The Bancorp: 1Q Earnings Snapshot
WILMINGTON, Del. (AP) _ The Bancorp Inc. (TBBK) on Thursday reported first-quarter earnings of $12.6 million.
The Wilmington, Delaware-based bank said it had earnings of 22 cents per share. Earnings, adjusted to account for discontinued operations, were 23 cents per share.
The Bancorp shares have dropped 46% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.97, a drop of 33% in the last 12 months.