BUZZ-Piper Sandler reiterates 'overweight' rating on Bancorp after recent decline

Reuters

Mar 20, 2025

** Piper Sandler says it is a "good time to reiterate one of its favorite bank stock ideas" after the recent pullback

** Community bank Bancorp's shares TBBK.O climb 5% to $55.19

** Brokerage has "overweight" rating on TBBK with a $68 PT, a 29.3% upside to stock's last close

** Says there has been recent noise around the stock after retraction of its annual report, but TBBK's profitability far outstrips the average banking institution

** TBBK has fallen 9% in the last one month

** Piper Sandler expects near-term positive newsflow with the successful sale of the bank's largest OREO property to drive shares higher

** Other real estate owned (OREO) properties are those that banks own due to foreclosure or other legal processes

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Piper Sandler reiterates 'overweight' rating on Bancorp after recent decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-03-20 02:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Piper Sandler reiterates 'overweight' rating on Bancorp after recent decline</title></head><body><p>** Piper Sandler says it is a <span>\"good </span>time to reiterate one of its <span>favorite</span> bank stock <span>ideas\"</span> after the recent pullback </p><p>** Community bank Bancorp's shares <span>TBBK.O</span> climb 5% to $55.19</p><p>** Brokerage <span>has \"overweight\" rating on </span>TBBK with a $68 PT, a 29.3% upside to stock's last close</p><p>** Says there has been recent noise <span>around </span>the stock after <span>retraction of its annual report</span>, but TBBK's profitability far outstrips the average banking institution</p><p>\n<span>** TBBK has fallen 9% in the last one month</span>\n</p><p>** Piper Sandler expects near-term positive newsflow with the successful sale of the bank's largest OREO property to drive shares higher</p><p>** Other real estate owned (OREO) <span>properties are those that </span>banks own due to foreclosure or other legal processes </p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PIPR","symbol_name":"派杰投资","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250319:nL4N3Q01EG:1","article_id":"2520916926","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520916926","pubTimestamp":1742408932,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Piper Sandler reiterates 'overweight' rating on Bancorp after recent decline** Piper Sandler says it is a \"good time to reiterate one of its favorite bank stock ideas\" after the recent pullback ** Community bank Bancorp's shares TBBK.O climb 5% to $55.19** Brokerage has \"overweight\" rating on TBBK with a $68 PT, a 29.3% upside to stock's last close** Says there has been recent noise around the stock after retraction of its annual report, but TBBK's profitability far outstrips the average banking institution. ** Piper Sandler expects near-term positive newsflow with the successful sale of the bank's largest OREO property to drive shares higher** Other real estate owned  properties are those that banks own due to foreclosure or other legal processes   ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"PIPR":"派杰投资","TBBK":"The Bancorp"},"translate_title":"BUZZ-Piper Sandler在近期下跌后重申对Bancorp的“增持”评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PIPR":0.9,"TBBK":0.9},"content_text":"BUZZ-Piper Sandler reiterates 'overweight' rating on Bancorp after recent decline** Piper Sandler says it is a \"good time to reiterate one of its favorite bank stock ideas\" after the recent pullback ** Community bank Bancorp's shares TBBK.O climb 5% to $55.19** Brokerage has \"overweight\" rating on TBBK with a $68 PT, a 29.3% upside to stock's last close** Says there has been recent noise around the stock after retraction of its annual report, but TBBK's profitability far outstrips the average banking institution\n** TBBK has fallen 9% in the last one month\n** Piper Sandler expects near-term positive newsflow with the successful sale of the bank's largest OREO property to drive shares higher** Other real estate owned (OREO) properties are those that banks own due to foreclosure or other legal processes  (Reporting by Arasu Kannagi Basil in Bengaluru) 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