Why The Bancorp Stock Popped Again Today
Key Points
It wasn't hard to be bullish, given the strong second-quarter results reported late last week.
The company is expecting double-digit growth on the bottom line.
- 10 stocks we like better than Bancorp ›
In an impressive curtain call following last Friday's rally, The Bancorp (NASDAQ: TBBK) stock again landed well in positive territory on Monday. Bolstered by two post-earnings price target raises from analysts, shares of the banking services company closed the trading session almost 7% higher.
2 bulls get more bullish
Of the pair, the more substantial raise was made by Manuel Navas of Piper Sandler. He cranked his fair value assessment on The Bancorp to $86 per share from his previous $70, maintaining his overweight (i.e., buy) recommendation as he did so.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Image source: Getty Images.
That came on the heels of The Bancorp's second-quarter earnings release, which was published early last Friday. According to reports, Navas is encouraged by the company's guidance for double-digit earnings per share (EPS) growth both this year and next. He also feels that the significant share repurchases will continue to support the stock's price.
The other analyst to change his price target was Keefe, Bruyette & Woods' Timothy Switzer. He was more cautious, adding $2 per share to his for a new level of $79. He kept his equivalent of a buy recommendation on The Bancorp intact.
Guiding for success
It was the guidance that made The Bancorp stock such a star at the end of last week.
The company expects growth that exceeds the potential of many traditional banks, and it operates in a market where more financial and finance-adjacent businesses will want or need its banking-as-a-service (BaaS) offerings. I think the current bullishness among investors and analysts on its potential is entirely justified.
Should you buy stock in Bancorp right now?
Before you buy stock in Bancorp, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bancorp wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $386,727!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,232,139!*
Now, it’s worth noting Stock Advisor’s total average return is 906% — a market-crushing outperformance compared to 208% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of August 3, 2026.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Recommended Articles
