Princeton Bancorp (BPRN) to Release Quarterly Earnings on Thursday

Princeton Bancorp (NASDAQ:BPRN) is expected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.76 per share for the quarter.

Princeton Bancorp (NASDAQ:BPRN) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.11). On average, analysts expect Princeton Bancorp to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Princeton Bancorp Price Performance

BPRN opened at $28.45 on Tuesday. The firm has a fifty day moving average price of $30.41 and a 200 day moving average price of $33.67. Princeton Bancorp has a 1 year low of $27.25 and a 1 year high of $39.35. The stock has a market cap of $196.73 million, a P/E ratio of 16.93 and a beta of 0.48.

Princeton Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 5th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.22%. The ex-dividend date was Wednesday, February 5th. Princeton Bancorp’s payout ratio is currently 71.43%.

Insider Activity

In other news, Director Martin Tuchman acquired 22,000 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were bought at an average cost of $32.71 per share, for a total transaction of $719,620.00. Following the acquisition, the director now owns 629,141 shares in the company, valued at approximately $20,579,202.11. This represents a 3.62 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 23.00% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Janney Montgomery Scott raised Princeton Bancorp from a “neutral” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Tuesday, February 4th.

About Princeton Bancorp

Princeton Bancorp, Inc operates as the bank holding company for The Bank of Princeton that provides various banking products and services. It accepts various deposit products, including checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. The company also offers traditional retail banking services, one-to-four-family residential mortgage loans, multi-family and commercial mortgage loans, construction loans, and commercial business loans, as well as consumer loans, including home equity loans and lines of credit.