secwatch.observer — SEC 8-K summary
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Issuer:     Bancorp, Inc. (TBBK)
CIK:        0001295401
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0000950159-22-000179
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bancorp Q2 EPS $0.53 beats $0.50 YoY; raises FY2022 guidance to $2.25-$2.30
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- Net income $30.4M ($0.53 diluted EPS) vs $29.4M ($0.50) in Q2 2021; pre-tax income $41.1M.
- Total loans (excl commercial loans at fair value) $4.75B, up 61% YoY; SBLOC/IBLOC/advisor financing up 35% YoY.
- GDV $28.39B, up 5% YoY; net interest margin 3.17% vs 3.19%.
- Book value per share $11.55, up 7% YoY; repurchased 577,926 shares at avg $25.95.
- Full year 2022 EPS guidance raised from $2.15 to $2.25-$2.30 (excl repurchases).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295401/000095015922000179/0000950159-22-000179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295401/000095015922000179/bancorp8k.htm
  HTML page:      https://secwatch.observer/filing/0000950159-22-000179

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer