Heard on the Street: This Bank’s Annual Report Self-Destructed in Just One Day
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The Bancorp Inc., a Delaware-based bank-holding company with about $9 billion of assets, late Tuesday warned investors to no longer rely on its previously filed annual report—which it had just filed one day earlier. Bancorp said it “inappropriately filed” its 2024 annual report on Monday. It explained that its outside accounting firm, Crowe, did not provide final approval to include its audit opinion with the annual report.
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