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KBRA Releases Surveillance Report for The Bancorp, Inc.

NEW YORK--(BUSINESS WIRE)--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.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Bryan So, Director
+1 301-969-3246
bryan.so@kbra.com

Joe Scott, Senior Managing Director
+1 646-731-2438
joe.scott@kbra.com

Jason Szelc, Senior Director
+1 301-969-3174
jason.szelc@kbra.com

Business Development Contact
Justin Fuller, Senior Director
+1 646-731-1250
justin.fuller@kbra.com

Industry:

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI
Release Versions
English
Hashtags
#KBRA
#creditratingagency

Contacts

Bryan So, Director
+1 301-969-3246
bryan.so@kbra.com

Joe Scott, Senior Managing Director
+1 646-731-2438
joe.scott@kbra.com

Jason Szelc, Senior Director
+1 301-969-3174
jason.szelc@kbra.com

Business Development Contact
Justin Fuller, Senior Director
+1 646-731-1250
justin.fuller@kbra.com

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