Bancorp Inc. (NASDAQ: TBBK) on Monday, plunged -3.59% from the previous trading day, before settling in for the closing price of $58.21. Within the past 52 weeks, TBBK’s price has moved between $29.92 and $59.26.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 21.93%. The company achieved an average annual earnings per share of 20.24%. With a float of $44.70 million, this company’s outstanding shares have now reached $53.20 million.
Considering the fact that the conglomerate employs 757 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 85.06%, operating margin of 55.65%, and the pretax margin is 47.96%.
Bancorp Inc. (TBBK) Breakdown of a Key Holders of the stock
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Bancorp Inc. is 8.69%, while institutional ownership is 99.66%. The most recent insider transaction that took place on Jun 03 ’24, was worth 25,006. In this transaction Director of this company sold 766 shares at a rate of $32.64, taking the stock ownership to the 7,638 shares. Before that another transaction happened on May 07 ’24, when Company’s Director bought 1,000 for $32.45, making the entire transaction worth $32,445. This insider now owns 215,038 shares in total.
Bancorp Inc. (TBBK) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.92 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.93) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 17.59% growth over the previous five years of trading.
Bancorp Inc. (NASDAQ: TBBK) Trading Performance Indicators
Bancorp Inc. (TBBK) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.23. Likewise, its price to free cash flow for the trailing twelve months is 13.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.83, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 5.15 in one year’s time.
Technical Analysis of Bancorp Inc. (TBBK)
Compared to the last year’s volume of 0.62 million, its volume of 0.44 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 78.87%. Additionally, its Average True Range was 1.77.
During the past 100 days, Bancorp Inc.’s (TBBK) raw stochastic average was set at 88.68%, which indicates a significant increase from 65.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.80% in the past 14 days, which was lower than the 36.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.54, while its 200-day Moving Average is $41.54. Nevertheless, the first resistance level for the watch stands at $57.63 in the near term. At $59.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $59.96. If the price goes on to break the first support level at $55.30, it is likely to go to the next support level at $54.49. Now, if the price goes above the second support level, the third support stands at $52.97.
Bancorp Inc. (NASDAQ: TBBK) Key Stats
Market capitalization of the company is 2.75 billion based on 52,250K outstanding shares. Right now, sales total 621,600 K and income totals 192,300 K. The company made 168,020 K in profit during its latest quarter, and 53,690 K in sales during its previous quarter.
