The Bancorp

The Bancorp, Inc. is a financial holding company, which operates through its subsidiary, The Bancorp Bank (the Bank). The Bank is a chartered commercial bank located in Wilmington, Delaware and is a Federal Deposit Insurance Corporation (FDIC) insured institution. The Company operates through three segments: specialty finance, payments and corporate. The specialty finance segment includes commercial mortgage loan sales, small business administration (SBA) loans, leasing and security backed lines of credit (SBLOC), and any deposits generated by those business lines. The payments segment includes prepaid cards, card payments, automated clearing house (ACH) 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.
Company Growth (employees)
Type
Public
Parent Company
HealthEquity
HQ
Wilmington, US
Founded
2000
Size (employees)
589 (est)-22%
The Bancorp was founded in 2000 and is headquartered in Wilmington, US

The Bancorp Office Locations

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

The Bancorp Data and Metrics

The Bancorp Financial Metrics

The Bancorp's revenue was reported to be $52.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

52.7 m

Gross profit (Q1, 2017)

49.1 m

Gross profit margin (Q1, 2017), %

93%

EBIT (Q1, 2017)

24.9 m

Market capitalization (19-Sep-2017)

443.3 m

Cash (31-Mar-2017)

739 m
The Bancorp's current market capitalization is $443.3 m.
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
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%
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
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
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

25.1 m

Depreciation and Amortization

3.7 m1.2 m4.7 m6.4 m

Accounts Receivable

(3.3 m)1.8 m(1.1 m)

Cash From Operating Activities

49 m(234.9 m)(218 m)
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

Accounts Receivable

19 k299 k(1 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)
USDY, 2017

Revenue/Employee

69.1 k

Financial Leverage

14.2 x
Show all financial metrics

The Bancorp Market Value History

Traffic Overview of The Bancorp

The Bancorp Online and Social Media Presence

The Bancorp News and Updates

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The Bancorp Company Life and Culture

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