The Bancorp ranked 28 on Fortune’s 100 Fastest-Growing Companies list
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WILMINGTON – The Bancorp, Inc. (TBBK) has announce it has been named number 28 on Fortune’s 100 Fastest-Growing Companies list for 2020. The company is the top-ranked commercial bank this year as well as the only company headquartered in Delaware. The list ranks the world’s top performing, publicly-traded companies in revenues, profits, and stock returns over a three-year period.
“We are incredibly proud to see The Bancorp ranked among other well-respected companies,” said Damian Kozlowski, CEO at The Bancorp in a statement. “As a company, our core focus is to advance the future of the banking industry and this goal is only achievable with consistent growth.”
The Bancorp’s growth continues. On Friday, October 30, 2020, The Bancorp held its Q3 financial results conference call. The company reported that revenue increased 28% in the third quarter and a 13% net income growth from continuing operations, outperforming its Q3 2019 results.
“The Bancorp has been able to maintain its consistent growth by delivering best-in-class service to our partners and our ability to develop new products and services to help meet the needs of new customers,” continues Kozlowski in the statement. “We expect to continue this positive momentum and are looking forward to The Bancorp’s bright future.”
