The Bancorp (TBBK) Q4 Revenue Misses Estimates Despite 16.1% YoY Growth

The Bancorp (NASDAQ:TBBK) reported Q4 2025 revenue of $172.6M, up 16.1% YoY but below analyst expectations. GAAP EPS of $1.28 missed consensus by 9.9%. CEO Damian Kozlowski cited government shutdown impacts, delayed credit ramp-up, NIM compression, and a legal settlement as key headwinds. Net interest income accounted for 67.3% of five-year revenue, underscoring lending as its core driver. While 5-year revenue CAGR hit 20.3%, TBVPS growth slowed to 4% over the past two years after averaging 10.4% previously. Analysts project 16.3% TBVPS growth to $18.95 over the next year. Shares fell 2.7% post-earnings to $68.53.