Bank Of Princeton (BPRN) Announces Earnings Results

Bank Of Princeton (NASDAQ:BPRN) announced its quarterly earnings data on Thursday. The company reported $0.54 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.54, Fidelity Earnings reports. The business had revenue of $11.19 million during the quarter, compared to the consensus estimate of $11.67 million.

BPRN stock traded down $0.33 during midday trading on Friday, reaching $29.01. The company’s stock had a trading volume of 402 shares, compared to its average volume of 15,036. The stock has a market cap of $202.08 million, a PE ratio of 14.74 and a beta of -0.38. Bank Of Princeton has a 52 week low of $28.16 and a 52 week high of $35.45.

The firm also recently disclosed a Not Available dividend, which will be paid on Friday, November 23rd. Shareholders of record on Monday, November 5th will be paid a $0.03 dividend. The ex-dividend date is Friday, November 2nd.

BPRN has been the topic of a number of recent research reports. Boenning Scattergood reaffirmed an “outperform” rating on shares of Bank Of Princeton in a research note on Friday, June 29th. Zacks Investment Research raised shares of Bank Of Princeton from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a research note on Tuesday, July 3rd. Finally, ValuEngine cut shares of Bank Of Princeton from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Bank Of Princeton presently has a consensus rating of “Hold” and a consensus price target of $37.67.

An institutional investor recently bought a new position in Bank Of Princeton stock. Bank of New York Mellon Corp purchased a new position in shares of Bank Of Princeton (NASDAQ:BPRN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,893 shares of the company’s stock, valued at approximately $595,000. Bank of New York Mellon Corp owned approximately 0.27% of Bank Of Princeton as of its most recent SEC filing. Hedge funds and other institutional investors own 34.11% of the company’s stock.

Bank Of Princeton Company Profile

The Bank of Princeton provides various banking products and services in the United States. The company offers checking accounts, savings accounts, attorney trust accounts, money market accounts, and certificates of deposit; and commercial real estate and multi-family, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.

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Earnings History for Bank Of Princeton (NASDAQ:BPRN)

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