---
schema_version: "secwatch.filing_event.v1"
accession: "0002039852-24-000009"
form_type: "8-K"
ticker: "TBBK"
cik: "0001295401"
company_name: "Bancorp, Inc."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:22:24.673279+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bancorp Q3 net income $51.5M, EPS $1.04; guides FY2025 EPS $5.25

## Summary
- Net income $51.5M ($1.04 EPS) vs $50.1M ($0.92) a year ago; net interest income up 5% to $93.7M.
- REBL substandard loans doubled to $155.4M; CECL factor added with $1.5M after-tax hit.
- Share repurchases accelerated: 1.04M shares at avg $48.21 in Q3; shares outstanding down 9% to 48.2M.
- Preliminary 2025 EPS guidance of $5.25 (excl buybacks); 2024 guidance reaffirmed at $4.35.
- Planned 2025 buybacks $150M (down from $250M) to repay $96M senior secured debt.

## SEC filing metadata
- accession: 0002039852-24-000009
- form_type: 8-K
- ticker: TBBK
- cik: 0001295401
- company_name: Bancorp, Inc.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295401/000203985224000009/0002039852-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295401/000203985224000009/bancorp8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002039852-24-000009
- JSON: https://secwatch.observer/filing/0002039852-24-000009.json
- Plain text: https://secwatch.observer/filing/0002039852-24-000009.txt

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