The Bancorp, Inc.

Hello, everyone. Thank you for joining us and welcome to the Bancorp, Inc. Second Quarter 2026 Earnings Conference Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. I will now hand the conference over to Andres Viroslav. Andres, please go ahead.

Thank you, operator. Good morning and thank you for joining us today for the Bancorp Second Quarter 2026 Financial Results Conference Call. On the call with me today are Damian Kozlowski, Chief Executive Officer, and Dominic Canuso, our Chief Financial Officer. This morning's call is being webcast on our website at www.thebancorp.com. There will be a replay of the call available via webcast on our website beginning at approximately 12 p.m. Eastern Time today. Before I turn the call over to Damian, I would like to remind everyone that our comments and responses to questions reflect management's view As of today, July 31, 2026. 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 and 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. 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 $1.45 a share in the second quarter. EPS growth year-over-year was 14.2%. ROE was 34.7%, continuing on its upward path. The Bancorp already has an ROE roughly triple the average of the banking industry, and we expect sizable increases over the next three years. Consistent with our capital return philosophy, profitability increases are expected to be returned to our shareholders through share repurchases. In the last four and a half years, the Bancorp has returned the equivalent of 100% of equity capital base back to shareholders through buybacks. We expect that time frame to decrease to around three years over the next three years. After that, buying back the equivalent of our capital base in two years or less is a reasonable forecast. This results in annual EPS accretion of approximately 5% to 10%, depending on the price of shares purchased, and before a projected increase in net income, which should result in dramatic EPS accretion over the next five years. FinTech GDV continued to grow significantly above trend at 22.5% year over year for the second quarter of 26. FinTech revenue growth in the quarter, which includes both fee and spread revenue, was 21% year over year. Our three main FinTech initiatives that underpin our Apex 2030 Strategy continue to progress quickly and are well positioned for substantial long-term success. Our onboarding with new programs and expansion of current programs continues within or exceeding our targets. The Cash App program is now ramping up and should start contributing to GDP growth and profitability over the coming quarters, with more material contributions coming in late Q4 and Q1 of 27. Credit sponsorship balances continue to surpass our expectations. We anticipate announcing two new programs that, subject to implementation timing and other customary factors, would be expected to come online next six months. Embedded finance platform development continues with significant progress in building a robust, integrated platform connected to our one-of-a-kind ecosystem. We should soon make an announcement on our first embedded finance partner. Lastly, we are increasing our full-year guidance to a range of 595 to 605 EPS for 26. We are targeting a range of $165 to $175 a share in the fourth quarter of 26, and we are maintaining a preliminary guidance for $27 of $810 to $830 a share. Our guidance in 26 and 27 includes anticipated stock buybacks. 2026 buybacks are forecast to be $200 million total or $50 million a quarter, and we forecast future share repurchases to be near 100% of annual net income. We expect that our three main FinTech initiatives, along with platform efficiency and productivity gains from restructuring and AI tools, plus a high level of capital return through buybacks, will be the driving forces behind continued EPS accretion. EPS gains are subject to development implementation timelines in FinTech and our stock price for any future buybacks. And now turn the call over to our CFO, Dominic Canuso. Dominic?