Princeton Bancorp, Inc.
- Open
- 38.00
- Day high
- 38.25
- Day low
- 37.86
- Prev close
- 37.95
- Volume
- 10K
- Mkt cap
- $260M
- P/E (TTM)
- 13.3
- EPS (TTM)
- $2.87
- P/B
- 1.0
- P/S
- 1.9
- Yield
- 3.53%
- Per share
- $1.35
- ▼Insiders net selling -$56K over the last 3 months (0 open-market buys, 1 sale)
- 🏛Institutions accumulating (13F)
Princeton Bancorp, Inc. (BPRN) is a Financial Services company listed on NASDAQ. The stock is up 21% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 1 sale (SEC Form 4).
Princeton Bancorp, Inc. (BPRN) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
BPRN earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $0.85 | $0.91 | +7.1% | $21M | +1.2% |
| Mar 13, 2026 | — | $0.90 | — | $34M | — |
| Oct 29, 2025 | $0.94 | $0.95 | +1.1% | $22M | +5.9% |
| Jul 24, 2025 | $-0.02 | $0.10 | +600.0% | $21M | +8.9% |
| Apr 24, 2025 | $0.76 | $0.77 | +1.3% | $21M | +2.4% |
| Jan 28, 2025 | $0.86 | $0.75 | -12.8% | $20M | +4.1% |
| Jul 25, 2024 | $0.69 | $0.80 | +15.9% | $18M | +1.6% |
| Apr 25, 2024 | $0.65 | $0.68 | +4.6% | $17M | +0.8% |
| Oct 26, 2023 | $0.61 | $1.19 | +95.1% | $19M | +13.1% |
| Jul 27, 2023 | $0.30 | $0.72 | +140.0% | $18M | +1.8% |
| Apr 20, 2023 | $0.92 | $0.95 | +3.3% | $18M | +2.0% |
| Mar 24, 2023 | — | $1.13 | — | $21M | — |
BPRN insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 11, 2026 | Adkins Stephanieofficer: Chief Lending Officer | Sell | 1,600 | $35.04 |
| Apr 8, 2026 | O'Donnell Daniel J.officer: Chief Operating Officer | Option | 735 | $22.00 |
| Apr 8, 2026 | Adkins Stephanieofficer: Chief Lending Officer | Option | 1,397 | $22.00 |
| Apr 8, 2026 | O'Donnell Daniel J.officer: Chief Operating Officer | Option | 9,265 | $22.00 |
| Apr 2, 2026 | Shueh Stephendirector | Buy | 3,500 | $24.09 |
| Apr 2, 2026 | Shueh Stephendirector | Buy | 7,000 | $30.44 |
| Feb 10, 2026 | Dietzler Edward Jdirector, officer: Chief Executive Officer | Tax | 746 | $37.08 |
| Feb 10, 2026 | Dietzler Edward Jdirector, officer: Chief Executive Officer | Tax | 954 | $37.09 |
| Feb 10, 2026 | Adkins Stephanieofficer: Chief Lending Officer | Tax | 182 | $37.08 |
| Feb 10, 2026 | Rapp George S.officer: Chief Financial Officer | Tax | 205 | $37.09 |
| Feb 10, 2026 | Rapp George S.officer: Chief Financial Officer | Tax | 210 | $37.08 |
| Feb 10, 2026 | Rapp George S.officer: Chief Financial Officer | Tax | 172 | $37.08 |
| Feb 10, 2026 | Clark Matthew T.officer: Chief Information Officer | Tax | 172 | $37.08 |
| Feb 10, 2026 | Adkins Stephanieofficer: Chief Lending Officer | Tax | 209 | $37.08 |
| Feb 10, 2026 | Clark Matthew T.officer: Chief Information Officer | Tax | 188 | $37.08 |
Source: BPRN SEC Form 4 filings, latest Jun 11, 2026. For informational purposes only — not investment advice.
See the full BPRN insider & 13F page →Princeton Bancorp, Inc. company profile
Overview
The Bank of Princeton (NASDAQ:BPRN) is a regional community bank founded in 2007 and headquartered in Princeton, New Jersey. The bank went public in May 2017 and operates 21 branches across central New Jersey and portions of southeastern Pennsylvania. As a traditional community bank, it serves local businesses, individuals, and families in the Princeton area and surrounding counties, providing a full range of banking services from basic checking accounts to commercial real estate lending.
Business
The Bank of Princeton operates as a traditional community bank in the regional banking sector, which sits between large national banks and small credit unions in the financial services ecosystem. Community banks like BPRN focus on serving local markets with personalized service and deep community relationships, rather than competing on scale or technology like major national banks. The bank's core services fall into two main categories. On the deposit side, it offers standard banking products including checking accounts, savings accounts, money market accounts, and certificates of deposit (CDs). These products allow customers to store their money safely while earning interest, with the bank using these deposits as its primary source of funding for lending activities. On the lending side, which generates the majority of the bank's revenue, BPRN provides various loan products. Commercial real estate and multi-family loans represent a significant portion of the portfolio, financing office buildings, retail spaces, and apartment complexes. Commercial and industrial loans support local businesses with working capital and equipment financing. The bank also offers construction loans for development projects, residential first-lien mortgages for home purchases, home equity loans allowing homeowners to borrow against their property value, and various consumer loans for personal needs. Additionally, the bank provides ancillary services including debit and credit card processing, wire transfers, safe deposit boxes, online banking, mobile banking, and merchant credit card processing services for business customers. These services generate fee income while enhancing customer relationships and convenience.
Revenue model
The Bank of Princeton operates on the traditional banking business model of net interest margin - borrowing money at low rates (primarily through customer deposits) and lending it out at higher rates. The difference between what the bank pays depositors and what it charges borrowers constitutes its primary revenue source, known as net interest income. The bank's customers fall into two main categories: individual consumers who maintain deposit accounts and take out mortgages or personal loans, and local businesses that need commercial lending, cash management services, and deposit accounts. Small to medium-sized businesses in the Princeton area represent a key customer segment, as they often prefer the personalized service and local decision-making that community banks provide over large national institutions. Secondary revenue streams include fee income from services such as account maintenance fees, overdraft fees, wire transfer fees, credit card processing fees for merchants, and loan origination fees. These non-interest revenues help diversify the income base and reduce dependence solely on interest rate spreads. Several factors can significantly impact the bank's profitability margins. Interest rate environment is the most critical factor - when rates rise, the bank can charge more for loans, but must also pay more for deposits, with the net effect depending on the timing and magnitude of rate changes. Credit quality directly affects margins through loan loss provisions - economic downturns or local real estate market weakness can increase defaults and require higher reserves. Competition from other banks, credit unions, and non-bank lenders can compress both lending rates and deposit rates. Regulatory compliance costs represent a fixed expense burden that can pressure margins, particularly for smaller institutions. Finally, local economic conditions in the Princeton area and broader New Jersey/Pennsylvania markets directly impact loan demand and credit quality.
Competitive moat
The Bank of Princeton's competitive moat is relatively narrow, typical of most community banks. Its primary defensive characteristics center around local market relationships and personalized service. The bank has built relationships with local businesses, professionals, and families over its 17-year operating history, creating some customer stickiness through familiarity and service quality that larger banks may struggle to match. The bank's local decision-making authority provides some advantage over large national banks, where loan decisions often require approval from distant headquarters. BPRN can potentially respond more quickly to local business needs and customize solutions for community-specific situations. Its physical branch presence in the Princeton area also provides convenience for customers who prefer in-person banking relationships. However, these advantages are relatively weak moats in the modern banking environment. Digital banking platforms from larger institutions increasingly offer superior technology and convenience, potentially eroding the value of local branches. Fintech companies are disrupting traditional banking services with faster, more convenient solutions for payments, lending, and account management. Credit unions often offer better rates due to their non-profit structure, while large banks can provide more comprehensive services, better technology, and often competitive rates due to their scale advantages. The bank faces structural challenges common to community banks: limited geographic diversification, concentration in local real estate markets, higher operating costs per dollar of assets compared to larger institutions, and difficulty investing in technology at the scale of major competitors. These factors suggest that while BPRN may maintain its local niche, it operates in an increasingly competitive environment with limited pricing power and modest barriers to customer switching.
Risks & safety
The Bank of Princeton presents a moderate margin of safety profile typical of well-capitalized community banks, though with some areas of concern. **Overall Assessment:** The bank maintains adequate capital levels and profitability, but faces earnings volatility and interest rate sensitivity common to regional banks. **Financial Stability:** - Cash position of $33.6 million as of Q4 2024, providing operational liquidity - Debt-to-equity ratio of 8.8%, indicating conservative leverage - No significant solvency concerns, with total equity of $262 million - Positive free cash flow of $13.2 million for full year 2024 **Valuation Metrics:** - Price-to-earnings ratio of 10.8x (Q4 2024), suggesting reasonable valuation - Price-to-book ratio of 0.86x, trading below book value - Return on equity of 3.9% (2024), below historical levels but positive **Key Concerns:** - Earnings volatility evidenced by Q3 2024 net loss of $4.5 million - Interest rate sensitivity affecting net interest margins - Concentration in New Jersey/Pennsylvania real estate markets - Limited geographic and economic diversification
Recent development
Based on available financial data, The Bank of Princeton has experienced significant earnings volatility over recent periods, reflecting the challenging interest rate environment facing regional banks. The bank reported strong performance in 2022 and 2023, with net income of $26.5 million and $25.8 million respectively, but faced pressure in 2024 with full-year net income declining to $10.2 million. The most notable development was the bank's significant loss in Q3 2024, reporting a net loss of $4.5 million compared to profits in other quarters. This suggests the bank may have taken substantial provisions for credit losses or faced other one-time charges during that period, though specific details are not available from the earnings call transcripts. The bank's balance sheet has grown substantially, with total assets increasing from $1.6 billion at the end of 2022 to $2.3 billion by Q4 2024, representing approximately 46% growth over two years. This expansion indicates active lending and deposit gathering, though it also increases the bank's exposure to credit risk and interest rate fluctuations. Revenue patterns show some volatility, with quarterly revenues ranging from $14.6 million to $31.5 million in 2024, suggesting seasonal patterns or timing differences in fee income recognition. The bank's ability to maintain positive free cash flow throughout most periods demonstrates operational resilience despite earnings pressures.
BPRN company profile · for informational purposes only — not investment advice.
Track BPRN with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free