Intel stock extends gains after report of possible U.S. government stake
Jeffrey A. Nager, Executive Vice President Head of Commercial Lending at The Bancorp, Inc. (NASDAQ:TBBK), a $3.13 billion financial institution whose stock has gained 47% over the past year and is trading near its 52-week high of $70.63, sold 11,810 shares of common stock on August 12, 2025. The sales were executed at a weighted average price of $66.791, resulting in a total transaction value of $788,801. Prices for the sales ranged from $66.69 to $66.8773.
Following the transaction, Nager directly owns 86,464 shares of The Bancorp, Inc.
The sale was reported on August 13, 2025, in a Form 4 filing with the Securities and Exchange Commission. The filing was signed by Martin Egan, as attorney-in-fact.
In other recent news, The Bancorp reported its second-quarter 2025 earnings, revealing a slight miss in earnings per share but a significant beat in revenue forecasts. The company’s earnings per share came in at $1.27, just under the expected $1.28, while revenue reached $181.24 million, surpassing the forecast of $166 million. Despite the revenue beat, the stock experienced a decline in aftermarket trading. Additionally, Raymond James upgraded The Bancorp’s stock rating from Outperform to Strong Buy, raising its price target to $76.00 from $71.00. This upgrade followed investor meetings with Bancorp’s CEO Damian Kozlowski and other executives, where plans to expand partnerships with fintech companies like Chime, PayPal, and Block were discussed. These developments highlight the company’s ongoing efforts to increase its market presence in the fintech sector.
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