---
schema_version: "secwatch.filing_event.v1"
accession: "0002039852-25-000125"
form_type: "8-K"
ticker: "TBBK"
cik: "0001295401"
company_name: "Bancorp, Inc."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:22:33.353382+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# KBRA upgrades Bancorp's senior unsecured debt to BBB+ and bank's deposits to A-

## Summary
- Company senior unsecured debt rating raised to BBB+ from BBB; subordinated to BBB from BBB-.
- Bank deposit & senior unsecured debt upgraded to A- from BBB+; subordinated to BBB+ from BBB.
- Outlook revised to Stable from Positive for all long-term ratings.
- Non-interest income rose 30% YoY to $78M in H1 2025; CET1 ratio 14.4% at Q2 2025.
- KBRA cites Bancorp's leadership in BaaS and above-peer capital as upgrade drivers.

## SEC filing metadata
- accession: 0002039852-25-000125
- form_type: 8-K
- ticker: TBBK
- cik: 0001295401
- company_name: Bancorp, Inc.
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295401/000203985225000125/0002039852-25-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295401/000203985225000125/bancorp8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002039852-25-000125
- JSON: https://secwatch.observer/filing/0002039852-25-000125.json
- Plain text: https://secwatch.observer/filing/0002039852-25-000125.txt

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