Livforsakringsbolaget Skandia, Omsesidigt 13F: Exits TBBK Stake

Livforsakringsbolaget Skandia closed out its entire position in The Bancorp, Inc. (TBBK), selling all 39,800 shares it held in the regional bank. The complete exit was revealed in a regulatory filing on October 21, 2026.

TBBK The Bancorp, Inc.

$51.20 ▼ -24.33% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Inside Livforsakringsbolaget Skandia's TBBK Trade

The fund's move involved liquidating all 39,800 shares of the financial holding company. Because the position was entirely closed, the transaction represents a 100% reduction, leaving the fund with zero shares.

Other Institutional Activity in The Bancorp

Other large institutional investors shifted their positions in the bank around the same reporting period. American Century Companies Inc grew its holdings by 940,917 shares, ending with 3,589,894 shares worth about $183.1 million. Nantahala Capital Management, LLC reduced its stake by 140,526 shares, leaving it with 1,239,887 shares valued at about $63.2 million. Brown Advisory Inc. grew its holdings by 222,783 shares to finish with 1,139,584 shares worth about $58.1 million. Jupiter Topco LLC opened a new position by adding 564,254 shares, holding 1,128,509 shares valued at about $57.6 million.

The Bancorp, Inc. Stock Holds Steady

The stock recently traded around $49.93 as of October 22, 2026. The shares sit well below their 52-week high of $80.56 and slightly above their 52-week low of $47.01. The current price is also below both its 50-day moving average of $56.19 and its 200-day moving average of $59.16.

Recent Earnings

The company posted $531.9 million in trailing-twelve-month revenue and $5.32 in trailing-twelve-month earnings per share. It generated a net profit margin of 43.6% and a return on equity of 29.6%. Investors look ahead to the next earnings release scheduled for October 29, 2026.

Insider Buying and Selling at The Bancorp, Inc.

Company insiders made several transactions earlier in the year. On April 28, 2026, Officer Maria Wainwright sold 8,400 shares at an average price of $60.24 for a total value of $506,020. General Counsel Erika R Caesar sold 4,470 shares on April 29, 2026, at $60.28 per share, totaling $269,452. Director Matthew Cohn bought 2,500 shares on May 4, 2026, valued at $148,798. Later, on August 6, 2026, Officer Martin F Egan sold 3,057 shares worth $220,195.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock across several dates. On July 9, 2026, Keefe, Bruyette & Woods upgraded the stock to an Outperform rating with a $77.00 price target. On August 3, 2026, Keefe, Bruyette & Woods reiterated its Outperform rating and raised its target to $79.00. Piper Sandler reiterated an Overweight rating on August 3, 2026, setting an $86.00 target, and later reiterated the Overweight rating on September 17, 2026, while adjusting the target to $75.00. Overall, the stock carries a consensus mean target price of $76.00 across three analyst opinions.

About The Bancorp

Headquartered in Wilmington, Delaware, The Bancorp, Inc. functions as the financial holding company for The Bancorp Bank, National Association. The institution provides various banking products and services throughout the United States, offering commercial accounts, checking, savings, and money market deposit products to its customers.

Bottom Line

Livforsakringsbolaget Skandia's complete exit highlights how institutional portfolios change position sizes over time. Market participants will monitor upcoming earnings results on October 29, 2026, to gauge the company's financial momentum.