The Bancorp(TBBK) - 2024 Q1 - Quarterly Results
The Bancorp(TBBK)2024-04-26 04:08
Exhibit 99.1 The Bancorp, Inc. Reports First Quarter Financial Results Wilmington, DE – April 25, 2024 – The Bancorp, Inc. (“The Bancorp” or “the Company” or “we” or “our”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the first quarter of 2024. Recent Developments · The Bancorp has increased its share repurchase authorization for the second quarter of 2024 from $50.0 million to $100.0 million. · In April 2024, the Company began purchasing additional fixed rate agency bac ...