Bancorp ( (TBBK) ) has released a notification of late filing.
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The Bancorp, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the lack of final approval from their independent public accounting firm, Crowe LLP, and the previous firm, Grant Thornton LLP, for the audit opinions and consents necessary for the report. Additionally, the company needs to complete further closing procedures related to accounting for consumer fintech loans. Bancorp expects to file the report within the 15-day extension period allowed by Rule 12b-25. The company has indicated that there will be no significant changes in financial results from the previous year. Forward-looking statements in the notification highlight potential risks and uncertainties. The notification was signed by Paul Frenkiel, the Chief Financial Officer and Secretary, who is overseeing the compliance efforts.
More about Bancorp
YTD Price Performance: 7.99%
Average Trading Volume: 448,256
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.68B
See more data about TBBK stock on TipRanks’ Stock Analysis page.