On September 13, 2023, Ryan Harris, the Executive Vice President and Head of Fintech Solutions at The Bancorp Inc (TBBK, Financial), sold 9,000 shares of the company. This move has sparked interest among investors and market analysts, prompting a closer look at the insider trading trends at The Bancorp Inc.
The Bancorp Inc, a financial holding company, provides a range of commercial and retail banking products and services to small and mid-sized businesses, and individuals in the United States. The company operates through two segments, Specialty Finance and Community Banking. The Specialty Finance segment provides securities-backed lines of credit, vehicle fleet and other equipment leasing, Small Business Administration (SBA), loans and loans generated for sale into securitization markets, such as automobile loans and leases, and equipment loans and leases. The Community Banking segment offers private label banking; credit and debit card payment processing for independent third-party payment processors and other companies; and institutional banking services, including…