TBBK 8-K
Bancorp, Inc. (TBBK)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
Current Report
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Item 7.01. Regulation FD Disclosure
On August 3, 2026, The Bancorp, Inc. (the “Company”) issued a press release announcing that Kroll Bond Rating Agency, LLC affirmed certain long- and short-term credit ratings of the Company and its wholly owned subsidiary, The Bancorp Bank, N.A. A copy of this press release is furnished with this report as Exhibit 99.1.
The information included in this Current Report, including the exhibit hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as otherwise stated in such filing.
Item 9.01. Financial Statements and Exhibits.
| (d) Exhibits | ||
| 99.1 | Press Release | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: August 3, 2026 | THE BANCORP, INC. | |
| By: | /s/ Dominic C. Canuso | |
| Name: | Dominic C. Canuso | |
| Title: | EVP, Chief Financial Officer | |
Exhibit 99.1
The Bancorp, Inc. and The Bancorp Bank, N.A. Receive Affirmed Ratings from KBRA
WILMINGTON, Delaware, August 3, 2026 — The Bancorp, Inc. (NASDAQ: TBBK) today announced that Kroll Bond Rating Agency, LLC (“KBRA”) has affirmed all long- and short-term credit ratings for both The Bancorp, Inc. (the “Company”) and its wholly owned subsidiary, The Bancorp Bank, N.A. (the “Bank”) (collectively, “The Bancorp”).
For the Company, KBRA affirmed a BBB+ rating for senior unsecured debt, a BBB rating for subordinated debt, and a K2 rating for short-term debt. In addition, KBRA affirmed the Bank’s A- ratings for deposit and senior unsecured debt, BBB+ rating for subordinated debt, and K2 ratings for short-term deposit and debt. The outlook for long-term ratings is Stable.
Highlights from KBRA’s rating announcement include:
- Industry leadership: KBRA cited The Bancorp’s long-standing position as a leader in the banking-as-a-service industry, particularly in the prepaid and debit card space, where the Bank is the largest issuer by transaction volume.
- Revenue and earnings performance: KBRA noted The Bancorp’s non-interest income increased 16% year over year during the first half of 2026, excluding fintech loan credit enhancement. Fee income represented approximately 1.9% of average assets in the first half of 2026 and return on average assets has remained at or above 2.5% since 2023.
- Funding and partnerships: KBRA highlighted The Bancorp’s total cost of funds of 1.86% for the first half of 2026. KBRA also noted the Bank’s granular and durable deposit base and effective management of partnerships with mature companies under long-term contracts, with partnerships generally spread across multiple business lines.
“We are pleased with KBRA’s affirmation of our ratings, which reflects our continued strong financial performance and strategic positioning,” said Dominic C. Canuso, Chief Financial Officer of The Bancorp. “This recognition reinforces the strength of our business model and the disciplined progress we continue to make in executing our APEX 2030 strategy.”
The full KBRA rating report and press release are available here. KBRA’s ratings and analysis represent the agency’s independent opinions and should not be considered statements of fact or investment recommendations by KBRA or The Bancorp.
About The Bancorp
The Bancorp, Inc. (NASDAQ: TBBK), through its subsidiary, The Bancorp Bank, N.A., is defining the future of banking. As one of the first banks to embrace fintech, The Bancorp has been a driving force behind the industry’s evolution, serving as an essential financial enabler of fintech innovation for more than 25 years. Led by its Fintech Solutions business, the company delivers a dynamic portfolio of payment and lending solutions that empowers its clients to turn bold ideas into real-world success.
Ranked by the Nilson Report as the No. 1 issuer of prepaid cards in the U.S. and among the top 10 debit card issuers nationally, The Bancorp also holds leading positions in its Institutional Banking, Small Business Lending, Fleet Management Services, and Real Estate Bridge Lending businesses. Across every line of business, The Bancorp fosters prosperity through the perpetual transformation of banking and aims to drive growth for its clients, investors, employees, and the communities it serves.
For more information, visit thebancorp.com.
Forward-Looking Statements
Statements in this press release that are not historical facts are “forward-looking statements” within the meaning of Section
21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements
provide management’s current expectations of future events based on certain assumptions and include any statement that does not
directly relate to any historical or current fact. Sentences containing words such as “believe,” “intend,” “plan,”
“may,” “expect,” “should,” “could,” “anticipate,” “estimate,”
“predict,” “project,” or their negatives, or other similar expressions of a future or forward-looking nature generally
should be considered forward-looking statements. While the Company considers these expectations and assumptions to be reasonable, they
are inherently subject to significant business, economic, competitive, regulatory, and other risks and uncertainties, most of which are
difficult to predict and many of which are beyond the Company’s control. The Company undertakes no obligation to review or update
any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.
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Media Relations
Rachel Brick
Director of Strategic Communications
(302) 385-5410
[email protected]
Investor Relations
Andres Viroslav, Director of Investor Relations
The Bancorp
(215) 861-7990
[email protected]
Source: The Bancorp, Inc.