The Bancorp Quarterly Income Statements Chart
Quarterly
|
Annual
The Bancorp Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2009-12-31 | 2008-03-31 | 2007-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| interest income | |||||||||||||||||||||||
| loans, including fees | 112,326,000 | 108,912,000 | 116,483,000 | 115,062,000 | 114,252,000 | 112,420,000 | 110,592,000 | 107,378,000 | 106,259,000 | 94,517,000 | 75,579,000 | 55,150,000 | 50,591,000 | 48,852,000 | 46,426,000 | 49,454,000 | 47,904,000 | 45,634,000 | 44,433,000 | 41,577,000 | 50,015,000 | 23,289,000 | 25,418,000 |
| investment securities: | |||||||||||||||||||||||
| taxable interest | 22,393,000 | 18,127,000 | 19,767,000 | 17,520,000 | 9,634,000 | 10,258,000 | 9,647,000 | 9,873,000 | 9,300,000 | 8,483,000 | 6,792,000 | 5,432,000 | 4,891,000 | 5,770,000 | 6,882,000 | 7,201,000 | 8,808,000 | 9,228,000 | 7,911,000 | 10,188,000 | |||
| tax-exempt interest | 103,000 | 83,000 | 43,000 | 40,000 | 39,000 | 39,000 | 40,000 | 42,000 | 32,000 | 24,000 | 25,000 | 24,000 | 25,000 | 25,000 | 25,000 | 25,000 | 28,000 | 28,000 | 28,000 | 27,000 | |||
| interest-earning deposits | 8,326,000 | 12,680,000 | 3,387,000 | 4,677,000 | 11,884,000 | 9,356,000 | 8,689,000 | 8,997,000 | 6,585,000 | ||||||||||||||
| interest expense | |||||||||||||||||||||||
| deposits | 43,963,000 | 46,375,000 | 42,698,000 | 39,999,000 | 39,161,000 | 38,222,000 | 38,431,000 | 37,416,000 | 34,460,000 | 27,875,000 | 16,065,000 | 5,590,000 | 1,606,000 | 1,129,000 | 1,209,000 | 1,519,000 | 1,766,000 | 1,813,000 | 1,730,000 | 1,510,000 | 3,932,000 | 11,110,000 | 12,219,000 |
| short-term borrowings | 5,000 | 1,030,000 | 1,295,000 | 19,000 | 37,000 | 234,000 | 271,000 | 1,235,000 | 32,000 | 34,000 | 7,000 | 8,000 | 17,000 | 1,000 | 15,000 | -643,000 | 972,000 | 1,486,000 | |||||
| long-term borrowings | 198,000 | 195,000 | 689,000 | 685,000 | 686,000 | 125,000 | 128,000 | 128,000 | 126,000 | 498,000 | 506,000 | ||||||||||||
| senior debt | 1,233,000 | 1,234,000 | 1,234,000 | 1,234,000 | 1,233,000 | 1,234,000 | 1,234,000 | 1,280,000 | 1,279,000 | 1,280,000 | 1,279,000 | 1,280,000 | 1,279,000 | 1,280,000 | 1,279,000 | 1,280,000 | 1,279,000 | 1,280,000 | 633,000 | ||||
| subordinated debentures | 257,000 | 255,000 | 297,000 | 291,000 | 292,000 | 296,000 | 293,000 | 271,000 | 261,000 | 226,000 | 177,000 | 139,000 | 116,000 | 112,000 | 112,000 | 112,000 | 113,000 | 116,000 | 118,000 | 128,000 | |||
| net interest income | 97,492,000 | 91,743,000 | 93,732,000 | 93,795,000 | 94,418,000 | 92,159,000 | 88,882,000 | 87,195,000 | 85,816,000 | 76,760,000 | 64,659,000 | 54,569,000 | 52,853,000 | 52,157,000 | 50,893,000 | 54,069,000 | 53,757,000 | 51,713,000 | 49,996,000 | 50,246,000 | 51,362,000 | 12,347,000 | 13,753,000 |
| benefit from credit losses on non-consumer fintech loans | 1,494,000 | 874,000 | |||||||||||||||||||||
| benefit from credit losses on consumer fintech loans | 43,233,000 | 45,868,000 | |||||||||||||||||||||
| provision (reversal) for unfunded commitments | -364,000 | 111,000 | 79,000 | ||||||||||||||||||||
| net interest income after provision (reversal) for credit losses | 53,129,000 | 44,890,000 | |||||||||||||||||||||
| non-interest income | |||||||||||||||||||||||
| fintech fees | |||||||||||||||||||||||
| ach, card and other payment processing fees | 5,562,000 | 5,132,000 | 3,892,000 | 3,000,000 | 2,964,000 | 2,669,000 | 2,553,000 | 2,429,000 | 2,171,000 | 2,383,000 | 2,230,000 | 2,338,000 | 1,984,000 | 1,921,000 | 1,905,000 | 1,904,000 | 1,796,000 | 1,788,000 | 1,760,000 | 1,707,000 | |||
| prepaid, debit card and related fees | 26,113,000 | 25,714,000 | 23,907,000 | 24,755,000 | 24,286,000 | 22,404,000 | 21,513,000 | 22,177,000 | 23,323,000 | 19,371,000 | 19,175,000 | 20,038,000 | 18,652,000 | 17,776,000 | 18,223,000 | 19,447,000 | 19,208,000 | 17,818,000 | 19,434,000 | 18,673,000 | |||
| consumer credit fintech fees | 3,970,000 | 3,600,000 | 1,600,000 | 140,000 | |||||||||||||||||||
| total fintech fees | 35,645,000 | 34,446,000 | 29,399,000 | ||||||||||||||||||||
| net realized and unrealized gains | |||||||||||||||||||||||
| on commercial loans, at fair value | 344,000 | 361,000 | 606,000 | 503,000 | 1,096,000 | 1,042,750 | 525,000 | 1,921,000 | 1,725,000 | 2,815,500 | 745,000 | 3,682,000 | 3,383,000 | ||||||||||
| leasing related income | 2,131,000 | 1,972,000 | 1,072,000 | 1,429,000 | 388,000 | 1,556,000 | 1,767,000 | 1,511,000 | 1,490,000 | 1,256,000 | 1,048,000 | 1,545,000 | 973,000 | 1,757,000 | 1,968,000 | 1,767,000 | 965,000 | 499,000 | 1,519,000 | 443,000 | |||
| consumer fintech loan credit enhancement | 43,233,000 | 45,868,000 | |||||||||||||||||||||
| other | 2,390,000 | 995,000 | 1,031,000 | 895,000 | 648,000 | 786,000 | 422,000 | 1,298,000 | 280,000 | 461,000 | 228,000 | 350,000 | 120,000 | 768,000 | 186,000 | 164,000 | 109,000 | 1,650,000 | 947,000 | 478,000 | 915,000 | 252,000 | 243,000 |
| total non-interest income | 83,743,000 | 83,642,000 | 32,108,000 | 30,722,000 | 29,382,000 | 26,989,000 | 26,780,000 | 29,336,000 | 28,989,000 | 25,740,000 | 23,426,000 | 27,953,000 | 25,112,000 | 28,226,000 | 26,588,000 | 25,861,000 | 24,074,000 | 23,300,000 | 24,352,000 | 20,366,000 | 8,343,000 | 3,476,000 | 1,161,000 |
| non-interest expense | |||||||||||||||||||||||
| salaries and employee benefits | 37,134,000 | 33,669,000 | 33,821,000 | 33,863,000 | 30,280,000 | 27,628,000 | 30,475,000 | 33,167,000 | 29,785,000 | 27,520,000 | 28,001,000 | 25,999,000 | 23,848,000 | 28,159,000 | 25,094,000 | 27,087,000 | 25,658,000 | 27,087,000 | 26,417,000 | 25,492,000 | 18,366,000 | 4,951,000 | 3,699,000 |
| depreciation | 1,125,000 | 1,104,000 | 1,047,000 | ||||||||||||||||||||
| rent and related occupancy cost | 1,717,000 | 1,568,000 | 1,734,000 | 1,686,000 | 1,640,000 | 1,715,000 | 1,510,000 | 1,361,000 | 1,394,000 | 1,362,000 | 1,268,000 | 1,274,000 | 1,289,000 | 1,239,000 | 1,256,000 | 1,271,000 | 1,250,000 | 1,350,000 | 1,376,000 | 1,396,000 | |||
| data processing expense | 1,227,000 | 1,205,000 | 1,408,000 | 1,423,000 | 1,421,000 | 1,324,000 | 1,404,000 | 1,398,000 | 1,321,000 | 1,245,000 | 1,292,000 | 1,246,000 | 1,189,000 | 1,183,000 | 1,209,000 | 1,146,000 | 1,126,000 | 1,174,000 | 1,192,000 | 1,177,000 | 5,780,000 | 976,000 | 747,000 |
| audit expense | 545,000 | 654,000 | 403,000 | 319,000 | 359,000 | 365,000 | 446,000 | 417,000 | 392,000 | 419,000 | 366,000 | 379,000 | 362,000 | 359,000 | 356,000 | 391,000 | 363,000 | -144,000 | 397,000 | 407,000 | |||
| legal expense | 1,863,000 | 1,957,000 | 1,055,000 | 633,000 | 821,000 | 740,000 | 1,203,000 | 949,000 | 958,000 | 703,000 | 907,000 | 1,474,000 | 794,000 | 1,499,000 | 1,251,000 | 2,044,000 | 2,054,000 | 1,005,000 | 994,000 | 2,229,000 | |||
| fdic insurance | 1,202,000 | 1,053,000 | 904,000 | 869,000 | 845,000 | 724,000 | 806,000 | 472,000 | 955,000 | 944,000 | 679,000 | 673,000 | 974,000 | 351,000 | 266,000 | 2,589,000 | 2,380,000 | 2,121,000 | 2,180,000 | 2,918,000 | |||
| software | 5,144,000 | 5,013,000 | 4,561,000 | 4,637,000 | 4,489,000 | 4,368,000 | 4,427,000 | 4,317,000 | 4,237,000 | 4,181,000 | 4,001,000 | 4,165,000 | 3,864,000 | 4,224,000 | 4,045,000 | 3,706,000 | 3,684,000 | 3,570,000 | 3,595,000 | 3,386,000 | |||
| insurance | 1,145,000 | 1,257,000 | 1,246,000 | 1,282,000 | 1,338,000 | 1,204,000 | 1,321,000 | 1,308,000 | 1,306,000 | 1,334,000 | 1,314,000 | 1,314,000 | 1,064,000 | 1,015,000 | 1,110,000 | 1,026,000 | 745,000 | 759,000 | 741,000 | 695,000 | |||
| telecom and it network communications | 308,000 | 333,000 | 283,000 | 354,000 | 271,000 | 272,000 | 305,000 | 363,000 | 376,000 | 338,000 | 368,000 | 377,000 | 374,000 | 342,000 | 413,000 | 409,000 | 405,000 | 437,000 | 392,000 | 402,000 | |||
| consulting | 436,000 | 456,000 | 418,000 | 562,000 | 578,000 | 526,000 | 448,000 | 642,000 | 322,000 | 360,000 | 339,000 | 260,000 | 303,000 | 474,000 | 448,000 | 240,000 | 264,000 | 350,000 | 410,000 | 346,000 | |||
| total non-interest expense | 57,223,000 | 53,294,000 | 53,255,000 | 51,446,000 | 46,712,000 | 45,610,000 | 47,459,000 | 49,943,000 | 48,030,000 | 43,475,000 | 44,830,000 | 42,845,000 | 38,352,000 | 43,200,000 | 39,384,000 | 43,883,000 | 41,883,000 | 41,783,000 | 42,026,000 | 42,620,000 | 45,816,000 | 10,362,000 | 7,701,000 |
| income before income taxes | 79,649,000 | 75,238,000 | 69,030,000 | 71,819,000 | 74,919,000 | 49,387,500 | 66,451,000 | 66,227,000 | 64,872,000 | ||||||||||||||
| income tax expense | 19,828,000 | 18,065,000 | 17,513,000 | 18,133,000 | 18,490,000 | 15,196,000 | 16,314,000 | 17,218,000 | 15,750,000 | 16,007,000 | 11,829,000 | 10,725,000 | 9,140,000 | 8,529,000 | 8,289,000 | 7,840,000 | 9,066,000 | 8,655,000 | 7,894,000 | ||||
| net income | 59,821,000 | 57,173,000 | 51,517,000 | 53,686,000 | 56,429,000 | 44,028,000 | 50,137,000 | 49,009,000 | 49,122,000 | 40,241,000 | 30,604,000 | 30,402,000 | 28,966,000 | 26,992,000 | 28,261,000 | 29,435,000 | 25,965,000 | 20,068,000 | 1,275,000 | 2,827,000 | 3,854,000 | ||
| yoy | 6.01% | 29.86% | 2.75% | 9.54% | 14.88% | 9.41% | 63.82% | 61.20% | 69.59% | 49.08% | 8.29% | 3.29% | 11.56% | 46.68% | 1936.47% | ||||||||
| qoq | 4.63% | 10.98% | -4.04% | -4.86% | 28.17% | -12.18% | 2.30% | -0.23% | 22.07% | 31.49% | 0.66% | 4.96% | 7.31% | -4.49% | -3.99% | 13.36% | 1473.96% | -54.90% | -26.65% | ||||
| net income margin % | |||||||||||||||||||||||
| net income per share | 1.28 | 1.21 | 1.06 | 1.05 | 1.07 | 0.82 | 0.93 | 0.89 | 0.89 | 0.72 | 0.54 | 0.54 | 0.51 | 0.48 | 0.49 | 0.51 | 0.45 | -0.17 | 0.19 | 0.28 | |||
| weighted-average shares - basic | 46,598,535 | 47,214,050 | 48,759,369 | 50,937,055 | 52,747,140 | 54,506,065 | |||||||||||||||||
| weighted-average shares - diluted | 47,182,770 | 47,959,292 | 49,478,236 | 51,337,491 | 53,326,588 | 55,053,497 | |||||||||||||||||
| benefit from credit losses on loans | 3,476,000 | 1,477,000 | 2,169,000 | ||||||||||||||||||||
| net interest income after benefit from credit losses and provision reversal for unfunded commitments | 90,177,000 | 92,543,000 | |||||||||||||||||||||
| write-downs and other losses on other real estate owned | |||||||||||||||||||||||
| provision reversal for unfunded commitments | -225,000 | ||||||||||||||||||||||
| depreciation and amortization | 1,027,000 | 949,000 | 1,028,000 | 644,000 | 681,000 | 721,000 | 678,000 | 685,000 | 744,000 | 795,000 | 759,000 | 729,000 | 706,000 | 709,000 | 745,000 | 785,000 | 828,000 | ||||||
| printing and supplies | 59,000 | 103,000 | 123,000 | 82,000 | 128,000 | 145,000 | 86,000 | 154,000 | 102,000 | 86,000 | 94,000 | 81,000 | 130,000 | 66,000 | 74,000 | 114,000 | 168,000 | ||||||
| amortization of intangible assets | 100,000 | 99,000 | 100,000 | 99,000 | 100,000 | 99,000 | 100,000 | 99,000 | 100,000 | 99,000 | 100,000 | 99,000 | 100,000 | 99,000 | 115,000 | 147,000 | 147,000 | ||||||
| net interest income after benefit from credit losses | 92,249,000 | 77,845,000 | 87,130,000 | 86,834,000 | 83,913,000 | 73,983,000 | 63,837,000 | 51,346,000 | 50,531,000 | 49,280,000 | 55,020,000 | 52,935,000 | 51,159,000 | 48,699,000 | 49,324,000 | ||||||||
| benefit from credit losses | 1,004,000 | 1,752,000 | 1,903,000 | 2,777,000 | 822,000 | 1,507,000 | 1,626,000 | 1,613,000 | -951,000 | 822,000 | 554,000 | 1,297,000 | 922,000 | ||||||||||
| legal settlement | 1,152,000 | ||||||||||||||||||||||
| civil money penalty | 1,750,000 | ||||||||||||||||||||||
| writedowns and other losses on other real estate owned | 131,000 | 165,000 | |||||||||||||||||||||
| benefit from (reversal of) credit losses | 361,000 | -1,450,000 | |||||||||||||||||||||
| writedown on other real estate owned | 1,019,000 | ||||||||||||||||||||||
| interest earning deposits | 719,000 | 1,525,000 | 1,004,000 | 347,000 | 65,000 | 167,000 | 300,000 | 183,000 | 49,000 | 106,000 | 107,000 | ||||||||||||
| income from continuing operations before income taxes | 56,248,000 | 42,433,000 | 41,127,000 | 38,106,000 | 35,557,000 | 36,484,000 | 36,998,000 | 35,126,000 | 32,676,000 | 31,025,000 | 27,070,000 | ||||||||||||
| net income from continuing operations | 40,241,000 | 30,604,000 | 30,402,000 | 28,966,000 | 27,028,000 | 28,195,000 | 29,158,000 | 26,060,000 | 24,021,000 | 23,131,000 | 20,283,000 | ||||||||||||
| discontinued operations | |||||||||||||||||||||||
| income from discontinued operations before income taxes | -36,000 | 87,000 | 361,000 | -124,000 | -1,096,000 | -1,671,000 | -274,000 | ||||||||||||||||
| income from discontinued operations, net of tax | -36,000 | 66,000 | 277,000 | -95,000 | -215,000 | ||||||||||||||||||
| net interest income after benefit from (reversal of) credit losses | 56,019,000 | ||||||||||||||||||||||
| income tax benefit | 21,000 | 84,000 | -29,000 | -1,246,000 | -1,794,000 | ||||||||||||||||||
| net realized and unrealized gains on commercial loans, | |||||||||||||||||||||||
| at fair value | 2,220,250 | 4,306,000 | 2,579,000 | ||||||||||||||||||||
| change in value of investment in unconsolidated entity | |||||||||||||||||||||||
| net realized and unrealized gains on commercial loans | |||||||||||||||||||||||
| originated for sale | 1,996,000 | 1,538,000 | 684,000 | -940,000 | |||||||||||||||||||
| service fees on deposit accounts | 7,000 | 8,000 | 5,000 | 1,226,000 | 149,000 | 228,000 | |||||||||||||||||
| sec settlement | |||||||||||||||||||||||
| lease termination expense | |||||||||||||||||||||||
| investment securities | 401,500 | 1,606,000 | 1,647,000 | ||||||||||||||||||||
| federal funds sold | -114,000 | 348,000 | 405,000 | ||||||||||||||||||||
| securities sold under agreements to repurchase | 12,000 | 14,000 | 12,000 | ||||||||||||||||||||
| subordinated debt | 634,000 | 249,000 | |||||||||||||||||||||
| long term borrowings | 500 | 2,000 | |||||||||||||||||||||
| benefit from loan and lease losses | 11,650,000 | 1,350,000 | 750,000 | ||||||||||||||||||||
| net interest income after benefit from loan and lease losses | 39,163,000 | 11,546,000 | 13,003,000 | ||||||||||||||||||||
| merchant credit card deposit fees | 435,000 | 270,000 | 244,000 | ||||||||||||||||||||
| stored value processing | 632,750 | 2,531,000 | |||||||||||||||||||||
| loss on sales of investment securities | |||||||||||||||||||||||
| leasing income | 967,000 | 216,000 | 385,000 | ||||||||||||||||||||
| ach processing fees | 485,000 | 58,000 | 61,000 | ||||||||||||||||||||
| occupancy expense | 268,750 | 1,075,000 | 704,000 | ||||||||||||||||||||
| advertising | 683,000 | 187,000 | 172,000 | ||||||||||||||||||||
| professional fees | 130,000 | 520,000 | 416,000 | ||||||||||||||||||||
| amortization of intangible | 62,500 | 250,000 | |||||||||||||||||||||
| net income before income tax | 1,165,000 | 4,660,000 | 6,463,000 | ||||||||||||||||||||
| income tax | 458,250 | 1,833,000 | 2,609,000 | ||||||||||||||||||||
| less preferred stock dividends and accretion | -3,743,000 | -17,000 | -17,000 | ||||||||||||||||||||
| income allocated to series a preferred shareholders | -5,250 | -21,000 | -31,000 | ||||||||||||||||||||
| net income available to common shareholders | -2,447,000 | 2,789,000 | 3,806,000 | ||||||||||||||||||||
| weighted-average number of common shares | |||||||||||||||||||||||
| basic | 14,561,640 | ||||||||||||||||||||||
| diluted | 14,669,003 | ||||||||||||||||||||||
| weighted-average shares—basic | 13,812,944 | ||||||||||||||||||||||
| weighted-average shares—diluted | 14,301,852 |
We provide you with 20 years income statements for The Bancorp stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of The Bancorp stock. Explore the full financial landscape of The Bancorp stock with our expertly curated income statements.
The information provided in this report about The Bancorp stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.