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TBBK (The Bancorp) Return-on-Tangible-Equity : 25.93% (As of Sep. 2024)


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What is The Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. The Bancorp's annualized net income for the quarter that ended in Sep. 2024 was $206.1 Mil. The Bancorp's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $794.8 Mil. Therefore, The Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 25.93%.

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

TBBK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.79   Med: 16.56   Max: 25.82
Current: 25.82

During the past 13 years, The Bancorp's highest Return-on-Tangible-Equity was 25.82%. The lowest was -31.79%. And the median was 16.56%.

TBBK's Return-on-Tangible-Equity is ranked better than
93.86% of 1532 companies
in the Banks industry
Industry Median: 10.29 vs TBBK: 25.82

The Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for The Bancorp's Return-on-Tangible-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 Return-on-Tangible-Equity Chart

The Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.65 15.10 18.02 19.41 25.68

The Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.40 22.33 27.85 27.00 25.93

Competitive Comparison of The Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, The Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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's Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where The Bancorp's Return-on-Tangible-Equity falls into.



The Bancorp Return-on-Tangible-Equity Calculation

The Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=192.296/( (691.982+805.63 )/ 2 )
=192.296/748.806
=25.68 %

The Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=206.068/( (775.539+813.973)/ 2 )
=206.068/794.756
=25.93 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


The Bancorp  (NAS:TBBK) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


The Bancorp Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of The Bancorp's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


The Bancorp Business Description

Traded in Other Exchanges
N/A
Address
409 Silverside Road, Wilmington, DE, USA, 19809
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, insurance policy cash value-backed lines of credit 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.
Executives
John Leto officer: EVP Head of Institutional Bank 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Thomas G. Pareigat officer: EVP General Counsel THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Matthew J Wallace officer: EVP Chief Information Officer 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Maria Wainwright officer: EVP Chief Marketing Officer 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Matthew Cohn director 405 SILVERSIDE ROAD, WILMINGTON DE 19809
Cheryl Creuzot director 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Hersh Kozlov director WOLF BLOCK SCHORR & SOLIS, 1940 RTE 70 E, CHERRY HILL NJ 08003
William H Lamb director 405 SILVERSIDE ROAD, WILMINGTON DE 19809
Jennifer F Terry officer: EVP Chief HR Officer 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Mcentee James J Iii director 405 SILVERSIDE ROAD, WILMINGTON DE 19809
Mark Leo Connolly officer: EVP Head of Credit Market 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Stephanie B Mudick director C/O THE STUDENT LOAN CORPORATION, 750 WASHINGTON BLVD., 9TH FLOOR, STAMFORD CT 06897
Daniela Mielke director 8500 GOVERNORS HILL DRIVE, SYMMES TOWNSHIP OH 45249
Jeffrey A Nager officer: EVP Head of Commercial Lending 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Olek Derowe officer: EVP Head Commercial RE 409 SILVERSIDE ROAD, WILMINGTON DE 19809