RADNOR, Pa., April 15, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of Delaware against The Bancorp, Inc. (“Bancorp”) (NASDAQ: TBBK) on behalf of those who purchased or otherwise acquired Bancorp securities between January 25, 2024, and March 4, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is May 16, 2025. CONTACT KESS ...

Core Insights - Northeast Community Bancorp, Inc. (NASDAQ: NECB) was recognized as one of the top bank stocks of 2024, with its share price increasing by 75% at one point in November of the previous year [1] Group 1 - The stock experienced a significant pullback after its peak performance [1] - The financial markets are viewed as efficient, with most stocks reflecting their real current value [1] - The best investment opportunities are often found in stocks that are less widely followed or do not accurately reflect market opportunities [1]

Analysts on Wall Street project that Fifth Third Bancorp (FITB) will announce quarterly earnings of $0.70 per share in its forthcoming report, representing a decline of 7.9% year over year. Revenues are projected to reach $2.14 billion, increasing 1.8% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial es ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against The Bancorp, Inc. due to allegations of securities law violations, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by May 16, 2025 [2][4]. Group 1: Allegations Against The Bancorp - The complaint alleges that The Bancorp and its executives made false or misleading statements regarding the risks associated with its REBL loan portfolio, including underrepresenting the risk of default and inadequately accounting for credit losses [4]. - Specific allegations include material weaknesses in internal controls, lack of independent auditor approval for financial statements, and misleading positive statements about the company's business prospects [4]. - A report from Culper Research claimed that The Bancorp's loan portfolio was filled with high-risk loans and that the company's reserves for potential losses were significantly inadequate, leading to a sharp decline in share price [5][6]. Group 2: Financial Results and Market Reactions - The Bancorp reported a net income of $51.5 million for Q3 2024, but this included a reduction in net income due to increased provisions for credit losses, which negatively impacted share price [7]. - Following the announcement of its financial results, the company's share price fell by $7.95, or 14.47%, indicating market concern over its financial health [7]. - On March 4, 2025, The Bancorp disclosed that its financial statements for the fiscal years 2022 to 2024 should no longer be relied upon, further contributing to a decline in share price [8][9].

It is an interesting hunting ground. Many of these little banks are inexpensive and possess multiple catalysts to increase shareholder value.With a value lens, Hemlock Partners ("Hemlock") is dedicated to uncovering the market's best investment opportunities. Our team brings a common-sense approach to a marketplace which often trades on an irrational greed-and-fear cycle. We view this predictable pattern not as a challenge, but an opportunity. Hemlock's Asset-Rich Investment Service is designed specifically ...

Core Viewpoint - A securities class action lawsuit has been filed against The Bancorp, Inc. for allegedly misleading investors regarding the risks associated with its real estate bridge loans portfolio and internal financial controls [1][2]. Group 1: Allegations Against Bancorp - The lawsuit claims that Bancorp underrepresented the risk of default or loss on its real estate bridge loans portfolio [2]. - It is alleged that Bancorp's expected credit loss methodology was inadequate to account for credit losses, leading to a likely increase in provisions for credit losses [2]. - The complaint states there were material weaknesses in Bancorp's internal control over financial reporting and that its financial statements were not approved by an independent auditor [2]. - As a result of these issues, the financial statements could not be relied upon, and positive statements made by the company were misleading [2]. Group 2: Lead Plaintiff Process - Investors in Bancorp can seek to be appointed as a lead plaintiff representative of the class by May 16, 2025, or choose to remain absent [3]. - The lead plaintiff will act on behalf of all class members and select counsel to represent the class [3]. - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [4].

With all of the economic uncertainty surrounding the tariff situation and global trade, this is another critical earnings season. As always, our overage of earnings season begins with the regional banks. We cover a lot of them to getSelloff got you down? We are thriving during it at BAD BEAT InvestingWe have the right high-conviction picks and have helped our members hedge, and done well in this selloff. We also have pinpointed areas to buy during the correction. Enjoy more rapid-returns with our strategy t ...

RADNOR, Pa., April 11, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of Delaware against The Bancorp, Inc. (“Bancorp”) (NASDAQ: TBBK) on behalf of those who purchased or otherwise acquired Bancorp securities between January 25, 2024, and March 4, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is May 16, 2025. CONTACT KESS ...

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U.S. Bancorp (USB) is scheduled to report first-quarter 2025 results on April 16, 2025, before the opening bell. The company is expected to have witnessed year-over-year increases in quarterly revenues and earnings.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the fourth quarter, U.S. Bancorp benefited from higher non-interest income. However, a weak asset quality was concerning.USB has an impressive earnings surprise history. Its earnings beat estimates in the trailing four qu ...