The Bancorp Reports 4Q 2025 EPS of $1.28, ROA of 2.53% and ROE of 30.4% Driven by NIM of 4.30%, Continued Fintech Fee Growth, and $150 Million in Share Repurchases in the Quarter

The Bancorp Reports 4Q 2025 EPS of $1.28, ROA of 2.53% and ROE of 30.4% Driven by NIM of 4.30%, Continued Fintech Fee Growth, and $150 Million in Share Repurchases in the Quarter January 29, 2026 Fourth Quarter 2025 Highlights Earnings per diluted share (“EPS”) of $1.28 compared to $1.15 for 4Q 2024, an increase of 11%. Return on assets of 2.53% compared to 2.60% for 4Q 2024. Return on equity of 30.43% compared to 27.71% for 4Q 2024. Net income of $56.3 million compared to net income of $55.9 million for 4Q 2024. Net interest income of $92.1 million compared to $94.3 million for 4Q 2024. Net interest margin of 4.30% compared to 4.55% for 4Q 2024. Ending Loans, net of deferred fees and costs of $7.12 billion, compared to $6.11 billion at 4Q 2024, or 16% increase, and $6.67 billion at 3Q 2025, or 7% increase (not annualized). Ending Consumer fintech loans of $1.10 billion, or 15.1% of total loans, compared to $454.4 million at 4Q 2024, or 142% increase, and $785.0 million at 3Q 2025, or 40% increase (not annualized). Average deposits of $7.60 billion increased $41.0 million, or 1% from $7.55 billion in 4Q 2024. The average interest rate was 1.77% compared to 2.25% for 4Q 2024. Gross dollar volume (“GDV”), representing the total amounts spent on prepaid, debit and credit cards totaled $45.87 billion, an increase of $6.22 billion, or 16%, compared to 4Q 2024. Fees on consumer fintech loans increased 48% to $4.5 million for 4Q 2025 compared to $3.0 million for 4Q 2024 and $4.5 million in 3Q 2025.  Total prepaid, debit card, ACH, and other payment fees of $31.5 million, or 8% increase, compared to $29.2 million in 4Q 2024. Non-interest income totaled $80.5 million, or 46.7% of total revenue and $40.1 million, or 30.4% when excluding credit enhancement income. This compares to 40.9% of total revenue in 4Q 2024, or 26.9% when excluding credit enhancement income. Ending Real estate bridge loans (“REBLs”) characterized as criticized assets decreased to $83.5 million from $185.3 million at 3Q 2025, or 55% decrease. Share repurchases of $150.0 million, for 2,173,518 shares, or 5% of issued and outstanding shares, at an average cost of $69.01. The Bancorp, Inc. (NASDAQ: TBBK), a financial holding company, today reported its financial results for the fourth quarter of 2025. For fourth quarter 2025, the Company reported net income of $56.3 million, or $1.28 per diluted share. “We are pleased with the significant progress made this year in strengthening our platform and deepening and expanding new and existing relationships. While we ended the year with record fourth quarter EPS and ROE, we did fall short of our expectations and guidance due to a culmination of factors, including the prolonged government shutdown’s impact on transaction volume and deposit flows, the strong ramp-up in sponsored credit materializing later than expected, some unanticipated NIM compression, and an unexpected legal settlement cost,” said Damian Kozlowski, CEO and President of The Bancorp. “2025 demonstrated significant progress on our path to substantial growth in new revenue streams and enhanced profitability driven by our best-in-class Fintech ecosystem. We are initiating guidance at $5.90 EPS for 2026 and targeting at least $1.75 a share in the fourth quarter 2026. We maintain a preliminary outlook for 2027 of $8.25. Guidance for 2026 includes share repurchases under the existing repurchase program of $200 million or $50 million per quarter, and we forecast returning near 100% of earnings through share repurchases in 2027. Our three major Fintech initiatives of platform efficiency, productivity gains from platform restructuring and AI tools, plus a high-level of capital return, will be the driving forces behind continued EPS accretion. EPS gains are subject to development and implementation timelines in Fintech, and our stock price for buybacks.” (Dollars in thousands except EPS and except where noted. Unaudited) 4Q 2025 3Q 2025 4Q 2024 Key Performance Metrics: Return on assets(1) 2.53% 2.50% 2.60% Return on equity 30.4% 26.6% 27.7% Efficiency ratio(2) 42.5% 41.8% 40.2% Net interest margin 4.30% 4.45% 4.55% Non-interest income as a percentage of total revenue 46.7% 46.1% 40.9% Non-interest income as a percentage of total revenue (excluding credit enhancement income)(2) 30.4% 30.1% 26.9% Fintech fees as a percentage of total revenue 20.8% 20.1% 20.2% Fintech fees as a percentage of total revenue (excluding credit enhancement income)(2) 27.2% 26.0% 25.0% Book value per share (as of period end) $ 16.29 $ 17.48 $ 16.69 Results of Operations: Net income $ 56,292 $ 54,927 $ 55,908 Net income per share - diluted $ 1.28 $ 1.18 $ 1.15 Weighted average shares - diluted 44,078,506 46,518,125 48,639,936 Net interest income $ 92,079 $ 94,197 $ 94,296 Provision for credit losses on non-consumer fintech loans $ 858 $ 5,755 $ 2,003 Non-interest income - total fintech fees $ 35,973 $ 35,083 $ 32,254 Total non-interest expense $ 56,193 $ 56,404 $ 51,812 Income tax expense $ 18,703 $ 18,228 $ 20,480 Volume: Average loan portfolio (dollars in millions) $ 6,847 $ 6,689 $ 6,199 Average assets (dollars in millions) $ 8,838 $ 8,720 $ 8,550 Average deposits (dollars in millions) $ 7,596 $ 7,625 $ 7,555 Prepaid and debit card gross dollar volume (GDV)(3) $ 45,874,708 $ 44,037,511 $ 39,656,909 (1) Annualized. (2) See calculation of Non-GAAP financial measures. (3) Gross dollar volume represents the total dollar amount spent on prepaid, debit and credit cards issued by The Bancorp Bank, N.A. Earnings Release Conference Call Management will conduct a conference call to review fourth quarter 2025 results at 8:00 AM ET Friday, January 30, 2026. Interested parties may access the conference call live by clicking on the webcast link on The Bancorp’s homepage at www.thebancorp.com or you may dial 1.800.549.8228, conference ID 65852. For those who cannot access the live conference call, a replay of the webcast will be accessible shortly after the event concludes through our Investor Relations website, or you may access the replay telephonically until Friday, February 6, 2026, by dialing 1.888.660.6264, playback code 65852#. Financial Results: Loan Portfolio The following table summarizes our total loan portfolio at December 31, 2025 compared to prior periods: (Dollars in thousands, unaudited) December 31, September 30, December 31, 2025 2025 2024 Mix Mix Mix Loans, at amortized cost: Real estate bridge loans $ 2,188,952 30.2% $ 2,131,689 31.3% $ 2,109,041 33.2% SBLOC / IBLOC 1,669,985 23.0% 1,609,047 23.6% 1,564,018 24.7% Small business loans 1,013,596 14.0% 987,071 14.5% 887,098 14.0% Consumer fintech 1,097,998 15.1% 785,045 11.5% 454,357 7.2% Direct lease financing 685,422 9.4% 693,322 10.2% 700,553 11.1% Advisor financing 294,236 4.1% 285,531 4.2% 273,896 4.3% Other loans 150,718 2.1% 164,487 2.4% 111,328 1.8% 7,100,907 97.9% 6,656,192 97.7% 6,100,291 96.3% Unamortized loan fees and costs 15,769 0.2% 16,445 0.2% 13,337 0.2% Loans, net of deferred fees and costs $ 7,116,676 98.1% $ 6,672,637 97.9% $ 6,113,628 96.5% Loans, at fair value: SBLs, at fair value $ 68,374 0.9% $ 71,829 1.1% $ 89,902 1.4% Real estate bridge loans (non-SBA), at fair value 71,015 1.0% 70,829 1.0% 133,213 2.1% Total commercial loans, at fair value $ 139,389 1.9% $ 142,658 2.1% $ 223,115 3.5% Total loan portfolio $ 7,256,065 100.0% $ 6,815,295 100.0% $ 6,336,743 100.0% At December 31, 2025, Loans, net of deferred fees and costs were $7.12 billion, a 27% increase (annualized) from $6.67 billion at September 30, 2025, and a 16% increase compared to $6.11 billion at December 31, 2024. The $1.00 billion increase from December 2024 is primarily driven by growth in fintech loans of $643.6 million, $126.5 million increase in Small business lending (“SBL”) loans and $106.0 million increase in Securities-backed lines of credit (“SBLOC”) and Insurance policy cash value-backed lines of credit (“IBLOC”). Consumer fintech loans of $1.1 billion include $729 million from secured credit card accounts and $369 million from short-term liquidity products, and now account for 15.1% of the total loan portfolio. Secured credit card accounts are backed dollar for dollar by cash collateral by each individual cardholder and are required to be repaid in-full monthly. Short-term liquidity products to individual borrowers range in maturity from 30 days to 365 days. All fintech loans are covered by credit enhancements, where our partners provide financial protection against consumer losses. We maintain cash collateral balances equivalent to the expected losses on dollars already lent, as well as having the right to offset other revenues generated through those relationships. Deposits & Liquidity Average deposits were $7.60 billion, a 2% decrease (annualized) from $7.63 billion at September 30, 2025, and a 1% increase compared to $7.55 billion at December 31, 2024. The increase from prior year is primarily driven by increases in deposits sourced from our fintech relationships. 95% of our total deposits are generated through our Fintech partnerships, and are low balance, insured deposits, and accordingly do not constitute the liquidity risk experienced by certain institutions. As of December 31, 2025, 94% of the deposits are insured, 3% are low balance accounts (such as anonymous gift cards and corporate incentive cards for which there is no identified depositor), and 3% are other uninsured deposits. The average interest rate on deposits for 4Q 2025 was 1.77%, compared to 2.25% for 4Q 2024. We maintain secured borrowing lines of credit with the Federal Reserve Bank and Federal Home Loan Bank that are collateralized by pledged loans and investments. As of December 31, 2025, we had $199.0 million of short-term borrowings under these facilities, and $3.19 billion of additional available capacity which we can access as needed. Net Interest Income and Net Interest Margin Net interest income decreased to $92.1 million for 4Q 2025, compared to $94.2 million for 3Q 2025 and $94.3 million for 4Q 2024. Net interest margin was 4.30% for 4Q 2025, compared to 4.45% for 3Q September 30, 2025 and 4.55% for 4Q 2024. Net interest income and margin for 4Q 2025 each show a slight decline from prior periods, due to a full quarter of higher debt cost from our 3Q 2025 senior debt issuance, a shift in loan portfolio to more fintech loans that earn fee income but have zero margin, combined with our strategies for investment securities. Credit Quality Total Provision, including provision for investment securities and provision for fintech loans which are supported by credit enhancements, was $41.4 million in 4Q 2025, a decrease compared to $45.1 million in 3Q 2025, and an increase from $31.4 million in 4Q 2024. Provision for non-consumer fintech loans was $0.9 million in 4Q 2025, a decrease compared to $5.7 million in 3Q 2025 which was elevated primarily due to realized losses on a set of truck leases. For 4Q 2024, provision for non-consumer fintech loans was $2.0 million. The allowance for credit losses was $66.2 million at December 31, 2025, consisting of $31.1 million related to consumer fintech loans, or 2.84% coverage, and $35.1 million for non-fintech loans, or 0.58% coverage. That compares to the allowance as of December 31, 2024 of $44.9 million, consisting of $12.9 million related to consumer fintech loans, or 2.84% coverage, and $31.9 million allowance for non-fintech loans, or 0.56% coverage. Allowance as of September 30, 2025 was $64.2 million, consisting of $29.3 million for fintech, or 3.73% coverage, and $34.8 million for non-fintech, or 0.52% coverage. Total net charge-offs for 4Q 2025, including fintech loans which are supported by credit enhancements, were $39.2 million, a decrease from $40.8 million for 3Q 2025 and an increase from $18.8 million for 4Q 2024, resulting in ratios of Total net charge-offs to average loans of 2.29%, 2.44% and 1.21% for the respective periods (annualized). Net charge-offs for non-fintech loans were $0.6 million for 4Q 2025, a decrease compared to $3.3 million for 3Q 2025 and $1.1 million for 4Q 2024, resulting in ratios of non-fintech net charge-offs to average loans of 0.04%, 0.22% and 0.07% for the respective periods (annualized). Ending total criticized assets of $194.5 million at 4Q 2025, compared to $268.7 million at the end of 3Q 2025 and $286.9 million at year end 2024. The change in total criticized assets in 4Q 2025 was primarily driven by a $101.8 million decrease in Real estate bridge loans characterized as criticized assets, partially offset by a $26.1 million increase in SBL criticized assets. Non-Interest Income Non-interest income for 4Q 2025 was $80.5 million, which is comprised of $40.4 million of credit enhancement income and $40.1 million of other non-interest income. This compares to 3Q 2025 with $80.4 million non-interest income, comprised of $39.8 million of credit enhancement income and $40.6 million of other non-interest income. Non-interest income for 4Q 2024 was $65.3 million, comprised of $30.7 million of credit enhancement income and $34.6 million of other non-interest income. Non-interest income for 3Q 2025 includes $2.3 million from the release of earnest money deposit related to an OREO sale agreement The growth in non-interest income versus 4Q 2024 is primarily driven by the $3.7 million increase in total fintech fees, as fintech fees grew to 27% of our total revenues excluding credit enhancement income*. This growth reflects organic volume growth with existing partners and products, and our focus on expanding our fintech business. Non-Interest Expense Total non-interest expense increased $4.4 million, or 8%, from 4Q 2024 and was relatively consistent with 3Q 2025. The increase from 4Q 2024 is primarily driven by $2.0 million of legal costs related to a settlement in 4Q 2025, and $1.1 million of higher software costs. Compared to 3Q 2025, the higher costs due to the $2.0 million legal settlement is offset by $2.9 million lower salary and employee benefits due to adjustments to incentive accruals. The amount of legal settlement recognized is the gross expense amount and excludes any potential insurance recovery that may occur in the future related to the settlement and previously incurred legal costs. Efficiency ratio* was 42.5% for 4Q 2025, compared to 41.8% for 3Q 2025 and 40.2% for 4Q 2024. Income Taxes Income tax expense was $18.7 million for 4Q 2025, $18.2 million for 3Q 2025, and $20.5 million for 4Q 2024. Our effective income tax rate was 24.9% for the 4Q 2025 and 3Q 2025, and 26.8% for 4Q 2024. * See Non-GAAP Measures. Capital As of December 31, 2025, The Bancorp Bank, N.A (“the Bank”)’s capital levels continue to be strong and in excess of the “well capitalized” regulatory benchmarks, with Tier 1 Capital to average assets (Leverage), Tier 1 Capital to Risk-Weighted Assets, Total Capital to Risk-Weighted Assets and Common Equity Tier 1 to Risk-Weighted Assets ratios for the Bank of 9.70%, 14.03%, 15.13% and 14.03%, respectively, and for the Company of 7.64%, 11.08%, 12.19% and 11.08%, respectively. Book value per common share at December 31, 2025 was $16.29, compared to $17.48 at September 30, 2025 (a 27% decrease, annualized). Total shareholders’ equity decreased by $88.4 million, driven primarily by $150.0 million of share repurchases partially offset by $56.3 million of net income for the period. Outstanding shares decreased 2.2 million to 42,355,361 driven primarily by share repurchases. Book value per common share at December 31, 2025 was $16.29, compared to $16.69 at December 31, 2024 (a 2% decrease). Total shareholders’ equity decreased by $100.0 million since December 31, 2024, primarily driven by $378.3 million decrease in capital from share repurchases, partially offset by $228.2 million net income and $19.6 million of share-based compensation and $28.5 million of other comprehensive income from mark to market gains on available-for-sale investment securities. Outstanding shares decreased 5.0 million to 42,355,361, driven primarily by our share repurchases over the past year. We repurchased 2,173,518 shares of our common stock, or 5% of issued and outstanding shares, at an average cost of $69.01 per share for a total capital return of $150.0 million during 4Q 2025. These repurchases bring our repurchases year-to-date in 2025 to 5,645,914 shares, or 12%, at an average price of $66.42, bringing the full year capital return to $375.0 million. The Company’s Board of Directors has authorized up to $200 million of repurchases for 2026. 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 https://thebancorp.com/. Forward-Looking Statements Statements in this earnings release regarding The Bancorp’s business that 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 “intend,” “may,” “believe,” “will,” “expect,” “look,” “anticipate,” “plan,” “estimate,” “continue,” or similar words. Forward-looking statements include, but are not limited to, statements regarding our anticipated 2026, 2027 and 2028 results, including earnings per share accretion, future growth, profitability, productivity and efficiency, the expansion, expected timelines and implementation of our Fintech initiatives and revenue streams, the possible benefits of our platform restructuring and adoption of AI tools, and share repurchases. Such forward-looking statements relate to our current assumptions, projections and expectations about our business and future events, including current expectations about important economic and political factors, among other factors, 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. Factors that could cause results to differ from those expressed in the forward-looking statements also include, but are not limited to the risks and uncertainties referenced or described in The Bancorp’s filings with the Securities and Exchange Commission, including the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s Annual Report on Form 10-K, as amended, for the fiscal year ended December 31, 2024 and other documents that the Company files from time to time with the Securities and Exchange Commission. The forward-looking statements speak only as of the date of this press release. The Bancorp does not undertake any duty to publicly revise or update forward-looking statements in this press release to reflect events or circumstances that arise after the date of this press release, except as may be required under applicable law. THE BANCORP, INC. SUPPLEMENTAL FINANCIAL INFORMATION (Unaudited) CONDENSED CONSOLIDATED INCOME STATEMENTS (Dollars in thousands, except share and per share data) Three months ended Year ended December 31, December 31, 2025 2024 2025 2024 Net interest income $ 92,079 $ 94,296 $ 375,511 $ 376,241 Provision for credit losses on non-consumer fintech loans 858 2,003 8,981 9,319 Provision for credit losses on consumer fintech loans 40,403 30,651 169,294 30,651 Provision (reversal) for unfunded commitments 162 (256) (582) (596) Provision reversal for credit loss on security — (1,000) — (1,000) Provision for credit loss, total 41,423 31,398 177,693 38,374 Non-interest income Fintech fees ACH, card and other payment processing fees 5,250 4,740 21,021 14,596 Prepaid, debit card and related fees 26,206 24,465 103,546 97,413 Consumer credit fintech fees 4,517 3,049 16,580 4,789 Total fintech fees 35,973 32,254 141,147 116,798 Net realized and unrealized gains on commercial loans, at fair value 105 527 1,815 2,732 Leasing related income 1,635 1,032 7,135 3,921 Consumer fintech loan credit enhancement 40,403 30,651 169,294 30,651 Other non-interest income 2,416 838 8,942 3,412 Total non-interest income 80,532 65,302 328,333 157,514 Non-interest expense Salaries and employee benefits 34,401 33,633 142,554 131,597 Data processing expense 1,273 1,414 4,964 5,666 Legal expense 1,387 856 6,690 3,081 FDIC insurance 1,383 961 4,543 3,579 Software 5,344 4,226 20,541 17,913 Other non-interest expense 12,405 10,722 43,822 41,389 Total non-interest expense 56,193 51,812 223,114 203,225 Income before income taxes 74,995 76,388 303,037 292,156 Income tax expense 18,703 20,480 74,824 74,616 Net income $ 56,292 $ 55,908 $ 228,213 $ 217,540 Net income per share - basic $ 1.30 $ 1.17 $ 4.99 $ 4.35 Net income per share - diluted $ 1.28 $ 1.15 $ 4.92 $ 4.29 Weighted average shares - basic 43,444,819 47,771,547 45,770,549 50,063,620 Weighted average shares - diluted 44,078,506 48,639,936 46,421,672 50,713,140 CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in thousands, except share and per share data) December 31, September 30, June 30, December 31, 2025 2025 2025 2024 Assets: Cash and cash equivalents Cash and due from banks $ 8,038 $ 10,162 $ 11,637 $ 6,064 Interest earning deposits at Federal Reserve Bank 104,611 74,517 328,628 564,059 Total cash and cash equivalents 112,649 84,679 340,265 570,123 Investment securities, available-for-sale, at fair value 1,671,750 1,384,256 1,481,500 1,502,860 Commercial loans, at fair value 139,389 142,658 185,476 223,115 Loans, net of deferred fees and costs 7,116,676 6,672,637 6,535,432 6,113,628 Allowance for credit losses (66,200) (64,152) (59,393) (44,853) Loans, net 7,050,476 6,608,485 6,476,039 6,068,775 Federal Home Loan Bank, Atlantic Central Bankers Bank, and Federal Reserve Bank stock 25,205 25,250 16,250 15,642 Accrued interest receivable 43,090 43,831 40,607 41,713 Other real estate owned 60,695 61,974 66,054 62,025 Deferred tax asset, net 18,679 10,034 12,436 18,874 Credit enhancement asset 31,138 29,318 26,982 12,909 Other 199,354 208,939 193,622 211,507 Total assets $ 9,352,425 $ 8,599,424 $ 8,839,231 $ 8,727,543 Liabilities: Deposits Demand and interest checking $ 7,827,037 $ 7,254,896 $ 7,705,813 $ 7,434,212 Savings and money market 338,459 75,901 60,122 311,834 Total deposits 8,165,496 7,330,797 7,765,935 7,746,046 Short-term borrowings 199,000 200,000 — — Senior debt 196,253 196,052 96,391 96,214 Subordinated debenture 13,401 13,401 13,401 13,401 Other long-term borrowings 13,712 13,806 13,898 14,081 Other liabilities 74,767 67,206 89,340 68,018 Total liabilities $ 8,662,629 $ 7,821,262 $ 7,978,965 $ 7,937,760 Total shareholders' equity 689,796 778,162 860,266 789,783 Total liabilities and shareholders' equity $ 9,352,425 $ 8,599,424 $ 8,839,231 $ 8,727,543 AVERAGE BALANCE SHEET - QTD (Dollars in thousands) Three months ended December 31, 2025 Three months ended December 31, 2024 Average Average Average Average Assets: Balance Interest Rate Balance Interest Rate Interest earning assets: Loans, net of deferred fees and costs(1) $ 6,839,842 $ 111,682 6.53% $ 6,193,762 $ 112,908 7.29% Leases-bank qualified(2) 7,303 163 8.93% 5,728 143 9.99% Investment securities-taxable 1,489,384 18,147 4.87% 1,556,698 19,341 4.97% Investment securities-nontaxable(2) 7,889 123 6.24% 5,221 82 6.28% Interest earning deposits at Federal Reserve Bank 225,411 1,971 3.50% 527,849 6,378 4.83% Net interest earning assets 8,569,829 132,086 6.17% 8,289,258 138,852 6.70% Allowance for credit losses (64,087) (30,829) Other assets 331,887 291,977 $ 8,837,629 $ 8,550,406 Liabilities and Shareholders' Equity: Deposits: Demand and interest checking $ 7,471,587 $ 32,180 1.72% $ 7,443,308 $ 41,436 2.23% Savings and money market 123,956 1,437 4.64% 111,231 1,078 3.88% Total deposits 7,595,543 33,617 1.77% 7,554,539 42,514 2.25% Short-term borrowings 184,844 1,998 4.32% 9,673 125 5.17% Long-term borrowings 13,774 194 5.64% 25,886 360 5.56% Subordinated debentures 13,401 249 7.43% 13,401 275 8.21% Senior debt 196,120 3,888 7.93% 96,156 1,234 5.13% Total deposits and liabilities 8,003,682 39,946 2.00% 7,699,655 44,508 2.31% Other liabilities 99,967 48,196 Total liabilities 8,103,649 7,747,851 Shareholders' equity 733,980 802,555 $ 8,837,629 $ 8,550,406 Net interest income on tax equivalent basis(2) $ 92,140 $ 94,344 Tax equivalent adjustment 61 48 Net interest income $ 92,079 $ 94,296 Net interest margin(2) 4.30% 4.55% (1) Includes commercial loans, at fair value. All periods include non-accrual loans. (2) Full taxable equivalent basis, using 21% respective statutory federal tax rates in 2025 and 2024. AVERAGE BALANCE SHEET - YTD (Dollars in thousands) Year ended December 31, 2025 Year ended December 31, 2024 Average Average Average Average Assets: Balance Interest Rate Balance Interest Rate Interest earning assets: Loans, net of deferred fees and costs(1) $ 6,617,201 $ 447,513 6.76% $ 5,920,643 $ 458,405 7.74% Leases-bank qualified(2) 7,120 655 9.20% 5,064 522 10.31% Investment securities-taxable(3) 1,464,716 76,021 5.19% 1,331,234 66,262 4.98% Investment securities-nontaxable(2) 7,735 490 6.33% 3,487 237 6.80% Interest earning deposits at Federal Reserve Bank 615,134 26,931 4.38% 497,180 26,326 5.30% Net interest earning assets 8,711,906 551,610 6.33% 7,757,608 551,752 7.11% Allowance for credit losses (55,217) (28,707) Other assets 329,121 308,814 $ 8,985,810 $ 8,037,715 Liabilities and Shareholders' Equity: Deposits: Demand and interest checking $ 7,796,951 $ 158,860 2.04% $ 6,875,368 $ 161,841 2.35% Savings and money market 97,577 3,891 3.99% 71,962 2,531 3.52% Total deposits 7,894,528 162,751 2.06% 6,947,330 164,372 2.37% Short-term borrowings 58,060 2,498 4.30% 44,220 2,469 5.58% Repurchase agreements — — — 3 — — Long-term borrowings 13,911 784 5.64% 35,232 2,420 6.87% Subordinated debentures 13,401 1,020 7.61% 13,401 1,155 8.62% Senior debt 132,720 8,805 6.63% 96,027 4,935 5.14% Total deposits and liabilities 8,112,620 175,858 2.17% 7,136,213 175,351 2.46% Other liabilities 83,651 102,970 Total liabilities 8,196,271 7,239,183 Shareholders' equity 789,539 798,532 $ 8,985,810 $ 8,037,715 Net interest income on tax equivalent basis(2) $ 375,752 $ 376,401 Tax equivalent adjustment 241 160 Net interest income $ 375,511 $ 376,241 Net interest margin(2) 4.31% 4.85% (1) Includes commercial loans, at fair value. All periods include non-accrual loans. (2) Full taxable equivalent basis, using 21% respective statutory federal tax rates in 2025 and 2024. (3) The year ended December 31, 2025 includes $3.0 million of interest income from a security that was known as “CRE-2” and which relates to the Company’s discontinued commercial real estate securitization business. The CRE-2 interest was repaid in the second quarter of 2025 as a result of the final sale of underlying collateral related to that security. CRE-2 was the last security remaining related to the Company’s discontinued commercial real estate securitization business. BUSINESS LINE QUARTERLY SUMMARY (Dollars in thousands) Three months ended December 31, 2025 % Growth in balance Loans: Total(1) Average rates(2) Linked quarter annualized Year over Year Real estate bridge loans - recorded at amortized cost $ 2,188,952 7.91% 10.69% 3.79% Real estate bridge loans (non-SBA) - recorded at fair value 71,015 6.60% nm nm SBLOC/IBLOC and Advisor financing 1,964,221 6.14% 14.56% 6.86% Small business lending 1,081,970 7.22% 8.69% 10.75% Consumer fintech loans - non-interest bearing(3) 954,364 — nm nm Consumer fintech loans - interest bearing 143,634 4.88% nm nm Direct lease financing 685,422 7.95% (4.62%) (2.28%) Other loans 150,718 5.59% (31.71%) 35.64% Unamortized loan fees and costs 15,769 — nm nm Total loan portfolio $ 7,256,065 6.15% Deposits: Fintech $ 7,229,310 1.71% (6.16%) 3.49% Non-fintech 366,233 2.85% nm nm Total deposits $ 7,595,543 1.77% (1) Loan and deposit categories are based on period-end and average quarterly balances, respectively. Total loan portfolio includes both loans recorded at amortized cost and loans at fair value. (2) Average annualized rates are for the three months ended December 31, 2025. (3) Income related to non-interest-bearing balances is included in non-interest income. PORTFOLIO PERFORMANCE (Dollars in thousands) Credit Quality December 31, September 30, December 31, 2025 2025 2024 As of period end: Nonperforming loans to total loans 1.04% 1.35% 0.55% Nonperforming assets to total assets 1.44% 1.77% 1.14% Allowance for credit losses on loans to total loans(1) 0.93% 0.96% 0.73% Allowance for credit losses on loans and investment securities to total assets 0.71% 0.75% 0.51% For the three months ended: Net charge-offs: Fintech $ 38,584 $ 37,454 $ 17,742 Non-fintech 629 3,332 1,063 Total $ 39,213 $ 40,786 $ 18,805 Net charge-offs/average loans (annualized) 2.29% 2.44% 1.21% Net charge-offs/average assets (annualized) 1.77% 1.87% 0.88% (1) Excludes loans recorded at fair value. Loan Delinquency and Non-Accrual December 31, 2025 30-59 days past due 60-89 days past due 90+ days still accruing Non-accrual Total past due Current Total loans Real estate bridge loans $ — $ — $ 14,459 $ 9,755 $ 24,214 $ 2,164,738 $ 2,188,952 SBLOC / IBLOC 5,328 65 251 446 6,090 1,663,895 1,669,985 SBL non-real estate 1,515 344 — 8,639 10,498 227,821 238,319 SBL commercial mortgage 224 — — 21,977 22,201 730,694 752,895 SBL construction — — — 2,660 2,660 19,722 22,382 Consumer fintech 24,701 3,791 2,030 — 30,522 1,067,476 1,097,998 Direct lease financing 2,431 889 1,567 12,066 16,953 668,469 685,422 Advisor financing — — — — — 294,236 294,236 Other loans 209 111 2 142 464 150,254 150,718 Unamortized loan fees and costs — — — — — 15,769 15,769 $ 34,408 $ 5,200 $ 18,309 $ 55,685 $ 113,602 $ 7,003,074 $ 7,116,676 CAPITAL RATIOS As of December 31, 2025 The Bancorp, Inc. The Bancorp Bank, N.A. "Well Capitalized"(1) Tier 1 capital to average assets 7.64% 9.70% 5.00% Tier 1 capital to risk-weighted assets 11.08% 14.03% 8.00% Total capital to risk-weighted assets 12.19% 15.13% 10.00% Common equity Tier 1 to risk-weighted assets 11.08% 14.03% 6.50% (1) “Well capitalized” institution under federal regulations Basel III. NON-GAAP FINANCIAL MEASURES We use certain financial measures which are not calculated and presented in accordance with U.S. generally accepted accounting principles (“GAAP”). These measures are focused on adjusting certain metrics used to measure our performance to exclude the impact of Non-interest income--Consumer fintech loan credit enhancement. That income amount relates to credit enhancement agreements from third parties that cover losses from borrowers for fintech loans receivable. We recognize provision expense for credit losses on consumer fintech loans, and separately record an amount in Non-interest income--Consumer fintech loan credit enhancement for the recovery from the third-party. The measurement of the estimated credit losses and the estimated recovery from the credit enhancement are based on the same estimate and correlate to like amounts in our statement of operations. Our non-GAAP metrics are calculated to remove the volatility of that credit enhancement recovery from measures used to review the performance and growth of our business. Non-GAAP measures include: Efficiency ratio is calculated as: (i) GAAP total non-interest expense; divided by (ii) the total of GAAP net interest income and non-interest income less Consumer fintech loan credit enhancement income, or “Adjusted total revenue”. This ratio compares revenues generated with the amount of expense required to generate such revenues and may be used as one measure of overall efficiency. Non-interest income as a percentage of total revenue (excluding credit enhancement) is calculated as: (i) GAAP Non-interest-income less Consumer fintech loan credit enhancement income; divided by (ii) Adjusted total revenue. This ratio is used to compare the amount of non-interest income, which is primarily fee-based, to our total revenue each period to review the growth in our fee-based business. Fintech fees as a percentage of total revenue (excluding credit enhancement) is calculated as: (i) GAAP Non-interest income – total fintech fees; divided by (ii) Adjusted total revenue. This ratio is used to compare the amount of fintech fee revenue to our total revenue each period to review the growth in that revenue area, which is one of our key areas of focus. We believe that these non-GAAP measures are useful performance metrics for management, investors and lenders, because it provides a means to evaluate period-to-period comparisons of the Company's financial performance without the effects of certain adjustments in accordance with GAAP that may not necessarily be indicative of current operating performance. Non-GAAP financial measures should not be considered as an alternative to GAAP financial measures. They may not be indicative of the historical operating results of the Company nor are they intended to be predictive of potential future results. Investors should not consider non-GAAP financial measures in isolation or as a substitute for performance measures calculated in accordance with GAAP. Reconciliation of Non-GAAP Measures: (Dollars in thousands) Three months ended Year ended December 31, 2025 September 30, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Net interest income $ 92,079 $ 94,197 $ 94,296 $ 375,511 $ 376,241 Non-interest income A 80,532 80,416 65,302 328,333 157,514 Total revenue B 172,611 174,613 159,598 703,844 533,755 Less: Consumer fintech loan credit enhancement (40,403) (39,790) (30,651) (169,294) (30,651) Adjusted total revenue C $ 132,208 $ 134,823 $ 128,947 $ 534,550 $ 503,104 Non-interest income 80,532 80,416 65,302 328,333 157,514 Less: Consumer fintech loan credit enhancement (40,403) (39,790) (30,651) (169,294) (30,651) Adjusted non-interest income D $ 40,129 $ 40,626 $ 34,651 $ 159,039 $ 126,863 Non-interest expense E $ 56,193 $ 56,404 $ 51,812 $ 223,114 $ 203,225 Non-interest income - total fintech fees F $ 35,973 $ 35,083 $ 32,254 $ 141,147 $ 116,798 Non-GAAP Measures Efficiency ratio E/C 42.5% 41.8% 40.2% 41.7% 40.4% Non-interest income as a percentage of total revenue A/B 46.7% 46.1% 40.9% 46.6% 29.5% Non-interest income as a percentage of total revenue (excluding credit enhancement) D/C 30.4% 30.1% 26.9% 29.8% 25.2% Fintech fees as a percentage of total revenue F/B 20.8% 20.1% 20.2% 20.1% 21.9% Fintech fees as a percentage of total revenue (excluding credit enhancement income) F/C 27.2% 26.0% 25.0% 26.4% 23.2% Source: The Bancorp, Inc.