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The Bancorp, Inc. Reports Third Quarter 2025 Financial Results

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  • The Bancorp reported third-quarter 2025 net income of $54.9 million ($1.18 per diluted share), a 13% increase compared to $51.5 million ($1.04 per diluted share) in the same period of 2024.
  • Net interest income rose 0.5% to $94.2 million, while the net interest margin decreased to 4.45% from 4.78% in the prior-year quarter.
  • Gross dollar volume (GDV) for prepaid, debit, & credit cards reached $44.04 billion, reflecting a 16% year-over-year increase driven by organic growth & new product launches.
  • Total loans increased 13% year-over-year to $6.67 billion, with consumer fintech loans surging 180% to $785.0 million.
  • Real estate bridge loans classified as criticized assets declined to $185.3 million, including $102.0 million of assets under contract expected to close in Q4 2025.
  • The company repurchased 2,034,053 shares at an average cost of $73.74, reducing outstanding shares by 8% to 44.5 million.
  • CEO Damian Kozlowski lowered full-year 2025 earnings guidance to $5.10 per share from $5.25 due to lower traditional lending balances & increased credit provisions for trucking lease losses.
  • Preliminary guidance targets a minimum $7.00 per share run-rate by Q4 2026, with 2027 guidance initiated at $8.25 per share.
  • The Bancorp Bank, N.A. maintained "well-capitalized" status with a Tier 1 leverage ratio of 9.85% & a Common Equity Tier 1 ratio of 14.66% as of September 30, 2025.
  • Book value per common share increased 3% to $17.48, while the efficiency ratio remained stable at 42% for the quarter.
  • Conference call webcast is scheduled for 8:00 AM ET on Friday, October 31, 2025, with replay available until November 7, 2025.