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The Bancorp TBBK Nondeductible per-diem paid to drivers

Nondeductible per-diem paid to drivers at other companies

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Schneider NationalSNDR
$750K
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Boston BeerSAM
$482.5K
CBIZ logo
CBIZCBZ
$482K+61.6%
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CalixCALX
$129.25K
SPS Commerce logo
SPS CommerceSPSC
$826.75K
Charles River Laboratories logo
Charles River LaboratoriesCRL
-5%-10.2pp

Other financials

Income statement

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Revenue$161.3M-8.0%
Net income$60.1M+5.1%
EPS (diluted)$1.41+18.5%

Balance sheet

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Cash & equivalents$67.2M-93.4%
Total debt$483.6M+3,357%
Total equity$697.0M-16.0%
Total assets$9.9B+5.5%

Cash flow

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Operating cash flow$85.2M-9.8%
CapEx$468.0K-38.8%
Free cash flow$84.8M-9.6%

Valuation

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Market cap$2.46B-10.7%
Enterprise value$2.88B+75.1%
P/E10.7×-2.0×
P/S3.6×-1.1×

Profitability

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Gross margin100%
Net margin33.5%-3.8pp
FCF margin52.2%+11.7pp

Returns & leverage

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Return on equity30.3%+3.8pp
Debt / equity0.7×+0.7×

Where this comes from

Reported directly by The Bancorp in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment.

The official record: The Bancorp’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Bancorp's nondeductible per-diem paid to drivers?
The Bancorp (TBBK) reported nondeductible per-diem paid to drivers of $14.25K in Q4 2024.
How has The Bancorp's nondeductible per-diem paid to drivers changed year-over-year?
The Bancorp's nondeductible per-diem paid to drivers decreased by 30.5% year-over-year, from $20.5K to $14.25K.
What is the long-term trend for The Bancorp's nondeductible per-diem paid to drivers?
Over 3 years (2021 to 2024), The Bancorp's nondeductible per-diem paid to drivers has grown at a 33.4% compound annual growth rate (CAGR), from $24K to $57K.
What does nondeductible per-diem paid to drivers mean?
Represents expenses that are recognized for financial reporting purposes but are not permitted as deductions for income tax calculations. This creates a permanent difference that increases the effective tax rate compared to the statutory rate. Tracking this helps investors identify costs that do not provide tax shield benefits.