Princeton Bancorp (BPRN) to Release Quarterly Earnings on Thursday

Princeton Bancorp (NASDAQ:BPRN - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect Princeton Bancorp to post earnings of $0.76 per share for the quarter.

Princeton Bancorp (NASDAQ:BPRN - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $0.75 earnings per share (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

NASDAQ BPRN remained flat at $28.45 during trading hours on Monday. 6,550 shares of the company's stock were exchanged, compared to its average volume of 9,577. The stock has a 50 day simple moving average of $30.41 and a 200 day simple moving average of $33.67. The stock has a market capitalization of $196.73 million, a PE ratio of 16.93 and a beta of 0.48. Princeton Bancorp has a 12-month low of $27.25 and a 12-month high of $39.35.

Princeton Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 5th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $1.20 dividend on an annualized basis and a yield of 4.22%. Princeton Bancorp's dividend payout ratio (DPR) is 71.43%.

Insider Buying and Selling

In related news, Director Martin Tuchman purchased 22,000 shares of the company's stock in a transaction dated Tuesday, February 11th. The shares were acquired at an average cost of $32.71 per share, for a total transaction of $719,620.00. Following the transaction, the director now owns 629,141 shares of the company's stock, valued at $20,579,202.11. This trade represents a 3.62 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 23.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Separately, Janney Montgomery Scott upgraded Princeton Bancorp from a "neutral" rating to a "buy" rating and set a $35.00 target price for the company in a research 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.