TBBK Bancorp, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q2 2026: $38M, Q1 2026: $38M, Q3 2025: $50M, Q2 2025: $101M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $38M vs trailing avg $63M (-40%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-135M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 13,153,162 shares = 31.1% of 42,355,361 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

21 open-market purchases by 3 insiders

• Cohn Matthew () bought 250 shares at $58.77 on 2026-05-04
• Cohn Matthew () bought 1,500 shares at $59.50 on 2026-05-01
• Cohn Matthew () bought 500 shares at $59.76 on 2026-05-01
• Cohn Matthew () bought 250 shares at $59.90 on 2026-05-01
• Canuso Dominic C (EVP & Chief Financial Officer) bought 1,000 shares at $55.00 on 2026-02-27
• Canuso Dominic C (EVP & Chief Financial Officer) bought 1,000 shares at $55.51 on 2026-02-27
• Cohn Matthew () bought 230 shares at $56.78 on 2026-02-12
• Cohn Matthew () bought 170 shares at $56.99 on 2026-02-11
• Cohn Matthew () bought 355 shares at $62.16 on 2026-02-10
• Cohn Matthew () bought 325 shares at $62.11 on 2026-02-10

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 4 quarters and 21 insider purchases by 3 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $0M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected