TBBK Bancorp, Inc.

FY2025 10-K
Filed: Feb 25, 2026
Financials
National Commercial BanksSEC EDGAR

Bancorp, Inc. (TBBK) filed its fiscal year 2025 10-K annual report with the SEC on Feb 25, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Deposit funding sourced primarily from multi-year fintech partner relationships with payment, payroll, and government-based accounts
  • New senior debt issued: $200 million 7.375% senior notes due 2030, proceeds used to repay matured 4.75% senior notes and fund share repurchase program
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Management Discussion & Analysis

  • Revenue fintech fees $141.1M, up 21% YoY from $116.8M; total non-interest income $328.3M, up $170.8M YoY mainly from fintech credit enhancement
  • Net income $228.2M, up 5% YoY from $217.5M; net interest margin 4.31% vs 4.85% YoY, decreased 54bps due to fintech loan mix shift
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Risk Factors

  • Regulatory risk from potential balance sheet growth exceeding $10 billion, triggering enhanced supervisory requirements under federal banking regulations
  • Macroeconomic exposure to interest rate changes affecting deposit competition and liquidity, risking funding impairments and margin compression
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Financial Summary
XBRL

Revenue

$141M

Net Income

$228M

Net Margin

161.7%

ROE

33.1%

Total Assets

$9.4B

EPS (Diluted)

$4.92

Operating Cash Flow

$265M

Source: XBRL data from Bancorp, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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