The Bancorp Bank (TBBK) released a profit for its first quarter that increased from the same period last year but missed the Street estimates.
The company's earnings totaled $57.17 million, or $1.19 per share. This compares with $56.43 million, or $1.06 per share, last year.
Analysts on average had expected the company to earn $1.24 per share. Analysts' estimates typically exclude special items.
The Bancorp Bank earnings at a glance (GAAP) :
-Earnings: $57.17 Mln. vs. $56.43 Mln. last year.
-EPS: $1.19 vs. $1.06 last year.
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