The Bancorp, Inc. (TBBK)

The Bancorp Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	449.26	458.82	436.65	275.84	192.64	170.96
Interest Income on Investments	108.95	92.78	72.86	32.46	29.48	39.82
Total Interest Income	558.22	551.59	509.51	308.3	222.12	210.78
Interest Paid on Deposits	171.65	164.37	148.53	51.14	5.62	13.28
Interest Paid on Borrowings	8.84	10.98	6.93	8.32	5.62	2.64
Total Interest Expense	180.49	175.35	155.46	59.45	11.24	15.92
Net Interest Income	377.73	376.24	354.05	248.84	210.88	194.87
Net Interest Income Growth (YoY)	0.97%	6.27%	42.28%	18.00%	8.22%	37.92%
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.05
Other Non-Interest Income	310.87	154.78	108.35	92.15	89.86	88.54
Total Non-Interest Income	313.1	157.51	112.09	105.68	104.75	84.62
Non-Interest Income Growth (YoY)	162.67%	40.52%	6.07%	0.89%	23.79%	-18.74%
Revenues Before Loan Losses	690.83	533.76	466.15	354.52	315.63	279.48
Provision for Loan Losses	167.67	38.37	18.33	7.11	3.11	6.35
Revenue	523.16	495.38	447.82	347.42	312.52	273.13
Revenue Growth (YoY)	10.84%	10.62%	28.90%	11.17%	14.42%	13.33%
Salaries and Employee Benefits	126.8	116.61	109.66	97.78	97.37	95.31
Occupancy Expenses	4.16	4.16	3.07	2.9	2.9	3.2
Federal Deposit Insurance	4.12	3.58	2.96	3.27	5.59	9.81
Amortization of Goodwill & Intangibles	-	-	-	-	0.4	0.56
Selling, General & Administrative	57.55	53.81	49.87	43.29	45.65	41.71
Other Non-Interest Expense	25.82	24.78	24.16	19.36	16.44	14.26
Total Non-Interest Expense	218.45	202.94	191.04	166.6	168.35	164.85
EBT Excluding Unusual Items	304.71	292.44	256.77	180.82	144.17	108.28
Legal Settlements	-0.28	-0.28	-	-1.15	-	-
Other Unusual Items	-	-	-	-1.75	-	-
Pretax Income	304.43	292.16	256.77	177.91	144.17	108.28
Income Tax Expense	76.6	74.62	64.48	47.7	33.72	27.69
Earnings From Continuing Operations	227.83	217.54	192.3	130.21	110.44	80.6
Earnings From Discontinued Operations	-	-	-	-	0.21	-0.51
Net Income	227.83	217.54	192.3	130.21	110.65	80.08
Net Income to Common	227.83	217.54	192.3	130.21	110.65	80.08
Net Income Growth	10.78%	13.13%	47.68%	17.68%	38.17%	55.33%
Basic Shares Outstanding	47	50	55	57	57	57
Diluted Shares Outstanding	48	51	55	57	59	58
Shares Change (YoY)	-8.61%	-7.88%	-3.87%	-2.65%	0.72%	1.87%
EPS (Basic)	4.86	4.35	3.53	2.30	1.93	1.39
EPS (Diluted)	4.78	4.29	3.49	2.27	1.88	1.37
EPS Growth	21.39%	22.92%	53.74%	20.51%	37.37%	53.20%
Effective Tax Rate	25.16%	25.54%	25.11%	26.81%	23.39%	25.57%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q