---
schema_version: "secwatch.filing_event.v1"
accession: "0000950159-23-000151"
form_type: "8-K"
ticker: "TBBK"
cik: "0001295401"
company_name: "Bancorp, Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T08:27:17.956042+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bancorp Q1 EPS $0.88, up 76% YoY; raises 2023 guidance to $3.60 from $3.20

## Summary
- Net income $49.1M ($0.88 diluted EPS) vs $29.0M ($0.50) in Q1 2022, up 76%.
- Net interest income $85.8M (+62% YoY); net interest margin 4.67% vs 3.12% YoY.
- Total loans $5.35B (down 2% QoQ, +29% YoY); GDV $34.01B (+19% YoY).
- CEO raises 2023 EPS guidance to $3.60 from $3.20; plans $25M quarterly share buybacks.
- Capital ratios well above well-capitalized minimums; book value $13.11, +15% YoY.

## SEC filing metadata
- accession: 0000950159-23-000151
- form_type: 8-K
- ticker: TBBK
- cik: 0001295401
- company_name: Bancorp, Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295401/000095015923000151/0000950159-23-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295401/000095015923000151/bancorp8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950159-23-000151
- JSON: https://secwatch.observer/filing/0000950159-23-000151.json
- Plain text: https://secwatch.observer/filing/0000950159-23-000151.txt

## Key facts
- Earnings Releases
  Bancorp, Inc. reported FY2023 results: EPS $3.60 per share. Guidance raised.
  - Period: FY2023
  - EPS: $3.60 per share
  - Guidance: raised
  - Result: guidance update
  source text: We are raising guidance from $3.20 a share to $3.60 a share, without including the impact of anticipated share buy backs of $25 million per quarter in 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000095015923000151/0000950159-23-000151-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.