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 metrics. Key ratios include a P/E ratio of 11, a Price to Book Value of 2.94, and an EV to EBITDA of 4.42, which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to peers, The Bancorp's P/E ratio of 11 is significantly lower than Atlantic Union Bankshares Corp. at 17.24 and Independent Bank Corp. (Massachusetts) at 18.40, indicating a relative undervaluation against these competitors. Despite recent stock performance showing a 26.75% return over the past year compared to the S&P 500's 19.89%, the overall valuation metrics suggest that the stock is not justified at its current price levels.