The Bancorp jumps 7% after KBW rating upgrade
The Bancorp (TBBK) shares rose 7% after KBW upgraded the stock to 'Outperform' with a $77 price target. The upgrade cites an improving earnings outlook driven by a new operating model and eased concerns over the REBL credit portfolio. KBW projects significant EPS growth through 2027 and believes strong profitability could support a positive re-rating, noting the stock currently trades at a discount despite underperformance against peers.
