Exhibit 99.1

The Bancorp, Inc. Reports First Quarter 2020 Financial Results

Wilmington, DE – April 30, 2020 – The Bancorp, Inc. ("The Bancorp") (NASDAQ: TBBK), a financial holding company, today reported financial results for the first quarter of 2020.

Highlights

For the quarter ended March 31, 2020, The Bancorp earned net income of $13.2 million from continuing operations, and $0.22 diluted earnings per share from combined continuing and discontinued operations.

Net interest margin increased to 3.34% for the quarter ended March 31, 2020, compared to 3.12% for the quarter ended December 31, 2019.

Net interest income increased 26% to $42.9 million for the quarter ended March 31, 2020, compared to $34.0 million for the quarter ended March 31, 2019.

Average loans and leases, including loans held for sale, increased 43% to $3.3 billion for the quarter ended March 31, 2020, compared to $2.3 billion for the quarter ended March 31, 2019.

Prepaid, debit card and related fees increased 15% to $18.5 million for the quarter ended March 31, 2020, compared to $16.2 million for the quarter ended March 31, 2019. Gross dollar volume (GDV), representing total spend on cards, increased 36%.

SBLOC (securities-backed lines of credit) and IBLOC (insurance backed lines of credit) loans increased 46% year over year and 13% quarter over quarter to $1.2 billion at March 31, 2020.

Small Business Loans, including those held-for-sale, increased 21% year over year to $595.1 million at March 31, 2020.

As of April 28, 2020 we have originated approximately 1250 Paycheck Protection Program loans, totaling in excess of $200 million, which we expect will generate approximately $5.5 million of fees and interest. We believe that income will be recognized primarily in the second quarter of 2020. The average loan size was approximately $165,000 with 92% of the loans under $350,000.

Direct lease financing, the vast majority of which consist of vehicles, increased 16% year over year, to $446 million.

The average rate on $4.9 billion of average deposits and interest-bearing liabilities in the first quarter of 2020 was 0.70%. Average prepaid and debit card account deposits of $3.2 billion for first quarter 2020, reflecting an increase of 24% over the $2.5 billion for the quarter ended March 31, 2019.

Consolidated leverage ratio was 8.90% at March 31, 2020. The Bancorp and its subsidiary, The Bancorp Bank (the “Bank”), remain well capitalized.

Book value per common share at March 31, 2020 was $8.69 per share compared to $7.70 a year earlier, an increase of 13%.

The following additional matters are notable:

A planned sale by the Bank of approximately $825 million of commercial real estate loans scheduled for April 2020 was not consummated by the purchaser. The purchaser had deposited $12.5 million with the Bank, which was to be forfeited should they not consummate the purchase. We have been advised and have concluded that, under the relevant circumstances, the Bank is entitled to retain the deposit. The Bank intends to recognize the deposit as income in a time and manner consistent with applicable accounting rules.

We implemented Current Expected Credit Loss (“CECL”) accounting as of January 1, 2020. As a result, we booked a $2.6 million cumulative increase to the allowance for loan and lease losses and $569,000 to other liabilities for unfunded commitments. The $3.2 million combined total of these items was offset through retained earnings, net of their future tax benefit. The provision as determined through the CECL model resulted in a $3.6 million provision for credit losses for the quarter ended March 31, 2020.

Damian Kozlowski, The Bancorp’s Chief Executive Officer, said, “We have continued to experience momentum in our core earnings despite the current COVID-19 developments. While the pandemic continues to be fast-developing and could be prolonged, we have evaluated the impact of lower interest rates and potential lower business volumes on our profitability for 2020. We believe that the previously announced $1.25 minimum earnings per share guidance for 2020 is still attainable, while $1.34 earnings per share has become less likely. Accordingly, the $1.25 earnings per share now constitutes our guidance for full year 2020. We have removed the range of earnings performance and made $1.25 our target. We have also provided additional tables and other disclosures in this press release related to credit exposures.”

The Bancorp reported net income of $12.6 million, or $0.22 per diluted share, for the quarter ended March 31, 2020, compared to net income of $17.9 million, or $0.32 per diluted share, for the quarter ended March 31, 2019. Results for 2020 reflected $5.2 million of unrealized losses on loans held for sale, which may or may not be realized depending on future market conditions. The prior year comparable quarter reflected $10.8 million of gains on such loans, which consisted primarily of realized gains. Pre-tax income excluding these items, which are dependent on market conditions, amounted to $22.7 for first quarter 2020 compared to $12.7 million for first quarter 2019, or an increase of 79%. Tier one capital to assets (leverage), tier one capital to risk-weighted assets, total capital to risk-weighted assets and common equity-tier 1 to risk-weighted assets ratios were 8.90%, 16.99%, 17.41% and 16.99%, respectively, compared to well-capitalized minimums of 5%, 8%, 10% and 6.5%, respectively.

Conference Call Webcast

You may access the LIVE webcast of The Bancorp's Quarterly Earnings Conference Call at 8:00 AM ET Friday, May 1, 2020 by clicking on the webcast link on The Bancorp's homepage at www.thebancorp.com. Or, you may dial 844.775.2543, access code 8676348. You may listen to the replay of the webcast following the live call on The Bancorp's investor relations website or telephonically until Friday, May 8, 2020 by dialing 855.859.2056, access code 8676348.

The Bancorp, Inc. (NASDAQ: TBBK) is dedicated to serving the unique needs of non-bank financial service companies, ranging from entrepreneurial start-ups to those on the Fortune 500. The company’s only subsidiary, The Bancorp Bank (Member FDIC, Equal Housing Lender), has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards (US), a top merchant sponsor bank and a top ACH originator. Specialized lending distinctions include National Preferred SBA Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial vehicle leasing groups in the nation. For more information please visit www.thebancorp.com.

Forward-Looking Statements

Statements in this earnings release regarding The Bancorp’s business which are not historical facts are "forward-looking statements." These statements may be identified by the use of forward-looking terminology, including but not limited to the words “may,” “believe,” “will,” “expect,” “look,” “anticipate,” “estimate,” “continue,” or similar words , and are based on current expectations about important economic, political, and technological factors, among others, and are subject to risks and uncertainties, which could cause the actual results, events or achievements to differ materially from those set forth in or implied by the forward-looking statements and related assumptions. These risks and uncertainties include those relating to the on-going COVID-19 pandemic, the impact it will have on our business and the industry as a whole, and the resulting governmental and societal responses. For further discussion of the risks and uncertainties to which these forward-looking statements may be subject, see The Bancorp’s filings with the Securities Exchange Commission, including the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of those filings. The forward-looking statements speak only as of the date of this press release. The Bancorp does not undertake to publicly revise or update forward-looking statements in this press release to reflect events or circumstances that arise after the date of this earnings release, except as may be required under applicable law.

The Bancorp, Inc. Contact

Andres Viroslav

Director, Investor Relations

215-861-7990

[email protected]

The Bancorp, Inc.
Financial highlights
(unaudited)

	Three months ended					Year ended
	March 31,					December 31,
Condensed income statement	2020			2019		2019
	(dollars in thousands except per share data)

Net interest income	$	42,911		$	34,010	$	141,288
Provision for loan and lease losses		3,579			1,700		4,400
Non-interest income
Service fees on deposit accounts		10			47		75
ACH, card and other payment processing fees		1,846			2,303		9,376
Prepaid, debit card and related fees		18,540			16,163		65,141
Net realized and unrealized gains (losses) on commercial loans originated for sale		(5,156	)		10,763		24,072
Change in value of investment in unconsolidated entity		(45	)		—		—
Leasing related income		833			695		3,243
Other non-interest income		571			394		2,220
Total non-interest income		16,599			30,365		104,127
Non-interest expense
Salaries and employee benefits		22,741			23,840		94,259
Data processing expense		1,169			1,269		4,894
Legal expense		913			1,324		5,319
FDIC Insurance		2,589			1,929		7,025
Software		3,477			2,921		12,731
Civil money penalties		—			—		8,900
Lease termination expense		—			—		908
Other non-interest expense		7,529			7,946		34,485
Total non-interest expense		38,418			39,229		168,521
Income from continuing operations before income taxes		17,513			23,446		72,494
Income tax expense		4,352			6,035		21,226
Net income from continuing operations		13,161			17,411		51,268
Discontinued operations
Income (loss) from discontinued operations before income taxes		(775	)		805		510
Income tax expense (benefit)		(205	)		286		219
Net income (loss) from discontinued operations, net of tax		(570	)		519		291
Net income	$	12,591		$	17,930	$	51,559

Net income per share from continuing operations - basic	$	0.23		$	0.31	$	0.90
Net income (loss) per share from discontinued operations - basic	$	(0.01	)	$	0.01	$	0.01
Net income per share - basic	$	0.22		$	0.32	$	0.91

Net income per share from continuing operations - diluted	$	0.23		$	0.31	$	0.89
Net income (loss) per share from discontinued operations - diluted	$	(0.01	)	$	0.01	$	0.01
Net income per share - diluted	$	0.22		$	0.32	$	0.90
Weighted average shares - basic		57,220,844			56,522,015		56,765,635
Weighted average shares - diluted		57,926,785			56,876,662		57,338,985

Balance sheet	March 31,			December 31,			September 30,			March 31,
	2020			2019			2019			2019
	(dollars in thousands)
Assets:
Cash and cash equivalents
Cash and due from banks	$	13,610		$	19,928		$	24,068		$	11,678
Interest earning deposits at Federal Reserve Bank		105,978			924,544			932,440			714,514
Total cash and cash equivalents		119,588			944,472			956,508			726,192

Investment securities, available-for-sale, at fair value		1,353,278			1,320,692			1,382,437			1,368,602
Investment securities, held-to-maturity, at cost		—			84,387			84,399			84,428
Commercial loans held for sale, at fair value		1,716,450			1,180,546			489,240			570,426
Loans, net of deferred fees and costs		1,985,755			1,824,245			1,683,377			1,510,395
Allowance for loan and lease losses		(14,883	)		(10,238	)		(10,360	)		(9,954	)
Loans, net		1,970,872			1,814,007			1,673,017			1,500,441
Federal Home Loan Bank & Atlantic Community Bancshares stock		1,142			5,342			4,342			1,113
Premises and equipment, net		17,148			17,538			17,857			18,056
Accrued interest receivable		15,660			13,619			13,898			13,907
Intangible assets, net		2,857			2,315			2,698			3,463
Deferred tax asset, net		12,797			12,538			13,006			18,423
Investment in unconsolidated entity		34,273			39,154			49,431			58,258
Assets held for sale from discontinued operations		134,118			140,657			162,098			188,025
Other assets		79,925			81,696			94,605			75,642
Total assets	$	5,458,108		$	5,656,963		$	4,943,536		$	4,626,976

Liabilities:
Deposits
Demand and interest checking	$	4,512,949		$	4,402,740		$	3,844,747		$	3,993,828
Savings and money market		178,174			174,290			25,950			31,470
Time deposits		—			475,000			475,000			—
Total deposits		4,691,123			5,052,030			4,345,697			4,025,298

Securities sold under agreements to repurchase		42			82			93			93
Short-term borrowings		140,000			—			—			—
Subordinated debenture		13,401			13,401			13,401			13,401
Long-term borrowings		40,813			40,991			41,166			41,499
Other liabilities		74,625			65,962			59,005			111,905
Total liabilities	$	4,960,004		$	5,172,466		$	4,459,362		$	4,192,196

Shareholders' equity:
Common stock - authorized, 75,000,000 shares of $1.00 par value; 57,425,556 and 56,568,004 shares issued and outstanding at March 31, 2020 and 2019, respectively		57,426			56,941			56,911			56,568
Treasury stock (100,000 shares)		(866	)		(866	)		(866	)		(866	)
Additional paid-in capital		372,984			371,633			370,113			367,483
Accumulated earnings		60,960			50,742			48,888			17,113
Accumulated other comprehensive income (loss)		7,600			6,047			9,128			(5,518	)
Total shareholders' equity		498,104			484,497			484,174			434,780

Total liabilities and shareholders' equity	$	5,458,108		$	5,656,963		$	4,943,536		$	4,626,976

Average balance sheet and net interest income	Three months ended March 31, 2020								Three months ended March 31, 2019
	(dollars in thousands)
	Average					Average			Average					Average
Assets:	Balance			Interest		Rate			Balance			Interest		Rate
Interest earning assets:
Loans net of deferred fees and costs **	$	3,262,378		$	39,159		4.80	%	$	2,266,834		$	30,161		5.32	%
Leases - bank qualified*		10,975			200		7.29	%		17,793			428		9.62	%
Investment securities-taxable		1,395,545			10,495		3.01	%		1,303,491			10,530		3.23	%
Investment securities-nontaxable*		5,174			39		3.02	%		7,546			59		3.13	%
Interest earning deposits at Federal Reserve Bank		493,876			1,623		1.31	%		423,024			2,502		2.37	%
Net interest earning assets		5,167,948			51,516		3.99	%		4,018,688			43,680		4.35	%

Allowance for loan and lease losses		(10,176	)							(8,638	)
Loans held for sale from discontinued operations		137,286			1,275		3.71	%		173,800			2,025		4.66	%
Other assets		226,881								234,174
	$	5,521,939							$	4,418,024

Liabilities and Shareholders' Equity:
Deposits:
Demand and interest checking	$	4,353,690		$	6,695		0.62	%	$	3,798,837		$	8,833		0.93	%
Savings and money market		173,575			50		0.12	%		31,392			37		0.47	%
Time		319,505			1,483		1.86	%		—			—		—
Total deposits		4,846,770			8,228		0.68	%		3,830,229			8,870		0.93	%

Short-term borrowings		56,813			165		1.16	%		74,386			503		2.70	%
Securities sold under agreements to repurchase		72			—		0.00	%		90			—		0.00	%
Subordinated debentures		13,401			162		4.84	%		13,401			195		5.82	%
Total deposits and liabilities		4,917,056			8,555		0.70	%		3,918,106			9,568		0.98	%

Other liabilities		113,582								79,140
Total liabilities		5,030,638								3,997,246

Shareholders' equity		491,301								420,778
	$	5,521,939							$	4,418,024
Net interest income on tax equivalent basis*				$	44,236							$	36,137

Tax equivalent adjustment					50								102

Net interest income				$	44,186							$	36,035
Net interest margin *							3.34	%							3.41	%

* Full taxable equivalent basis, using a statutory Federal tax rate of 21% for 2020 and 2019.
** Includes loans held for sale.

Allowance for loan and lease losses:	Three months ended						Year ended
	March 31,			March 31,			December 31,
	2020			2019			2019
	(dollars in thousands)

Balance in the allowance for loan and lease losses at beginning of period (1)	$	12,874		$	8,653		$	8,653

Loans charged-off:
SBA non-real estate		264			322			1,362
Direct lease financing		1,194			106			529
Other consumer loans		—			—			1,102
Total		1,458			428			2,993

Recoveries:
SBA non-real estate		19			17			125
Direct lease financing		84			12			51
Other consumer loans		—			—			2
Total		103			29			178
Net charge-offs		1,355			399			2,815
Provision credited to allowance, excluding commitment provision		3,364			1,700			4,400

Balance in allowance for loan and lease losses at end of period	$	14,883		$	9,954		$	10,238
Net charge-offs/average loans		0.04	%		0.02	%		0.12	%
Net charge-offs/average loans (annualized)		0.17	%		0.07	%		0.12	%
Net charge-offs/average assets		0.02	%		0.01	%		0.06	%
(1) Excludes activity from assets held for sale from discontinued operations.

Loan portfolio:	March 31,		December 31,		September 30,		March 31,
	2020		2019		2019		2019
	(in thousands)

SBL non-real estate	$	84,946	$	84,579	$	84,181	$	76,112
SBL commercial mortgage		233,220		218,110		209,008		179,397
SBL construction		48,823		45,310		38,116		23,979
Small business loans *		366,989		347,999		331,305		279,488
Direct lease financing		445,967		434,460		412,755		384,930
SBLOC / IBLOC**		1,156,433		1,024,420		920,463		791,986
Other specialty lending		2,711		3,055		3,167		34,425
Other consumer loans ***		4,023		4,554		6,388		9,301
		1,976,123		1,814,488		1,674,078		1,500,130
Unamortized loan fees and costs		9,632		9,757		9,299		10,265
Total loans, net of unamortized fees and costs	$	1,985,755	$	1,824,245	$	1,683,377	$	1,510,395

Small business portfolio:		March 31,		December 31,		September 30,		March 31,
		2020		2019		2019		2019
		(in thousands)

SBL, including unamortized fees and costs		371,072		352,214		337,440		286,814
SBL, included in held-for-sale		223,987		220,358		222,007		206,901
Total small business loans	$	595,059	$	572,572	$	559,447	$	493,715

* The preceding table shows small business loans and small business loans held-for-sale, which consist of the government guaranteed portion of SBA loans at the dates indicated (in thousands).

** Securities Backed Lines of Credit (SBLOC) are collateralized by marketable securities, while Insurance Backed Lines of Credit (IBLOC) are collateralized by the cash surrender value of insurance policies. At March 31, 2020 and December 31, 2019, respectively, IBLOC loans amounted to $228.8 million and $144.6 million.

*** Included in the table above under other consumer loans are demand deposit overdrafts reclassified as loan balances totaling $455,000 and $882,000 at March 31, 2020 and December 31, 2019, respectively. Estimated overdraft charge-offs and recoveries are reflected in the allowance for loan and lease losses.

Small business loans as of March 31, 2020

	Loan principal
		(in millions)
U.S. government guaranteed portion of SBA loans (a)	$	304
Commercial mortgage SBA (b)		147
Construction SBA (c)		29
Unguaranteed portion of U.S. government guaranteed loans (d)		85
Non-SBA small business loans (e)		21
Total principal	$	586
Fair value adjustment		5
Unamortized fees		4
Total small business loans	$	595

(a) This is the portion of SBA 7a loans (7a) which have been granted guarantees by the U.S. government, and therefore assumed to have no credit risk.

(b) Substantially all of these loans are made under the SBA 504 Fixed Asset Financing program (504) which dictates origination date loan to value percentages (LTV), generally 50-60%, to which the bank adheres.

(c) Of the $29 million Construction SBA loans, $21 million are 504 first mortgages with an origination date LTV of 50-60% and $8 million are SBA interim loans with an approved SBA post-construction full takeout/payoff.

(d) The $85 million represents the unguaranteed portion of 7a loans which are 70% or more guaranteed by the U.S. government. 7a loans are not made on the basis of real estate LTV; however, they are subject to SBA's "All Available Collateral" rule which mandates that to the extent a borrower or its 20% or greater principals have available collateral (including personal residences), the collateral must be pledged to fully collateralize the loan, after applying SBA-determined liquidation rates. In addition, all 7a and 504 loans require the personal guaranty of all 20% or greater owners.

(e) Of the $21 million in non-SBA loans, $2 million are bridge loans with permanent lender takeout commitments, $2 million is a secured conventional loan with an origination date LTV of 80% and $17 million consist of approximately 20 conventional coffee/doughnut/carryout franchisee note purchases. The majority of purchased notes were made to multi-unit operators and are considered seasoned and have performed as agreed. A $2 million guaranty by the seller, for an 11% first loss piece, is in place until August 2021.

Additionally, the CARES Act of 2020, recently approved by Congress has provided significant support for SBA loans including funding intended to provide six months of interest payments on SBA loans, as well as other accommodations to provide for the payment of payroll and other operating expenses.

Type as of March 31, 2020
(Excludes government guaranteed portion of SBA 7a loans)
	SBL commercial mortgage*		SBL construction*		SBL non-real estate		Total		% Total
	(in millions)
Hotels	$	62	$	17	$	—	$	79		28	%
Professional services offices		17		—		5		22		8	%
Full-service restaurants		15		1		5		21		8	%
Child day care and youth services		18		1		1		20		7	%
Bakeries		4		—		12		16		6	%
Fitness/rec centers and instruction		8		—		5		13		4	%
General warehousing and storage		11		—		—		11		4	%
Limited-service restaurants and catering		7		—		3		10		4	%
Elderly assisted living facilities		—		7		3		10		4	%
Amusement and recreation industries		5		1		—		6		2	%
Car washes		3		2		—		5		2	%
Funeral homes		5		—		—		5		2	%
New and used car dealers		4		—		—		4		1	%
Automotive servicing		2		—		1		3		1	%
Other		34		5		18		57		20	%
Total	$	195	$	34	$	53	$	282		100	%

* Substantially all are SBA loans which had 50-60% LTV ratios at their origination.

State diversification as of March 31, 2020
(Excludes government guaranteed portion of SBA 7a loans)

	SBL commercial mortgage*		SBL construction*		SBL non-real estate		Total		% Total
	(in millions)
Florida	$	33	$	14	$	7	$	54		19	%
Pennsylvania		29		—		3		32		11	%
Illinois		26		—		5		31		11	%
California		25		1		5		31		11	%
North Carolina		16		9		2		27		10	%
New York		13		1		5		19		7	%
Texas		10		1		5		16		6	%
Tennessee		8		5		1		14		5	%
New Jersey		1		2		7		10		4	%
Virginia		8		1		2		11		4	%
Georgia		3		—		1		4		1	%
Michigan		3		—		1		4		1	%
Colorado		2		—		1		3		1	%
Ohio		2		—		1		3		1	%
Other states		16		—		7		23		8	%
Total	$	195	$	34	$	53	$	282		100	%

* Substantially all are SBA loans with 50-60% LTV ratios at origination.

Top 10 loans as of March 31, 2020

Type*	State	SBL commercial mortgage*		SBL construction*		Total
	(in millions)
Professional services office	CA	$	9	$	—	$	9
Hotel	FL		9		—		9
General warehouse	PA		7		—		7
Hotel	NC		—		6		6
Hotel	FL		5		—		5
Hotel	NC		5		—		5
Assisted living facility	FL		—		5		5
Fitness and rec center	PA		5		—		5
Hotel	PA		4		—		4
Hotel	NY		3		—		3
Total		$	47	$	11	$	58

* All of the top 10 loans are SBA and with the rest of the commercial real estate portfolio are originated with an approximate loan to value ratio between 50% and 60% at origination.

Commercial real estate loans held for sale which were originated for sale or securitization, excluding SBA loans, are as follows including LTV at origination. The vast majority of these loans were originated in the past nine months:

Type as of March 31, 2020
Type	# Loans		Balance			Origination date LTV			Weighted average minimum interest rate
	(dollars in millions)
Multifamily (apartments)		175	$	1,364			77	%		4.75	%
Hospitality (hotels and lodging) *		11		58			62	%		5.69	%
Retail		7		51			72	%		4.94	%
Other		8		24			69	%		5.18	%
		201	$	1,497			76	%		4.80	%
Fair value adjustment				(4	)
Total			$	1,493

*Of the total $4 million fair value adjustment, $1.8 million was related to hospitality loans

State diversification as of March 31, 2020					15 Largest loans (all multifamily) as of March 31, 2020

State		Balance	Origination date LTV		State		Balance	Origination date LTV
		(in millions)					(in millions)
Texas	$	375	77	%	North Carolina	$	43	78	%
Georgia		230	78	%	Texas		36	79	%
Arizona		117	76	%	Texas		34	80	%
North Carolina		108	77	%	Pennsylvania		31	77	%
Nevada		56	80	%	Georgia		31	80	%
Alabama		53	76	%	Nevada		28	80	%
Other states each <$50 million		558	76	%	Texas		27	75	%
Total	$	1,497	76	%	Texas		26	77	%
					Arizona		25	79	%
					Mississippi		25	79	%
					Texas		24	77	%
					North Carolina		24	77	%
					Texas		24	77	%
					Georgia		23	79	%
					Alabama		22	77	%
					15 Largest loans	$	423	78	%

Institutional banking loans outstanding at March 31, 2020

Type		Principal	% of total
		(in millions)
Securities backed lines of credit (SBLOC)	$	927	80	%
Insurance backed lines of credit (IBLOC)		229	20	%
Total	$	1,156	100	%

For SBLOC, we generally lend up to 50% of the value of equities and 80% for investment grade securities. While equities have fallen in excess of 30% in recent periods, the reduction in collateral value of brokerage accounts collateralizing SBLOCs generally has been less, for two reasons. First, many collateral accounts are “balanced” and accordingly have a component of debt securities, which have either not decreased in value as much as equities, or in some cases may have increased in value. Secondly, many of these accounts have the benefit of professional investment advisors who provided some protection against market downturns, through diversification and other means. Additionally, borrowers often utilize only a portion of collateral value, which lowers the ratio of principal to collateral. As a result, the accounts monitored by management and related information as of March 31, 2020 were as follows:

Assessment of SBLOC collateral market value
	Number of loans		Principal balances		Market value of collateral		% Principal to collateral
	(in millions)
0-5%		7	$	4	$	5		79	%
5-10%		19		24		32		75	%
10-15%		40		26		36		71	%
15%+		85		50		79		63	%
Subtotal*		151	$	104	$	152		69	%
Remaining portfolio		4,498		823		3,598		23	%
Total		4,649	$	927	$	3,750		25	%

* Of the 4,649 SBLOC loans with principal balances of $927 million, 151 loans with principal of $104 million at March 31, 2020 were being monitored at that date, as they had exceeded the desired threshold for the percent principal to market value of collateral. The first column reflects the percentage increase in that ratio before additional collateral or paydown of debt would be required. As of April 23, 2020, the number of loans requiring monitoring had decreased to 80 loans, with principal balances of $57 million.

Top 10 SBLOC loans
	Principal amount		% Principal to collateral
	(in millions)
	$	22		22	%
		19		47	%
		15		29	%
		11		82	%
		10		57	%
		9		31	%
		9		76	%
		8		22	%
		8		20	%
		8		23	%
Total	$	119		40	%

Insurance backed lines of credit (IBLOC)

IBLOC loans are backed by the cash value of life insurance policies which have been assigned to us. We lend up to 100% of such cash value. Our underwriting standards require approval of the insurance companies which carry the policies backing these loans. Currently, seven insurance companies have been approved and, as of January 21, 2020 all were rated Superior (A+ or better) by AM BEST. Moody’s ratings were at least A rated, and ranged from A3 to Aa2.

Direct lease financing* by type as of March 31, 2020

		Principal balance	% Total
		(in millions)
Government agencies and public institutions**	$	79	18	%
Construction		75	17	%
Waste management and remediation services		62	14	%
Real estate, rental and leasing		44	10	%
Retail trade		40	9	%
Transportation and warehousing		29	6	%
Health care and social assistance		26	6	%
Professional, scientific, and technical services		20	5	%
Manufacturing		15	3	%
Wholesale trade		14	3	%
Educational services		11	2	%
Arts, entertainment, and recreation		5	1	%
Other		26	6	%
Total	$	446	100	%

* Of the total $446 million of direct lease financing, $411 million consisted of vehicle leases with the remaining balance consisting of equipment leases

** Includes public universities and school districts

Direct lease financing by state as of March 31, 2020

State	Principal balance		% Total
		(in millions)
Florida	$	116		26	%
New Jersey		27		6	%
New York		25		6	%
Pennsylvania		27		6	%
North Carolina		22		5	%
Maryland		21		5	%
California		21		5	%
Utah		20		4	%
Washington		16		4	%
South Carolina		14		3	%
Texas		14		3	%
Georgia		13		3	%
Alabama		12		3	%
Connecticut		9		2	%
Missouri		7		2	%
Other states		82		18	%
Total	$	446		100	%

Capital ratios:	Tier 1 capital			Tier 1 capital			Total capital			Common equity
	to average			to risk-weighted			to risk-weighted			tier 1 to risk
	assets ratio			assets ratio			assets ratio			weighted assets
As of March 31, 2020
The Bancorp, Inc.		8.90	%		16.99	%		17.50	%		16.99	%
The Bancorp Bank		8.76	%		16.70	%		17.22	%		16.70	%
"Well capitalized" institution (under FDIC regulations-Basel III)		5.00	%		8.00	%		10.00	%		6.50	%

As of December 31, 2019
The Bancorp, Inc.		9.63	%		19.04	%		19.45	%		19.04	%
The Bancorp Bank		9.46	%		18.71	%		19.11	%		18.71	%
"Well capitalized" institution (under FDIC regulations-Basel III)		5.00	%		8.00	%		10.00	%		6.50	%

	Three months ended		Year ended
	March 31,		December 31,
	2020	2019	2019
Selected operating ratios:
Return on average assets ⁽¹⁾	0.91%	1.65%	1.09%
Return on average equity ⁽¹⁾	10.28%	17.28%	11.57%
Net interest margin	3.34%	3.41%	3.32%
⁽¹⁾Annualized

NOTE: Excluding the net of tax impact of the $5.2 million of unrealized losses, return on assets for the quarter ended March 31, 2020 was 1.19% and return on equity was 13.35%.

Book value per share table:	March 31,			December 31,			September 30,			March 31,
	2020			2019			2019			2019
Book value per share	$	8.69		$	8.52		$	8.52		$	7.70

Loan quality table:		March 31,			December 31,			September 30,			March 31,
		2020			2019			2019			2019
Nonperforming loans to total loans		0.40	%		0.50	%		0.55	%		0.55	%
Nonperforming assets to total assets		0.14	%		0.16	%		0.19	%		0.18	%
Allowance for loan and lease losses to total loans		0.75	%		0.56	%		0.62	%		0.66	%

Nonaccrual loans	$	5,645		$	5,796		$	6,420		$	5,863
Loans 90 days past due still accruing interest		2,245			3,264			2,788			2,483
Other real estate owned		—			—			—			—
Total nonperforming assets	$	7,890		$	9,060		$	9,208		$	8,346

NOTE: Because SBLOC and IBLOC loans are respectively collateralized by marketable securities and the cash value of life insurance, management excludes those loans from the ratio of the allowance to total loans in its internal analysis. Accordingly, the adjusted ratio is 1.79%.

		Three months ended
		March 31,		December 31,		September 30,		March 31,
		2020		2019		2019		2019
		(in thousands)
Gross dollar volume (GDV) ⁽²⁾:
Prepaid and debit card GDV	$	22,982,188	$	19,104,327	$	17,264,890	$	16,937,325

(2) Gross dollar volume represents the total dollar amount spent on prepaid and debit cards issued by The Bancorp Bank.

Business line quarterly summary:
Quarter ended March 31, 2020
(dollars in millions)

				Balances
						% Growth
Major business lines	Average approximate rates *			Balances **		Year over year			Linked quarter annualized
Loans
Institutional banking ***		3.5	%	$	1,156		46	%		51	%
SBA		5.6	%		595		21	%		16	%
Leasing		6.3	%		446		16	%		11	%
Commercial real estate securitization		5.0	%		1,495		nm			nm
Weighted average yield		4.8	%	$	3,692								Non-interest income
														% Growth
Deposits													Current quarter	Year over year
Payment solutions (prepaid and debit card issuance)		0.5	%	$	3,152		24	%		nm		$	18.5	15	%
Card payment and ACH processing		0.9	%		792		-11	%		nm			1.8	nm

* Average rates are for the quarter ended March 31, 2020
** Loan categories are based on period end balance and deposits are based on average quarterly balances.
*** Comprised of Securities Backed Lines of Credit (SBLOC), collateralized by marketable securities and Insurance Backed Lines of Credit (IBLOC), collateralized by the cash surrender value of insurance policies.

Analysis of Walnut Street* marks:

	Loan activity			Marks
	(in millions)

Original Walnut Street loan balance, December 31, 2014	$	267
Marks through December 31, 2014 sale date		(58	)	$	(58	)
Sales price of Walnut Street		209
Equity investment from independent investor		(16	)
December 31, 2014 Bancorp book value		193
Additional marks 2015 - 2019		(46	)		(46	)
2020 Marks		—
Payments received		(113	)
March 31, 2020 Bancorp book value**	$	34

Total marks				$	(104	)
Divided by:
Original Walnut Street loan balance				$	267
Percentage of total mark to original balance					39	%

* Walnut Street is the investment in unconsolidated entity on the balance sheet which reflects the Bank's investment in a securitization of certain loans from the banks discontinued loan portfolio.

** Approximately 32% of expected principal recoveries were from loans and properties pending liquidation or other resolution as of March 31, 2020.

Walnut Street portfolio composition as of March 31, 2020

Collateral type	% of Portfolio
Commercial real estate non-owner occupied
Retail		58.2	%
Office		—
Other		5.2	%
Construction and land		25.2	%
Commercial non real estate and industrial		—
First mortgage residential owner occupied		9.7	%
First mortgage residential non-owner occupied		1.7	%
Total		100.0	%

Cumulative analysis of marks on discontinued commercial loan principal as of March 31, 2020

	Discontinued		Cumulative			% to original
	loan principal		marks			principal
	(dollars in millions)

Commercial loan discontinued principal before marks	$	72
Florida mall held in discontinued other real estate owned		42		(27	)
Previous mark charges		10		(10	)
Mark at March 31, 2020				(4	)
Total	$	124	$	(41	)		33	%

Analysis of discontinued commercial loan relationships as of March 31, 2020

	Performing loan principal		Nonperforming loan principal		Total loan principal		Performing loan marks			Nonperforming loan marks		Total marks
	(in millions)

5 loan relationships > $6 million	$	45	$	—	$	45	$	(3	)	$	—	$	(3	)
Loan relationships < $6 million		16		7		23		(1	)		—		(1	)
	$	61	$	7	$	68	$	(4	)	$	—	$	(4	)

Quarterly activity for commercial loan discontinued principal

	Commercial
	loan principal
		(in millions)

Commercial loan discontinued principal December 31, 2019 before marks	$	75
Quarterly paydowns and other reductions		(3	)
Commercial loan discontinued principal March 31, 2020 before marks	$	72
Marks March 31, 2020		(4	)
Net commercial loan exposure March 31, 2020	$	68
Residential mortgages		43
Net loans	$	111
Florida mall in other real estate owned		15
10 properties in other real estate owned		8
Total discontinued assets at March 31, 2020	$	134

Discontinued commercial loan composition as of March 31, 2020

Collateral type	Unpaid principal balance			Mark March 31, 2020			Mark as % of portfolio
	(in millions)
Commercial real estate - non-owner occupied:
Retail	$	4		$	(0.6	)		13	%
Office		3			—			—
Other		23			(0.3	)		1	%
Construction and land		11			—			—
Commercial non-real estate and industrial		2			—			—
1 to 4 family construction		11			(2.5	)		23	%
First mortgage residential non-owner occupied		9			(0.2	)		2	%
Commercial real estate owner occupied:
Retail		7			—			—
Office		—			—			—
Other		—			—			—
Residential junior mortgage		1			—			—
Other		1			—			—
Total	$	72			—
Less: mark		(4	)		—
Net commercial loan exposure March 31, 2020	$	68		$	(3.6	)		5	%

Loan payment deferral requests as of April 23, 2020

		Principal for loans with deferral requests		Total principal by loan category	% of total loan principal with deferral requests
				(in millions)
Commercial real estate loans held for sale (excluding SBA loans)	$	10	$	1,497	<1	%
Securities backed lines of credit & insurance backed lines of credit		10		1,156	1	%
Small business lending, substantially all SBA loans		127		586	22	%
Direct lease financing		80		446	18	%
Discontinued operations		18		115	15	%
Other consumer loans and specialty lending		1		7	17	%
Total	$	246	$	3,807	6	%

Exhibit 99.2

December 2019* *Guidance updated April 2020

Statements in this presentation regarding The Bancorp, Inc.’s business that are not historical facts are “forward - looking statements ”. These statements may be identified by the use of forward - looking terminology, including the words “may,” “believe,” “will,” “expect,” “anticipate,” “estimate,” “intend,” “plan," or similar words, and are based on current expectations about important economic, political, and technological factors, among others, and are subject to risks and uncertainties, which could cause the actual results, events or achievements to differ materially from those set forth in or implied by the forward - looking statements and related assumptions. These risks and uncertainties include those relating to the on - going COVID - 19 pandemic, the impact it will have on our business and the industry as a whole, and the resulting governmental and societal responses . For further discussion of these risks and uncertainties, see the “risk factors” sections contained in this presentation, in The Bancorp, Inc.’s Annual Report on Form 10 - K for the year ended December 31, 2019 and in its other public filings with the SEC. In addition, these forward - looking statements are based upon assumptions with respect to future strategies and decisions that are subject to change. Actual results may differ materially from the anticipated results discussed in these forward - looking statements. The forward - looking statements speak only as of the date of this presentation. The Bancorp, Inc. does not undertake to publicly revise or update forward - looking statements in this presentation to reflect events or circumstances that arise after the date of this presentation, except as may be required under applicable law. This presentation contains information regarding financial results that is calculated and presented on the basis of methodologies other than in accordance with accounting principles generally accepted in the United States (“GAAP”). This presentation may contain statistics and other data that in some cases has been obtained from or compiled from information made available by third - party service providers. The Bancorp, Inc. makes no representation or warranty, express or implied, with respect to the accuracy, reasonableness or completeness of such information. Past performance is not indicative nor a guarantee of future results. Copies of the documents filed by The Bancorp, Inc. with the SEC are available free of charge from the website of the SEC at www.sec.gov as well as on The Bancorp, Inc.’s website at www.thebancorp.com . This document is for information purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities. 2 DISCLOSURES FORWARD LOOKING STATEMENTS & OTHER DISCLOSURES

5 . 7 B $ IN ASSETS 100 MM PREPAID CARDS IN U.S. DISTRIBUTION 1 # PREPAID CARD ISSUING BANK 1 3 KEY PLAYER IN THE PAYMENTS & BANKING ECOSYSTEM 1 Per Neilsen Ratings and based on Gross Dollar Volume ACROSS OUR BUSINESS LINES, THE BANCORP PARTNERS WITH SOME OF THE WORLD’S MOST SUCCESSFUL COMPANIES >

4 Our mission is to deliver world - class banking and technology solutions that meet the unique banking needs of leading non - bank financial services companies. A UNIQUE BANKING PLATFORM DEPOSITS Market - leading payments businesses generate stable deposits that fund our lending business lines LOANS Highly specialized lending products in high growth markets — Historically low loss business lines SMALL BUSINESS LENDING SBA and other small business lending COMMERCIAL FLEET LEASING Niche - vehicle fleet leasing solutions INSTITUTIONAL BANKING Deposits, lending and payments services for wealth managers PAYMENTS ACCEPTANCE GROUP Merchant acquiring and ACH services COMMERCIAL LENDING A combination of Small Business Lending and Fleet Leasing to create opportunities and accelerate growth in the commercial lending space REAL ESTATE CAPITAL MARKETS Loans originated for sale into secondary markets PAYMENTS SOLUTIONS GROUP Issuing bank for leading prepaid card and debit programs WE HAVE BUILT A SPECIALIZED & UNIQUE BANKING PLATFORM

$13.0 $9.7 $13.1 $8.7 $19.6 $8.3 $17.9 $10.5 $24.2 $15.1 $28.5 $5.1 $0 $5 $10 $15 $20 $25 $30 $35 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q41 $65M Gain from sale of Safe Harbor IRA PRE - TAX INCOME ($MILLIONS) $ 82.9 2017 $0.39 EPS $1.55 EPS $ 0.90 EPS 12 % …ROE 1 . 1 % …ROA x Clear strategic vision x Strong growth from core business x Investments in technology/innovation x Consistent execution of business plan 5 ESTABLISHED EARNINGS MOMENTUM KEYS TO EARNINGS GROWTH & SUSTAINABILITY 2019 FULL YEAR RESULTS WE HAVE NOW RECORDED 12 STRAIGHT QUARTERS OF POSITIVE PRE - TAX INCOME 2018 2019 1 Q4 2019 pre-tax income excluding $7.5 million civil money penalty was $12.6 million

STRATEGIC BUSINESS PLAN

7 STRATEGIC PLAN: 2020 GUIDANCE 1.25 $ 2020 EPS TARGET $0.39 $1.55 $0.90 $1.25 $0.00 $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 2017 2018 2019 (YTD) 2020 EARNINGS PER SHARE 2020 EPS TARGET 2019 2018 2017 WE BELIEVE THE PREVIOUSLY ANNOUNCED $1.25 IS ATTAINABLE IN THE CURRENT ECONOMIC ENVIRONMENT WITH RESPECT TO COVID - 19. A CCORDINGLY, THE $1.25 NOW BECOMES OUR GUIDANCE OUR BUSINESS PLAN OUTLINES THE PATH TO BECOMING THE LEADING INSTITUTION AMONG BANKS & PAYMENTS

8 STRATEGIC PLAN: FINANCIAL GOALS KEYS TO ACHIEVING FINANCIAL TARGETS x Establish a new Payments Ecosystem 2.0 x Investments in technology/innovation x Maintain an industry leading compliance & risk function x Expand salesforce and marketing function in key markets x Attract & retain the best talent PERFORMANCE METRICS 2019 LONG - TERM TARGETS ROE 11.6% 20% ROA 1.1% > 2.0% EPS $ 0.90 Leverage Ratio 9.7% 9% – 10% Total Assets $ 5.7B ~$8.0B EXECUTION OF OUR STRATEGIC PLAN WILL DELIVER MARKET - LEADING RETURNS & CREATE SIGNIFICANT VALUE FOR SHAREHOLDERS

9 STRATEGIC PLAN: KEY ITEMS 1 BUILD PAYMENTS ECOSYSTEM 2.0 Invest heavily in our payments capabilities to further build our market leading offerings and expand our leadership within the payments ecosystem 2.0 CAPTURE MARKET SHARE USING INTEGRATED TECH PLATFORM, TALEA™ Leverage technology in the wealth management space to capture market share of SBLOC and IBLOC loans 2 3 STRATEGICALLY GROW COMMERCIAL LENDING Continue strong growth in the Small Business Lending portfolio and reengineer the Leasing operating platform 4 MAINTAIN SECURITIZATION PLATFORM & BRAND Continue to optimize our securitization platform to grow our brand and profitability WE HAVE INDENTIFIED KEY ITEMS OF FOCUS IN OUR STRATEGIC PLAN

10 STRATEGIC PLAN: PAYMENTS FRANCHISE OVERVIEW PAYMENT SOLUTIONS GROUP Issuing bank for leading prepaid card and debit programs BUSINESS OVERVIEW: ISSUANCE • Sponsorship of products and services across the payments space • Sponsorship of private label banking (e.g., checking account with a debit card) PAYMENT ACCEPTANCE GROUP Rapid Funds, merchant acquiring and ACH services BUSINESS OVERVIEW: ACCEPTANCE • Rapid Funds payment technologies • ACH sponsorship of large - scale payment processors • VISA/MasterCard sponsorship of large credit card acquiring ISOs 2 and their merchants GROSS DOLLAR VOLUME GROWTH 3 1 Per Neilsen Ratings and based on Gross Dollar Volume 2 Independent Sales Organization 3 Gross Dollar Volume Growth for 2019 vs 2018 1 # 34 % OUR PAYMENTS CAPABILITY IS COMPRISED OF THE PAYMENT SOLUTIONS GROUP (ISSUANCE) & PAYMENT ACCEPTANCE GROUP (ACCEPTANCE) PREPAID CARD ISSUING BANK 1

11 STRATEGIC PLAN: PAYMENTS LANDSCAPE WE ARE POSITIONING OURSELVES TO CAPITALIZE ON DISRUPTIVE OPPORTUNITIES IN A TRANSFORMING MARKET COMMERCIAL ENTITIES CONSUMERS GIG ECONOMY Wages Earned P2P Gov’t Disbursements Tax Refunds Payments Acquired Bill Payments Achieved PAYMENTS IN PURCHASES Checks Cards Cash BILL PAYMENTS Checks ACH P2P CORPORATE DIBURSEMENTS Checks ACH Wires PAYMENTS OUT

12 STRATEGIC PLAN: PAYMENTS ECOSYSTEM 2.0 THE WORLD IS CHANGING , and we have responded to create an environment to benefit our partners EVOLUTION IN CUSTOMER DEMAND HAS CREATED AN INFLECTION POINT THAT IS DISRUPTING THE STATUS QUO — NEW WINNERS ARE EMERGING

Compelling innovation by our partners… …expedient adaptation and support by The Bancorp… …so our partners can go to market first... = …creating COMPETITIVE ADVANTAGE for themselves & INNOVATORS in the marketplace. 13 STRATEGIC PLAN: PAYMENTS ECOSYSTEM 2.0 THIS ENVIRONMENT IS OUR PAYMENTS ECOSYSTEM THAT ENABLES:

OPTIMIZED SCALABLE PRODUCT SETS Offer products that assist with disruption in the payments market SALESFORCE Expanded and enhanced salesforce to create a better client engagement model INTEGRATED OPERATION & TECHNOLOGY PLATFORMS Integrated operating platform that supports the delivery of payments solutions BEST IN CLASS CONSUMER COMPLIANCE Provide a comprehensive compliance platform tailored to customer’s unique products and services REGULATORY EXPERTISE Leverage our fintech regulatory expertise to aid in client innovation THE BANCORP COMMUNITY Provide partners access to exclusive industry leading tools, expertise and innovative solutions 14 STRATEGIC PLAN: PAYMENTS ECOSYSTEM 2.0 THE OBJECTIVE IS TO DEVELOP A UNIFIED, SCALABLE PAYMENTS PLATFORM THAT IS WELL - INTEGRATED & POSITIONED TO OFFER MARKET - LEADING PRODUCTS & SERVICES

15 STRATEGIC PLAN: PAYMENTS ECOSYSTEM 2.0 ($BILLIONS) $0 $2 $4 $6 $8 $10 $12 $14 $16 $18 $20 Q1 Q2 Q3 Q4 2017 2018 2019 1 Per Neilsen Ratings and measured by Gross Dollar Volume CHALLENGER BANKS GOVERNMENT HEALTHCARE CORPORATE SERVICES GIFT GROSS DOLLAR VOLUME GROWTH IS ACCELERATING WITHIN OUR PREPAID & DEBIT OFFERINGS PAYMENT SOLUTIONS GROUP Issuing bank for leading prepaid and debit accounts BUSINESS OVERVIEW : • Unique non - branch platform which leverages technology and strategic partners • #1 issuing bank for prepaid cards 1 • Leading position to provide tailored banking solutions to fin - tech firms, including challenger banks and other financial services companies GROSS DOLLAR VOLUME 2019 GROSS DOLLAR VOLUME GROWTH 34 % GROSS DOLLAR VOLUME GROWTH USE CASES

16 STRATEGIC PLAN: PAYMENTS ECOSYSTEM 2.0 WE’RE EXPANDING ON OUR EARLY SUCCESS & adding new partners across various use cases 1 Volume shown represents transactions through payment companies which aggregate clients. 2 “Direct” will be comprised of corporations with which The Bancorp contracts directly LAUNCHED IN LATE 2017, RAPID FUNDS HAS GATHERED STRONG MOMENTUM 0 10 20 30 40 50 60 JAN. 2018 JAN. 2019 DEC. 2019 TRANSACTIONS (MILLIONS) RAPID FUNDS TRANSACTION VOLUME 1 Rapid Funds Faster payment technologies BUSINESS OVERVIEW : • Pioneering real - time payments offering has recognized consistent and significant growth – 2018 VISA Innovation Adoption Award winner – Non - interest income and deposit generation • “Direct 2 ” Rapid Funds model delivers a highly scalable, low cost offering that disrupts legacy payment methods for corporate disbursements USE CASES EARNED WAGE ACCESS GIG - ECONOMY INSURANCE CLAIM PAYOUTS

BUSINESS OVERVIEW : • Automated loan platform, Talea , provides industry leading speed and delivery • Securities - backed lines of credit provide fast and flexible liquidity for investment portfolios • Insurance - backed lines of credit provide fast and flexible borrowing against the cash value of life insurance • Deposit accounts for wealth management clients 17 STRATEGIC PLAN: INSTITUTIONAL BANKING INSTITUTIONAL BANKING Deposits, lending and payments services for wealth managers HIGHLIGHTS : • Loan growth of 30% year over year for 2019 with significant additional market opportunity • Launched Talea loan automation platform and implemented with key partners • Market dynamics support business model – Advisors shifting from large broker/dealers to independent platforms – Sector shift to fee - based accounts – Emergence of new wealth management providers The Bancorp’s Business Model allows us to build banking solutions to “spec” without competing directly with our partner firms. We do not have any associated asset managers, proprietary advisory programs, or RIA programs. Our singular focus is to help our partner firms stay competitive in the marketplace and to grow and retain assets. ALWAYS A PARTNER, NEVER A COMPETITOR DELIVERING PRIVATE - LABEL LENDING & BANKING SERVICES TO WEALTH MANAGEMENT PROVIDERS NATIONWIDE 2019 PERFORMANCE 30 % LOAN GROWTH

BUSINESS OVERVIEW : • Established a distinct platform within the fragmented SBA market – National portfolio lender approach allows pricing and client flexibility – Solid credit performance demonstrated over time – Client segment strategy tailored by market 18 STRATEGIC PLAN: COMMERCIAL LENDING - SMALL BUSINESS LENDING 740K AVERAGE 7(a) LOAN SIZE 1 $ SMALL BUSINESS LENDING SBA and other small business lending HIGHLIGHTS : • Loan growth of 22% year over year for 2019 driven by increased origination productivity • Developed the SBAlliance program to provide lending support to banks and financial institutions who need SBA lending capabilities through products such as: – Wholesale loan purchases – Interim bridge financing for small business owners 1 7(a) loans are 75% guaranteed by an agency of the U.S. government and comprise a significant portion of the Company’s small b us iness lending portfolio OUR NATIONAL SMALL BUSINESS LENDING PLATFORM IS POSITIONED FOR EFFICIENT & CONTINUED GROWTH 2019 PERFORMANCE 22 % LOAN GROWTH

19 STRATEGIC PLAN: COMMERCIAL LENDING - COMMERCIAL FLEET LEASING BUSINESS OVERVIEW : • Niche provider of vehicle leasing solutions – Focus on smaller fleets (less that 150 vehicles) – Direct lessor (Bancorp sources opportunities directly and provides value - add services) – Historical acquisitions of small leasing companies have been a key driver of growth • Mix of commercial (~80%) and government - related business (~20%) COMMERCIAL FLEET LEASING Niche - vehicle fleet leasing solutions HIGHLIGHTS : • Reengineering the operating platform to enable sustained and efficient growth – Enhancing sales process and support functions – Pursuing technology enhancements to scale business with efficiency • Constantly evaluating organic and inorganic growth opportunities in the vehicle and equipment space • Expansion into select niche equipment finance and lease sectors INVESTMENTS IN OUR LEASING PLATFORM WILL ENABLE SUSTAINED GROWTH 2019 PERFORMANCE 10 % LOAN GROWTH 6 . 4 % PORTFOLIO YIELD FOR 2019

20 STRATEGIC PLAN: REAL ESTATE CAPITAL MARKETS REAL ESTATE CAPITAL MARKETS 1 Loans originated for sale into secondary markets BUSINESS OVERVIEW : • Origination focused primarily on multi - family, lodging, industrial, office and retail in primary and secondary markets • Focus on floating rate commercial loans to be sold in private securitizations or bulk loan sales – Target 2 - 3 securitizations or bulk loan sales per year • Strong credit culture and capital markets experience KEY FINANCIALS ($MILLIONS) 2017 & 2018 AVG. 2019 AVG . 2017/2018 AVG. VS. 2019 AVG. ($) CHANGE 2017/2018 AVG. VS. 2019 AVG. (%) GROWTH Securitization Size $306 ~ $648 $342 111% Gain from Securitization $10 ~ $12 $2 20% Avg . Loan Balance $284 $566 $282 99% 2019 PERFORMANCE 2 SECURITIZATIONS IN 2019 MULTI - FAMILY LODGING INDUSTRIAL OFFICE RETAIL ASSET CLASSES OUR REAL ESTATE CAPITAL MARKETS BUSINESS HAS INCREASED ORIGINATION VOLUME, EXECUTING $750M - $1B SECURITIZATIONS 1 Please see our earnings release for March 31, 2020 for more information related to this line of business

21 THE BANCORP COMMUNITY WE ARE BULDING A COMMUNITY TOGETHER TO UNLOCK THE POWER OF OUR ORGANIZATION COLLEAGUES CLIENTS INVESTORS REGULATORS PARTNERS VENDORS BOARD OF DIRECTORS

The risk factors discussed and identified in our Annual Report on Form 10 - K for the year ended December 31, 2019, and in other of our public filings with the SEC include but are not limited to the following: • changing economic and credit market conditions may have significant adverse effects on our assets and operating results, including increases in payment defaults and other credit risks, decreases in the fair value of some assets and increases in our provision for loan losses, and may result in a reduction in our capital base, reducing our ability to maintain deposits at current levels, and a reduction in our income and cash flows; • operating costs may increase; • adverse governmental or regulatory policies or actions may be promulgated; • management and other key personnel may be lost; • competition may increase; • the costs of our interest - bearing liabilities, principally deposits, may increase relative to the interest received on our interest bearing assets, principally loans, thereby decreasing our net interest income; • loan and investment yields may decrease resulting in a lower net interest margin; • possible geographic concentration could result in our loan portfolio being adversely affected by economic factors unique to the geographic area and not reflected in other regions of the country; • the market value of real estate that secures certain of our loans, principally loans we originate for sale into secondary markets, Small Business Administration loans under the 504 Fixed Asset Financing Program and our discontinued commercial loan portfolio, has been, and may continue to be, adversely affected by recent economic and market conditions, and may be affected by other conditions outside of our control such as lack of demand for real estate of the type securing our loans, natural disasters, changes in neighborhood values, competitive overbuilding, weather, casualty losses, occupancy rates and other similar factors; • we must satisfy our regulators with respect to Bank Secrecy Act, Anti - Money Laundering and other regulatory mandates to prevent additional penalties, including restrictions on adding customers; • the loans from our discontinued operations are now held for sale and were marked to fair value based on various internal and external inputs; however, the actual sales price could differ from those third - party fair values. The reinvestment rate for the proceeds of those sales in investment securities depends on future market interest rates; and • we may not be able to sustain our historical growth rate in our loan, prepaid card and other lines of business. 22 RISK FACTORS THE FOLLOWING RISK FACTORS , AMONG OTHERS, COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE ANTICIPATED RESULTS OR OTHER EXPECTATIONS EXPRESSED IN THIS PRESENTATION

Delaware		23-3016517
(State or other jurisdiction of		(IRS Employer
incorporation)		Identification No.)

Date: April 30, 2020	The Bancorp, Inc.

	By:	/s/ Paul Frenkiel
	Name:	Paul Frenkiel
	Title:	Chief Financial and Secretary

(d)	Exhibits

	99.1	Press Release
	99.2	Investor Presentation