Bancorp, Inc. shareholders approved Ratification of appointment of Crowe LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-27 meeting.
“The stockholders ratified on an advisory, non-binding basis, the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, by the votes set forth below.”
Shareholder Votes
Bancorp, Inc. shareholders approved Advisory, non-binding approval of compensation paid to named executive officers for fiscal year ended December 31, 2025 at the 2026-05-27 meeting.
“The stockholders approved, on an advisory, non-binding basis, the compensation paid to the Company’s named executive officers for the fiscal year ended December 31, 2025, by the votes set forth below.”
Shareholder Votes
Bancorp, Inc. shareholders approved Election of directors at the 2026-05-27 meeting.
“The stockholders approved the election of each of the ten director nominees to serve for a one-year term, expiring at the 2027 annual meeting of stockholders or until their respective successors are elected and qualified, by the votes set forth below.”
Earnings Releases
Bancorp, Inc. reported three months ended March 31, 2026 results: net income $60.1 million, EPS $1.41.
“to $1.19 for 1Q 2025, an increase of 18%. · Return on assets of 2.57% compared to 2.49% for 1Q 2025. · Return on equity of 35.1% compared to 28.6% for 1Q 2025. · Net income of $60.1 million compared to net income of $57.2 million for 1Q 2025. · Net interest income of $88.8 million compared to $91.7 million for 1Q 2025. · Net interest margin of 3.87% compared to”
Martin Egan was appointed as Interim Chief Financial Officer at Bancorp, Inc..
“On March 28, 2025, the Board of Directors (the “Board”) of the Company appointed Martin Egan, 57, the Company’s current Chief Accounting Officer, as the Company’s Interim Chief Financial Officer.”
Paul Frenkiel retired as Executive Vice President, Chief Financial Officer and Secretary at Bancorp, Inc..
“On March 28, 2025, Paul Frenkiel, 72, announced his retirement from his position as the Executive Vice President, Chief Financial Officer and Secretary of The Bancorp, Inc.”
Listing & Compliance Notices
Bancorp, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“March 21, 2025, The Bancorp, Inc. (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Global Select Market (“Nasdaq”) notifying the Company that because the Company had not yet filed its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Annual Report”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) requiring Nasdaq-listed companies to timely file all periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Annual Report was due on Ma”
Auditor Changes
Bancorp, Inc. reported that prior financial statements should not be relied upon.
“On March 3, 2025, The Bancorp, Inc. (the “Company”) inappropriately filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the “Annual Report”). After receiving notification on March 3, 2025 from the Company’s independent public accounting firm, Crowe LLP, on March 4, 2025, the Audit Committee of the Board of Directors concluded that the Company’s filed financial statements for the fiscal years ended December 31, 2022 through 2024 as shown in the Annual Report, should no longer be relied upon because the Company’s independent public accounting firm, Crowe LLP, did not provide final approval to include the audit opinion with respect to the fiscal year ended December 31, 2024 and the consent to the incorporation by reference of the audit report in certain registration statements that were included with the Annual Report. Further, the Company’s prior independent public accounting firm, Grant Thornton LLP, also did not provide approval to include its audit opinio”
Daniela A. Mielke resigned as Director at Bancorp, Inc..
“On November 10, 2024, the Board of Directors (the “Board”) of The Bancorp, Inc. (the “Company”) and its wholly-owned subsidiary, The Bancorp Bank, National Association, received notification from director Daniela A. Mielke of her resignation from the Board, effective immediately”
Michael J. Bradley departed as director at Bancorp, Inc..
“director Michael J. Bradley’s notice of retirement and resignation, dated July 19, 2024, to be effective as of September 30, 2024”
Todd J. Brockman was appointed as director at Bancorp, Inc..
“On August 23, 2024, the Board of Directors (the “Board”) of The Bancorp, Inc. (the “Company”) appointed Todd J. Brockman as a director of the Board, effective October 1, 2024”
Michael J. Bradley resigned as Director at Bancorp, Inc..
“On July 19, 2024, the Board of Directors (the “Board”) of The Bancorp, Inc. (the “Company”) received notification from director Michael J. Bradley of his intention to retire and resign from his role as a director of the Board, effective September 30, 2024, thereby terminating as of that date his directorship and his role as Chair of the Audit Committee of the Board (the “Audit Committee”).”
Earnings Releases
Bancorp, Inc. reported the first quarter of 2024 results: net income $56.4 million, EPS $1.06 per diluted share.
“The Bancorp, Inc. Reports First Quarter Financial Results Wilmington, DE – April 25, 2024”
Auditor Changes
Bancorp, Inc. engaged Crowe LLP as its auditor.
“(the “Company”) appointed Crowe LLP (“Crowe”) as the Company’s independent registered public accounting firm for the year ending December 31, 2024, to be effective upon the execution of an engagement letter and related completion of Crowe’s standard client acceptance procedures, including independence procedures. During the fiscal years ended December 31, 2023 and 2022, and the subsequent interim period through the date of this report, neither the Company nor anyone on its behalf consulted with Crowe regarding: (i) the application of accounting principles to a specified transaction, either completed or proposed, nor the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report was provided to the Company nor oral advice provided that Crowe concluded was an important factor considered by the Company in reaching a decision as to any ac”
Auditor Changes
Bancorp, Inc. dismissed Grant Thornton LLP as its auditor.
“the Audit Committee dismissed Grant Thornton LLP ("Grant Thornton") as the Company’s independent registered public accounting firm effective immediately”
Earnings Releases
Bancorp, Inc. reported 2024 results: EPS 4.25 a share. Guidance reaffirmed.
“We are confirming 2024 guidance of $4.25 a share without including the impact of share buybacks of $200 million for the year, or $50 million a quarter.”
Earnings Releases
Bancorp, Inc. reported fourth quarter and full year of 2023 results: net income net income of $44.0 million, EPS 0.81 per diluted share.
“The Bancorp reported net income of $44.0 million, or $0.81 per diluted share, for the quarter ended December 31, 2023, compared to net income of $40.2 million, or $0.71 per diluted share, for the quarter ended December 31, 2022.”
Earnings Releases
Bancorp, Inc. reported 2024 results: EPS $4.25 a share. Guidance initiated.
“We are initiating 2024 preliminary guidance of $4.25 a share without including the impact of share buybacks.”
Earnings Releases
Bancorp, Inc. reported the quarter ended September 30, 2023 results: net income $50.1 million, EPS $0.92 per diluted share. Guidance initiated.
“The Bancorp reported net income of $50.1 million, or $0.92 per diluted share, for the quarter ended September 30, 2023”
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.
“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.”
Shareholder Votes
Bancorp, Inc. shareholders approved Selection of Grant Thornton LLP as independent registered public accounting firm at the 2023-05-24 meeting.
“Item No. 4: The stockholders approved the selection of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, by the votes set forth below.”
Shareholder Votes
Bancorp, Inc. shareholders approved Advisory vote on frequency of say-on-pay votes at the 2023-05-24 meeting.
“Item No. 3: The stockholders approved, on an advisory, non-binding basis, the frequency of the advisory vote on executive compensation, by the votes set forth below.”
Shareholder Votes
Bancorp, Inc. shareholders approved Advisory vote to approve executive compensation at the 2023-05-24 meeting.
“Item No. 2: The stockholders approved, on an advisory, non-binding basis, the Company’s compensation program for its named executive officers, by the votes set forth below.”
Shareholder Votes
Bancorp, Inc. shareholders approved Election of Directors at the 2023-05-24 meeting.
“Item No. 1: All of the Board of Directors’ nominees for director were elected to serve until the Company’s 2024 Annual Meeting or until their respective successors are elected and qualified, by the votes set forth below.”
Earnings Releases
Bancorp, Inc. reported FY2023 results: EPS $3.60 per share. Guidance raised.
“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.”
Earnings Releases
Bancorp, Inc. reported financial results for the quarter ended December 31, 2022.
“The Company’s total GDV, representing the total amounts spent on prepaid and debit card transactions for the quarter ended December 31, 2022, as reported in the January 26, 2023 press release, is being adjusted upward to $29.45 billion from $28.07 billion”
Earnings Releases
Bancorp, Inc. reported the quarter ended December 31, 2022 results: net income $40.2 million, EPS $0.71 per diluted share. Guidance reaffirmed.
“The Bancorp reported net income of $40.2 million, or $0.71 per diluted share, for the quarter ended December 31, 2022”
Earnings Releases
Bancorp, Inc. reported 2022 results: EPS $2.25 to $2.30. Guidance reaffirmed.
“We also reiterate $2.25 to $2.30 guidance for 2022.”
Earnings Releases
Bancorp, Inc. reported 2023 results: EPS $3.20 per share. Guidance initiated.
“We are issuing preliminary guidance for 2023 of $3.20 per share excluding the net impact of future share buybacks but including the expected impact of rate increases based on fed funds futures.”
Earnings Releases
Bancorp, Inc. updated its the three and nine months ended September 30, 2022 guidance (raised).
“On October 27, 2022, The Bancorp, Inc. (the "Company") issued a press release regarding its earnings for the three and nine months ended September 30, 2022.”
Mei-Mei H. Tuan resigned as Director at Bancorp, Inc..
“received notification from director Mei-Mei H. Tuan of her intention to resign from her role as a director of the Company, effective February 28, 2022, for personal reasons.”
Walter T. Beach resigned as Director at Bancorp, Inc..
“received notification from director Walter T. Beach of his intention to resign from his role as a director of the Company, effective December 31, 2021.”
John C. Chrystal resigned as director at Bancorp, Inc..
“Also on October 20, 2021, the Board received notification from director John C. Chrystal of his plan to resign from his role as a director of the Company, effective February 28, 2022.”
Cheryl Creuzot was appointed as director at Bancorp, Inc..
“On October 20, 2021 the Board named Cheryl Creuzot as a director of the Company, to be effective on November 1, 2021.”
James J. McEntee III was appointed as Chairman at Bancorp, Inc..
“The Company’s Board of Directors has appointed director James J. McEntee III to succeed Mr. Cohen as its new Chairman, effective November 1, 2021.”
Daniel G. Cohen retired as Chairman of the Board at Bancorp, Inc..
“On October 20, 2021, the Board received notification from director Daniel G. Cohen of his plan to simultaneously retire from the Board and the Company effective October 31, 2021, thereby terminating his employment, his directorship and his role as Chairman of the Board.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.