Alert: Positive Investment/Fundamental Signals (11/6/23)-The Bancorp Inc (NASDAQ: TBBK)


Recent extremely meaningful positive changes in investment behavior have benefitted The Bancorp Inc (NASDAQ: TBBK): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

The Bancorp Inc (NASDAQ: TBBK) has recently enjoyed significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

TBBK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Bancorp has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Bancorp has a neutral Appreciation Score of 53 but a good Power Rating of 85, triggering the Positive Value Trend Rating.

Recent Price Action

The Bancorp Inc (NASDAQ: TBBK) stock declined slightly by -0.1% on 11/6/23. The stock closed at $39.22. The stock has risen 12.8% during the last week and has been exceptionally strong relative to the market over the last nine months.

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