secwatch.observer — SEC 8-K summary
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Issuer:     Bancorp, Inc. (TBBK)
CIK:        0001295401
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0000950159-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The Bancorp Q4 EPS $0.71, up 54% YoY; confirms 2023 EPS guidance $3.20
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- Q4 net income $40.2M ($0.71 diluted EPS) vs $27.0M ($0.46) in Q4 2021, a 54% EPS increase.
- Net interest income rose 47% YoY to $76.8M; NIM expanded to 4.21% from 3.51%.
- Total loans ex commercial at fair value grew 45% YoY to $5.49B; GDV increased 13% to $28.07B.
- 2023 EPS guidance confirmed at $3.20, representing ~40% growth over 2022 EPS of $2.27.
- Share repurchases planned at $25M per quarter ($100M in 2023), up from $15M per quarter ($60M in 2022).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295401/000095015923000009/0000950159-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295401/000095015923000009/bancorp8k.htm
  HTML page:      https://secwatch.observer/filing/0000950159-23-000009

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