Here's What Key Metrics Tell Us About The Bancorp (TBBK) Q3 Earnings

25.10.24 00:30 Uhr

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For the quarter ended September 2024, The Bancorp (TBBK) reported revenue of $125.84 million, up 8.8% over the same period last year. EPS came in at $1.04, compared to $0.92 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $131.34 million, representing a surprise of -4.19%. The company delivered an EPS surprise of -7.14%, with the consensus EPS estimate being $1.12.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how The Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 42% compared to the 38.8% average estimate based on two analysts. Net Interest Margin: 4.8% versus the two-analyst average estimate of 5%. Average Interest-Earning Assets: $7.85 billion versus the two-analyst average estimate of $7.93 billion. Total Non-Interest Income: $32.11 million compared to the $32.08 million average estimate based on two analysts. Net Interest Income: $93.73 million versus the two-analyst average estimate of $98.78 million. View all Key Company Metrics for The Bancorp here>>>Shares of The Bancorp have returned +6.8% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Bancorp, Inc. (TBBK): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

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