bearish

Bancorp Inc (TBBK) - Thursday, Dec 7, 2023

194 Views08 Mar 2024 06:04
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SUMMARY
  • Author recommends shorting TBBK due to stretched valuation, unsustainable earnings, vulnerable loan book, and signs of aggressive accounting
  • TBBK benefits from a cheap deposit base and generates revenue through transaction fees on prepaid cards and interest income from lending activities
  • TBBK competes with various financial institutions in specialty lending lines such as real estate bridge loans, SBLOC, IBLOC, advisor financing, small business loans, and direct lease financing

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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