10:20 AM EDT, 10/25/2024 (MT Newswires) -- Bancorp (TBBK) shares were down 16% in recent trading on Friday after it posted a Q3 earnings miss.

The company reported Q3 net income of $1.04 per diluted share, up from $0.92 a year earlier.

Analysts polled by Capital IQ expected $1.12.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $125.8 million, compared with $115.7 million a year earlier.

Analysts surveyed by Capital IQ expected $119.8 million.

Price: 46.17, Change: -8.79, Percent Change: -15.99