The Bancorp, Inc. (TBBK) Earnings
The Bancorp, Inc. is expected to report next earnings on July 23, 2026 (in NaN days), with a consensus EPS estimate of $1.37. TBBK has beaten EPS estimates in 3 of its last 12 reported quarters (average surprise -4.4% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 24, 2026 | $1.34 | $1.41 | +5.2% | $161M | -14.8% |
| Jan 29, 2026 | $1.46 | $1.28 | -12.3% | $170M | +69.2% |
| Oct 23, 2025 | $1.33 | $1.18 | -11.3% | $175M | +7.6% |
| Jul 24, 2025 | $1.26 | $1.27 | +0.8% | $181M | +85.3% |
| Apr 24, 2025 | $1.22 | $1.19 | -2.5% | $175M | +62.8% |
| Jan 30, 2025 | $1.13 | $1.15 | +1.8% | $149M | +54.2% |
| Oct 24, 2024 | $1.13 | $1.04 | -8.0% | $126M | -3.6% |
| Jul 25, 2024 | $1.07 | $1.05 | -1.9% | $125M | +29.2% |
| Apr 25, 2024 | $1.06 | $1.06 | +0.0% | $124M | +6.0% |
| Jan 25, 2024 | $0.95 | $0.81 | -14.7% | $109M | +20.4% |
| Oct 26, 2023 | $0.93 | $0.92 | -1.1% | $116M | +28.3% |
| Jul 27, 2023 | $0.88 | $0.89 | +1.1% | $117M | +27.5% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 24, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Damian stated Bancorp earned $1.41 per share in the fourth quarter, with EPS growth of 18% year-over-year. First quarter ROE was 35.1 and ROA was 2.57. FinTech GDV continued to grow at 18% year over year. Revenue growth in the quarter, including both fee and spread revenue, was 15% year over year. The three main FinTech initiatives were moving forward quickly. The Cash App program had been launched and would ramp up during 2026 and 2027. Credit sponsorship balances soared to 1.65 billion in the first quarter, a 50% non-annualized increase over the fourth quarter of 2025. The company expected to launch at least two significant additional programs in 2026. The Embedded Finance Platform was close to completing the development of its first operational use case, and they planned to announce at least one client in this area in 2026. Continued progress was made in reducing criticized assets, which declined from 194.5 million to 163.1 million, or 16% per quarter. The 2026 EPS guidance was maintained at 590, with $1.75 per share expected in the fourth quarter. The 2027 EPS was expected to be in the range of 810 to 830. 2026 buybacks were forecast to be 200 million total and 50 million per quarter. 2027 buybacks were near 100% of net income in the year. • Dominic mentioned that the first quarter built on momentum and strategy. Ending loans for the quarter were $7.75 billion, with a 9% non-annualized linked quarter growth and 22% growth year over year. Credit sponsorship growth accounted for 88% of total loan growth linked quarter and 83% of total loan growth year over year, bringing the segment to approximately 21% of total loans. Average deposit growth was 9% non-annualized linked quarter. NIM was 3.87 in the quarter, down 43 basis points from the prior quarter and 20 basis points from the prior year's quarter. FinTech fee revenue was 29%. There was improvement in Rebel credit metrics, with rebel criticized loans down 24 million or 29% to 59 million from the prior quarter and down 75% over the last 18 months. The traditional lending portfolio saw a provision reversal of $1.3 million. Non-interest expense for the quarter was $55 million, with an efficiency ratio of 41.5% when excluding the credit enhancement revenue. The company was leveraging AI and redefining costs across the organization to improve efficiency and support FinTech initiatives
Guidance
• The 2026 EPS guidance was maintained at 590, with $1.75 per share expected in the fourth quarter. • The 2027 EPS was expected to be in the range of 810 to 830. • 2026 buybacks were forecast to be 200 million total and 50 million per quarter. • 2027 buybacks were near 100% of net income in the year
Segment performance
FinTech GDV grows at 18% year over year. Revenue growth in the quarter is 15% year over year. Credit sponsorship balances soared to 1.65 billion in Q1, a 50% non-annualized increase over Q4 2025. Ending loans for the quarter are $7.75 billion, with 9% non-annualized linked quarter growth and 22% growth year over year. Credit sponsorship growth accounted for 88% of total loan growth linked quarter and 83% of total loan growth year over year, bringing the segment to approximately 21% of total loans. Average deposit growth is 9% non-annualized linked quarter. NIM is 3.87 in the quarter, down 43 basis points from the prior quarter and 20 basis points from the prior year's quarter. FinTech fee revenue is 29% compared to 27% for both the prior quarter and prior year quarter. Non-interest expense for the quarter is $55 million, with an efficiency ratio of 41.5% when excluding the credit enhancement revenue. Criticized assets declined from 194.5 million to 163.1 million, a 16% decrease per quarter
Risks & headwinds
• Uncertainty surrounding the proposed executive order on banks being required to obtain funds citizenship info, with unclear impact on the company's prepaid card products and other business areas as details were not clear at the time
Analyst Q&A
Q: With 2026 EPS outlook reiterated, talk more about the embedded finance offering and its impact on 2026 results, how long to onboard the first partner.
A: There was very little revenue for embedded finance in 2026. The company was likely to announce at least one partner, but the impact would be fulfilled in 2027 and 2028.
Q: Thoughts on the timing of selling the Aubrey property, sale price change, and redeploying proceeds.
A: The company was going to return 100% of share buyback from net income until an appropriate multiple was reached. They continued to invest in the property, with an occupancy rate of available rooms at 80% even as it was doubled, and planned to finish the remaining 50 units. The property was expected to be operating break even by the end of the current quarter.
Q: How much of the balance sheet to dedicate to credit-enhanced loans.
A: All of it for credit-sponsored loans, depending on the program. Chime was a special case, and originally, they were thinking 10% of the balance sheet, but then thought more like 30 or 40% of the balance sheet possibly in the next 3-4 years.
Q: Talk about the shift in LLR for FinTech loans.
A: The secured product outperformed growth in the quarter, with a mixed shift towards it having a lower loan loss reserve. Across all products, it continued to improve with customer performance and growth.
Q: Pace of FinTech loan growth and its adjustment to fee income or NIM.
A: The success in the quarter was pleasing, and it did not change the full year targets. It demonstrated the strength of the balance sheet and fees from churn, with the balance sheet being a little higher earlier than originally expected.
Q: New cash program launch and its contribution in the first quarter.
A: There was very little contribution in the first quarter, a lot of work had been done, and it would ramp up in 2026 and start being meaningful by the end of 2026.
Q: Profitability on FinTech loans, volume, and maturity.
A: It was difficult to give clarity on volume and maturity as it had not been announced, with different use cases, and they intended to do it on the balance sheet and securitize, with loans being able to be short term.
Q: Update on the Rebel book credit metrics, maturities, and refinancing.
A: The bubble of origination had worked through the system, with loans rolling off in the low eights and being put on in the mid sixes, resulting in natural portfolio churn due to the interest rate environment.
Q: Risk or opportunity from the proposed executive order on banks obtaining funds citizenship info.
A: It was difficult to comment as details were unclear, but everyone would have to do it if implemented, with the company already collecting a lot of information depending on the type of account