TBBK Aug 2024 30.000 put
- Reuters
Fed penalizes Evolve Bank for failing to manage fintech partnership risk
The Federal Reserve announced Friday it had ordered Evolve Bancorp Inc to bolster its risk management programs around fintech partnerships as well as anti-money laundering laws. The Fed said in a statement that a 2023 examination of the Arkansas-based bank found insufficient policies in place. It added that the new enforcement action, which did not come with a fine, was independent from bankruptcy proceedings regarding Synapse Financial Technologies, Inc., which the bank had partnered with.
- Business Wire
The Bancorp Welcomes Mark Tryniski to Its Board of Directors
WILMINGTON, Del., June 11, 2024--The Bancorp, Inc. (NASDAQ: TBBK) and its wholly-owned subsidiary The Bancorp Bank, N.A. (collectively, the "Company") recently announced that Mark Tryniski has joined the Company’s Board of Directors. The appointment took effect on May 29, 2024. The addition of Tryniski reflects recent changes in the composition of the Company’s board, following the departure of John Eggemeyer.
- Zacks
Wall Street Analysts Predict a 43.07% Upside in The Bancorp (TBBK): Here's What You Should Know
The consensus price target hints at a 43.1% upside potential for The Bancorp (TBBK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
