With 0.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.53 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $52.56 whereas the lowest price it dropped to was $51.735. The 52-week range on TBBK shows that it touched its highest point at $61.17 and its lowest point at $29.92 during that stretch. It currently has a 1-year price target of $63.33. Beta for the stock currently stands at 1.48.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TBBK was down-trending over the past week, with a drop of -1.37%, but this was down by -9.82% over a month. Three-month performance dropped to -3.15% while six-month performance rose 26.42%. The stock gained 35.71% in the past year, while it has lost -1.37% so far this year. A look at the trailing 12-month EPS for TBBK yields 3.96 with Next year EPS estimates of 5.24. For the next quarter, that number is 1.14. This implies an EPS growth rate of 17.86% for this year and 22.22% for next year. EPS is expected to grow by 12.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.59%.
Float and Shares Shorts:
At present, 48.23 million TBBK shares are outstanding with a float of 43.69 million shares on hand for trading. On 2024-12-13, short shares totaled 6.49 million, which was 1353.0 higher than short shares on 1731628800. In addition to Mr. Damian M. Kozlowski as the firm’s CEO, President & Director, Mr. Paul Frenkiel CPA serves as its Executive VP of Strategy, Secretary, CFO & Principal Accounting Officer.
Institutional Ownership:
Through their ownership of 1.08165 of TBBK’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TBBK since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TBBK analysts setting a high price target of 66.0 and a low target of 52.0, the average target price over the next 12 months is 60.66667. Based on these targets, TBBK could surge 27.14% to reach the target high and rise by 0.17% to reach the target low. Reaching the average price target will result in a growth of 16.87% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.02161 being high and $3.86983 being low. For TBBK, this leads to a yearly average estimate of $4.29667.
