Bancorp (TBBK) in Focus: Stock Slumps 14.4%

Zacks


The Bancorp Inc. (TBBK) saw a big move last session, as the company’s shares fell by over 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for TBBK, as the stock is now down nearly 21% in the past one-month time frame.

The company, which operates as the financial holding company for The Bancorp Bank, has not seen any estimate revision over the past month, and the current year earnings consensus hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.

TBBK currently has a Zacks Rank #4 (Sell).

Some better-ranked stocks in the North-East Banks industry include Horizon Bancorp (HBNC), Community Bank System Inc. (CBU) and Arrow Financial Corporation (AROW). All these stocks carry a Zacks Rank #2 (Buy).

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THE BANCORP BANK (TBBK): Free Stock Analysis Report

COMMUNITY BK SYS INC (CBU): Free Stock Analysis Report

ARROW FINANCIAL CP (AROW): Free Stock Analysis Report

HORIZON BANCORP INDIANA (HBNC): Free Stock Analysis Report


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