The Bancorp (TBBK) announces CFO retirement

On March 28, 2025, Paul Frenkiel, 72, announced his retirement from his position as the Executive Vice President, Chief Financial Officer and Secretary of The Bancorp (NASDAQ: TBBK). The Company thanks Mr. Frenkiel for his many years of service. Pursuant to the terms of restricted stock unit awards granted under the 2020 Equity Incentive Plan and 2024 Equity Incentive Plan, Mr. Frenkiel’s unvested restricted stock units (of which 25,561 are unvested as of the date of the retirement) will vest on the one-year anniversary of Mr. Frenkiel’s retirement date.

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