Press Release|Financial Institutions
KBRA Releases Surveillance Report for The Bancorp, Inc.
19 Aug 2024 | New York
On August 2, 2024, 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). 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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