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The Bancorp: 1Q Earnings Snapshot

April 30, 2020 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TBBK at https://www.zacks.com/ap/TBBK