Exhibit 99.1 The Bancorp, Inc. Reports its Third Quarter Financial Results Wilmington, DE – October 24, 2024 – The Bancorp, Inc. ("The Bancorp" or the "Company" or "we" or "our") (NASDAQ: TBBK), a financial holding company, today reported its financial results for the third quarter of 2024. Net income for the third quarter of 2024 amounted to $51.5 million. Factors Helpful to Understand Third Quarter Net Income 1. As explained under recent developments below, a new CECL factor was added which increased the ...