Business Summary: The Bancorp, Inc. is a financial holding company. The Company is engaged in fintech solutions, credit solutions, and account services. Fintech Solutions business partners with fintech companies and other technology-focused payment-based providers to deliver payment, deposit, and sponsored lending products. Its fintech services are provided to organizations with a pre-existing customer base, and the products are tailored to support or complement the services provided by the organizations to the customers. Its fintech products include program sponsorship, payment services, and sponsored lending, or fintech loans. Its Credit Solutions business offers flexible, specialty credit solutions, focused on developing customized products and programs to meet the needs of clients. Its Account Services include data processing services, check imaging, loan processing, electronic bill payment and statement rendering. It offers data processing services, electronic bill payment and statement rendering.
Financial Summary: BRIEF: For the three months ended 31 March 2026, Bancorp Inc interest income decreased 7% to $129.8M. Net interest income after loan loss provision increased 36% to $61.2M. Net income increased 5% to $60.1M. Net interest income after loan loss provision reflects Taxable interest increase of 10% to $19.9M. Net income was partially offset by Corporate segment income decrease of 46% to $3.4M.