3 models fit The Bancorp Inc Common Stock and they disagree: 1 of 3 land within 15% of the average.
Two or more of our models back this value.
Discount(i)Bronze45
Valued as a bank: Residual income, P/E comparison, Dividend discount, and Graham number.
ACCE opinionThe Bancorp Inc Common Stock (TBBK)
Fair value (3 models)
$59.06
ACCE price target
$54.00
Rating
Undervalued
Horizon
12 months
Fair value published on 20 Oct 2026, 15:04 CEST; previously $58.27 since 11 Oct 2026, 00:00 CEST.
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Rating published on 20 Oct 2026, 15:04 CEST.
Price used: $50.86 at the close on 23 Oct 2026, 22:00 CEST.
Models: P/E comparison, Graham number, and Residual income.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
13.9% below
+16.1% to fair value
ACCE score
56
out of 100
Analysts
100% buy
3 covering
P/E
9.4x
forward 14.6x
1-year return
-32.7%
Dividend yield
0.00%
The Bancorp Inc Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
The Bancorp (TBBK) is a Delaware-chartered bank whose core business is specialty lending and deposit services for niche markets, including prepaid card and fintech-partner programs, along with a traditional commercial and consumer loan book. Its edge is a low-cost, fee-rich model that has produced a 29.6% return on equity, with a 59.7% operating margin on a roughly $2.0 billion market cap. Near-term growth is the weak point: reported revenue growth is only 0.4%, so the thesis rests on margin durability and deposit economics rather than top-line expansion. The stock trades at 9.3 times trailing earnings and 14.6 times forward, a gap that implies earnings are expected to fall rather than rise, which needs checking against the bank's guidance and any reset in its partner-program revenue. Worth a deeper look to confirm whether the high returns are structural or cyclical, and whether the forward multiple is pricing in a real decline.
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
moderate
Revenue growth stalled
Revenue grew just 0.4% year over year, far below the 18.5% five-year CAGR, and the score fell from 69 to 56 over 90 days.
moderate
Heavy short interest
Short interest is 12.6% of ownership, and insiders sold $1.25M against $0.53M of purchases across the last ten disclosed trades.
AI research notes
AI-assisted·How I use AIWritten Oct 19, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
At 6.2x forward earnings, the stock trades well below the sector median of 11.8x.
Return on equity of 29.6% and a net margin of 43.6% show the bank earns strong profits on its capital.
The diluted share count fell 8.5% last year, so each remaining share owns a bigger slice of earnings.
Why it could disappoint
Revenue grew just 0.4% over the past year, far below its 18.5% average annual pace over five years.
The stock trades 13.9% below the model fair value of $59.06, and the ACCE price target of $54.00 sits 5.8% above the share price, so the upside is modest.
Bank deposits depend heavily on one fintech partner, a concentration risk that could hit funding quickly.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Oct 29, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
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Where TBBK's valuation models land
Price
$50.86
Model fair value
$59.06
Model range
$43.16 to $70.85
Fair value $59.06
Price $50.86
The price sits inside the model range.
Model
Fair value
Upside
Dividend discount
Graham number
P/E comparison
Residual income
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Quality
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Quality and conviction INVESTOR FEATURE
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