The Bancorp (The Bancorp) Debt-to-Equity

: 0.18 (As of Dec. 2023)

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The Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. The Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $147.8 Mil. The Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $807.3 Mil. The Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for The Bancorp's Debt-to-Equity or its related term are showing as below:

TBBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.17 Max: 0.93
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of The Bancorp was 0.93. The lowest was 0.04. And the median was 0.17.

TBBK's Debt-to-Equity is ranked better than
84.33% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs TBBK: 0.18

The Bancorp Debt-to-Equity Historical Data

The historical data trend for The Bancorp's Debt-to-Equity 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.

* Premium members only.

The Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.11

0.26

0.23

0.18

The Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.18	0.17	0.16	0.15	0.18

Competitive Comparison

For the Banks - Regional subindustry, The Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Bancorp Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, The Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Bancorp's Debt-to-Equity falls into.

The Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	147.821)	/	807.281
	=	0.18

The Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	147.821)	/	807.281
	=	0.18

The Bancorp (NAS:TBBK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

The Bancorp Debt-to-Equity 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 » Debt-to-Equity

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