The Bancorp Earnings Call Transcripts
Fiscal Year 2026
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Core EPS grew 25% YoY to $1.47, with strong fintech fee and sponsored loan growth. Guidance sets core EPS at $7.00–$7.20 for 2027 and $8.00–$8.20 for 2028, while Chime transition, restructuring and balance-sheet redeployment shape the outlook.
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Q2 2026 saw EPS rise 14.2% year-over-year and ROE reach 34.7%, driven by strong fintech growth and disciplined capital return. Full-year EPS guidance was raised, with continued focus on buybacks, fintech expansion, and operational efficiency through AI.
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Q1 2026 saw 18% EPS growth, 15% revenue growth, and strong fintech-driven loan expansion. Guidance for 2026 EPS is $5.90, with major fintech initiatives and buybacks driving future accretion. Credit metrics and deposit growth remain robust.
Fiscal Year 2025
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Q4 2025 delivered 11% EPS growth and record ROE, with fintech initiatives and credit sponsorship driving strong results. 2026 guidance targets $5.90 EPS, supported by platform efficiency, AI, and continued buybacks. Criticized assets and delinquencies improved significantly.
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Q3 2025 saw 13% EPS growth and strong fintech-driven revenue gains, but 2025 EPS guidance was lowered to $5.10 due to higher leasing credit provisions and lower traditional lending. Major fintech initiatives and AI-driven efficiency are expected to drive future EPS growth and capital returns.
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Q2 2025 saw 21% EPS growth and strong fintech-driven revenue, with a major new Block partnership set to boost future GDV and fees. Share repurchase was raised to $500M, and Project 7 targets $7 EPS by end-2026. Credit quality remains stable, with risk in the Rebel portfolio managed.
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Q1 2025 EPS rose 12% year-over-year to $1.19, driven by strong Fintech Solutions growth and higher fee income, despite a 3% decline in net interest income due to lower rates. 2025 EPS guidance is reaffirmed at $5.25, with credit sponsorship balances expected to surpass $1 billion.
Fiscal Year 2024
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Q4 and full-year 2024 EPS rose 41% and 23% year-over-year, driven by strong Fintech fee growth, higher deposits, and share buybacks. 2025 guidance is $5.25 EPS, with continued robust GDV and fee growth expected, and a focus on product diversification and risk management.
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Q3 2024 saw strong Fintech-driven revenue and fee growth, with EPS at $1.04 and robust GDV and deposit increases. Substandard loan assets are believed to be at or near peak, with strategies in place for reduction. 2025 guidance projects stable margins and continued double-digit Fintech growth.
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Q2 2024 saw 7% revenue growth, 27% ROE, and strong fintech momentum, with credit sponsorship and embedded finance driving guidance higher. NIM contracted to 4.97%, but capital and risk positions remain robust amid regulatory scrutiny.