---
schema_version: "secwatch.filing_event.v1"
accession: "0000950159-23-000223"
form_type: "8-K"
ticker: "TBBK"
cik: "0001295401"
company_name: "Bancorp, Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:51:33.625130+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bancorp Q2 net income $49M, EPS $0.89 (+68% YoY); reaffirms $3.60 FY guidance

## Summary
- Net income $49.0M ($0.89 diluted EPS) vs $30.4M ($0.53) in Q2 2022, a 68% EPS increase.
- Net interest income rose 60% to $87.2M; net interest margin expanded to 4.83% from 3.17% a year ago.
- ROA annualized 2.6% (vs 1.7%), ROE 27% (vs 19%); book value per share $13.74, up 19% YoY.
- Gross dollar volume on prepaid/debit cards $32.78B, up 15% YoY; share repurchases 828,727 shares at ~$30.17 during Q2.
- CEO Damian Kozlowski reaffirmed FY 2023 guidance of $3.60 EPS, excluding planned $25M quarterly share buybacks.

## SEC filing metadata
- accession: 0000950159-23-000223
- form_type: 8-K
- ticker: TBBK
- cik: 0001295401
- company_name: Bancorp, Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295401/000095015923000223/0000950159-23-000223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295401/000095015923000223/bancorp8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950159-23-000223
- JSON: https://secwatch.observer/filing/0000950159-23-000223.json
- Plain text: https://secwatch.observer/filing/0000950159-23-000223.txt

## Key facts
- Earnings Releases
  Bancorp, Inc. reported the quarter ended June 30, 2023 results: net income $49.0 million, EPS $0.89 per diluted share. Guidance reaffirmed.
  - Period: the quarter ended June 30, 2023
  - Net income: $49.0 million
  - EPS: $0.89 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: The Bancorp reported net income of $49.0 million, or $0.89 per diluted share, for the quarter ended June 30, 2023, compared to net income of $30.4 million, or $0.53 per diluted share, for the quarter ended June 30, 2022, or a 68% increase in income per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000095015923000223/0000950159-23-000223-index.htm

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