The Bancorp (The Bancorp) Allowance For Loans And Lease Losses : $-27.4 Mil (As of Dec. 2023)

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What is The Bancorp Allowance For Loans And Lease Losses?

The Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-27.4 Mil.

The Bancorp's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-23.3 Mil) to Sep. 2023 ($-15.2 Mil) but then declined from Sep. 2023 ($-15.2 Mil) to Dec. 2023 ($-27.4 Mil).

The Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-17.8 Mil) to Dec. 2022 ($-22.4 Mil) and declined from Dec. 2022 ($-22.4 Mil) to Dec. 2023 ($-27.4 Mil).

The Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for The Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Bancorp Allowance For Loans And Lease Losses Chart

The Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-10.24

-16.08

-17.81

-22.37

-27.38

The Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-22.37	-23.79	-23.28	-15.17	-27.38

The Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

The Bancorp Allowance For Loans And Lease Losses Related Terms

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The Bancorp (The Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Bancorp Inc (NAS:TBBK) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

409 Silverside Road, Wilmington, DE, USA, 19809

Website

https://www.thebancorp.com

The Bancorp Inc is a financial holding company, through its subsidiary it is engaged in specialty lending namely securities-backed lines of credit, vehicle fleet and another equipment leasing, Small Business Administration lending, and commercial mortgage-backed loans, generated for sale into commercial mortgage-backed securities markets through securitizations. The company deposits and non-interest income are generated in the payments business which consists of issuing, acquiring, and automated clearing house accounts. The firm also generates revenue from prepaid cards.

Executives

Matthew Cohn	director	405 SILVERSIDE ROAD, WILMINGTON DE 19809
Daniela Mielke	director	8500 GOVERNORS HILL DRIVE, SYMMES TOWNSHIP OH 45249
Olek Derowe	officer: EVP Head Commercial RE	409 SILVERSIDE ROAD, WILMINGTON DE 19809
Jeffrey A Nager	officer: EVP Head of Commercial Lending	409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Ryan Harris	officer: EVP Co Hd Payment Solutions	409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Jennifer F Terry	officer: EVP Chief HR Officer	409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Cheryl Creuzot	director	409 SILVERSIDE ROAD, WILMINGTON DE 19809
Thomas G. Pareigat	officer: EVP General Counsel	THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Erika R Caesar	officer: MD Assistant GC, CDO	409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Michael J Bradley	director	1370 SOUTH LEOPARD ROAD, BERWYN PA 19312
Damian Kozlowski	director, officer: CEO and President	409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Daniel G Cohen	director	712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Walter T Beach	director	409 SILVERSIDE ROAD, WILMINGTON DE 19809
John Leto	officer: EVP Head of Institutional Bank	409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Mcentee James J Iii	director	405 SILVERSIDE ROAD, WILMINGTON DE 19809