The Bancorp, Inc. · NASDAQ:TBBK
The Bancorp — Bancorp — Q3 2026 Earnings Presentation
23 slides from The Bancorp's earnings presentation, Oct 29, 2026
Slide 1: The Bancorp Investor Presentation October 2026
The Bancorp Investor Presentation October 2026
Slide 2: Forward Looking Statements & Other Disclosures
Forward Looking Statements & Other Disclosures © The Bancorp | Investor Presentation, October 2026 2 Statements in this presentation regarding The Bancorp’s business that are not historical facts are “forward-looking statements.” These statements may be identified by the use of forward-looking termi
Slide 3: Financial Highlights
Financial Highlights © The Bancorp | Investor Presentation, October 2026 3 3Q 2026 Highlights: • Core EPS of $1.47, up from $1.18 in 3Q 2025 • Core ROE of 34.7%, up from 26.6% in 3Q 2025 • Core Fintech Fees as % of Total Revenue of 30.8%, up from 26.0% in 3Q 2025 driven by organic volume growth with
Slide 4: Company Overview
Company Overview 4 We are defining the future of banking. Through our dynamic portfolio of payment, lending and platform solutions, we help propel our clients’ success, while delivering value to the investors we serve, the communities where we operate and the employees who enable our mutual success.
Slide 5: Business Model and Strategy
Business Model and Strategy © The Bancorp | Investor Presentation, October 2026 5 Leading fintech sponsor bank combined with specialized lending across our Credit Solutions businesses Real Estate Bridge Lending Focus on value-add multifamily assets in primary markets Fleet Management Services Compre
Slide 6: APEX 2030 strategic plan and performance expectations
© The Bancorp | Investor Presentation, October 2026 6 Established: Maintain and grow sponsor bank market leadership, continue Credit Solutions businesses on and off-balance sheet, and execute share repurchase plan Incremental: Launch Embedded Finance, transform balance sheet towards fintech dominate
Slide 7: Core Earnings Per Share guidance
$0.00 $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 $7.00 $8.00 $9.00 2025 Actuals 2026 Guidance 2027 Guidance 2028 Preliminary Guidance Core Earnings Per Share (diluted)1 7 Key guidance assumptions: • Fintech revenue growth from existing programs, and new partnerships, credit sponsorship and embedded finance
Slide 8: Key Financial Metrics and Long-term Strategy
Key Financial Metrics and Long-term Strategy © The Bancorp | Investor Presentation, October 2026 8 Key Metric (GAAP) 2022 2023 2024 2025 3Q YTD 2026 Performance Long-term strategy Return on equity 19% 26% 27% 29% 36% ~3.0x banks1 and driven by growing Fintech Solutions and Credit Solutions 50%+ Incr
Slide 9: Share Repurchase Plans
Share Repurchase Plans © The Bancorp | Investor Presentation, October 2026 9 Increasing emphasis on capital return program, entirely through share repurchases Framework for new repurchase plan • The Company Board of Directors approved a new repurchase plan for 1Q 2027 through the end of 1Q 2028 • Ta
Slide 10: Fintech Solutions Overview
Fintech Solutions Overview © The Bancorp | Investor Presentation, October 2026 10 Key Statistics $1T+ Total payment volume1 $206B Gross dollar volume1 (GDV) 3 50mm+ Active Accounts2 40+ Fintech Partners2 1) Trailing twelve months (TTM) through 3Q 2026 2) As of 3Q 2026 3) Gross dollar volume (GDV) of
Slide 11: Embedded Finance
Embedded Finance Direct end-to-end delivery and program management of all current sponsorship offerings Fintech Solutions © The Bancorp | Investor Presentation, October 2026 11 Product overview $8.1B Deposits1 (96% total bank deposits) $157mm Fee Income2 1.72% Cost of Deposits1 $1.5B Average Total L
Slide 12: Fintech Strategic Partner of Choice
Fintech Strategic Partner of Choice © The Bancorp | Investor Presentation, October 2026 12 The Bancorp is well positioned to compete across core sponsorship, embedded finance and sponsored lending Shared Foundation What powers all three Program Sponsorship • Market-leading scale, supported by high-v
Slide 13: Fintech Platform Scale
Fintech Platform Scale © The Bancorp | Investor Presentation, October 2026 13 Our platform enables growth in volume, products and risk management and delivers positive operating leverage Drivers of Operating Leverage Transaction Scale + Ecosystem Connectivity Large and growing sponsor bank with unif
Slide 14: Credit Solutions business overview
$0.0 $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $7.0 2024 2025 Q3 2026 © The Bancorp | Investor Presentation, October 2026 14 Business Overview Strategy 3Q Yield Commercial Fleet Leasing Fleet vehicle leasing across commercial and government entities Deliver strong yields, fee income and moderate balance sheet g
Slide 15: Sponsored Lending Strategic Balance Sheet Transition
Revenue Yield Funding Costs Provision Origination and Opex Marginal ROA Sponsored Lending Strategic Balance Sheet Transition © The Bancorp | Investor Presentation, October 2026 15 Illustrative marginal ROA opportunity Revenue Yield Funding Costs Provision Origination and Opex Marginal ROA Traditiona
Slide 16: Securities Portfolio and Liquidity
51% 52% 53% 29% 28% 27% 14% 14% 14% 6% 6% 6% $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 Dec-24 Dec-25 Sept-26 Fair Value ($ millions) © The Bancorp | Investor Presentation, October 2026 16 Securities Portfolio Carefully crafted portfolio focused on fixed rates with a 4.7-year duration
Slide 17: Trailing-Twelve-Month Earnings Per Share
$1.60 $1.75 $1.83 $1.88 $1.94 $1.97 $2.03 $2.27 $2.66 $3.02 $3.40 $3.49 $3.68 $3.84 $3.96 $4.29 $4.43 $4.65 $4.79 $4.92 $5.14 $5.32 $5.67 $0.00 $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Earnings per Share TTM (GAAP $) Trailing-Twelve-Mon
Slide 18: Return on Equity vs Market Benchmarks
7% 11% 12% 15% 18% 19% 26% 27% 29% 0% 10% 20% 30% 40% 2017 2018 2019 2020 2021 2022 2023 2024 2025 YTD 2026 ROE Performance1 (GAAP) Return on Equity vs Market Benchmarks © The Bancorp | Investor Presentation, October 2026 18 The Bancorp, KBW Regional Banks, and Select Peers 3 36% KBW Regional Bank I
Slide 19: Stock Performance vs Market Benchmarks
Stock Performance vs Market Benchmarks © The Bancorp | Investor Presentation, October 2026 19 The Bancorp, S&P 500, NASDAQ, and KBW Bank indices The Bancorp has largely outperformed both broad market indices and the KBW Nasdaq bank index since 3Q 2021 89% 78% 30% S&P 500 KBW Bank Index 86% NASDAQ CA
Slide 20: Appendix
Appendix © The Bancorp | Investor Presentation, October 2026 20
Slide 21: Non-GAAP Financial Measures
Non-GAAP Financial Measures We use certain financial measures which are not calculated and presented in accordance with U.S. generally accepted accounting principles (“GAAP”). These measures are focused on adjusting certain metrics used to measure our performance to exclude the impact of items or ev
Slide 22: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures Three months ended Twelve months ended September 30, 2026 June 30, 2026 September 30, 2025 December 31, 2025 Net income, as reported $ 62,780 $ 60,656 $ 54,927 $ 228,213 Less: Fintech loan credit enhancement (39,997) (25,766) (39,790) (169,294) Less: Provision for
Slide 23: Reconciliation of Non-GAAP Measures (continued)
Reconciliation of Non-GAAP Measures (continued) © The Bancorp | Investor Presentation, October 2026 2021 2022 2023 2024 2025 2026 YTD Financial Metrics Prepaid, debit and credit card gross dollar volume (GDV) $ 104,415,457 $ 114,532,981 $ 133,052,546 $ 152,637,453 $ 178,211,646 $ 160,294,171 Results