KBRA Releases Surveillance Report for The Bancorp, Inc.
2 Sep 2025 | New York
On August 1, 2025, KBRA upgraded the senior unsecured debt rating to BBB+ from BBB, upgraded the subordinated debt rating to BBB from BBB-, and upgraded the short-term debt rating to K2 from K3 for Wilmington, Delaware-based The Bancorp, Inc. (NASDAQ: TBBK). In addition, KBRA upgraded the deposit and senior unsecured debt ratings to A- from BBB+ and upgraded the subordinated debt rating to BBB+ from BBB for its main subsidiary, The Bancorp Bank, National Association ("the bank"). Moreover, KBRA affirmed the short-term deposit and debt ratings of K2 for the bank. The Outlook for all long-term ratings was revised to Stable from Positive following the upgrade.
To access ratings and relevant documents, click here.
Click here to view the report.