The Bancorp (The Bancorp) Scaled Net Operating Assets : -0.11 (As of Dec. 2023)

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What is The Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Bancorp's operating assets for the quarter that ended in Dec. 2023 was $5,920.1 Mil. The Bancorp's operating liabilities for the quarter that ended in Dec. 2023 was $6,750.6 Mil. The Bancorp's Total Assets for the quarter that ended in Sep. 2023 was $7,465.8 Mil. Therefore, The Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.11.

The Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(6667.605	-	6750.593)	/	7903
=	-0.01

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	7705.695	-	1038.09
=	6667.605

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6898.414	-	147.821	-	0
=	6750.593

The Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(5920.071	-	6750.593)	/	7465.767
=	-0.11

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	7705.695	-	1785.624
=	5920.071

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6898.414	-	147.821	-	0
=	6750.593

* 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 (The Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Bancorp Inc (NAS:TBBK) » Definitions » Scaled Net Operating Assets

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