Is The Bancorp, Inc. (Delaware) overvalued or undervalued?

As of 31 October 2025, the valuation grade for The Bancorp, Inc. (Delaware) moved from very expensive to expensive. The company appears to be overvalued based on its current valuation metrics. The P/E ratio stands at 11, which is significantly lower than the peer average of 15.42 for similar companies, while the Price to Book Value is 2.94, indicating a premium over book value. Additionally, the PEG ratio of 0.49 suggests that the stock may be undervalued relative to its earnings growth potential, yet the overall context points to overvaluation.
In comparison to its peers, Atlantic Union Bankshares Corp. has a P/E of 17.24, and Independent Bank Corp. (Massachusetts) has a P/E of 18.40, both indicating a higher valuation relative to The Bancorp. Despite a strong YTD return of 24.21% compared to the S&P 500's 16.30%, the recent one-week and one-month returns of -16.98% and -11.33% respectively highlight a concerning trend that reinforces the overvaluation narrative.