Earnings ·
Reports Q3 EPS of $1.53 and raises full-year Core EPS guidance to $5.95-$6.05
TBBKBancorp, Inc.
The Bancorp reported third-quarter net income of $62.8 million, or $1.53 per diluted share, a 29.7% increase from the prior year period. The company raised its full-year Core EPS guidance to $5.95-$6.05 and provided preliminary 2027 and 2028 ranges of $7.00-$7.20 and $8.00-$8.20, respectively. Fintech fees grew 19.2% year-over-year to $41.8 million, while average Fintech loans increased 141%. The firm also announced a buyback target of approximately 100% of adjusted net income for 2027 through Q1 2028. The Bancorp operates as a financial holding company providing fintech solutions and credit services.