The Bancorp Ranks Among “Soaring 76” Companies

10/1/19

WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (NASDAQ: TBBK) is proud to announce it has been named number 27 on the Philadelphia Business Journal’s annual Soaring 76 list of the fastest-growing companies in the Greater Philadelphia Region. With a growth rate of 44.44%, The Bancorp is also the top-rated bank on the list.

The Soaring 76 list is largely determined by revenue growth in a three-year time period from 2016 through 2018. This year, an estimated 230 companies were submitted to the eligibility pool.

“We are honored to be the top ranked bank on this year’s Soaring 76 list,” said Damian Kozlowski, President, and CEO. “Our growth is a reflection of our team’s collective commitment and innovation to meet our clients’ changing needs in a rapidly evolving banking industry. We will continue to invest in growth and focus on bringing value to all the members of The Bancorp community.”

The Philadelphia Business Journal recognized the Soaring 76 companies at an awards program on September 26.

About The Bancorp

The Bancorp, Inc. (NASDAQ: TBBK) is dedicated to serving the unique needs of non-bank financial service companies, ranging from entrepreneurial start-ups to those on the Fortune 500. The company’s subsidiary, The Bancorp Bank (Member FDIC, Equal Housing Lender), has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards (US), a top merchant sponsor bank and a top ACH originator. Specialized lending distinctions include SBA National Preferred Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial vehicle leasing groups in the nation. For more information please visit www.thebancorp.com.

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