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Banks · Financial Services · Fiscal year ends Dec 31
Bancorp reported revenue of $141M in the fiscal year ended Dec 2025, up 20.8% from the year before. Net income was $228M. Operating cash flow of $265M less capital expenditure of $7M left free cash flow of $258M.
Ranks among the 61 banks companies we cover (1st = best; for debt, the least indebted). Green = top third, red = bottom third.
Last 5 fiscal years
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 7.5 | 86.2 | 99.2 | 117 | 141 |
| Net interest incomeBanks | 211 | 249 | 354 | 376 | 376 |
| Interest expense | 11.2 | 59.5 | 155 | 175 | 176 |
| Pre-tax income | 144 | 178 | 257 | 292 | 303 |
| Income tax | 33.7 | 47.7 | 64.5 | 74.6 | 74.8 |
| Net income | 111 | 130 | 192 | 218 | 228 |
| Diluted EPS | 1.88 | 2.27 | 3.49 | 4.29 | 4.92 |
| Diluted shares | 58.8 | 57.3 | 55.1 | 50.7 | 46.4 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | 602 | 888 | 1,038 | 570 | 113 |
| Net PP&E | 16.2 | 18.4 | 27.5 | 27.6 | 29.8 |
| Goodwill | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Total assets | 6,843 | 7,903 | 7,706 | 8,728 | 9,352 |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 199 |
| Long-term debt | 39.5 | 10.0 | 38.6 | 14.1 | – |
| DepositsBanks | 5,977 | 7,030 | 6,681 | 7,746 | 8,165 |
| Total liabilities | 6,191 | 7,209 | 6,898 | 7,938 | 8,663 |
| Shareholders' equity | 652 | 694 | 807 | 790 | 690 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | 83.9 | 120 | 187 | 210 | 265 |
| Capital expenditure | 1.5 | 5.1 | 12.7 | 5.0 | 7.1 |
| Free cash flow | 82.3 | 114 | 174 | 205 | 258 |
| Depreciation & amortisation | 3.3 | 3.3 | 3.5 | 4.2 | 4.6 |
| Stock-based compensation | 8.6 | 7.6 | 11.4 | 15.0 | 19.6 |
| Share buybacks | 40.0 | 60.0 | 100.0 | 252 | 378 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 1045.0% | 15.2% | 17.7% | 20.8% |
| EPS growth (YoY) | – | 20.7% | 53.7% | 22.9% | 14.7% |
| Net margin | 1470.3% | 151.1% | 193.8% | 186.3% | 161.7% |
| Return on equityBlank when equity is negative | 17.0% | 18.8% | 23.8% | 27.5% | 33.1% |
| Free cash flow margin | 1094.1% | 132.9% | 175.5% | 175.5% | 182.7% |
| Cash conversion (CFO ÷ net income) | 0.76x | 0.92x | 0.97x | 0.96x | 1.16x |
| Debt ÷ equity | 0.06x | 0.01x | 0.05x | 0.02x | – |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −562 | −878 | −999 | −556 | – |
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.