The Bancorp, Inc. (TBBK)

The Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	456.55	447.82	347.42	312.52	273.13	241.02
Revenue Growth (YoY)	18.94%	28.90%	11.17%	14.42%	13.33%	-11.08%
Gross Profit	456.55	447.82	347.42	312.52	273.13	241.02
Selling, General & Admin	138.19	137.54	120.76	123.1	123.37	115.23
Other Operating Expenses	51.53	53.51	48.75	45.25	41.47	53.29
Operating Expenses	189.72	191.04	169.5	168.35	164.85	168.52
Operating Income	266.82	256.77	177.91	144.17	108.28	72.49
Other Expense / Income	-	-	-	-0.21	0.51	-0.29
Pretax Income	266.82	256.77	177.91	144.38	107.77	72.79
Income Tax	67.22	64.48	47.7	33.72	27.69	21.23
Net Income	199.6	192.3	130.21	110.65	80.08	51.56
Net Income Growth	32.74%	47.68%	17.68%	38.17%	55.32%	-41.86%
Shares Outstanding (Basic)	53	55	57	57	58	57
Shares Outstanding (Diluted)	-	55	57	59	-	-
Shares Change	-4.88%	-3.87%	-2.65%	2.15%	1.20%	0.82%
EPS (Basic)	3.71	3.52	2.30	1.93	1.39	0.91
EPS (Diluted)	3.68	3.49	2.27	1.88	1.37	0.90
EPS Growth	38.35%	53.74%	20.74%	37.23%	52.22%	-41.94%
Free Cash Flow	208.19	174.03	115.85	82.34	116.96	64.87
Free Cash Flow Per Share	3.95	3.19	2.05	1.44	2.03	1.14
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	58.44%	57.34%	51.21%	46.13%	39.65%	30.08%
Profit Margin	43.72%	42.94%	37.48%	35.41%	29.32%	21.39%
Free Cash Flow Margin	45.60%	38.86%	33.35%	26.35%	42.82%	26.91%
Effective Tax Rate	25.19%	25.11%	26.81%	23.36%	25.69%	29.16%
EBITDA	270.52	260.25	181.21	147.68	111.53	78.01
EBITDA Margin	59.25%	58.11%	52.16%	47.25%	40.83%	32.37%
Depreciation & Amortization	3.7	3.47	3.3	3.3	3.76	5.23
EBIT	266.82	256.77	177.91	144.38	107.77	72.79
EBIT Margin	58.44%	57.34%	51.21%	46.20%	39.46%	30.20%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).