The Bancorp, Inc. (TBBK) Income Statement
TBBK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTBBK revenue and net income
Where TBBK's revenue goes
2025Each bar shows an amount and its share of revenue. TBBK kept 33.1% of revenue as net income.
TBBK profit margins
TBBK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.8% | +18.6% | +18.5% | +12.3% |
| Gross profit | +3.5% | +13.9% | +13.4% | +9.8% |
| Operating income | +3.7% | +19.4% | +22.9% | +46.2% |
| Net income | +4.9% | +20.6% | +23.3% | +32.7% |
| EPS (diluted) | +13.9% | +29.2% | +28.9% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TBBK quarterly EPS vs estimates
Bancorp beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: October 29, 2026 (estimate $1.44).
TBBK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $690.5M | $710.1M | $611.6M | $414.0M | $326.9M | $295.4M | $283.7M | $301.8M | $217.0M | $144.7M |
| Cost of revenue | $177.7M | $214.7M | $163.8M | $66.6M | $14.3M | $22.3M | $42.7M | $30.7M | $18.3M | $15.6M |
| Gross profit | $512.8M | $495.4M | $447.8M | $347.4M | $312.5M | $273.1M | $241.0M | $271.1M | $198.7M | $129.1M |
| Sales, general & admin | $142.6M | $147.1M | $136.1M | $120.1M | $122.1M | $121.2M | $111.2M | $97.2M | $95.7M | $102.0M |
| Total operating expenses | $209.7M | $203.2M | $191.0M | $169.5M | $168.3M | $164.8M | $168.5M | $151.3M | $158.4M | $198.6M |
| Operating income | $303.0M | $292.2M | $256.8M | $177.9M | $144.2M | $108.3M | $72.5M | $119.8M | $40.4M | −$69.5M |
| Interest income | $551.4M | $551.6M | $484.3M | $308.4M | $210.9M | $194.9M | $179.6M | $148.0M | $122.0M | $102.2M |
| Interest expense | $175.9M | $175.4M | $155.5M | $59.5M | $11.2M | $15.9M | $38.3M | $27.1M | $15.3M | $12.3M |
| Income before taxes | $303.0M | $292.2M | $256.8M | $177.9M | $144.2M | $108.3M | $72.5M | $119.8M | $40.4M | −$69.5M |
| Income taxes | $74.8M | $74.6M | $64.5M | $47.7M | $33.7M | $27.7M | $21.2M | $32.2M | $23.1M | −$12.7M |
| Net income | $228.2M | $217.5M | $192.3M | $130.2M | $110.7M | $80.1M | $51.6M | $88.7M | $21.7M | −$96.5M |
| EBITDA | $307.7M | $296.3M | $259.8M | $181.2M | $147.5M | $112.0M | $77.7M | $125.3M | $46.4M | −$63.1M |
| EPS (diluted) | $4.92 | $4.32 | $3.51 | $2.28 | $1.87 | $1.38 | $1.08 | $0.75 | $0.52 | −$0.77 |
| Gross margin | 74.3% | 69.8% | 73.2% | 83.9% | 95.6% | 92.5% | 85.0% | 89.8% | 91.6% | 89.2% |
| Operating margin | 43.9% | 41.1% | 42.0% | 43.0% | 44.1% | 36.7% | 25.6% | 39.7% | 18.6% | −48.0% |
| Net margin | 33.1% | 30.6% | 31.4% | 31.5% | 33.9% | 27.1% | 18.2% | 29.4% | 10.0% | −66.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $205.2M | $165.3M | $169.8M | $216.8M | $226.9M | $223.4M | $193.7M | $171.7M | $168.0M | $165.2M | $149.1M | $155.8M |
| Cost of revenue | $67.7M | $27.6M | $41.4M | $87.3M | $90.0M | $94.9M | $65.5M | $49.4M | $44.8M | $43.6M | $44.2M | $41.9M |
| Gross profit | $137.4M | $137.7M | $128.4M | $129.6M | $136.9M | $128.5M | $128.2M | $122.3M | $123.3M | $121.6M | $104.8M | $113.9M |
| Sales, general & admin | $37.4M | $37.5M | $34.4M | $41.0M | $37.5M | $37.5M | $37.6M | $37.7M | $37.7M | $34.1M | $32.2M | $34.1M |
| Total operating expenses | $56.5M | $59.0M | $53.4M | $56.4M | $57.2M | $53.3M | $51.8M | $53.3M | $51.4M | $46.7M | $45.6M | $47.5M |
| Operating income | $80.9M | $78.7M | $75.0M | $73.2M | $79.6M | $75.2M | $76.4M | $69.0M | $71.8M | $74.9M | $59.2M | $66.5M |
| Interest income | $132.0M | $129.8M | $132.0M | $136.4M | $143.1M | $139.8M | $138.8M | $139.7M | $137.3M | $135.8M | $132.1M | $129.0M |
| Interest expense | $41.7M | $41.0M | $39.9M | $42.2M | $45.7M | $48.1M | $44.5M | $45.9M | $43.5M | $41.4M | $39.9M | $40.1M |
| Income before taxes | $80.9M | $78.7M | $75.0M | $73.2M | $79.6M | $75.2M | $76.4M | $69.0M | $71.8M | $74.9M | $59.2M | $66.5M |
| Income taxes | $20.3M | $18.6M | $18.7M | $18.2M | $19.8M | $18.1M | $20.5M | $17.5M | $18.1M | $18.5M | $15.2M | $16.3M |
| Net income | $60.7M | $60.1M | $56.3M | $54.9M | $59.8M | $57.2M | $55.9M | $51.5M | $53.7M | $56.4M | $44.0M | $50.1M |
| EBITDA | $82.2M | $80.0M | $76.3M | $74.3M | $80.8M | $76.3M | $77.5M | $69.9M | $73.0M | $75.9M | $60.4M | $66.9M |
| EPS (diluted) | $1.45 | $1.41 | $1.28 | $1.18 | $1.27 | $1.19 | $1.15 | $1.04 | $1.07 | $1.06 | $0.81 | $0.93 |
| Gross margin | 67.0% | 83.3% | 75.6% | 59.8% | 60.3% | 57.5% | 66.2% | 71.2% | 73.4% | 73.6% | 70.3% | 73.1% |
| Operating margin | 39.5% | 47.6% | 44.2% | 33.7% | 35.1% | 33.7% | 39.4% | 40.2% | 42.7% | 45.4% | 39.7% | 42.7% |
| Net margin | 29.6% | 36.3% | 33.1% | 25.3% | 26.4% | 25.6% | 28.9% | 30.0% | 32.0% | 34.2% | 29.5% | 32.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TBBK's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TBBK financial results
In fiscal year 2025 (ended December 31, 2025), Bancorp reported revenue of $690.5 million, down 2.8% from the year before. It had net income of $228.2 million (up 4.9%), a net profit margin of 33.1%. Diluted earnings per share came to $4.92. Over five years revenue grew at an average rate of 18.5% a year.
See the TBBK stock overview for the latest quote and news, or the TBBK chart for price history and technical indicators.
TBBK income statement FAQ
What is Bancorp's annual revenue?
Bancorp reported total revenue of $690.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 2.8% from $710.1 million the previous year.
Is Bancorp profitable?
Yes. Bancorp reported net income of $228.2 million in fiscal 2025, a net profit margin of 33.1%; its operating margin was 43.9%.
What is Bancorp's gross margin?
Bancorp's gross margin was 74.3% in fiscal 2025: for every $100 of revenue, Bancorp kept $74 after the direct cost of its products and services.
How fast is Bancorp growing?
Revenue grew 18.5% a year on average over the last five fiscal years, from $295.4 million to $690.5 million.
What are Bancorp's earnings per share?
Bancorp earned $4.92 per diluted share in fiscal 2025, compared with $4.32 a year earlier.
When will Bancorp report its next earnings?
Bancorp is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 after the market closes.
When does Bancorp's fiscal year end?
Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.