The Bancorp (TBBK) Stumble Raises Questions About Loan Portfolio - Hagens Berman
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The Bancorp, Inc. (TBBK) experienced a significant drop in its stock price following the revelation that its financial statements are unreliable. This follows a warning from Culper Research a year prior.
March 13, 2025 | 8:00 pm
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The Bancorp, Inc. (TBBK) shares dropped significantly after the company admitted its financial statements are unreliable. This follows a warning from Culper Research a year ago.
The admission of unreliable financial statements is a critical issue for any company, leading to a loss of investor confidence and a sharp decline in stock price. The prior warning from Culper Research adds to the negative sentiment.
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