← Bancorp, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | ($96.5m) | $21.7m | $88.7m | $51.6m | $80.1m | $110.7m | $130.2m | $192.3m | $217.5m | $228.2m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($56.8m) | $17.3m | $87.5m | $51.3m | $80.6m | $110.4m | $130.2m | $192.3m | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($39.7m) | $4.3m | $1.1m | $291k | ($512k) | $212k | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($39.7m) | $4.3m | $1.1m | $291k | ($512k) | $212k | — | — | — | — | |
| Depreciation and amortization | $5.0m | $4.5m | $4.0m | $3.7m | $3.2m | $2.9m | $2.9m | $3.1m | — | — | |
| Depreciation, Depletion and Amortization | $6.4m | $6.0m | $5.5m | $5.2m | $3.8m | $3.3m | $3.3m | $3.5m | $4.2m | $4.6m | |
| Amortization of Intangible Assets | $1.4m | $1.5m | $1.5m | $1.5m | $556k | $398k | $398k | $398k | — | — | |
| Depreciation | $5.0m | $4.5m | $4.0m | $3.7m | $3.2m | $2.9m | $2.9m | $3.1m | $4.2m | $4.6m | |
| Depreciation, Nonproduction | — | — | — | — | — | — | — | — | $4.2m | $4.7m | |
| Deferred Income Tax Expense (Benefit) | ($14.4m) | $20.8m | $15.8m | $1.6m | ($1.4m) | $1.4m | $5.9m | ($5.7m) | $2.3m | ($9.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $2.8m | $3.2m | $3.5m | $5.7m | $6.4m | $8.6m | $7.6m | $11.4m | $15.0m | $19.6m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | $6.4m | $8.6m | $7.6m | $11.4m | $15.0m | $19.6m | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | $8.3m | $38.4m | $178.3m | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($6k) | ($122k) | ($15k) | — | — | — | — | — | $53k | $2k | |
| Gain (Loss) on Disposition of Business | — | ($3.4m) | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($12.7m) | $23.1m | $32.2m | $21.2m | $27.7m | $33.7m | $47.7m | $64.5m | $74.6m | $74.8m | |
| Operating Lease, Expense | — | — | — | — | — | $3.6m | $3.7m | $4.3m | $5.4m | $5.1m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Other Operating Assets | $10.0m | $27.2m | $8.2m | $10.4m | ($2.4m) | $17.0m | $1.8m | $38.5m | $26.2m | ($17.7m) | |
| Provision for Loan, Lease, and Other Losses | $3.4m | $2.9m | $3.6m | $4.4m | $6.1m | $2.5m | $5.7m | $8.5m | $40.0m | $177.7m | |
| Increase (Decrease) in Other Operating Liabilities | $27.3m | $6.4m | $8.7m | $10.9m | $9.5m | ($18.4m) | ($5.3m) | $12.5m | ($1.0m) | $7.3m | |
| Gain (Loss) on Sales of Loans, Net | $2.9m | $17.9m | $20.5m | $24.1m | ($3.9m) | $14.9m | $13.5m | $3.7m | $2.7m | $1.8m | |
| Proceeds from Stock Options Exercised | — | — | $112k | $258k | $866k | $3.4m | $320k | — | — | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | $41k | — | — | ($7k) | ($6k) | ($4k) | ($2k) | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $3.1m | $1.8m | $979k | $963k | ($3.6m) | ($285k) | ($6.1m) | ($3.1m) | ($683k) | — | |
| Gain (Loss) on Sale of Mortgage Loans | ($2.9m) | $17.9m | $20.8m | $25.0m | $1.7m | $12.9m | $18.6m | $7.0m | $3.7m | $1.8m | |
| Gain (Loss) Related to Litigation Settlement | — | ($2.3m) | $290k | ($8.9m) | — | — | — | — | — | — | |
| Goodwill | — | — | — | — | — | — | — | — | — | $263k | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | $7.5m | — | — | $116.8m | $141.1m | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | ($4.0m) | ($2.0m) | ($668k) | $1.5m | $4k | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $3.2m | $2.2m | $41k | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | ($218.0m) | ($34.1m) | ($174.2m) | ($493.1m) | ($512.2m) | $83.9m | $121.0m | $186.7m | $227.7m | $265.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $8.0m | $515k | $2.4m | $2.0m | $3.7m | $1.5m | $5.1m | $12.7m | $5.0m | $7.1m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $3.9m | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($99.0m) | ($78.3m) | $84.7m | ($233.3m) | ($595.8m) | ($305.9m) | ($828.1m) | $415.6m | ($1.5b) | ($1.1b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $213.7m | $278.3m | $207.7m | $173.9m | $233.8m | $492.3m | $161.1m | $71.1m | $242.7m | $304.9m | |
| Proceeds from Issuance of Common Stock | $74.8m | ($200k) | — | — | — | — | — | $104k | — | $2.1m | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $40.0m | $60.0m | $100.0m | $252.4m | $378.3m | |
| Net Cash Provided by (Used in) Financing Activities | $160.8m | $22.3m | ($265.1m) | $1.1b | $509.0m | $478.3m | $993.5m | ($452.4m) | $812.7m | $341.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $601.8m | $888.2m | $1.0b | $570.1m | $112.6m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $15.3m | $27.0m | $37.5m | $13.3m | $11.7m | $57.6m | $156.3m | $173.8m | $172.6m | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $69.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.