With 1.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.48 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $64.53 whereas the lowest price it dropped to was $58.47. 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 $66.67. Beta for the stock currently stands at 1.49.
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 up-trending over the past week, with a rise of 9.90%, but this was up by 14.65% over a month. Three-month performance surged to 24.54% while six-month performance rose 17.79%. The stock gained 29.94% in the past year, while it has gained 16.02% so far this year. A look at the trailing 12-month EPS for TBBK yields 4.30 with Next year EPS estimates of 6.53. For the next quarter, that number is 1.22. This implies an EPS growth rate of 22.69% for this year and 24.07% for next year.
Float and Shares Shorts:
At present, 47.71 million TBBK shares are outstanding with a float of 43.69 million shares on hand for trading. On 2025-01-15, short shares totaled 6.46 million, which was 1348.0 higher than short shares on 1734048000. 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 1.08022 of TBBK’s outstanding shares, institutional investors have minority control over the company.
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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 68.0 and a low target of 60.0, the average target price over the next 12 months is 64.66667. Based on these targets, TBBK could surge 11.37% to reach the target high and fall by -1.74% to reach the target low. Reaching the average price target will result in a growth of 5.91% 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 $4.84781 being high and $3.86448 being low. For TBBK, this leads to a yearly average estimate of $4.28333. Based on analyst estimates, the high estimate for the next quarter is $1.29 and the low estimate is $1.27. The average estimate for the next quarter is thus $1.28.
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