The Bancorp is a financial holding company, which operates through its subsidiary, The Bancorp Bank. The Company operates through three segments: specialty finance, payments and corporate. The specialty finance segment includes commercial mortgage loan sales, small business administration loans, leasing and security backed lines of credit, and any deposits generated by those business lines. The payments segment includes prepaid cards, card payments, automated clearing house processing and healthcare accounts. The corporate segment includes the Company's investment portfolio and corporate overhead, and other non-allocated expenses. Through the Bank, the Company also provides deposit generating banking services.
Type
Public
HQ
Wilmington, US
Founded
2000
Size (employees)
589 (est)
The Bancorp was founded in 2000 and is headquartered in Wilmington, US
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The Bancorp Office Locations

The Bancorp has an office in Wilmington
Wilmington, US (HQ)
409 Silverside Rd
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The Bancorp Financials and Metrics

The Bancorp Financials

The Bancorp's revenue was reported to be $144.71 m in FY, 2016 which is a 33.2% decrease from the previous period.
USD

Revenue (Q1, 2017)

52.7 m

Gross profit (Q1, 2017)

49.1 m

Gross profit margin (Q1, 2017), %

93.2%

EBIT (Q1, 2017)

24.9 m

Market capitalization (15-May-2018)

621.7 m

Closing share price (15-May-2018)

11.1

Cash (31-Mar-2017)

739 m
The Bancorp's current market capitalization is $621.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

190 m36.2 m216.6 m144.7 m

Revenue growth, %

(81%)498%(33%)

Cost of goods sold

10.8 m2.8 m13.6 m12.3 m

Gross profit

179.2 m33.4 m203 m132.5 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

54.4 m38.3 m40.5 m45.1 m38.5 m42.3 m33.5 m46.6 m52.7 m

Cost of goods sold

2.8 m2.7 m3.2 m3.3 m3.4 m3.1 m3.1 m3.2 m3.6 m

Gross profit

51.6 m35.6 m37.3 m41.8 m35.1 m39.2 m30.4 m43.4 m49.1 m

Gross profit Margin, %

95%93%92%93%91%93%91%93%93%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.2 b1.1 b1.2 b999.1 m

Accounts Receivable

13.1 m11.3 m9.5 m3.8 m

PP&E

15.7 m17.7 m21.6 m24.1 m

Total Assets

4.7 b5 b4.8 b4.9 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

472.5 m495.5 m1.1 b990.3 m1 b776.5 m571.5 m356.1 m739 m

PP&E

16.2 m17.5 m19.2 m19.3 m18.9 m21.7 m22.4 m21.8 m23 m

Total Assets

4.3 b4.3 b4.8 b4.7 b4.7 b4.4 b4.4 b4.2 b4.4 b

Accounts Payable

3.9 b3.7 b4.5 b4.3 b4.4 b4 b4.1 b3.8 b4 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

25.1 m

Depreciation and Amortization

3.7 m1.2 m4.7 m6.4 m

Cash From Operating Activities

49 m(234.9 m)(218 m)

Cash From Investing Activities

(745.9 m)501.3 m(99 m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

636 k(16.2 m)

Depreciation and Amortization

3.3 m5.1 m1.5 m3 m4.5 m1.5 m3.1 m4.8 m1.6 m

Cash From Operating Activities

(64.7 m)23.1 m(35.3 m)(75.7 m)(140.9 m)201.7 m24.2 m(130.1 m)(66.2 m)

Cash From Investing Activities

(305.9 m)(397.7 m)121.6 m274.5 m325 m(164.3 m)(253.3 m)(165.4 m)8.8 m
USDY, 2017

Revenue/Employee

69.1 k

Financial Leverage

14.2 x
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The Bancorp News and Updates

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