The Bancorp (The Bancorp) Retained Earnings : $618.0 Mil (As of Mar. 2024)

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What is The Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Bancorp's retained earnings for the quarter that ended in Mar. 2024 was $618.0 Mil.

The Bancorp's quarterly retained earnings increased from Sep. 2023 ($517.6 Mil) to Dec. 2023 ($561.6 Mil) and increased from Dec. 2023 ($561.6 Mil) to Mar. 2024 ($618.0 Mil).

The Bancorp's annual retained earnings increased from Dec. 2021 ($239.1 Mil) to Dec. 2022 ($369.3 Mil) and increased from Dec. 2022 ($369.3 Mil) to Dec. 2023 ($561.6 Mil).

The Bancorp Retained Earnings Historical Data

The historical data trend for The Bancorp's Retained Earnings 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 Retained Earnings Chart

The Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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50.74

128.45

239.11

369.32

561.62

The Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															418.44	467.45	517.59	561.62	618.04

The Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

The Bancorp (NAS:TBBK) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

The Bancorp (The Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Bancorp Inc (NAS:TBBK) » Definitions » Retained Earnings

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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