Connolly Mark Leo Buys Shares of The Bancorp, Inc. $TBBK
Key Points
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Connolly Mark Leo, EVP and Head of Credit Markets at The Bancorp, Inc. ($TBBK), bought 3,200 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
The Bancorp, Inc. Stock Down 12.5%
Shares of The Bancorp, Inc. ($TBBK) traded around $57.46 on Saturday, down 12.5% for the day.
The Bancorp, Inc. Earnings
Analysts Set New Price Targets
About The Bancorp, Inc.
The Bancorp, Inc. operates as the financial holding company for The Bancorp Bank, National Association that provides banking products and services in the United States. It offers a range of deposit products and services, including checking, savings, money market, and commercial accounts. The company also provides securities-backed lines of credit and insurance policy cash value-backed lines of credit; investor advisor financing; financing to investment advisors; Small Business Administration loan; lease financing for commercial and government vehicle fleets; commercial real estate bridge loans, as well as consumer fintech loans comprising short-term extensions of credit, including secured credit card loans, payroll advances, and others. In addition, it offers automated clearing house (ACH) bill, and other payment services; debit and prepaid card issuing services; card and bill payment; account services; data processing services, check imaging, loan processing, electronic bill payment and statement rendering; call center customer support; access to automated teller machine networks; bank accounting and general ledger system; data warehousing services; and software development services. The company was incorporated in 1999 and is headquartered in Wilmington, Delaware.
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