Shares of The Bancorp (TBBK) are experiencing a significant pre-market plunge of 6.89% on Friday, following the release of its third-quarter earnings report that fell short of analysts' expectations. The financial services company's disappointing results have led to a sharp sell-off in early trading.

According to the earnings report released late Thursday, The Bancorp reported Q3 earnings of $1.18 per diluted share, up from $1.04 in the same period last year. However, this figure missed the mark set by analysts, who had expected earnings of $1.34 per share. Similarly, the company's adjusted revenue for the quarter ended September 30 came in at $134.8 million, an increase from $125.8 million a year earlier, but significantly below the $162.3 million forecast by analysts surveyed by FactSet.

Despite the year-over-year growth in both earnings and revenue, the substantial miss on analysts' expectations has clearly unsettled investors. The pre-market plunge indicates that shareholders are reassessing their outlook on The Bancorp's performance and growth prospects in light of these results. As the market opens, it remains to be seen how the stock will fare throughout the regular trading session.