KBRA Releases Surveillance Report for The Bancorp, Inc.

25 Aug 2023   |   New York

Contacts

On August 4, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Wilmington, Delaware based The Bancorp, Inc. (NASDAQ: TBBK) (“the company”). Additionally, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for the lead subsidiary, The Bancorp Bank, National Association. The Outlook for all long-term ratings is Positive.

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