Stock fact sheet · data as of
The Bancorp, Inc. (TBBK): fair value, margin of safety and Wheel Score
Ticker symbol TBBK · Financial Services · Banks - Regional · United States · Blend
Is TBBK undervalued?
TBBK has a margin of safety of 66%: the stock closed at 47.34 on 5 Nov 2026 against a GLS average fair value of 138.83. 6 of the 8 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between DCF (30.34) and GLS Growth (360.83). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for TBBK, so the nightly engine files it under Blend (value score 65, growth score 51, out of 100).
Nine valuation models for TBBK
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 30.34 | -36% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 46.97 | -1% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 237.68 | +402% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 96.49 | +104% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 360.83 | +662% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 113.61 | +140% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 159.24 | +236% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 65.49 | +38% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -208.08 | -540% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 63.00 | +33% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
The Bancorp, Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability TBBK scores 6.7/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are high - ROIC 25.0%, ROE 33.1%, ROA 2.4% - with debt at 0.32 times equity and a free-cash-flow yield of 8.5%.
The Bancorp, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Prepaid Card Fees 81%, Credit Card, Merchant Discount 19% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 4/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 25.0% |
|---|---|---|---|
| GLS Moat | 6.7 / 10 | ROE | 33.1% |
| Debt / equity | 0.32 | ROA | 2.4% |
| Free-cash-flow yield | 8.5% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 4 · 5 / 10 |
Wheel Score 46: Weak
With a Wheel Score of 46 The Bancorp, Inc. sits in the Weak band. It fails filter 6, no serious red flags - Red Flags score 55 (under 60); Red Flags (weak) is its weakest part.
Implied volatility is 52% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 1,072 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 850k shares a day on a market cap of $1.9B, with a beta of 1.20 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Fails | Red Flags score 55 (under 60) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 66% below fair value | |
| Premium | Strong | implied volatility 52% | |
| Moat | Good | moat 6.7/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Weak | Red Flags score 55/100 | |
| Option trading | Weak | 388 contracts a day, 1,072 open interest | |
| Stability | Fair | beta 1.20, $1.9B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 28 Jan 2027, 84 days away - outside the window of a 30-45-day put sold today.
Analysts upgraded TBBK 1 time in the last 30 days with no downgrades; the latest action was a reiterated rating by Raymond James on 3 Nov 2026.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to The Bancorp, Inc. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| HAPN Happen, Inc. Common Stock | 16.69 | 34.45 | +52% | 45Weak | $1.9B |
| DCOM Dime Community Bancshares, Inc. | 43.73 | 77.58 | +44% | 82Good | $1.9B |
| GABC German American Bancorp, Inc. | 50.76 | 56.92 | +11% | 43Weak | $1.9B |
| OCFC OceanFirst Financial Corp. | 19.01 | 13.99 | -36% | 34Weak | $1.9B |
| STBA S&T Bancorp, Inc. | 52.16 | 46.01 | -13% | 30Weak | $1.8B |
| CHCO City Holding Company | 144.54 | 140.93 | -3% | 35Weak | $2.0B |
| FIISO Financial Institutions, Inc. 8.48% SRB1 PFD B | 105.89 | 74.82 | -42% | 16No options | $2.1B |
| BUSEP First Busey Corporation | 25.54 | 32.15 | +21% | 22No options | $2.1B |
| WAFDP WaFd, Inc. | 14.73 | 33.91 | +57% | 34No options | $2.1B |
| INTR Inter & Co, Inc. | 3.96 | 29.31 | +86% | 41Weak | $1.7B |
| FSUN FirstSun Capital Bancorp | 40.72 | 99.07 | +59% | 35No options | $1.7B |
| BY Byline Bancorp, Inc. | 39.05 | 35.32 | -11% | 38Weak | $1.7B |
⚖ Compare TBBK with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about TBBK
Is TBBK undervalued right now?
By the GLS models, yes: at 47.34 the stock is 66% below the average fair value of 138.83 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of TBBK and what does it mean?
TBBK scores 46 out of 100 (Weak) - it fails Wheel Trade Filter 6. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for TBBK?
138.83 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does The Bancorp, Inc. report earnings next?
The next earnings report is due on 28 Jan 2027, 84 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does TBBK have listed options, and how liquid are they?
Yes. The nightly snapshot found 32 listed contracts with 1,072 open interest across all expiries and implied volatility of 52% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.