90 and a Q4 EPS target of $1.75.
Earlier filings 4
10-Q · May 8, 2025
The Bancorp reported net income of $57,173 thousand and diluted EPS of $1.19 for the quarter ended March 31, 2025. Results were driven by a large increase in non-interest income ($83,642 thousand) — primarily a $45,868…
10-Q · November 7, 2024
The Bancorp reported a solid quarter with total revenue (net interest income plus non-interest income) of $125,840,000 and diluted EPS of $1.04 for Q3 2024, both up year-over-year. Net income was $51,517,000 while…
10-Q · May 10, 2024
The Bancorp reported quarter-over-quarter and year-over-year growth: total revenue (interest income plus non-interest income) rose to $165,191,000 in Q1 2024 from $151,165,000 in Q1 2023, driving net income of…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.