Companies
The Bancorp to end SBL originations, cut 64 roles in Apex 2030 restructuring.
Form 8-K AccNo 0002039852-26-000121: end SBL originations by end-2026; 64 cuts (~9%) + 16 not backfilled; ~$5.6M charges; ~$14M annualized savings; >$20M with prior IB.
