COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
TBBK
The Bancorp, Inc.
TBBK's fundamentals are mixed, but it looks cheap: trading at 8.5x earnings, below its usual 13x. Analysts expect strong earnings growth.
COIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
COIN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like COIN.
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.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
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's PE is in its cheap range at 8.5x. If earnings grow as analysts expect, today's price would be 7.0x next year's earnings.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect COIN's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
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.
COIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.36 | — |
| Q3 2026 | -$2.77 | -124% |
| Q2 2026 | -$3.78 | -137% |
| Q1 2026 | $2.72 | -49% |
| Q4 2025 | $4.45 | -53% |
| Q3 2025 | $11.54 | +94% |
| Q2 2025 | $10.32 | +82% |
| Q1 2025 | $5.32 | +4.1% |
| Q4 2024 | $9.48 | +2462% |
COIN has swung to a loss: it lost $2.77 per share over the past year, after a profit 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 COIN on earnings quality, reporting a profit while its opponent remains loss making.
COIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -35% |
| Q2 2026 | $1.2B | -19% |
| Q1 2026 | $1.4B | -31% |
| Q4 2025 | $1.8B | -22% |
| Q3 2025 | $1.9B | +55% |
| Q2 2025 | $1.5B | +3.3% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +138% |
COIN's revenue has slid since its 2021 peak: $1.2B last quarter, down 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | -21 points |
| Q2 2026 | -9.3% | -7.7 points |
| Q1 2026 | -1.5% | -36 points |
| Q4 2025 | 15% | -30 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -1.6% | -25 points |
| Q1 2025 | 35% | -12 points |
| Q4 2024 | 46% | +33 points |
COIN's operating margin was 5.1% last quarter, down 21 points from the same quarter a year ago.
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 has the edge over COIN on sales, with more consistent year-over-year improvement.
| 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 COIN on profitability, with a higher operating margin.
COIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405.5M | +$1.2B |
| Q2 2026 | $197.3M | -40% |
| Q1 2026 | $182.7M | +$365.5M |
| Q4 2025 | $3.1B | +218% |
| Q3 2025 | -$784.5M | -213% |
| Q2 2025 | $328.5M | -32% |
| Q1 2025 | -$182.7M | -144% |
| Q4 2024 | $964.6M | +$969.8M |
COIN's free cash flow was $3.9B over the past year, more than ten times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like COIN.
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.
COIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.3% | +24.6M shares |
| 1 year | -1.4% | -4M shares |
| 3 years | +21% | +50.7M shares |
| 5 years | +15% | +37.4M shares |
| Available history | +330% | +221M shares |
COIN has 288M diluted shares, down 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.3M |
| Q2 2026 | $181.3M |
| Q1 2026 | $1.1B |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | $10.5M |
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 COIN 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.
COIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -2.8x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
COIN 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.
COIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 5.0 | Oversold |
COIN's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
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).
COIN PE vs Financial Services Sector
| Metric | COIN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
COIN has no meaningful PE right now: it lost money over the past year.
TBBK PE vs Financial Services Sector
| Metric | TBBK | Sector median | Relative |
|---|---|---|---|
| PE | 8.5x | 13x | 34% below |
| PE % | 3 | 63 | 60 pts below |
TBBK is trading at 8.5x earnings, a 34% discount to the Financial Services sector's median of 13x.
COIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.0 | 20% below |
| 20 week MA | $165.6 | 21% below |
| 50 week MA | $184.4 | 29% below |
| 100 week MA | $232.8 | 44% below |
| 200 week MA | $190.3 | 31% below |
COIN is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
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.
COIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $342.0 | $268.2 | -22% |
| 2022 | $268.2 | $35.5 | -87% |
| 2023 | $35.5 | $173.9 | +390% |
| 2024 | $173.9 | $265.7 | +53% |
| 2025 | $265.7 | $236.9 | -11% |
| 2026 YTD | $236.9 | $130.7 | -45% |
COIN's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.
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 the edge over COIN on returns for 2026, with the stronger performance.