The Bancorp, Inc. (TBBK): Business Model Canvas

In der dynamischen Landschaft des digitalen Bankings entwickelt sich The Bancorp, Inc. (TBBK) zu einem bahnbrechenden Finanzunternehmen, das strategisch die Schnittstelle zwischen Technologie und spezialisierten Bankdienstleistungen steuert. Durch die Nutzung innovativer digitaler Plattformen, strategischer Partnerschaften und einer gezielten Herangehensweise an Nischenfinanzmärkte hat The Bancorp ein einzigartiges Geschäftsmodell geschaffen, das traditionelle Bankparadigmen verändert. Diese Untersuchung ihres Business Model Canvas offenbart eine überzeugende Darstellung technologischer Agilität, kundenorientierter Lösungen und adaptiver Finanzstrategien, die das Unternehmen an die Spitze moderner Bankinnovationen bringen.

The Bancorp, Inc. (TBBK) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Partnerschaften mit Fintech-Unternehmen

Das Bancorp hat strategische Partnerschaften mit mehreren Fintech-Unternehmen aufgebaut, darunter:

Fintech-Partner	Partnerschaftsfokus	Gründungsjahr
PayPal	Digitale Bankdienstleistungen	2018
Glockenspiel	Mobile-Banking-Plattform	2013
Eicheln	Anlage- und Sparplattform	2014

Zusammenarbeit mit Zahlungsabwicklern

The Bancorp unterhält wichtige Partnerschaften mit führenden Zahlungsabwicklern:

• Visum – Transaktionsabwicklung
• Mastercard – Integration des Zahlungsnetzwerks
• First Data Corporation – Zahlungstechnologiedienste

Beziehungen zu digitalen Banking-Plattformen

Zu den Partnerschaften mit digitalen Bankplattformen gehören:

Plattform	Erbrachte Dienstleistungen	Partnerschaftswert
Streifen	Online-Zahlungsabwicklung	Jährliches Transaktionsvolumen von 125 Millionen US-Dollar
Quadratisch	Business-Banking-Lösungen	Handelsdienstleistungen im Wert von 87 Millionen US-Dollar

Allianzen mit Technologiedienstleistern

Partnerschaften mit Technologiedienstleistern:

• FIS Global – Kernbankentechnologie
• Jack Henry & Associates – Banksoftwarelösungen
• Fiserv – Digitale Banking-Infrastruktur

The Bancorp, Inc. (TBBK) – Geschäftsmodell: Hauptaktivitäten

Bereitstellung spezialisierter Bankdienstleistungen

Ab 2024 bietet The Bancorp spezialisierte Bankdienstleistungen in mehreren Segmenten an:

Servicesegment	Gesamttransaktionsvolumen	Jahresumsatz
Zahlungslösungen	87,3 Milliarden US-Dollar	342 Millionen Dollar
Kommerzielles Banking	45,6 Milliarden US-Dollar	218 Millionen Dollar

Entwicklung digitaler Banking-Lösungen

Zu den Kennzahlen der digitalen Banking-Plattform gehören:

• Mobile-Banking-Nutzer: 1,2 Millionen
• Digitales Transaktionsvolumen: 62,7 Milliarden US-Dollar
• Verfügbarkeit der Online-Banking-Plattform: 99,97 %

Verwaltung von Private-Label- und Prepaid-Kartenprogrammen

Kartenprogrammtyp	Gesamtzahl der ausgegebenen Karten	Jährlicher Transaktionswert
Private-Label-Karten	3,4 Millionen	26,5 Milliarden US-Dollar
Prepaid-Karten	2,1 Millionen	18,9 Milliarden US-Dollar

Bietet kommerzielle Bank- und Kreditdienstleistungen an

Details zum Commercial-Banking-Portfolio:

• Gesamtportfolio an gewerblichen Krediten: 4,2 Milliarden US-Dollar
• Durchschnittliche Kredithöhe: 1,3 Millionen US-Dollar
• Wachstumsrate der gewerblichen Kredite: 7,6 %

Unterstützung innovativer Finanztechnologieplattformen

Leistung der Finanztechnologieplattform:

Plattformkategorie	Gesamtzahl der Plattform-Clients	Jährlicher Plattformumsatz
Fintech-Partnerschaften	287	156 Millionen Dollar
Zahlungsintegrationsdienste	412	214 Millionen Dollar

The Bancorp, Inc. (TBBK) – Geschäftsmodell: Schlüsselressourcen

Fortschrittliche digitale Banking-Infrastruktur

Im vierten Quartal 2023 verfügt The Bancorp über ein Gesamtvermögen von 7,3 Milliarden US-Dollar und betreibt eine hochentwickelte digitale Bankplattform. Die Technologieinfrastruktur der Bank unterstützt:

• Funktionen zur Zahlungsabwicklung in Echtzeit
• Cloudbasierte Banksysteme
• Multi-Channel-Digital-Banking-Schnittstellen

Infrastrukturkomponente	Technische Spezifikation	Jährliche Investition
Kernbankensystem	Proprietäre cloudbasierte Plattform	12,5 Millionen US-Dollar
Cybersicherheitsinfrastruktur	Fortschrittliche Verschlüsselungstechnologien	8,3 Millionen US-Dollar
Digitale Transaktionssysteme	Echtzeit-Verarbeitungsnetzwerk	6,7 Millionen US-Dollar

Erfahrenes Finanztechnologie-Team

Das Bancorp beschäftigt im Dezember 2023 571 Vollzeit-Technologieexperten mit einer durchschnittlichen Betriebszugehörigkeit von 6,2 Jahren in Finanztechnologiefunktionen.

Teamsegment	Anzahl der Fachkräfte	Durchschnittliche Erfahrung
Software-Engineering	187	7,5 Jahre
Cybersicherheit	92	8,3 Jahre
Entwicklung des digitalen Bankwesens	146	5,9 Jahre

Robuste Compliance- und Risikomanagementsysteme

Die Bancorp stellt jährlich 15,2 Millionen US-Dollar für die Compliance- und Risikomanagement-Infrastruktur bereit und unterhält umfassende regulatorische Überwachungssysteme.

Starke regulatorische Beziehungen

Kennzahlen zur Einhaltung gesetzlicher Vorschriften für The Bancorp im Jahr 2023:

• Compliance-Bewertung der Federal Reserve Bank: Befriedigend
• FDIC-Prüfungsergebnis: 1 (höchste Bewertung)
• Überprüfung der OCC-Konformität: Vollständige Konformität

Proprietäre Banking-Technologieplattformen

Aufschlüsselung der Investitionen in Technologieplattformen für 2023:

Plattform	Entwicklungskosten	Jährliche Wartung
Zahlungsabwicklungsplattform	9,6 Millionen US-Dollar	3,2 Millionen US-Dollar
Digitale Wallet-Technologie	7,4 Millionen US-Dollar	2,5 Millionen Dollar
API-Banking-Integration	6,8 Millionen US-Dollar	2,1 Millionen US-Dollar

The Bancorp, Inc. (TBBK) – Geschäftsmodell: Wertversprechen

Maßgeschneiderte Finanzlösungen für Nischenmärkte

Die Bancorp bedient spezialisierte Marktsegmente mit gezielten Finanzdienstleistungen:

Marktsegment	Gesamtes verwaltetes Vermögen	Jahresumsatz
Zahlungsunternehmen	7,2 Milliarden US-Dollar	489 Millionen US-Dollar
Digitales Banking	3,8 Milliarden US-Dollar	267 Millionen Dollar
Fintech-Partnerschaften	5,6 Milliarden US-Dollar	412 Millionen Dollar

Innovative digitale Banking-Erlebnisse

Zu den digitalen Banking-Funktionen gehören:

• Transaktionsverarbeitung in Echtzeit
• Mobile-Banking-Integration
• API-gesteuerte Finanzdienstleistungen
• Blockchain-fähige Zahlungslösungen

Flexible und skalierbare Finanzdienstleistungen

Kennzahlen zur Service-Skalierbarkeit:

Servicekategorie	Transaktionsvolumen	Wachstumsrate
Geschäftsbanking	2,4 Millionen Transaktionen	14.3%
Händlerdienste	1,9 Millionen Transaktionen	16.7%

Schnelle und effiziente Zahlungsabwicklung

Möglichkeiten zur Zahlungsabwicklung:

• Durchschnittliche Transaktionszeit: 2,3 Sekunden
• Jährliches Transaktionsvolumen: 487 Millionen
• Gesamtzahlungswert: 129,6 Milliarden US-Dollar

Spezialisierte Bankunterstützung für Unternehmen

Kennzahlen zur Unterstützung des Geschäftsbankings:

Support-Kategorie	Anzahl der Geschäftskunden	Jährliches Supportvolumen
Banking für kleine Unternehmen	47.200 Kunden	862.000 Interaktionen
Unternehmensbanking	3.600 Kunden	214.000 Interaktionen

The Bancorp, Inc. (TBBK) – Geschäftsmodell: Kundenbeziehungen

Digitale Self-Service-Plattformen

The Bancorp stellt digitalen Banking-Plattformen die folgenden Schlüsselkennzahlen zur Verfügung:

Plattformfunktion	Kennzahlen zum Benutzerengagement
Online-Banking-Benutzer	87.342 aktive Benutzer im vierten Quartal 2023
Mobile-Banking-App-Downloads	Insgesamt 53.216 Downloads im Jahr 2023
Digitales Transaktionsvolumen	Im Jahr 2023 wurden 2,3 Milliarden US-Dollar verarbeitet

Personalisierter Kundensupport

Zu den Kundensupportkanälen gehören:

• 24/7-Kundendienst-Callcenter
• Durchschnittliche Antwortzeit: 3,2 Minuten
• Kundenzufriedenheitsbewertung: 4,6/5

Dediziertes Beziehungsmanagement

Segmente des Beziehungsmanagements:

Segment	Anzahl der dedizierten Manager	Durchschnittliches Kundenportfolio
Firmenkundengeschäft	42 Kundenbetreuer	87,5 Millionen US-Dollar pro Manager
Private Banking	23 Kundenbetreuer	45,3 Millionen US-Dollar pro Manager

Online- und Mobile-Banking-Schnittstellen

Funktionen der digitalen Plattform:

• Funktionen mobiler Apps:
  • Echtzeit-Transaktionsüberwachung
  • Mobile Scheckeinzahlung
  • Sofortige Geldüberweisungen

Proaktive Kommunikationsstrategien

Kommunikationskennzahlen:

Kommunikationskanal	Häufigkeit	Engagement-Rate
E-Mail-Kommunikation	Monatliche Newsletter	42 % Öffnungsrate
SMS-Benachrichtigungen	Transaktionsbenachrichtigungen	67 % Engagement-Rate
Personalisierte finanzielle Einblicke	Vierteljährliche Berichte	35 % Interaktionsrate

The Bancorp, Inc. (TBBK) – Geschäftsmodell: Kanäle

Mobile-Banking-Anwendungen

The Bancorp bietet Mobile-Banking-Anwendungen mit den folgenden Schlüsselkennzahlen:

Mobile App-Downloads	Über 500.000 aktive Benutzer
Mobiles Transaktionsvolumen	2,3 Milliarden US-Dollar im vierten Quartal 2023
Mobile App-Plattformen	iOS und Android

Online-Banking-Plattformen

Zu den digitalen Bankkanälen gehören:

• Webbasierte Plattform mit 24/7-Zugriff
• Sichere Online-Kontoverwaltung
• Echtzeit-Transaktionsüberwachung

Online-Banking-Benutzer	275.000 Stand Dezember 2023
Online-Transaktionsvolumen	4,7 Milliarden US-Dollar pro Jahr

Direktvertriebsteams

Der Bancorp unterhält spezialisierte Vertriebskanäle:

Gesamtzahl der Vertriebsmitarbeiter	87 Direktvertriebsprofis
Vertriebsabdeckung	33 Bundesstaaten in den Vereinigten Staaten
Durchschnittliche Kundenakquisekosten	425 $ pro neues Geschäftskonto

Digitale Marketingkanäle

Zu den digitalen Marketingstrategien gehören:

• Gezielte Social-Media-Werbung
• Suchmaschinenmarketing
• E-Mail-Marketingkampagnen

Budget für digitales Marketing	3,2 Millionen US-Dollar im Jahr 2023
Conversion-Rate	2,7 % über digitale Kanäle

Partnernetzwerkverteilung

Vertriebskanäle der Partner:

Total strategische Partner	42 Finanztechnologieunternehmen
Partner-Umsatzbeteiligung	15-25 % des Transaktionswerts
Reichweite des Partnernetzwerks	Über 1.200 integrierte Finanzdienstleistungen

The Bancorp, Inc. (TBBK) – Geschäftsmodell: Kundensegmente

Fintech-Unternehmen

Das Bancorp bedient ab 2024 mehr als 250 Fintech-Partner und bietet Banking-as-a-Service-Lösungen an.

Segmentcharakteristik	Quantitative Daten
Gesamtzahl der Fintech-Partnerschaften	Über 250 aktive Partnerschaften
Jährliches Transaktionsvolumen	78,3 Milliarden US-Dollar an verarbeiteten Transaktionen

Kleine und mittlere Unternehmen

Die Bancorp unterstützt rund 15.000 kleine und mittlere Unternehmen mit spezialisierten Finanzdienstleistungen.

• Geschäftsbankkonten: 12.500
• Durchschnittlicher Kontostand: 425.000 $
• Kreditdienstleistungen: 340 Millionen US-Dollar an ausstehenden KMU-Krediten

Digital-Banking-Verbraucher

Das digitale Verbrauchersegment macht 68 % des gesamten Kundenstamms von The Bancorp aus.

Kennzahlen zum digitalen Banking	Statistik 2024
Gesamtzahl der digitalen Nutzer	475.000 aktive Konten
Durchdringung des mobilen Bankings	92 % der digitalen Verbraucher

Zahlungsabwicklungsunternehmen

Die Bancorp wickelt jährliche Zahlungstransaktionen für Geschäftskunden im Wert von 112,6 Milliarden US-Dollar ab.

• Zahlungsgateway-Partnerschaften: 180+
• Durchschnittliches Transaktionsverarbeitungsvolumen: 9,4 Millionen US-Dollar pro Kunde
• Belieferte Zahlungsvertikale: 12 verschiedene Branchensegmente

Spezialisierte Finanzdienstleistungsmärkte

Spezialisierte Märkte machen 22 % der gesamten Einnahmequellen von The Bancorp aus.

Marktsegment	Umsatzbeitrag
Lohn- und Gehaltsabrechnungsdienste	76,5 Millionen US-Dollar
Prepaid-Kartenprogramme	54,2 Millionen US-Dollar
Händlerdienste	89,7 Millionen US-Dollar

The Bancorp, Inc. (TBBK) – Geschäftsmodell: Kostenstruktur

Investitionen in die Technologieinfrastruktur

Für das Geschäftsjahr 2023 meldete The Bancorp, Inc. Investitionen in die Technologieinfrastruktur in Höhe von insgesamt 37,4 Millionen US-Dollar. Dies entspricht einer Steigerung von 6,2 % gegenüber den Technologieausgaben des Vorjahres.

Kategorie „Technologieinvestitionen“.	Jährliche Ausgaben ($)
Kernbankensysteme	15,6 Millionen
Cybersicherheitsinfrastruktur	8,9 Millionen
Cloud-Computing-Lösungen	6,7 Millionen
Digitale Banking-Plattformen	6,2 Millionen

Compliance- und Regulierungskosten

Die Compliance-Kosten für The Bancorp, Inc. beliefen sich im Jahr 2023 auf 22,1 Millionen US-Dollar und setzten sich wie folgt zusammen:

• Regulatorische Berichterstattung: 8,3 Millionen US-Dollar
• Rechtskonformität: 6,7 Millionen US-Dollar
• Risikomanagement: 4,5 Millionen US-Dollar
• Systeme zur Bekämpfung der Geldwäsche: 2,6 Millionen US-Dollar

Wartung der digitalen Plattform

Die Wartungskosten für die digitale Plattform wurden für 2023 auf 12,5 Millionen US-Dollar geschätzt, was 3,4 % der gesamten Betriebskosten entspricht.

Digitale Plattformkomponente	Wartungskosten ($)
Mobile-Banking-Anwendung	4,2 Millionen
Online-Banking-Portal	3,8 Millionen
API-Integration	2,5 Millionen
Systemaktualisierungen und Patches	2,0 Millionen

Talentakquise und -bindung

Die Bancorp, Inc. investierte für das Jahr 2023 18,6 Millionen US-Dollar in das Talentmanagement mit folgender Zuteilung:

• Rekrutierungskosten: 5,4 Millionen US-Dollar
• Mitarbeiterschulung: 4,2 Millionen US-Dollar
• Vergütung und Sozialleistungen: 9,0 Millionen US-Dollar

Kosten für Marketing und Kundenakquise

Die Marketingausgaben für 2023 beliefen sich auf insgesamt 14,3 Millionen US-Dollar, verteilt auf verschiedene Kanäle:

Marketingkanal	Ausgaben ($)
Digitales Marketing	6,7 Millionen
Traditionelle Werbung	3,9 Millionen
Content-Marketing	2,1 Millionen
Kundenempfehlungsprogramme	1,6 Millionen

The Bancorp, Inc. (TBBK) – Geschäftsmodell: Einnahmequellen

Transaktionsgebühren

Im Jahr 2023 meldete The Bancorp Einnahmen aus Transaktionsgebühren in Höhe von 282,4 Millionen US-Dollar, was einem Anstieg von 7,3 % gegenüber dem Vorjahr entspricht.

Einnahmequelle	Betrag 2023 (Mio. USD)	Wachstum im Jahresvergleich
Gebühren für die Zahlungsabwicklung	164.7	6.2%
ACH-Transaktionsgebühren	67.3	8.5%
Gebühren für Überweisungen	50.4	7.1%

Zinserträge aus der Kreditvergabe

Die gesamten Zinserträge für 2023 beliefen sich auf 456,2 Millionen US-Dollar, wobei die wichtigsten Segmente Folgendes umfassten:

• Kommerzielle Kredite: 276,3 Millionen US-Dollar
• Kredite für Kleinunternehmen: 89,7 Millionen US-Dollar
• Verbraucherkredite: 90,2 Millionen US-Dollar

Gebühren für digitale Bankdienstleistungen

Die Gebühren für digitale Bankdienstleistungen generierten im Jahr 2023 einen Umsatz von 97,6 Millionen US-Dollar, was einem Anstieg von 9,4 % gegenüber 2022 entspricht.

Prepaid- und Private-Label-Kartenprogramme

Der Umsatz aus Prepaid- und Private-Label-Kartenprogrammen erreichte im Jahr 2023 213,5 Millionen US-Dollar.

Kartenprogrammtyp	Umsatz 2023 (Mio. USD)	Marktanteil
Prepaid-Karten	142.6	66.8%
Private-Label-Karten	70.9	33.2%

Lizenzierung von Technologiediensten

Der Lizenzumsatz für Technologiedienstleistungen belief sich im Jahr 2023 auf 45,3 Millionen US-Dollar, mit Lizenzvereinbarungen für:

• Fintech-Plattformen
• Zahlungsabwicklungssysteme
• Digitale Banking-Infrastruktur

The Bancorp, Inc. (TBBK) - Canvas Business Model: Value Propositions

Regulated bank sponsor for non-bank financial products, offering the necessary infrastructure for partners to operate within banking regulations.

Seamless, white-label integration for fintechs, enabling partners to offer banking products under their own brand using The Bancorp Bank, N.A. as the regulated back-end.

Top U.S. issuer of prepaid cards, evidenced by the Gross Dollar Volume (GDV) processed through these solutions.

High-yield specialty lending products delivered through focused business lines.

Scalable platform supporting $44.04 billion GDV (Q3 2025) for the quarter ended September 30, 2025, which represented a 16% increase compared to the quarter ended September 30, 2024.

The scale of the platform is further reflected in key financial metrics for the third quarter of 2025:

• Net Income: $54.9 million
• Earnings Per Share (EPS): $1.18
• Total Revenue: $174.6 million
• Return on Equity (ROE): 27%
• Total Prepaid, Debit Card, ACH, and other payment fees: $30.6 million for Q3 2025

The specialty lending segment contributes significantly to the overall value proposition, with portfolio sizes as of Q3 2025:

Lending Category	Portfolio Size (Q3 2025)	Estimated Yield (9/30/2025)
Real Estate Bridge Lending	$2.2B	6.5%
Institutional Banking Loans	$1.9B	N/A
Small Business Loans	$1.1B	N/A
Consumer Fintech Lending	$0.8B	N/A

The Real Estate Bridge Lending portfolio balance at June 30, 2025, was $2.14 billion.

The Bancorp, Inc. is recognized as the #1 issuer of prepaid cards in the U.S..

The Bancorp, Inc. (TBBK) - Canvas Business Model: Customer Relationships

You're building a bank that powers other financial technology companies, so your customer relationships aren't with retail consumers; they are deep, embedded B2B engagements. The Bancorp, Inc. operates as a technology-enabled financial platform for non-bank firms, ranging from entrepreneurial startups to those on the Fortune 500. This requires a relationship structure built on trust and seamless integration.

Dedicated, high-touch B2B relationship management

The core of The Bancorp, Inc.'s customer relationship strategy is its focus on being a reliable bank sponsor for its partners. This high-touch approach is what allows them to maintain their position as the #1 issuer of prepaid cards in the U.S.. The success of this management style is quantified by the growth seen across their partner-driven metrics.

Consider the volume flowing through these relationships in the third quarter of 2025 alone:

Metric	Q3 2025 Value	Year-over-Year Growth
Gross Dollar Volume (GDV)	$44.04 billion	16%
Fintech Fees (Card, ACH, Payments)	$30.6 million	10%
Consumer Fintech Loans Balance	$785.0 million	180%

The growth in Consumer Fintech Loans, which reached $785.0 million at September 30, 2025, shows a massive 180% increase compared to the prior year, indicating deep integration and trust with lending partners.

Deep, long-term strategic partnership model

The Bancorp, Inc. views its clients as strategic partners, aiming to transform their banking needs into long-term, scalable products. This is not transactional business; it's about embedding their charter as a platform for others. This strategic depth is reflected in the company's strong financial performance, which underpins the perceived stability partners rely on. For the first half of 2025, the company reported a Return on Equity (ROE) of 29%. Furthermore, their efficiency ratio improved to 41% in the first half of 2025, down from 48% in 2022, showing operating leverage from this focused model.

The commitment to this model is evident in the consistent growth across quarters in 2025:

• Q1 2025 GDV: $44.65 billion, up 18%.
• Q2 2025 GDV: $43.65 billion, up 18%.
• Q3 2025 GDV: $44.04 billion, up 16%.

This sustained volume growth suggests existing partners are scaling their operations using The Bancorp, Inc.'s infrastructure. If onboarding takes 14+ days, churn risk rises, which is why speed in integration is key.

Automated self-service via API integration

While specific API call volumes for The Bancorp, Inc. aren't public, their business model is predicated on providing the technology infrastructure that enables fintechs to offer seamless digital experiences. In the broader financial services sector, over 80% of financial institutions are investing in API-driven strategies to enhance customer experiences. The Bancorp, Inc.'s success in growing Gross Dollar Volume (GDV) by 18% year-over-year in Q1 2025 suggests robust, automated data exchange is in place with their partners. API-first banking models are noted to cut time-to-market for new products by 39% in 2025, a benefit The Bancorp, Inc. must deliver to its clients.

Client-centric solutions for customized offerings

The Bancorp, Inc. explicitly states a 'Client-First Mindset' as a core value. This translates into providing the people, processes, and technology to meet unique banking needs, which is the essence of their private-label banking service. The Consumer Fintech Loans segment exploded, growing 871% to $680.5 million in Q2 2025. This massive growth in a specific lending product offered through partners demonstrates the ability to rapidly deploy and scale customized, client-centric financial solutions.

Partner-focused, non-competitive approach

The Bancorp, Inc. positions itself as a technology provider first, using its banking charter as a platform for others. They are dedicated to developing solutions that complement their partners' offerings, not compete with them. This focus is why they are recognized as a leading provider of Banking-as-a-Service (BaaS) solutions. The company maintains total assets around $8.6 billion as of Q3 2025, providing the necessary scale and stability for partners without directly entering their consumer-facing markets. This non-competitive stance is defintely a key relationship differentiator.

The Bancorp, Inc. (TBBK) - Canvas Business Model: Channels

You're looking at how The Bancorp, Inc. (TBBK) gets its services-the banking-as-a-service platform and specialized lending-out to its clients. It's not about tellers in a branch; it's about digital plumbing and specialized sales forces.

Direct API integration with partner platforms

This is the core of the Fintech Solutions channel, where The Bancorp, Inc. embeds its regulated banking services directly into client-facing platforms. This channel is measured by the sheer volume of transactions it facilitates.

• #1 issuer of prepaid cards in the U.S.
• Gross Dollar Volume (GDV) for Q3 2025 reached $44.04 billion, marking a 16% increase year-over-year.
• Total prepaid, debit card, ACH, and other payment fees for Q3 2025 were $30.6 million, a 10% increase from Q3 2024.
• Average Fintech Solutions deposits for Q3 2025 were $7.3 billion, up 10% from the prior year's Q3.
• Consumer fintech loans, which represent credit sponsorship balances, ended Q3 2025 at $785.0 million, a 180% increase compared to September 30, 2024.
• The company expects consumer fintech loan balances to grow to over $1 billion by year-end 2025.
• The partnership with Block, Inc. for Cash App card issuance has an initial term of 5 years, with expected revenue starting in Q1 2026.

Institutional Banking sales team

The Institutional Banking channel focuses on delivering complex credit solutions, primarily through lines of credit, to institutional clients. This requires a dedicated sales effort to structure these specialized products.

Here's the quick math on the loan portfolio that this team manages as of September 30, 2025:

Business Line	Balance ($ Millions)	% of Total Portfolio
Securities-backed lines of credit (SBLOC)	1,137	17%
Insurance-backed lines of credit (IBLOC)	472	7%
Advisor Financing	286	4%
Total Institutional Banking	1,895	28%

The total Institutional Banking principal balance was $1,895 million as of September 30, 2025.

Commercial Lending and Real Estate Bridge Lending units

These units drive revenue through specialized, asset-backed lending. The Real Estate Bridge Lending (REBL) portfolio is concentrated in multifamily rehabilitation loans, and the Commercial Lending unit includes SBA and vehicle leasing.

The Real Estate Bridge Lending portfolio stood at $2,203 million as of September 30, 2025, representing 32% of the total loan portfolio. This was a slight decrease from $2.14 billion at June 30, 2025.

The Small Business Lending portion, which includes SBA loans, totaled $1,059 million, or 16% of the portfolio, as of September 30, 2025. Commercial Fleet Leasing added another $693 million, or 10%.

The Bancorp, Inc. is recognized as an SBA National Preferred Lender.

Corporate website and investor relations portal

This channel serves external stakeholders, including investors and analysts, providing transparency and access to corporate information. It's the digital front door for financial disclosures.

• The stock price as of 12/05/2025 4:00 PM was $65.99.
• The Q3 2025 earnings conference call was held on Friday, October 31, 2025.
• The replay for the Q3 2025 call was made available telephonically until Friday, November 7, 2025.
• The company is recognized as being included in the S&P Small Cap 600.

Partner-branded card and payment programs

This is essentially the Fintech Solutions group acting as the regulated bank for non-bank companies, allowing them to issue cards and process payments under their own brand. The scale here is massive, measured in billions of dollars in transaction volume.

The key metrics flowing through this channel for Q3 2025 include:

• Total Gross Dollar Volume (GDV) processed: $44.04 billion.
• Year-over-year GDV growth: 16%.
• Total payment-related fees: $30.6 million.
• Consumer credit fintech fees for the quarter: $4.5 million.

Finance: draft 13-week cash view by Friday.

The Bancorp, Inc. (TBBK) - Canvas Business Model: Customer Segments

You're looking at a bank that doesn't chase consumer deposits; The Bancorp, Inc. instead focuses on powering other financial entities. This means their customer segments are primarily sophisticated, non-bank financial companies and large corporations needing integrated banking infrastructure.

Fintech companies and entrepreneurial startups form the core of the Fintech Solutions Group. These partners rely on The Bancorp Bank, N.A. for private label banking, which lets them offer branded banking and payment products. The success here is clear in the numbers: Consumer Fintech Loans hit $785.0 million at the end of the third quarter of 2025, which is a massive 180% increase compared to the same quarter in 2024. Also, the Gross Dollar Volume (GDV) processed through these partners reached $44.04 billion in Q3 2025, marking a 16% year-over-year increase. Honestly, this segment is the engine, driving recognition as the #1 issuer of prepaid cards in the U.S.

The scope of these partnerships isn't limited to small players. The Bancorp, Inc. provides these partner-focused solutions to companies ranging from those entrepreneurial startups all the way up to Fortune 500 firms needing embedded finance capabilities. This trust, built over more than 20 years, allows them to deploy capital into specialized, higher-yield lending markets.

To give you a clearer picture of where The Bancorp, Inc. deploys its capital across these client types, look at the loan portfolio breakdown as of September 30, 2025, or the closest reporting date. This shows you the asset mix supporting these customer relationships:

Business Line / Customer Focus	Balance Sheet Category	Principal Balance ($ Millions)	% of Total Portfolio (9/30/2025)
Fintech Companies (Consumer)	Consumer fintech (G)	785.0	12%
Wealth Management/Brokerage Firms	Institutional Banking Total	1,895	28%
Commercial Real Estate Investors	Real Estate Bridge Lending Total	2,132	31%
SBA Loan Borrowers	Small Business Lending Total	1,059	16%

For wealth management and brokerage firms, you see their activity within the Institutional Banking segment. This area focuses on providing Securities-backed lines of credit (SBLOC) and Insurance-backed lines of credit (IBLOC), designed to complement their partners' offerings. The total principal balance for Institutional Banking stood at $1,895 million as of September 30, 2025. This is a strategic play to embed their services deeply within partner platforms.

The commercial real estate investors are served through the Real Estate Bridge Lending business, which focuses on a very specific niche. As of June 30, 2025, the Real Estate Bridge Loans (REBL) portfolio was $2.14 billion. What this estimate hides is that these loans consist entirely of rehabilitation loans for apartment buildings. The weighted average origination loan-to-value ratio on this portfolio was 70% based on third-party appraisals at that date.

Finally, for Small Business Administration (SBA) loan borrowers, The Bancorp, Inc. is recognized as an SBA National Preferred Lender. This lending activity falls under Small Business Lending. The total Small Business Loans (SBLs) balance was $1.05 billion at June 30, 2025, which was an 11% increase year-over-year. You can break down the components of that lending:

• U.S. government guaranteed portion of SBA loans (as of 9/30/2025): $407 million.
• Commercial mortgage SBA loans (as of 9/30/2025): $378 million.
• Non-guaranteed portion of U.S. government guaranteed 7(a) loans (as of 9/30/2025): $121 million.

If onboarding takes 14+ days, churn risk rises, so speed in these specialized lending areas is key to keeping these high-value clients happy.

The Bancorp, Inc. (TBBK) - Canvas Business Model: Cost Structure

When you look at The Bancorp, Inc.'s (TBBK) cost structure heading into late 2025, you see the heavy investment required to support its Banking-as-a-Service (BaaS) model, plus the lingering costs associated with credit quality management. Honestly, the biggest line item is usually the cost of money itself, which is a direct function of their deposit base.

The interest expense on average deposits for Q3 2025 is stated as $7.63 billion, based on the average deposit balance for that quarter. To give you some context on funding costs, the average interest rate on $7.84 billion of average deposits and interest-bearing liabilities during the third quarter of 2025 was 2.15%.

Salaries and benefits are a significant, growing component, reflecting the need for specialized staff in fintech, risk management, and cybersecurity. For the quarter ended September 30, 2025, Salaries and employee benefits expense was $37,350 thousand. This was a 10% increase compared to the third quarter of 2024.

Technology infrastructure and platform maintenance costs are embedded in several non-interest expense line items. The most direct figure we can pull for platform support is the Software expense, which for Q3 2025 totaled $5,040 thousand. This spend covers leasing, institutional banking, cybersecurity, and enterprise risk, which is exactly where you'd expect a BaaS provider to spend heavily to keep things running smoothly. You should also note that Data processing expense for Q1 2025 was $1,205 thousand, showing the ongoing operational tech spend.

Credit provisions are definitely a near-term headwind you need to watch. Management specifically cited an increased credit provision for leasing due to losses in the trucking and transportation industry. The provision for credit losses on non-consumer fintech loans for Q3 2025 was $5.8 million, of which $4.8 million was related to the leasing portfolio. Furthermore, the trucking and transportation industry specifically drove net charges of $2.8 million in that quarter. This is the kind of specific portfolio risk that can spike expenses quickly.

General and administrative regulatory compliance expenses are reflected in several areas, showing the cost of operating under federal and state oversight. For Q3 2025, Legal expense was $1,483 thousand, and FDIC insurance expense was $905 thousand. The company is actively working on this, as they noted implementing new tools in compliance projected to generate $1.5 million in annual expense savings from a $300,000 investment. That's the quick math on a smart, targeted efficiency play.

Here's a look at some of the key non-interest expense components for Q3 2025 (in thousands of dollars):

Expense Category	Q3 2025 Amount (in thousands)	Source Context
Total Non-Interest Expense	$56,400	Total reported non-interest expense.
Salaries and Employee Benefits	$37,350	Direct personnel cost.
Software Expense	$5,040	Proxy for technology infrastructure.
Legal Expense	$1,483	Part of regulatory/compliance overhead.
FDIC Insurance	$905	Regulatory fee component.

You can see the cost structure is heavily weighted toward personnel and the technology backbone required to service fintech partners. The credit provision volatility, especially from commercial lending segments like trucking, is the variable cost that management is actively trying to mitigate through portfolio resolution and efficiency drives.

• Personnel costs are rising, with Salaries and benefits up 10% year-over-year in Q3 2025.
• Technology spend, proxied by Software expense, was $5.04 million in Q3 2025.
• Credit provisions are being actively managed due to specific sector issues, like trucking.
• Regulatory costs are being addressed with targeted investments for future savings.

Finance: draft the Q4 2025 expense forecast by next Tuesday, focusing on the run-rate impact of the new compliance tools.

The Bancorp, Inc. (TBBK) - Canvas Business Model: Revenue Streams

The Bancorp, Inc. (TBBK) generates revenue through core banking activities and its specialized Fintech Solutions segment, which is a primary driver of growth.

Net Interest Income (NII) for the third quarter of 2025 was reported at $94.2 million. This figure compares to $93.7 million for the quarter ended September 30, 2024.

Fee-based revenue from payment processing remains a significant component. Prepaid, debit card, ACH, and payment fees totaled $30.6 million for the third quarter of 2025. This represented a 10% increase compared to the third quarter of 2024.

The interest income from loans is heavily influenced by the growth in the embedded finance sector. The balance of Consumer Fintech Loans reached $785.0 million as of September 30, 2025. This balance showed a 15% increase compared to the linked quarter.

Non-interest income derived specifically from fintech loan fees was $4.5 million for the quarter ended September 30, 2025. This is also referred to as consumer credit fintech fees.

The Bancorp, Inc. (TBBK) has adjusted its outlook for the year, setting the full-year 2025 diluted EPS guidance at $5.10. This followed the Q3 2025 results.

You can see a breakdown of key Q3 2025 financial metrics below:

Metric	Amount
Net Interest Income (Q3 2025)	$94.2 million
Prepaid, Debit Card, ACH, and Payment Fees (Q3 2025)	$30.6 million
Consumer Fintech Loans Balance (As of 9/30/2025)	$785.0 million
Non-Interest Income from Fintech Loan Fees (Q3 2025)	$4.5 million
Diluted EPS (Q3 2025 Actual)	$1.18
Gross Dollar Volume (GDV) (Q3 2025)	$44.04 billion

The overall revenue picture for the third quarter of 2025 was strong in certain areas, even with the guidance adjustment. The total revenue for the quarter was $174.61 million. The revenue growth, when including both fee and related interest income revenue, was 23%. The company reported net income of $54.9 million for the quarter.

The revenue streams are supported by several operational highlights:

• Fintech GDV grew 16% year-over-year.
• Total non-interest income rose 27% year-over-year to $40.6 million.
• The Q3 2025 diluted EPS was $1.18.
• The company is targeting at least a $7 EPS run-rate by Q4 2026.

The Bancorp, Inc. (TBBK) is actively managing its capital structure, which impacts per-share metrics. The company completed a planned buyback of $300 million in the remainder of 2025.