The Bancorp, Inc. (TBBK) Key Metrics
TBBK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.02B
- Enterprise value
- $2.90B
- P/E (TTM)
- 9.3 10-yr median 12.7
- Forward P/E
- 14.6
- PEG ratio
- 1.07
- Price / sales
- 3.8 10-yr median 3.1
- Price / book
- 2.9 10-yr median 1.4
- EV / EBITDA
- — 10-yr median 1.9
- Dividend yield
- —
- Beta
- 1.25
TBBK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTBBK valuation Price multiples at each fiscal year-end price.
TBBK returns How much profit the business earns on the capital it uses.
TBBK per-share figures Results divided by the shares outstanding at year-end.
TBBK financial health Debt, liquidity and how easily interest is covered.
TBBK efficiency & capital use Working capital cycle and where the cash goes.
TBBK valuation history
TBBK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TBBK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TBBK cash returned to shareholders
TBBK price vs earnings per share
TBBK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.13B | $2.67B | $2.12B | $1.66B | $1.49B | $797.3M | $743.7M | $454.3M | $555.0M | $351.9M |
| Enterprise value | $3.23B | $2.17B | $485.0M | $126.0M | $85.1M | −$602.4M | −$1.47B | −$1.28B | −$1.47B | −$1.58B |
| P/E ratio | 13.7 | 12.3 | 11.0 | 12.7 | 13.5 | 10.0 | 14.4 | 5.1 | 25.6 | — |
| Price / sales | 4.5 | 3.8 | 3.5 | 4.0 | 4.6 | 2.7 | 2.6 | 1.5 | 2.6 | 2.4 |
| Price / book | 4.5 | 3.4 | 2.6 | 2.4 | 0.2 | 0.1 | 0.1 | 1.1 | 1.7 | 1.2 |
| Price / free cash flow | 12.2 | 12.0 | 12.2 | 14.5 | 18.1 | 6.8 | 11.5 | — | — | — |
| Price / operating cash flow | 11.8 | 11.7 | 11.4 | 13.9 | 17.7 | 6.6 | 11.1 | — | — | — |
| EV / sales | 4.7 | 3.1 | 0.8 | 0.3 | 0.3 | -2.0 | -5.2 | -4.2 | -6.8 | -10.9 |
| EV / EBITDA | 10.5 | 7.3 | 1.9 | 0.7 | 0.6 | — | — | — | — | — |
| EV / free cash flow | 12.5 | 9.8 | 2.8 | 1.1 | 1.0 | — | — | — | — | — |
| Earnings yield | 7.3% | 8.2% | 9.1% | 7.9% | 7.4% | 10.0% | 6.9% | 19.5% | 3.9% | −27.4% |
| Free cash flow yield | 8.2% | 8.3% | 8.2% | 6.9% | 5.5% | 14.7% | 8.7% | −38.8% | −5.2% | −48.3% |
| Dividend yield | — | — | 0.2% | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 12.1% | 9.5% | 4.9% | 3.6% | 2.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $67.52 | $52.63 | $38.56 | $28.38 | $25.31 | $13.65 | $12.97 | $7.96 | $9.88 | $7.86 |
| Per share | ||||||||||
| Revenue per share | $14.87 | $14.00 | $11.11 | $7.09 | $5.56 | $5.06 | $4.95 | $5.29 | $3.86 | $3.23 |
| Earnings per share | $4.92 | $4.29 | $3.49 | $2.23 | $1.88 | $1.37 | $0.90 | $1.55 | $0.39 | −$2.15 |
| Operating cash flow per share | $5.71 | $4.49 | $3.39 | $2.05 | $1.43 | $2.07 | $1.17 | −$3.05 | −$0.50 | −$3.62 |
| Free cash flow per share | $5.56 | $4.39 | $3.16 | $1.96 | $1.40 | $2.00 | $1.13 | −$3.09 | −$0.51 | −$3.80 |
| Cash per share | $2.85 | $12.24 | $32.43 | $28.32 | $26.44 | $26.56 | $39.50 | $31.38 | $38.08 | $49.32 |
| Book value per share | $14.86 | $15.57 | $14.66 | $11.88 | $113.74 | $104.87 | $97.74 | $7.13 | $5.77 | $6.67 |
| Tangible book value per share | $14.84 | $15.55 | $14.63 | $11.85 | $113.70 | $104.82 | $97.70 | $7.06 | $5.67 | $6.52 |
| Dividends per share | — | — | $0.06 | — | — | — | — | — | — | — |
| Capex per share | $0.15 | $0.10 | $0.23 | $0.09 | $0.03 | $0.06 | $0.04 | $0.04 | $0.01 | $0.18 |
| Debt per share | $4.81 | $2.44 | $2.69 | $2.10 | $2.58 | $2.60 | $0.95 | $0.97 | $1.99 | $6.18 |
| Shares outstanding | 46.4M | 50.7M | 55.1M | 58.4M | 58.8M | 58.4M | 57.3M | 57.1M | 56.2M | 44.8M |
| Change in shares outstanding | −8.5% | −7.9% | −5.7% | −0.7% | +0.7% | +1.9% | +0.5% | +1.6% | +25.5% | +18.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 30.8% | 27.2% | 25.6% | 3.5% | 1.7% | 1.4% | 1.7% | 24.3% | 7.0% | −29.5% |
| Return on invested capital (ROIC) | 42.5% | — | — | — | 2.2% | 2.0% | 5.0% | — | — | — |
| Return on assets (ROA) | 2.5% | 2.6% | 2.5% | 1.8% | 1.7% | 1.3% | 1.0% | 1.9% | 0.5% | −2.0% |
| Return on tangible assets | 2.4% | 2.5% | 2.5% | 1.6% | 1.6% | 1.3% | 0.9% | 2.0% | 0.5% | −2.0% |
| Free cash flow margin | 37.4% | 31.4% | 28.5% | 27.7% | 25.2% | 39.6% | 22.9% | −58.4% | −13.2% | −117.5% |
| Income quality (OCF / net income) | 1.16 | 1.05 | 0.97 | 0.92 | 0.76 | 1.51 | 1.30 | −1.96 | −1.30 | — |
| Financial health | ||||||||||
| Total debt | $223.4M | $123.7M | $147.8M | $122.5M | $151.6M | $152.0M | $54.5M | $55.2M | $111.7M | $276.8M |
| Cash & short-term investments | $132.5M | $620.8M | $1.79B | $1.65B | $1.56B | $1.55B | $2.27B | $1.79B | $2.14B | $2.21B |
| Net debt | $90.8M | −$497.1M | −$1.64B | −$1.53B | −$1.40B | −$1.40B | −$2.21B | −$1.74B | −$2.03B | −$1.93B |
| Debt / equity | 0.32 | 0.16 | 0.18 | 0.18 | 0.02 | 0.02 | 0.01 | 0.14 | 0.34 | 0.93 |
| Debt / assets | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.06 |
| Net debt / EBITDA | 0.30 | −1.68 | −6.30 | −8.45 | −9.52 | −12.49 | −28.44 | −13.85 | −43.72 | — |
| Current ratio | 0.02 | 0.18 | 0.38 | 0.12 | 0.35 | 74.46 | 0.53 | 0.76 | 0.75 | 0.78 |
| Quick ratio | 0.02 | 0.18 | 0.23 | 0.11 | 0.35 | 87.85 | 0.72 | 0.76 | 0.75 | 0.78 |
| Interest coverage | 1.7 | 1.7 | 1.7 | 3.0 | 12.8 | 6.8 | 1.9 | 4.4 | 2.6 | -5.7 |
| Working capital | −$7.99B | −$6.38B | −$4.17B | −$6.21B | −$3.87B | $2.01B | −$2.40B | −$940.9M | −$1.10B | −$924.6M |
| Invested capital | $780.6M | $292.7M | −$830.5M | −$837.7M | $5.29B | $4.73B | $3.39B | −$1.33B | −$1.70B | −$1.63B |
| Tangible asset value | $688.9M | $788.5M | $805.6M | $692.0M | $6.69B | $6.12B | $5.60B | $402.9M | $318.8M | $291.8M |
| Net current asset value | −$8.49B | −$6.57B | −$4.39B | −$6.39B | $1.95B | $1.88B | $2.66B | −$1.01B | −$1.16B | −$1.18B |
| Graham number | $40.54 | $38.77 | $33.95 | $24.41 | $69.38 | $56.88 | $44.47 | $15.79 | $7.08 | — |
| Graham net-net per share | −$183.06 | −$133.30 | −$73.93 | −$86.39 | $30.87 | $27.03 | $36.06 | −$34.16 | −$34.77 | −$46.13 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $3.3M | — | — | — | — | — | — | — |
| Share buybacks (net) | $378.3M | $252.4M | $100.0M | $60.0M | $40.0M | $0 | $0 | $0 | $200,000 | $0 |
| Dividend payout ratio | — | — | 1.7% | — | — | — | — | — | — | — |
| Dividends + buybacks / free cash flow | 146.7% | 113.3% | 59.3% | 52.4% | 48.6% | 0.0% | 0.0% | — | — | — |
| Capex / revenue | 1.0% | 0.7% | 2.1% | 1.2% | 0.5% | 1.3% | 0.7% | 0.8% | 0.2% | 5.5% |
| Capex / operating cash flow | 2.7% | 2.2% | 6.8% | 4.3% | 1.8% | 3.1% | 3.0% | — | — | — |
| Capex / depreciation | 1.52 | 1.20 | 4.13 | 1.77 | 0.47 | 0.99 | 0.38 | 0.43 | 0.09 | 1.26 |
| Stock-based compensation / revenue | 2.8% | 2.1% | 1.9% | 1.8% | 2.6% | 2.2% | 2.0% | 1.1% | 1.5% | 1.9% |
| SG&A / revenue | 20.6% | 20.7% | 22.3% | 29.0% | 37.4% | 41.0% | 39.2% | 32.2% | 44.1% | 70.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 207.6 | 376.6 | 414.0 | 534.8 | 575.9 | 575.0 | 552.2 | 483.4 | 627.5 | 710.0 |
| Days of inventory on hand | — | — | 1,138.5 | 62.3 | -4,635.2 | -10,851.5 | -8,193.4 | — | 5.5 | 12,553.4 |
| Days payables outstanding | — | — | — | 35,662.7 | 145,488.3 | 86,169.5 | 38,430.8 | 48,731.8 | 84,944.9 | 101,145.4 |
| Cash conversion cycle (days) | — | — | — | -35,065.6 | -149,547.6 | -96,446.0 | -46,072.0 | -48,248.4 | -84,311.9 | -87,882.1 |
| Receivables turnover | 1.76 | 0.97 | 0.88 | 0.68 | 0.63 | 0.63 | 0.66 | 0.76 | 0.58 | 0.51 |
| Payables turnover | — | — | — | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| Inventory turnover | — | — | 0.32 | 5.85 | — | — | — | — | 65.92 | 0.03 |
| Asset turnover | 0.08 | 0.09 | 0.08 | 0.06 | 0.05 | 0.05 | 0.06 | 0.07 | 0.05 | 0.03 |
| Average receivables | $392.7M | $732.7M | $693.7M | $606.5M | $515.8M | $465.4M | $429.2M | $399.6M | $373.1M | $281.5M |
| Average payables | — | — | — | $6.50B | $5.72B | $5.26B | $4.49B | $4.10B | $4.25B | $4.33B |
| Average inventory | — | — | $510.9M | $11.4M | −$182.2M | −$662.0M | −$958.1M | — | $277,000 | $537.0M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% |
Computed from TBBK's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TBBK valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Bancorp traded at 13.7 times earnings, against a 10-year median of 12.7. Based on the latest twelve months, the trailing P/E is 9.3 and the forward P/E is 14.6. Bancorp earned a return on equity of 30.8% and a return on invested capital of 42.5% in fiscal 2025. It ended the year with $223.4 million of debt and $132.5 million in cash and short-term investments, net debt of $90.8 million. It returned $378.3 million to shareholders: $0 in dividends and $378.3 million in share buybacks, 147% of free cash flow. The share count rose 3.7% from 44.8M to 46.4M over 9 years.
See the TBBK income statement, the TBBK chart for price history, or the TBBK stock overview for the latest quote and news.
TBBK key metrics FAQ
What is Bancorp's P/E ratio?
Bancorp's trailing P/E ratio is 9.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 14.6. At the end of fiscal 2025 it was 13.7, compared with a 10-year median of 12.7.
What is Bancorp's EV/EBITDA?
Bancorp's enterprise value was 10.5 times EBITDA at the end of fiscal 2025 (enterprise value $3.2 billion, EBITDA $307.7 million).
What is Bancorp's return on equity?
Bancorp's return on equity (ROE) was 30.8% in fiscal 2025: net income of $228.2 million on average shareholders' equity of $739.8 million.
What is Bancorp's ROIC?
Bancorp's return on invested capital was 42.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bancorp have?
Bancorp had total debt of $223.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.32 and $90.8 million of net debt (0.30 times EBITDA).
Does Bancorp buy back its shares?
Yes. Bancorp spent $378.3 million on net share repurchases in fiscal 2025 Shares outstanding changed −8.5% over the year, to 46.4M..
What is Bancorp's free cash flow yield?
Bancorp generated $257.9 million of free cash flow in fiscal 2025, a free cash flow yield of 8.2% on its market value at year-end ($3.1 billion).
What is Bancorp's current ratio?
Bancorp's current ratio was 0.02 at the end of fiscal 2025: current assets were 0.02 times current liabilities.