The Bancorp, Inc. Reports First Quarter Financial Results

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (“The Bancorp” or “the Company” or “we” or “our”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the first quarter of 2024. Recent Developments The Bancorp has increased its share repurchase authorization for the second quarter of 2024 from $50.0 million to $100.0 million. In April 2024, the Company began purchasing additional fixed rate agency backed commercial and residential mortgage securities of varying