Slide 1: The Bancorp Investor Presentation
THE BANCORP INVESTOR PRESENTATION OCTOBER 2025
Slide 2: Disclosures
2 DISCLOSURES Statements in this presentation regarding The not limited to, the risks and uncertainties referenced GAAP measures presented herein may not be Bancorp, Inc.’s (“The Bancorp”) business, that are or described in The Bancorp’s filings with the comparable to similar non-GAAP measures prese
Slide 3: Delivering Strong Financial Performance
3 FINANCIAL PERFORMANCE DELIVERING STRONG SUSTAINED FINANCIAL PERFORMANCE PERFORMANCE The Bancorp is continuing to deliver high quality KEY FINANCIAL METRICS 2022 2023 2024 Q3 YTD 2025 financial performance ROE 19% 26% 27% 29% Capitalized on interest PROFITABILITY rate environment ROA 1.8% 2.6% 2.7%
Slide 4: Delivering Strong Financial Performance: Earnings Guidance
4 EARNINGS GUIDANCE DELIVERING STRONG FINANCIAL PERFORMANCE $9.00 EARNINGS PER SHARE (DILUTED) PATHWAYS TO ACHIEVING GUIDANCE1 $8.00 $8.25 $7.00 RUN RATE AND $8.25 We are lowering our 2025 $7.00 $7.00 Fintech Revenue Growth from new guidance to $5.10 per partnerships, credit sponsorship share, reite
Slide 5: The Bancorp Core Business Model
5 THE BANCORP CORE BUSINESS MODEL FINTECH THE BANCORP SOLUTIONS GENERATES BUSINESS MODEL NON-INTEREST INCOME AND ATTRACTS STABLE, LOWER- COST DEPOSITS DEPLOYED INTO ASSETS IN SPECIALIZED MARKETS
Slide 6: Fintech Leadership
6 FINTECH PARTNER BANK FINTECH LEADERSHIP FINTECH PROGRAM MANAGERS PAYMENT NETWORKS ECOSYSTEM CLIENT FACING platforms deliver highly scalable banking solutions to customers with emphasis on FACILITATE payments between parties via the card networks. customer acquisition and technology. Enabling finte
Slide 7: Specialized Lending Business Lines
7 SPECIALIZED LENDING SPECIALIZED LENDING LENDING BUSINESS LINES BUSINESSES CORE LENDING BUSINESSES STRATEGIC OUTLOOK Core lending businesses AS OF Q3 2025 are comprised of our Real Estate Bridge Lending $2.2B specialized lending Maintain balance sheet flexibility as activities Institutional Banking
Slide 8: Our 2030 Strategy
8 2030 STRATEGY OUR 2030 STRATEGY OVERVIEW EVALUATION Our 2030 strategy FRAMEWORK encompasses previous + Build on our strengths goals outlined in Vison 700 while adding new fintech + Create new opportunities opportunities How can we build on our + Sustain revenue growth leading fintech partner bank
Slide 9: APEX
2030 STRATEGY APEX 2 0 3 0 Our 2030 plan comprises new opportunities identified across various strategic pathways: 1 2 3 PROVIDE NEW MONETIZE CORE SUPPORT FINTECH FINTECH SERVICES COMPETENCIES LENDING • Niche program management • Regulatory services • Diversified holdings across • Embedded Finance •
Slide 10: Fintech Solutions: Deposit & Fee Generation
FINTECH SOLUTIONS: DEPOSIT & FEE GENERATION
Slide 11: Enabling Leading Fintech Companies
11 FINTECH SOLUTIONS: FEE & DEPOSIT GENERATING ACTIVITIES ENABLING LEADING FINTECH COMPANIES 26% % TOTAL BANK REVENUE DEBIT PROGRAM MANAGERS Q3 YTD 20251 (CHALLENGER BANKS) #6 Debit Issuing Bank 16% 20242 • Provides physical and virtual card issuing • Maintains deposit balances on cards PREPAID/STOR
Slide 12: Scalable Platform
12 FINTECH SOLUTIONS: ESTABLISHED OPERATING PLATFORM SCALABLE PLATFORM INNOVATIVE SOLUTIONS ESTABLISHED OPERATING REGULATORY OTHER PAYMENTS OFFERINGS Our platform supports a PLATFORM EXPERTISE wide variety of strategic fintech partners through our • Infrastructure in place to • Financial Crimes Risk
Slide 13: Deposit Growth from Fintech Business
13 FINTECH SOLUTIONS: STABLE, LOWER-COST DEPOSIT GENERATOR DEPOSIT GROWTH FROM FINTECH BUSINESS AVERAGE DEPOSITS BY PERIOD ($ BILLIONS) $9.0 $8.0 Other HIGHLIGHTS $7.6 (Includes time deposits and $6.9 other legacy deposit programs) • Stable deposit base $7.0 $6.3 $6.4 anchored by contractual, $6.0 $
Slide 14: Stable Deposits & Significant Balance Sheet Liquidity
14 FINTECH SOLUTIONS: STABLE, LOWER-COST DEPOSIT GENERATOR STABLE DEPOSITS & SIGNIFICANT BALANCE SHEET LIQUIDITY ESTIMATED INSURED VS OTHER UNINSURED SUMMARY OF CREDIT LINES AVAILABLE STRONG DEPOSITS POSITIONING September 30, 2025 September 30, 2025 Our deposit base is Insured 92% (Dollars in millio
Slide 15: Loans, Leases & Supporting Collateral
LOANS, LEASES & SUPPORTING COLLATERAL
Slide 16: Key Considerations for Lending Growth
16 LOANS & LEASES KEY CONSIDERATIONS FOR LENDING GROWTH STRATEGIC OUTLOOK OPTIMIZE NET Optimize balance sheet and MANAGE INTEREST MARGIN continue to capitalize on CREDIT RISK AND MONITOR fintech lending TO DESIRED LEVELS INTEREST RATE opportunities SENSITIVITY Building an asset mix that drives earni
Slide 17: Loan Portfolio Overview
17 LOANS & LEASES LOAN LOAN PORTFOLIO OVERVIEW COLLATERAL VALUES BUSINESS LINE BALANCE SHEET CATEGORY 9/30/2025 PRINCIPAL BALANCE ($ MILLIONS) % OF TOTAL PORTFOLIO SUPPORTED BY: Real Estate Bridge Lending Multifamily apartment loans recorded at amortized cost (A) $ 2,132 31% Non-SBA commercial real
Slide 18: Commercial Real Estate Bridge Lending
18 LOANS & LEASES: REAL ESTATE BRIDGE LENDING COMMERCIAL REAL ESTATE BRIDGE LENDING PORTFOLIO Real Estate Bridge Lending ATTRIBUTES COMMERCIAL REAL ESTATE LOANS BY TYPE ($MILLIONS) BUSINESS OVERVIEW: 9/30/2025 • Vast majority of loans are • Resumed floating rate bridge lending apartment buildings in
Slide 19: Institutional Banking $1.9B
19 LOANS & LEASES: INSTITUTIONAL BANKING INSTITUTIONAL BANKING $ 1.9B Q3 2025 PORTFOLIO SIZE 6.5 LENDING AND BANKING SERVICES FOR WEALTH MANAGERS BUSINESS OVERVIEW: STRATEGIC OUTLOOK: % • Automated loan application platform, Talea, provides • Continue to focus on SBLOC and manage IBLOC and industry-
Slide 20: Primarily Comprised of Securities & Cash Value Life Insurance Lending
20 PORTFOLIO LOANS & LEASES: INSTITUTIONAL BANKING LOAN PORTFOLIO PRIMARILY COMPRISED OF SECURITIES & ATTRIBUTES CASH VALUE LIFE INSURANCE LENDING SECURITIES-BACKED LINES OF CREDIT • Nominal historical credit losses • Underwriting standards of generally 50% to equities and INSTITUTIONAL BANKING LOAN
Slide 21: Small Business Lending $1,059M
21 LOANS & LEASES: SMALL BUSINESS LENDING SMALL BUSINESS LENDING $1,059M Q3 2025 PORTFOLIO SIZE SBA AND OTHER SMALL BUSINESS LENDING BUSINESS OVERVIEW: • Established a distinct platform within the fragmented STRATEGIC OUTLOOK: • Continue delivering growth within existing small business lending platf
Slide 22: Small Business Lending
22 LOANS & LEASES: STRONG COLLATERAL & GOVERNMENT GUARANTEES SMALL BUSINESS LENDING SMALL BUSINESS LOANS BY TYPE1 ($MILLIONS) SMALL BUSINESS LOANS BY STATE1 ($MILLIONS) PORTFOLIO 9/30/2025 9/30/2025 SBL SBL ATTRIBUTES COMMERCIAL SBL SBL NON-REAL COMMERCIAL SBL SBL NON-REAL TYPE MORTGAGE CONSTRUCTION
Slide 23: Commercial Fleet Leasing $693M
23 LOANS & LEASES: COMMERCIAL FLEET LEASING COMMERCIAL FLEET LEASING FLEET LEASING SOLUTIONS $693M Q3 2025 PORTFOLIO SIZE BUSINESS OVERVIEW: STRATEGIC OUTLOOK: • Niche provider of vehicle leasing solutions • Continue enhancing platform and growing balances − Focus on smaller fleets (less than 150 ve
Slide 24: Commercial Fleet Leasing
24 LOANS & LEASES: COMMERCIAL FLEET LEASING PORTFOLIO COMMERCIAL FLEET LEASING DIRECT LEASE FINANCING BY STATE ($MILLIONS) PORTFOLIO DIRECT LEASE FINANCING BY TYPE ($MILLIONS) 9/30/2025 9/30/2025 TYPE Government agencies and public BALANCE $ 131 TOTAL 19% STATE Florida $ BALANCE 120 TOTAL 17% ATTRIB
Slide 25: Financial Review
FINANCIAL REVIEW
Slide 26: Revenue Growth Has Exceeded Expense Growth Since 2022
26 FINANCIAL REVIEW: EARNINGS AND PROFITABILITY REVENUE GROWTH HAS EXCEEDED EXPENSE GROWTH SINCE 2022 REVENUE1 $ Millions NON-INTEREST EXPENSE $ Millions $550 $250 $500 $225 HIGHLIGHTS $450 $200 $400 $175 • Revenue increases $350 $150 reflected normalized $300 interest rate environment $125 $250 and
Slide 27: Allowance for Credit Losses Primarily Reflects Our Charge-Off History
27 FINANCIAL REVIEW: LOAN LOSS RESERVE ALLOWANCE FOR CREDIT LOSSES PRIMARILY REFLECTS OUR CHARGE-OFF HISTORY ALLOWANCE FOR CREDIT LOSSES ($ MILLIONS) $65 $60 HIGHLIGHTS $55 $50 Consumer Fintech $45 • Increase in allowance $40 Real Estate Bridge driven by Consumer $35 Lending Fintech is entirely offs
Slide 28: Capital Position
28 FINANCIAL REVIEW: HISTORICAL CAPITAL POSITION CAPITAL POSITION THE BANCORP BANK, N.A. CAPITAL RATIOS HIGHLIGHTS 20% 18% • Completed $225M common stock 16% Total RBC Ratio Tier 1 RBC Ratio repurchase through Q3 14% • Planned common stock 12% repurchase2 of $150M for 10% Tier 1 Leverage Ratio Q4 20
Slide 29: Historical Performance and Long-Term Targets
29 FINANCIAL REVIEW: EARNINGS AND PROFITABILITY HISTORICAL PERFORMANCE AND LONG-TERM TARGETS PERFORMANCE Q3 YTD LONG-TERM METRICS 2021 2022 2023 2024 2025 TARGETS ROE 17.9% 19.3% 25.6% 27.2% 29.3% >40% ROA 1.68% 1.81% 2.59% 2.71% 2.54% >4.0% EPS (diluted) $1.88 $2.27 $3.49 $4.29 $3.64 The Bancorp Ba
Slide 30: Appendix
APPENDIX
Slide 31: Revenue & Efficiency Ratio Calculations
31 APPENDIX REVENUE & EFFICIENCY RATIO CALCULATIONS ($ millions) 2021 Q3 YTD Q3 YTD 2022 2023 2024 2024 2025 Net interest income $ 210,876 $ 248,841 $ 354,052 $ 376,241 $ 281,945 $ 283,432 Non-interest income 104,749 105,683 112,094 157,514 92,212 247,801 Consumer fintech credit enhancement (subtrac