The Bancorp, Inc. Announces $50M Stock Offering

The Bancorp, Inc.

announced today that it has commenced a public offering of approximately $50 million of its common stock. The shares will be issued pursuant to a prospectus supplement filed as part of an existing shelf registration statement filed with the Securities and Exchange Commission on Form S-3. The Company expects to use the net proceeds from this offering for general corporate purposes, including the support of its ongoing and future anticipated growth.