The Bancorp reported second-quarter earnings of $1.45 per share, surpassing the Zacks Consensus Estimate of $1.36 per share and marking a 6.62% earnings surprise. This compares to earnings of $1.27 per share in the same quarter a year ago. Revenues for the quarter came in at $163.51 million, missing the consensus estimate by 1.91% and down from $181.24 million a year earlier. The company has beaten consensus EPS estimates in two of the last four quarters but has not topped revenue estimates in any of those periods. Shares of The Bancorp have added about 0.1% year to date, underperforming the S&P 500's 6.9% gain.
The Bancorp IncQ2 earnings beat estimates at $1.45 per share vs $1.36 consensus
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