The Bancorp Financial Overview
The Bancorp
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FINTECH SOLUTIONS: STABLE, LOWER-COST DEPOSIT GENERATOR
DEPOSIT GROWTH FROM
PAYMENTS BUSINESSES
AVERAGE DEPOSITS BY PERIOD (MILLIONS)
$5,564
$6,086 Other
$7,000
$6,500
$6,000
$5,500
$5,000
$4,500
$4,025
$3,819
$3,812
$3,862
$4,000
$3,500
$3,000
$2,500
$2,000
$1,500
$1,000
$500
$0
2016
2017
2018
2019
2020
Q2 YTD 2021
(Includes time deposits¹ and
other legacy deposit programs)
Institutional Banking
(checking and money market for
higher net worth individuals)
•
HIGHLIGHTS
Stable, lower-cost deposit base
anchored by multi-year, contractual
relationships in our payments
businesses
Fintech Solutions growth driven by
increased transactional volume due to
favorable tailwinds from stimulus,
electronic banking migration and
overall savings increases among
consumers
DEPOSIT TYPE (AVG².)
Demand & Int. checking
BALANCE % TOTAL
$5.6B
92%
Fintech Solutions Group
(Prepaid and Debit Card Issuance
and other payments)
Savings & money market
0.5B
8%
Time deposits¹
0%
Total
$6.1B
100%
Savings & Money Market
8%
Time Deposits
0%
COST OF DEPOSITS
0.30%
0.38%
0.67%
0.85%
0.12%
1 Time deposits have rarely been used due to lower cost deposit growth and previous balances are included in "Other". 2 Average for Q2 YTD 2021
0.11%
Demand & Int.
checking
92%View entire presentation