Then, on October 24, 2024, The Bancorp class action lawsuit alleges that The Bancorp announced its third quarter 2024 financial results, reporting net income of only $51.5 million and attributing the results, in part, to "a new CECL [current expected credit losses methodology] factor" to The Bancorp's analysis of REBL loans classified as either special mention or substandard, "which increased the provision for credit losses and resulted in an after-tax reduction in net income of $1.5 million." On this news, the price of The Bancorp stock fell more than 14%, according to the complaint.