FMP
Jan 13, 2026
On January 13, 2026, Raymond James upgraded the stock grade of The Bancorp, Inc. (NASDAQ:TBBK) to "Strong Buy." At the time, the stock was priced at $69.43. The Bancorp, Inc. is a financial holding company that provides banking and financial services. It competes with other financial institutions like U.S. Bancorp, which is expanding its capital markets presence.
The current stock price of TBBK is $69.44, showing a slight decrease of 1.44% with a change of $0.01. Today, the stock has fluctuated between a low of $69.16 and a high of $70.10. Over the past year, TBBK has reached a high of $81.65 and a low of $40.51. The company's market capitalization is approximately $3.25 billion.
U.S. Bancorp, a competitor in the financial services sector, has announced an agreement to acquire BTIG, a firm known for its expertise in investment banking, institutional sales and trading, research, and prime brokerage. The deal is valued at up to $1 billion, paid in cash and stock, as highlighted by U.S. Bancorp CEO Gunjan Kedia.
This acquisition aims to bolster U.S. Bancorp's presence in the capital markets sector. By acquiring BTIG's top talent, capabilities, and technology, U.S. Bancorp seeks to enhance its capital markets growth and strengthen client relationships. This strategic move could impact the competitive landscape for companies like The Bancorp, Inc.
The trading volume for TBBK on the NASDAQ is 20,305 shares. As U.S. Bancorp expands its market presence, investors may closely watch how The Bancorp, Inc. adapts to the evolving financial services landscape. The recent upgrade by Raymond James to "Strong Buy" suggests confidence in TBBK's potential despite the competitive pressures.
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