The Bancorp, Inc. operates as the financial holding company for The Bancorp Bank that provides banking products and services to individuals, and small and mid-size businesses in the United States. The company was founded in 1999 and is based in Wilmington, Delaware.
WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (NASDAQ:TBBK) Commercial Lending is pleased to announce its new Fleet Alliance offering, which will enable financial institutions to incorporate vehicle and fleet leasing services into their commercial business offerings. The Fleet Alliance program is also offered to equipment leasing companies that do not focus on or provide fleet vehicle financing. The Bancorp Commercial Lending business provides small business loans as well as commercial f
The Bancorp, Inc. (TBBK) Q2 2020 Results Conference Call July 31, 2020 08:00 AM ET Company Participants Andres Viroslav - Director, IR Damian Kozlowski - CEO Paul Frenkiel - CFO Conference Call Participants Frank Schiraldi - Piper Sandler William Wallace - Raymond James Presentation Operator Ladies and gentlemen, thank you...
At this time, it's my pleasure to turn the floor over to Mr. Mark Kochvar. Year-to-date production of $213 million represented 54% increase over the same period of last year and the breakout is about 70% refinancing and we've sold about 78% of loans to Fannie Mae.
WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. ("The Bancorp") (NASDAQ: TBBK), a financial holding company, today reported financial results for the second quarter of 2020. Highlights For the quarter ended June 30, 2020, The Bancorp earned net income of $20.3 million from continuing operations, and $0.35 diluted earnings per share from combined continuing and discontinued operations. Return on assets and equity for the quarter ended June 30, 2020 increased to 1.3% and 15.6%, respectively,