The Bancorp, Inc.

only mode. Following the presentation, we will conduct a question and answer session. If anyone has any difficulties hearing the conference, please press star zero for operator assistance at any time. I would now like to turn the conference call over to Andres Wierswab. Please go ahead.

Thank you, operator. Good morning, and thank you for joining us today for the Bancorp Second Quarter 2025 Financial Results Conference Call. On the call to me today are Damian Kozlowski, Chief Executive Officer of and Marty Egan, our interim chief financial officer. This morning's call is being webcast on our website at www.thebankcorp.com. There will be a replay of the call available via webcast on our website beginning at approximately 12 p.m. Eastern time today. The dial-in for the replay is 1-888-660-6264 with a passcode of 45285. Before I turn the call over to Damian, I would like to remind everyone that There are comments and responses to questions reflects management's view as of today, July 25th, 2025. Yesterday, we issued our second quarter earnings release and updated investor presentation. Both are available on our investor relations website. We will make certain forward-looking statements on this call. These statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions we mentioned today. These factors or uncertainties are discussed in our reports and filings with the Securities and Exchange Commission. In addition, we will be referring to certain non-GAAP financial measures during this call. Additional details and reconciliations of GAAP to adjusted non-GAAP financial measures are in the earnings release and the investor presentation. Please note that the Bancorp undertakes no obligation to publicly release the results of any revisions to forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Now, I'd like to turn the call over to the Bancorp's Chief Executive Officer, Damian Kozlowski. Damian?

Thank you, Andres. Good morning, everyone. The Bancorp earned $1.27 per diluted share in the second quarter on year-over-year revenue growth of 11%, excluding FinTech loan credit and enhancement income, with expense growth year-over-year of 11%. EPS growth was 21% year-over-year. Our FinTech ecosystem continued to be the driver of revenue growth. GDB climbed 18% year-over-year, with total fee and related interest income growth from all fintech activities grew 30%. On July 14th, we announced a five-year expansion of our relationship with Block, in which we added debit and prepaid card issuance and related services for Cash App customers. Subject to program implementation timelines, the additional services are expected to begin as early as the first quarter of 26th, And we expect this program to enhance growth of GDV and fees into the future. We also announced a substantial increase to our share repurchase program over the next 18 months to 500 million, beginning in the third quarter of 25. This buyback will be funded by quarterings growth and replacement of maturing senior unsecured debt at the Bancorp Holding Company of 100 million aggregate outstanding with approximately 200 million of new senior unsecured debt at the Bancor Holding Company. We anticipate that $300 million of shares will be purchased for the remainder of 2025. This is an increase of $225 million, or 300% over the current buyback of $75 million for the last two quarters of 2025. In 2026, $200 million worth of shares are planned to be purchased, with $50 million of purchases each quarter. Lastly, we are continuing to maintain our guidance of 525 earnings per share for 2025. We also are announcing Project 7, a project in which we are targeting at least a $7 earnings per share run rate by the end of 26. We plan to accomplish this goal through fintech revenue growth, buybacks of shares, and efficiency and productivity gains by reallocating and or reducing resources where appropriate. I now turn the call over to Marty Egan, our interim CFO.