Bancorp, Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Bancorp, Inc. reported net income of $228.2M (+4.9% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Loans, including fees | $448.0M | $458.8M | $436.6M | $275.8M |
| Taxable interest | $76.0M | $66.3M | $39.1M | $25.6M |
| Tax-exempt interest | $387.0K | $187.0K | $153.0K | $98.0K |
| Interest-earning deposits | $26.9M | $26.3M | $33.6M | $6.8M |
| Total interest income | $551.4M | $551.6M | $509.5M | $308.3M |
| Deposits | $162.8M | $164.4M | $148.5M | $51.1M |
| Short-term borrowings | $2.5M | $2.5M | $271.0K | $1.5M |
| Long-term borrowings | $784.0K | $2.4M | $507.0K | $1.0M |
| Senior debt | $8.8M | $4.9M | $5.0M | $5.1M |
| Subordinated debentures | $1.0M | $1.2M | $1.1M | $658.0K |
| Total interest expense | $175.9M | $175.4M | $155.5M | $59.5M |
| Net interest income | $375.5M | $376.2M | $354.1M | $248.8M |
| Provision for credit losses on non-fintech loans | $9.0M | — | — | — |
| Provision for credit losses on fintech loans | $169.3M | — | — | — |
| Provision reversal for unfunded commitments | ($582.0K) | ($596.0K) | — | — |
| Provision for credit losses, total | $177.7M | — | — | — |
| Net interest income after provision (reversal) for credit losses | $197.8M | $348.9M | $335.7M | $241.7M |
| Total fintech fees | $141.1M | $116.8M | $99.2M | $86.2M |
| Net realized and unrealized gains on commercial loans, at fair value | $1.8M | $2.7M | $3.7M | $13.5M |
| Leasing related income | $7.1M | $3.9M | $6.3M | $4.8M |
| Fintech loan credit enhancement | $169.3M | — | — | — |
| Other | $8.9M | $3.4M | $2.8M | $1.2M |
| Total non-interest income | $328.3M | $146.5M | $112.1M | $105.7M |
| Salaries and employee benefits | $142.6M | $131.6M | $121.1M | $105.4M |
| Depreciation | $4.7M | $4.2M | — | — |
| Rent and related occupancy cost | $6.5M | $6.7M | $6.0M | $5.2M |
| Data processing expense | $5.0M | $5.7M | $5.4M | $5.0M |
| Audit expense | $2.5M | $1.5M | $1.6M | $1.5M |
| Legal expense | $6.7M | $3.1M | $3.9M | $3.9M |
| Legal settlements | $2.0M | $284.0K | — | $1.2M |
| FDIC Insurance | $4.5M | $3.6M | $3.0M | $3.3M |
| Software | $20.5M | $17.9M | $17.3M | $16.2M |
| Insurance | $4.8M | $5.2M | $5.1M | $5.0M |
| Telecom and IT network communications | $1.2M | $1.2M | $1.3M | $1.5M |
| Consulting | $1.7M | $1.9M | $1.9M | $1.3M |
| Other | $20.6M | $20.4M | $19.1M | $14.7M |
| Total non-interest expense | $223.1M | $203.2M | $191.0M | $169.5M |
| Income before income taxes | $303.0M | $292.2M | $256.8M | $177.9M |
| Income tax expense | $74.8M | $74.6M | $64.5M | $47.7M |
| Net income | $228.2M | $217.5M | $192.3M | $130.2M |
| Earnings per share - basic | $4.99 | $4.35 | $3.52 | $2.30 |
| Earnings per share - diluted | $4.92 | $4.29 | $3.49 | $2.27 |
| Weighted average shares - basic | 45.8M | 50.1M | 54.5M | — |
| Weighted average shares - diluted | 46.4M | 50.7M | 55.1M | — |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Loans, including fees | $110.6M | $107.5M | $115.0M | $112.3M |
| Taxable interest | $19.9M | $19.9M | $17.4M | $22.4M |
| Tax-exempt interest | $156.0K | $130.0K | $104.0K | $103.0K |
| Interest-earning deposits | $1.4M | $2.2M | $4.0M | $8.3M |
| Total interest income | $132.0M | $129.8M | $136.4M | $143.1M |
| Deposits | $34.3M | $35.3M | $38.8M | $44.0M |
| Short-term borrowings | $2.9M | $1.4M | $495.0K | $5.0K |
| Long-term borrowings | $147.0K | $197.0K | $197.0K | $198.0K |
| Senior debt | $3.9M | $3.9M | $2.5M | $1.2M |
| Subordinated debentures | $236.0K | $235.0K | $259.0K | $257.0K |
| Total interest expense | $41.6M | $41.0M | $42.2M | $45.7M |
| Net interest income | $90.5M | $88.8M | $94.2M | $97.5M |
| Provision (reversal) for credit losses on non-fintech loans | $365.0K | ($1.3M) | — | — |
| Provision for credit losses on fintech loans | $25.8M | $28.8M | — | — |
| Provision (reversal) for unfunded commitments | $42.0K | $106.0K | ($491.0K) | ($364.0K) |
| Provision for credit losses, total | $26.1M | $27.6M | — | — |
| Net interest income after provision for credit losses | $64.4M | $61.2M | $49.1M | $53.1M |
| Total fintech fees | $40.9M | $38.1M | $35.1M | $35.6M |
| Net realized and unrealized gains on commercial loans, at fair value | $130.0K | $6.0K | $1.0M | $344.0K |
| Leasing related income | $1.8M | $1.9M | $1.4M | $2.1M |
| Fintech loan credit enhancement | $25.8M | $28.8M | — | — |
| Other | $4.5M | $3.7M | $3.1M | $2.4M |
| Total non-interest income | $73.0M | $72.5M | $80.4M | $83.7M |
| Salaries and employee benefits | $37.4M | $37.5M | $37.4M | $37.1M |
| Depreciation | $1.2M | $1.2M | $1.2M | $1.1M |
| Rent and related occupancy cost | $1.7M | $1.7M | $1.6M | $1.7M |
| Data processing expense | $1.4M | $1.3M | $1.3M | $1.2M |
| Audit expense | $498.0K | $641.0K | $617.0K | $545.0K |
| Legal expense | $1.2M | $1.6M | $1.5M | $1.9M |
| Legal settlement (reimbursement) | $0 | ($2.0M) | — | — |
| FDIC insurance | $1.1M | $1.3M | $905.0K | $1.2M |
| Software | $5.6M | $5.4M | $5.0M | $5.1M |
| Insurance | $1.1M | $1.2M | $1.2M | $1.1M |
| Telecom and IT network communications | $292.0K | $284.0K | $304.0K | $308.0K |
| Consulting | $147.0K | $210.0K | $430.0K | $436.0K |
| Other | $4.8M | $4.8M | $5.1M | $5.4M |
| Total non-interest expense | $56.5M | $55.0M | $56.4M | $57.2M |
| Income before income taxes | $80.9M | $78.7M | $73.2M | $79.6M |
| Income tax expense | $20.3M | $18.6M | $18.2M | $19.8M |
| Net income | $60.7M | $60.1M | $54.9M | $59.8M |
| Net income per share - basic (in dollars per share) | $1.46 | $1.43 | $1.20 | $1.28 |
| Net income per share - diluted (in dollars per share) | $1.45 | $1.41 | $1.18 | $1.27 |
| Weighted average shares - basic (in shares) | 41.5M | 42.1M | 45.9M | 46.6M |
| Weighted average shares - diluted (in shares) | 41.8M | 42.6M | 46.5M | 47.2M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $8.0M | $6.1M | $4.8M | $24.1M |
| Interest-earning deposits | $104.6M | $564.1M | $1.0B | $864.1M |
| Total cash and cash equivalents | $112.6M | $570.1M | $1.0B | $888.2M |
| Investment securities, available-for-sale, at fair value | $1.7B | $1.5B | $747.5M | $766.0M |
| Commercial loans, at fair value | $139.4M | $223.1M | $332.8M | $589.1M |
| Loans, net of deferred loan fees and costs | $7.1B | $6.1B | $5.4B | $5.5B |
| Allowance for credit losses | ($66.2M) | ($31.9M) | ($27.4M) | ($22.4M) |
| Loans, net | $7.1B | $6.1B | $5.3B | $5.5B |
| Stock in Federal Reserve, Federal Home Loan and Atlantic Central Bankers Banks | $25.2M | $15.6M | $15.6M | $12.6M |
| Premises and equipment, net | $29.8M | $27.6M | $27.5M | $18.4M |
| Accrued interest receivable | $43.1M | $41.7M | $37.5M | $32.0M |
| Other real estate owned | $60.7M | $62.0M | $16.9M | $21.2M |
| Deferred tax asset, net | $18.7M | $18.9M | $21.2M | $19.7M |
| Credit enhancement asset | $31.1M | — | — | — |
| Other assets | $169.5M | $182.7M | $133.1M | $89.2M |
| Total assets | $9.4B | $8.7B | $7.7B | $7.9B |
| Demand and interest checking | $7.8B | $7.4B | $6.6B | $6.6B |
| Savings and money market | $338.5M | $311.8M | $50.7M | $140.5M |
| Total deposits | $8.2B | $7.7B | $6.7B | $7.0B |
| Short-term borrowings | $199.0M | — | — | — |
| Senior debt | $196.3M | $96.2M | $95.9M | $99.0M |
| Subordinated debentures | $13.4M | $13.4M | $13.4M | $13.4M |
| Other long-term borrowings | $13.7M | $14.1M | $38.6M | $10.0M |
| Other liabilities | $74.8M | $68.0M | $69.6M | $56.3M |
| Total liabilities | $8.7B | $7.9B | $6.9B | $7.2B |
| Common stock - authorized, 75,000,000 shares of $1.00 par value; 48,404,006 and 42,355,361 shares issued and outstanding, respectively, at December 31, 2025 and 47,713,481 and 47,310,750 shares issued and outstanding, respectively, at December 31, 2024 | 48.4M | 47.7M | 53.2M | 55.7M |
| Additional paid-in capital | $24.2M | $3.2M | $212.4M | $299.3M |
| Retained earnings | $1.0B | $779.2M | $561.6M | $369.3M |
| Accumulated other comprehensive income (loss) | $10.8M | ($17.6M) | ($20.0M) | ($30.3M) |
| Treasury stock at cost, 6,048,645 shares at December 31, 2025 and 402,731 shares at December 31, 2024 | -401.0M | -22.7M | — | — |
| Total shareholders' equity | $689.8M | $789.8M | $807.3M | $694.0M |
| Total liabilities and shareholders' equity | $9.4B | $8.7B | $7.7B | $7.9B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and due from banks | $9.5M | $8.7M | $10.2M | $11.6M |
| Interest-earning deposits | $70.6M | $58.5M | $74.5M | $328.6M |
| Total cash and cash equivalents | $80.1M | $67.2M | $84.7M | $340.3M |
| Investment securities, available-for-sale, at fair value | $1.6B | $1.6B | $1.4B | $1.5B |
| Commercial loans, at fair value | $114.2M | $128.3M | $142.7M | $185.5M |
| Loans, net of deferred loan fees and costs | $7.1B | $7.8B | $6.7B | $6.5B |
| Allowance for credit losses | ($63.5M) | ($63.0M) | ($64.2M) | ($59.4M) |
| Loans, net | $7.0B | $7.7B | $6.6B | $6.5B |
| Stock in Federal Reserve, Federal Home Loan and Atlantic Central Bankers Banks | $50.1M | $37.8M | $25.3M | $16.3M |
| Premises and equipment, net | $28.3M | $29.0M | $25.9M | $26.5M |
| Accrued interest receivable | $43.3M | $41.3M | $43.8M | $40.6M |
| Other real estate owned | $62.0M | $61.0M | $62.0M | $66.1M |
| Deferred tax asset, net | $23.5M | $21.1M | $10.0M | $12.4M |
| Credit enhancement asset | $30.7M | $29.8M | $29.3M | $27.0M |
| Other assets | $158.5M | $146.1M | $182.0M | $166.1M |
| Total assets | $9.2B | $9.9B | $8.6B | $8.8B |
| Demand and interest checking | $7.4B | $8.3B | $7.3B | $7.7B |
| Savings and money market | $123.1M | $149.0M | $75.9M | $60.1M |
| Total deposits | $7.5B | $8.4B | $7.3B | $7.8B |
| Short-term borrowings | $744.0M | $470.0M | $200.0M | — |
| Senior debt | $196.5M | $196.3M | $196.1M | $96.4M |
| Subordinated debentures | $13.4M | $13.4M | $13.4M | $13.4M |
| Other long-term borrowings | $4.3M | $13.6M | $13.8M | $13.9M |
| Other liabilities | $76.1M | $78.4M | $67.2M | $89.3M |
| Total liabilities | $8.5B | $9.2B | $7.8B | $8.0B |
| Common stock - authorized, 75,000,000 shares of $1.00 par value; 48,750,251 and 41,858,545 shares issued and outstanding, respectively, at March 31, 2026 and 48,404,006 and 42,355,361 shares issued and outstanding, respectively, at December 31, 2025 | 48.8M | 48.8M | 48.4M | 48.1M |
| Additional paid-in capital | $33.9M | $28.6M | $19.4M | $12.6M |
| Retained earnings | $1.1B | $1.1B | $951.1M | $896.1M |
| Accumulated other comprehensive (loss) income | ($3.6M) | $3.5M | $8.8M | $1.6M |
| Treasury stock at cost, 6,891,706 shares at March 31, 2026 and 6,048,645 shares at December 31, 2025 | -501.8M | -451.3M | -249.5M | -98.2M |
| Total shareholders' equity | $705.4M | $697.0M | $778.2M | $860.3M |
| Total liabilities and shareholders' equity | $9.2B | $9.9B | $8.6B | $8.8B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $228.2M | $217.5M | — | — |
| Depreciation | $4.7M | $4.2M | — | — |
| Provision for credit loss, total | $177.7M | — | — | — |
| Fintech loan credit enhancement income | ($169.3M) | — | — | — |
| (Accretion) amortization of fees, premiums, and discounts, net | ($7.7M) | ($2.6M) | $1.0M | $1.7M |
| Stock-based compensation expense | $19.6M | $15.0M | $11.4M | $7.6M |
| Realized gains on commercial loans, at fair value | ($1.8M) | ($3.7M) | ($7.0M) | ($18.6M) |
| Deferred income tax (benefit) expense | ($9.2M) | $2.3M | ($5.7M) | $5.9M |
| Gain on sale of fixed assets | ($2.0K) | ($53.0K) | — | — |
| Gain on sale of other real estate owned | ($754.0K) | — | — | — |
| Increase in accrued interest receivable | ($1.4M) | ($4.2M) | ($5.5M) | ($14.1M) |
| Decrease (increase) in other assets | $17.7M | ($26.2M) | ($38.5M) | ($1.8M) |
| Increase (decrease) in other liabilities | $7.3M | ($1.0M) | $12.5M | ($5.3M) |
| Net cash provided by operating activities | $265.0M | $229.5M | $186.7M | $121.0M |
| Purchase of investment securities available-for-sale | ($433.8M) | ($991.2M) | ($49.0M) | ($24.2M) |
| Proceeds from redemptions and prepayments of securities available-for-sale | $304.9M | $242.7M | $71.1M | $161.1M |
| Sale of repossessed assets | $3.5M | $11.0M | $7.9M | $1.8M |
| Proceeds from sale of other real estate owned | $6.2M | $1.6M | $5.8M | $2.3M |
| Net (increase) decrease in loans | ($1.2B) | ($877.4M) | $142.3M | ($1.7B) |
| Credit enhancement agreement cash inflows | $151.1M | — | — | — |
| Capitalized investment in other real estate owned | ($2.1M) | ($1.7M) | — | — |
| Commercial loans, at fair value drawn during the period | ($3.7M) | — | ($134.3M) | ($66.1M) |
| Payments on commercial loans, at fair value | $88.9M | $109.6M | $384.4M | $782.2M |
| Proceeds from sale of fixed assets | $174.0K | $133.0K | — | — |
| Purchases of premises and equipment | ($7.1M) | ($5.0M) | ($12.7M) | ($5.1M) |
| Net cash (used in) provided by investing activities | ($1.1B) | ($1.5B) | $415.6M | ($828.1M) |
| Net increase (decrease) in deposits | $419.4M | $1.1B | ($349.2M) | $1.1B |
| Proceeds from short-term borrowings | $199.0M | — | — | — |
| Proceeds of senior debt offering, net | $196.0M | — | — | — |
| Redemption of senior debt maturity | ($96.4M) | — | ($3.3M) | — |
| Proceeds from the issuance of common stock | $2.1M | — | $104.0K | — |
| Repurchases of common stock and excise tax | ($378.3M) | ($252.4M) | ($100.0M) | ($60.0M) |
| Net cash provided (used in) by financing activities | $341.7M | $812.7M | ($452.4M) | $993.5M |
| Net (decrease) increase in cash and cash equivalents | ($457.5M) | ($468.0M) | $149.9M | $286.4M |
| Cash and cash equivalents, beginning of period | $570.1M | $1.0B | $888.2M | $601.8M |
| Cash and cash equivalents, end of period | $112.6M | $570.1M | $1.0B | $888.2M |
| Interest paid | $172.6M | $173.8M | $156.3M | $57.6M |
| Taxes paid | $76.3M | $80.8M | $82.6M | $37.8M |
| Transfers to other real estate owned from commercial loans, at fair value, and loans, net | $2.0M | $45.0M | — | — |
| Leased vehicles transferred to repossessed assets | $3.5M | $9.9M | $9.4M | $2.0M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $120.7M | $60.1M | $171.9M | $117.0M |
| Depreciation | $2.5M | $1.2M | $3.4M | $2.2M |
| Provision for credit losses, total | $53.7M | $27.6M | — | — |
| Fintech loan credit enhancement income | ($54.6M) | ($28.8M) | — | — |
| Accretion of fees, premiums, and discounts, net | ($2.4M) | ($1.0M) | ($3.8M) | ($2.8M) |
| Stock-based compensation expense | $10.1M | $4.8M | $14.8M | $9.8M |
| Realized gains on commercial loans, at fair value | ($136.0K) | ($6.0K) | ($1.7M) | ($705.0K) |
| Gain on sale of fixed assets | ($38.0K) | ($29.0K) | ($30.0K) | ($7.0K) |
| (Increase) decrease in accrued interest receivable | ($252.0K) | $1.8M | ($2.1M) | $1.1M |
| (Increase) decrease in other assets | ($10.6M) | $16.3M | ($5.0M) | $19.1M |
| Increase (decrease) in other liabilities | $1.2M | $3.4M | ($68.0K) | ($4.4M) |
| Net cash provided by operating activities | $120.1M | $85.2M | $296.6M | $218.4M |
| Purchase of investment securities available-for-sale | ($9.1M) | ($5.0M) | ($117.1M) | ($53.1M) |
| Proceeds from redemptions and prepayments of securities available-for-sale | $49.1M | $25.6M | $272.0M | $126.0M |
| Capitalized investment in other real estate owned | ($540.0K) | ($326.0K) | ($1.9M) | ($1.8M) |
| Sale of repossessed assets | $1.3M | $808.0K | $2.5M | $2.6M |
| Proceeds from sale of other real estate owned | $180.0K | — | $4.9M | — |
| Net increase in loans | ($18.7M) | ($677.9M) | ($682.3M) | ($503.5M) |
| Credit enhancement agreement cash inflows | $55.0M | $30.2M | — | — |
| Proceeds from sale of fixed assets | $49.0K | $40.0K | $174.0K | $121.0K |
| Commercial loans, at fair value drawn during the period | ($133.0K) | — | ($3.3M) | ($3.0M) |
| Payments on commercial loans, at fair value | $16.2M | $11.1M | $85.3M | $41.2M |
| Purchases of premises and equipment | ($934.0K) | ($468.0K) | ($1.9M) | ($1.3M) |
| Net cash provided by (used in) investing activities | $92.4M | ($615.9M) | ($441.6M) | ($392.6M) |
| Net (decrease) increase in deposits | ($689.3M) | $264.5M | ($415.2M) | $19.9M |
| Proceeds from short-term borrowings | $545.0M | $271.0M | $200.0M | — |
| Repurchases of common stock and excise tax | ($100.8M) | ($50.3M) | ($226.9M) | ($75.5M) |
| Net cash used in financing activities | ($245.1M) | $485.2M | ($340.5M) | ($55.6M) |
| Net decrease in cash and cash equivalents | ($32.6M) | ($45.5M) | ($485.4M) | ($229.9M) |
| Cash and cash equivalents, beginning of period | $112.6M | $112.6M | $570.1M | $570.1M |
| Cash and cash equivalents, end of period | $80.1M | $67.2M | $84.7M | $340.3M |
| Interest paid | $83.5M | $45.8M | $136.8M | $95.2M |
| Transfers (from) to other real estate owned from commercial loans, at fair value, and loans, net | $956.0K | ($23.0K) | $2.4M | $2.3M |
| Leased vehicles transferred to repossessed assets | $1.5M | $536.0K | $3.0M | $2.4M |
Bancorp, Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.