ATLANTA, GA – – (Globe Newswire – March 18, 2025) – – A shareholder class action lawsuit has been filed against The Bancorp, Inc. (“Bancorp” or the “Company”) (NASDAQ: TBBK). The lawsuit alleges that Defendants made false and/or misleading statements, as well as failed to disclose material facts regarding Bancorp’s business, operations, and prospects, including allegations that: (1) Bancorp had underrepresented the significant risk of default or loss on its REBL loan portfolio; (2) Bancorp’s current expected credit loss methodology was insufficient to account for the provision and/or allowance of credit losses; (3) as a result of the foregoing, Bancorp was reasonably likely to increase its provision for credit losses; (4) there was material weakness in its internal control over financial reporting; (5) its financial statements had not been approved by its independent auditor; and (6) as a result of the foregoing, the Company’s financial statements could not be relied upon.

If you bought shares of Bancorp between January 25, 2024 and March 4, 2025, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/the-bancorp/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is May 16, 2025.