KBRA Releases Surveillance Report for The Bancorp, Inc.

2 Sep 2025   |   New York

Contacts

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.

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About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

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