The Bancorp, Inc. (NASDAQ: TBBK) (“the Company”) today announced that it received a letter from the NASDAQ Stock Market LLC (“Nasdaq”) advising the Company that because it had not yet filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2015 (the “Form 10-Q”) and remained delinquent in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2014 (the “Form 10-K”), the Company was not in compliance with Nasdaq’s Listing Rule 5250(c)(1).

A previous notice of non-compliance from Nasdaq with respect to the Form 10-K only, dated April 1, 2015, which the Company discussed in the Company’s Current Report on Form 8-K filed April 1, 2015 (the “April 8-K”), provided that the Company had 60 calendar days within which to file a plan to regain compliance. For a discussion thereof, see the Company’s April 8-K. See, also, the Company’s Current Report on Form 8-K filed May 11, 2015 (the “May 8-K”). On May 12, 2015 the Company submitted its plan to regain compliance, which covered both the Form 10-K and the Form 10-Q. As disclosed in the May 8-K, and as set forth in the plan, the Company expects to file both the Form 10-K and the Form 10-Q by the end of June 2015 and thereby regain compliance with Nasdaq Listing Rule 5250(c)(1).

About The Bancorp

With operations in the U.S. and Europe, The Bancorp (NASDAQ: TBBK) is dedicated to setting a new standard in financial services and payments innovation. The Bancorp specializes in providing private-label banking and technology solutions for non-bank companies ranging from entrepreneurial start-ups to those on the Fortune 500. The Bancorp Bank, one of The Bancorp’s financial institutions, has been recognized as a National Preferred SBA Lender, a top custodian of Health Savings Accounts, a top ACH Originator, one of the nation’s largest credit card transaction acquirers and is the leading issuer of prepaid cards. For more information please visit www.thebancorp.com.