(Updates with recent stock movement in headline and first paragraph.)
Bancorp (TBBK) shares were down more than 16% in recent trading on Friday after the company reported Q3 earnings and adjusted revenue that missed analysts' consensus estimates.
The company reported Q3 earnings late Thursday of $1.18 per diluted share, up from $1.04 a year earlier.
Two analysts polled by FactSet expected $1.34.
Adjusted revenue for the quarter ended Sept. 30 was $134.8 million, up from $125.8 million a year earlier.
Two analysts surveyed by FactSet expected $162.3 million.
Price: 64.80, Change: -12.40, Percent Change: -16.06