CyberLink’s PowerDirector is the best one-to-one feature match for the old Bandit app.
One of the Bandit's unique features was its built-in GPS and motion sensors. To keep these metrics in your videos after the Bandit Studio's demise, consider: Bandit Studio & Bandit apps discontinued - TomTom Support tomtom bandit app alternative 2021
As of October 31, 2020, TomTom officially discontinued the Bandit Studio desktop and smartphone apps tomtom bandit app alternative 2021