BLK
BlackRock, Inc.
BLK has lower modeled downside risk, despite its lower overall score.
TBBK
The Bancorp, Inc.
TBBK has the edge over BLK overall, supported by stronger valuation and stronger modeled upside.
BLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BLK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BLK.
TBBK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
TBBK's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like TBBK.
BLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $848 | -30% |
| Fair | 22x | $973 | -20% |
| Expensive | 26x | $1,149 | -5.5% |
| Current | 28x | $1,217 | — |
Historical ranges are pointers, not guarantees.
BLK's PE is in its expensive range at 28x.
TBBK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 7x | $48.40 | — |
| Current | 8.5x | $48.40 | — |
| Cheap | 10x | $59.07 | +22% |
| Fair | 13x | $71.22 | +47% |
| Expensive | 15x | $83.37 | +72% |
Historical ranges are pointers, not guarantees.
TBBK has the edge over BLK in the historical PE scenario, which offers more potential upside but is not a forecast.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
TBBK Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect TBBK's earnings to grow and its profitability to improve, with its revenue holding steady.
BLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $43.87 | +11% |
| Q2 2026 | $41.73 | -0.4% |
| Q1 2026 | $39.73 | -4.7% |
| Q4 2025 | $35.31 | -17% |
| Q3 2025 | $39.42 | -2.7% |
| Q2 2025 | $41.89 | +4% |
| Q1 2025 | $41.69 | +5.9% |
| Q4 2024 | $42.53 | +16% |
BLK earned $43.87 per share over the past year, up 11% from the year before.
TBBK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.88 | +21% |
| Q3 2026 | $5.67 | +19% |
| Q2 2026 | $5.32 | +15% |
| Q1 2026 | $5.14 | +16% |
| Q4 2025 | $4.92 | +15% |
| Q3 2025 | $4.78 | +21% |
| Q2 2025 | $4.64 | +21% |
| Q1 2025 | $4.42 | +20% |
| Q4 2024 | $4.29 | +23% |
TBBK has the edge over BLK on earnings, with more consistent year-over-year improvement.
BLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8B | +19% |
| Q2 2026 | $7.1B | +31% |
| Q1 2026 | $6.7B | +27% |
| Q4 2025 | $7B | +23% |
| Q3 2025 | $6.5B | +25% |
| Q2 2025 | $5.4B | +13% |
| Q1 2025 | $5.3B | +12% |
| Q4 2024 | $5.7B | +23% |
BLK has the edge over TBBK on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | 0 points |
| Q2 2026 | 35% | +2.8 points |
| Q1 2026 | 42% | +9.8 points |
| Q4 2025 | 24% | -13 points |
| Q3 2025 | 30% | -8.6 points |
| Q2 2025 | 32% | -5.5 points |
| Q1 2025 | 32% | -3.6 points |
| Q4 2024 | 37% | +2.3 points |
BLK's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
TBBK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $175.9M | +0.7% |
| Q2 2026 | $163.5M | -9.8% |
| Q1 2026 | $161.3M | -8% |
| Q4 2025 | $172.6M | +8.2% |
| Q3 2025 | $174.6M | +39% |
| Q2 2025 | $181.2M | +46% |
| Q1 2025 | $175.4M | +42% |
| Q4 2024 | $159.6M | +34% |
TBBK's revenue has held roughly level: $176M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 41% | -1.1 points |
| Q2 2026 | 50% | +5.5 points |
| Q1 2026 | 49% | +5.9 points |
| Q4 2025 | 43% | -4.4 points |
| Q3 2025 | 42% | -13 points |
| Q2 2025 | 44% | -14 points |
| Q1 2025 | 43% | -18 points |
| Q4 2024 | 48% | -1.9 points |
TBBK has the edge over BLK on profitability, with a higher operating margin.
BLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +95% |
| Q2 2026 | $1.1B | -12% |
| Q1 2026 | -$1.1B | +$120M |
| Q4 2025 | $2.1B | -15% |
| Q2 2025 | $1.3B | -6.1% |
| Q1 2025 | -$1.2B | -$734M |
| Q4 2024 | $2.5B | +35% |
| Q2 2024 | $1.4B | +47% |
BLK has the edge over TBBK on cash flow, with more consistent year-over-year improvement.
TBBK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $24.4M | -69% |
| Q2 2026 | $34.4M | -60% |
| Q1 2026 | $84.8M | -36% |
| Q4 2025 | -$36.8M | -144% |
| Q3 2025 | $77.6M | +55% |
| Q2 2025 | $85.4M | +460% |
| Q1 2025 | $131.7M | +79% |
| Q4 2024 | $83.7M | +37% |
TBBK's free cash flow was $107M over the past year, down 72% from the year before. Free cash flow isn't a meaningful measure for financial services companies like TBBK.
BLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -148K shares |
| 1 year | -0.4% | -677K shares |
| 3 years | +9.3% | +14M shares |
| 5 years | +6.2% | +9.6M shares |
| Available history | +4.4% | +7M shares |
BLK has 165M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | $396M |
| Q1 2025 | $657M |
| Q4 2024 | $386M |
| Q2 2024 | $519M |
| Q1 2024 | $634M |
| Q4 2023 | $384M |
| Q3 2023 | $396M |
| Q2 2023 | $383M |
TBBK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -645K shares |
| 1 year | -12% | -5.4M shares |
| 3 years | -25% | -13.6M shares |
| 5 years | -30% | -17.5M shares |
| Available history | -28% | -16.2M shares |
TBBK has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $50.5M |
| Q2 2026 | $50.5M |
| Q1 2026 | $50.3M |
| Q4 2025 | $151.5M |
| Q3 2025 | $151.3M |
| Q2 2025 | $37.9M |
| Q1 2025 | $37.7M |
| Q4 2024 | $50.5M |
TBBK spent $303M buying back its own shares over the past year, up 9.2% from the year before.
BLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 0.1x | Very low |
BLK has the edge over TBBK on leverage, with a lower net debt burden relative to earnings.
TBBK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.9x | Elevated |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 1.9x | Healthy |
| Q4 2025 | 0.9x | Very low |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | -0.8x | Net Cash |
| Q1 2025 | -3.1x | Net Cash |
| Q4 2024 | -1.9x | Net Cash |
TBBK's net debt is about 3.9 years of its operating earnings (EBITDA), up from 1.7 years a year ago. Net leverage isn't a meaningful measure for financial services companies like TBBK.
BLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.5 | Neutral |
| Stochastic | 79.0 | Neutral |
BLK's weekly RSI is 64 (neutral) and its Stochastic is 79 (neutral).
TBBK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.9 | Neutral |
| Stochastic | 8.3 | Oversold |
TBBK's weekly RSI is 37 (neutral) and its Stochastic is 8 (oversold).
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK is trading at 28x earnings, a 113% premium to the Financial Services sector's median of 13x.
TBBK PE vs Financial Services Sector
| Metric | TBBK | Sector median | Relative |
|---|---|---|---|
| PE | 8.5x | 13x | 34% below |
| PE % | 3 | 63 | 60 pts below |
TBBK has the edge over BLK on valuation relative to its sector.
BLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,128.0 | 7.9% above |
| 20 week MA | $1,108.9 | 9.7% above |
| 50 week MA | $1,071.6 | 14% above |
| 100 week MA | $1,051.1 | 16% above |
| 200 week MA | $914.1 | 33% above |
BLK has the edge over TBBK on trend strength, trading above more of its moving averages.
TBBK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.9 | 1.1% below |
| 20 week MA | $58.2 | 17% below |
| 50 week MA | $59.2 | 18% below |
| 100 week MA | $59.5 | 19% below |
| 200 week MA | $49.3 | 1.8% below |
TBBK is in a downtrend: it's below all five of its weekly moving averages, and 1.8% below its 200-week average.
BLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $503.0 | $707.2 | +41% |
| 2021 | $707.2 | $913.9 | +29% |
| 2022 | $913.9 | $703.9 | -23% |
| 2023 | $703.9 | $811.8 | +15% |
| 2024 | $811.8 | $1,044.2 | +29% |
| 2025 | $1,044.2 | $1,088.1 | +4.2% |
| 2026 YTD | $1,088.1 | $1,216.6 | +12% |
BLK has the edge over TBBK on returns for 2026, with the stronger performance.
TBBK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.9 | $13.5 | +4.6% |
| 2021 | $13.5 | $24.8 | +85% |
| 2022 | $24.8 | $29.0 | +17% |
| 2023 | $29.0 | $38.6 | +33% |
| 2024 | $38.6 | $53.6 | +39% |
| 2025 | $53.6 | $69.9 | +30% |
| 2026 YTD | $69.9 | $48.4 | -31% |
TBBK has finished every year since 2020 higher, and it's down 31% so far in 2026.