OverviewSuggest Edit

The Bancorp operates as the financial holding company for The Bancorp Bank that provides banking products and services. The Company offers a range of deposit products and services, including checking accounts, savings accounts, money market accounts, commercial accounts, and prepaid and debit cards. It also provides securities backed lines of credit, vehicle fleet and other equipment leasing, small business administration loans, and loans generated for sale into capital markets primarily through commercial mortgage backed securities. In addition, it offers private label banking.

TypePublic
Founded1999
HQWilmington, US
Websitethebancorp.com
Employee Ratings2.4

Latest Updates

Employees (est.) (Dec 2018)589(+10%)
Job Openings26
Revenue (FY, 2018)$153.8 M(-27%)
Share Price (Dec 2019)$11.6

The Bancorp Office Locations

The Bancorp has an office in Wilmington
Wilmington, US (HQ)
409 Silverside Rd
Show all (1)

The Bancorp Financials and Metrics

The Bancorp Revenue

The Bancorp's revenue was reported to be $153.80 m in FY, 2018
USD

Revenue (Q3, 2019)

33.5m

Net income (Q3, 2019)

20.4m

EBIT (Q3, 2019)

20.4m

Market capitalization (6-Dec-2019)

658.5m

Closing stock price (6-Dec-2019)

11.6

Cash (30-Sept-2019)

956.5m

EV

(243.5m)
The Bancorp's current market capitalization is $658.5 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

30.5m49.6m190.0m36.2m216.6m144.7m213.6m153.8m

Revenue growth, %

(81%)498%(33%)48%

Cost of goods sold

10.8m2.8m13.6m12.3m261.6m117.0k

Gross profit

179.2m33.4m203.0m132.5m(48.0m)153.7m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

7.8m6.7m12.3m10.4m11.2m19.1m22.4m19.6m24.2m54.4m38.3m40.5m45.1m38.5m42.3m33.5m46.6m52.7m18.2m29.0m29.1m17.0m91.0m30.4m19.7m33.5m

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

95%93%92%93%91%93%91%93%93%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

749.2m968.1m1.2b1.1b1.2b999.1m3.2m554.3m

Accounts Receivable

1.7b1.9b13.1m11.3m9.5m3.8m1.4b1.5b

PP&E

8.4m10.4m15.7m17.7m21.6m24.1m18.9m

Total Assets

3.0b3.7b4.7b5.0b4.8b4.9b4.7b4.4b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

368.8m1.2b1.8b698.1m544.7m1.1b684.8m730.5m836.6m472.5m495.5m1.1b990.3m1.0b776.5m571.5m356.1m739.0m546.9m398.9m575.2m441.1m777.6m726.2m312.3m956.5m

Accounts Receivable

1.7b1.7b1.7b1.8b1.8b1.9b1.9b2.0b2.0b1.4b1.4b1.5b1.5b1.5b1.5b1.6b1.7b

PP&E

8.3m8.3m8.5m8.7m9.8m11.0m13.7m14.3m15.7m16.2m17.5m19.2m19.3m18.9m21.7m22.4m21.8m23.0m22.0m21.1m19.1m18.3m17.7m18.1m17.4m17.9m

Total Assets

2.5b3.4b4.1b3.2b3.1b4.1b3.9b4.0b4.7b4.3b4.3b4.8b4.7b4.7b4.4b4.4b4.2b4.4b4.3b4.0b4.4b4.2b4.4b4.6b4.6b4.9b
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

8.9m16.6m25.1m17.3m

Depreciation and Amortization

3.0m3.4m3.7m1.2m4.7m6.4m6.0m5.5m

Cash From Operating Activities

37.6m33.0m49.0m(234.9m)(218.0m)(34.1m)(174.2m)

Purchases of PP&E

(2.1m)(5.1m)(2.4m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

3.3m5.6m4.0m7.8m11.4m7.4m13.0m17.8m298.0k636.0k(16.2m)

Depreciation and Amortization

1.5m2.2m806.0k1.7m2.5m796.0k1.7m4.3m1.7m3.3m5.1m1.5m3.0m4.5m1.5m3.1m4.8m1.6m3.1m4.5m1.4m2.8m4.2m1.4m2.7m4.0m

Cash From Operating Activities

15.2m30.4m12.3m19.5m21.8m1.8m18.6m80.2m(135.8m)(64.7m)23.1m(35.3m)(75.7m)(140.9m)201.7m24.2m(130.1m)(66.2m)(112.2m)74.7m143.0m67.1m171.9m99.0m(248.7m)163.3m

Purchases of PP&E

(771.0k)(1.4m)(869.0k)(1.8m)(3.6m)(1.4m)(5.2m)(6.6m)(1.1m)(385.0k)(625.0k)(144.0k)(647.0k)(208.0k)(598.0k)(1.8m)
USDY, 2019

EV/EBIT

-11.9 x

EV/CFO

-1.5 x

Debt/Equity

0.1 x

Financial Leverage

10.2 x
Show all financial metrics

The Bancorp Online and Social Media Presence

Embed Graph

The Bancorp News and Updates

The Bancorp Frequently Asked Questions

  • When was The Bancorp founded?

    The Bancorp was founded in 1999.

  • How many employees does The Bancorp have?

    The Bancorp has 589 employees.

  • What is The Bancorp revenue?

    Latest The Bancorp annual revenue is $153.8 m.

  • What is The Bancorp revenue per employee?

    Latest The Bancorp revenue per employee is $261.1 k.

  • Who are The Bancorp competitors?

    Competitors of The Bancorp include U.S. Bancorp, Wells Fargo and Regions Financial.

  • Where is The Bancorp headquarters?

    The Bancorp headquarters is located at 409 Silverside Rd, Wilmington.

  • Where are The Bancorp offices?

    The Bancorp has an office in Wilmington.

  • How many offices does The Bancorp have?

    The Bancorp has 1 office.