Highest-materiality recent filing
Princeton Bancorp Q2 net income drops to $688K from $5.4M QoQ on $7M credit loss provision
Net income $688K ($0.10 EPS) vs $5.4M ($0.77) Q1 2025 and $5.1M ($0.80) Q2 2024.
Princeton Bancorp takes $9.9M impairment charge on two CRE loans, after-tax hit of ($0.86)/share
Net impairment charge of $9.9M on two non-performing commercial real estate loans as of May 28, 2025.
Princeton Bancorp reports Q1 net income of $5.4M, EPS $0.77; NIM expands to 3.51%
Net income $5.4M ($0.77 diluted EPS), up from $5.2M ($0.75) in Q4 2024 and $4.3M ($0.68) in Q1 2024.
Q4 net income $5.2M ($0.75 EPS) vs Q3 loss; full-year EPS $1.55 vs $4.03 in 2023
Q4 2024 net income $5.2M ($0.75 diluted EPS) vs Q3 2024 loss of $4.5M ($0.68 loss) and Q4 2023 net income of $5.3M ($0.82).
Princeton Bancorp reports Q3 net loss of $4.5M due to Cornerstone acquisition costs
Net loss of $4.5M ($0.68 EPS) vs net income of $5.1M ($0.80) in Q2 2024 and $7.6M ($1.19) in Q3 2023.
Princeton Bancorp reports Q3 net loss of $3.6M on $6.7M Cornerstone acquisition costs
Net loss $3.6M (-$0.55/share) vs Q2 net income $5.1M ($0.80) and Q3 2023 net income $7.6M ($1.19).
Princeton Bancorp completes acquisition of Cornerstone Financial; combined assets ~$2.31B
CFC had $322.7M assets, $290.6M deposits, $27.7M equity as of June 30, 2024.
Princeton Bancorp Q2 net income $5.1M ($0.80 EPS); acquisition approvals received
Q2 2024 net income $5.1M ($0.80 diluted EPS) vs Q1 $4.3M ($0.68) and Q2 2023 $6.8M ($1.07).
Princeton Bancorp Q1 net income falls to $4.3M, announces Cornerstone acquisition
Q1 2024 net income of $4.3M ($0.68 diluted EPS), down from $6.1M ($0.95) in Q1 2023.
On August 23, 2024, the Board of Directors of Princeton Bancorp, Inc. (the “Registrant”), the bank holding company of The Bank of Princeton (“TBOP”), elected Susan M. Barrett to the Board of Directors of the Registrant.
Max materiality 0.80 · Median 0.40 · Most common event dividend