TBBK's Loan Portfolio Under Scrutiny Amid Stumble

The Bancorp, Inc. (NASDAQ: TBBK) Stumble Raises Questions About Loan Portfolio: Hagens Berman

Washington D.C. – March 25, 2023 – Hagens Berman Sobel LLP, a leading investor rights law firm, announced today that it is investigating The Bancorp, Inc. (NASDAQ: TBBK) over concerns that the company may have made false or misleading statements about its loan portfolio.

On March 23, 2023, The Bancorp, Inc. reported a significant decline in its loan portfolio, which sent the company's stock price tumbling. The decline in loan value has raised questions about the company's loan underwriting and risk management practices, as well as its ability to accurately value its loan portfolio.

"We are investigating The Bancorp, Inc. to determine whether the company's recent loan portfolio decline was the result of improper loan underwriting, inadequate risk management, or other improper practices," said Reed Kathrein, the firm's co-founder and managing partner. "Investors who purchased TBBK stock and suffered losses as a result of the company's allegedly false or misleading statements may be entitled to compensation."

Hagens Berman is a leading investor rights law firm with a proven track record of protecting investors from corporate wrongdoing. The firm's investigation is ongoing, and investors who purchased TBBK stock are encouraged to contact the firm to learn more about their rights and potential remedies.

About Hagens Berman Sobel LLP Hagens Berman Sobel LLP is a leading investor rights law firm with a proven track record of protecting investors from corporate wrongdoing. The firm's attorneys have a deep understanding of the financial markets and have successfully prosecuted numerous cases on behalf of investors. For more information, visit www.hbsslaw.com.