Raymond James Upgrades The Bancorp, Inc. (NASDAQ:TBBK) to "Strong Buy"
The BancorpThe Bancorp(US:TBBK) Financial Modeling Prep·2026-01-13 20:02

Core Viewpoint - Raymond James upgraded The Bancorp, Inc. (NASDAQ:TBBK) to "Strong Buy" on January 13, 2026, indicating confidence in the company's potential despite competitive pressures from U.S. Bancorp [1][5] Company Summary - The current stock price of TBBK is $69.44, reflecting a slight decrease of 1.44% from the previous day, with a trading range between $69.16 and $70.10 [2] - Over the past year, TBBK's stock has experienced a high of $81.65 and a low of $40.51, with a market capitalization of approximately $3.25 billion [2] Industry Summary - U.S. Bancorp has announced an agreement to acquire BTIG for up to $1 billion, which aims to enhance its capital markets presence [3][4] - The acquisition of BTIG is intended to strengthen U.S. Bancorp's capabilities and client relationships, potentially impacting the competitive landscape for companies like The Bancorp, Inc. [4] - The trading volume for TBBK on NASDAQ is 20,305 shares, indicating investor interest as the competitive environment evolves [5]