The Bancorp (TBBK) reported Q1 earnings late Thursday of $1.19 per diluted share, up from $1.06 a year earlier.

Three analysts polled by FactSet expected $1.24.

Revenue in the quarter ended March 31, expressed as the sum of net interest income and total noninterest income, was $129.5 million, up from $123.8 million a year earlier.

Three analysts surveyed by FactSet expected $144.0 million.

The company affirmed its 2025 earnings guidance of $5.25 per share. Three analysts surveyed by FactSet expect $5.28.

Shares of the company were down 2.4% in recent trading.