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Princeton Bancorp, Inc. operates as the bank holding company for The Bank of Princeton that provides various banking products and services. The company accepts various deposit products, including checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. It 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. In addition, the company provides debit and credit cards, money orders, direct deposits, automated teller machines, cashier's checks, safe deposit boxes, online banking, wire transfers, night depository, remote deposit capture, bank-by-mail, online, and automated telephone banking services, as well as payroll-related services and merchant credit card processing services through third party. Further, it offers full online statements, online bill payment, account inquiries, mobile banking, transaction histories and details, and account-to-account transfer services. The company was founded in 2007 and is headquartered in Princeton, New Jersey.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $84M | - | $19M | $21M | 6.9% | 12.8% | 81.7% |
| 2024 | $75M | - | $10M | $13M | 3.9% | 3.4% | -60.2% |
| 2023 | $72M | - | $26M | $21M | 10.7% | -1.0% | -2.8% |
| 2022 | $73M | - | $26M | $23M | 12.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 72.94 | 72.24 | 74.69 | 84.28 |
| Operating Revenue | - | 72.94 | 72.24 | 74.69 | 84.28 |
| Selling General And Administration | - | 21.95 | 24.78 | 27.81 | 30.06 |
| Interest Income | - | 74.08 | 98.18 | 122.95 | 130.55 |
| Interest Expense | - | 6 | 33.16 | 56.41 | 54.74 |
| Net Interest Income | - | 68.08 | 65.02 | 66.53 | 75.82 |
| Pretax Income | - | 34.05 | 30.34 | 12.82 | 23.68 |
| Tax Provision | - | 7.56 | 4.57 | 2.57 | 5.07 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0.64 | -1.57 | 0 |
| Net Income Continuous Operations | - | 26.49 | 25.76 | 10.24 | 18.61 |
| Net Income From Continuing And Discontinued Operation | - | 26.49 | 25.76 | 10.24 | 18.61 |
| Net Income From Continuing Operation Net Minority Interest | - | 26.49 | 25.76 | 10.24 | 18.61 |
| Net Income | - | 26.49 | 25.76 | 10.24 | 18.61 |
| Net Income Common Stockholders | - | 26.49 | 25.76 | 10.24 | 18.61 |
| Net Income Including Noncontrolling Interests | - | 26.49 | 25.76 | 10.24 | 18.61 |
| Normalized Income | - | 26.49 | 22.14 | 16.48 | 18.61 |
| Diluted NI Availto Com Stockholders | - | 26.49 | 25.76 | 10.24 | 18.61 |
| Basic Average Shares | - | 6.32 | 6.28 | 6.53 | 6.83 |
| Diluted Average Shares | - | 6.45 | 6.39 | 6.62 | 6.86 |
| Reconciled Depreciation | - | 2.05 | 1.98 | 2.28 | 2.65 |
| Total Unusual Items | - | 0 | 4.26 | -7.80 | 0 |
| Total Unusual Items Excluding Goodwill | - | 0 | 4.26 | -7.80 | 0 |
| Special Income Charges | - | 0 | 4.26 | -7.80 | 0 |
| Write Off | - | - | -0.20 | 0 | - |
| Restructuring And Mergern Acquisition | - | 0 | -4.06 | 7.80 | 0 |
| Gain On Sale Of Security | - | 0 | 0.04 | -0.01 | 0 |
| Depreciation Amortization Depletion Income Statement | - | 0.57 | 0.50 | 0.60 | 0.86 |
| Depreciation And Amortization In Income Statement | - | 0.57 | 0.50 | 0.60 | 0.86 |
| General And Administrative Expense | - | 21.46 | 24.28 | 27.18 | 29.37 |
| Other Gand A | 3.78 | - | - | - | - |
| Salaries And Wages | - | 20.45 | 23.39 | 26.04 | 27.78 |
| Insurance And Claims | - | 1.01 | 0.89 | 1.14 | 1.59 |
| Selling And Marketing Expense | - | 0.48 | 0.50 | 0.63 | 0.70 |
| Amortization | - | 0.57 | 0.50 | 0.60 | 0.86 |
| Amortization Of Intangibles Income Statement | - | 0.57 | 0.50 | 0.60 | 0.86 |
| Occupancy And Equipment | - | 5.86 | 7.04 | 8.21 | 8.73 |
| Professional Expense And Contract Services Expense | - | 2.47 | 2.06 | 2.58 | 3.34 |
| Other Non Interest Expense | - | 7.64 | 8.68 | 9.76 | 10.96 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Princeton Bancorp, Inc.this co. | BPRN | $236M | 12.67↑ premium | 0.87 | 6.9% | - |
| Hawthorn Bancshares, Inc. | HWBK | $244M | 10.26 | 1.40 | 13.7% | - |
| Octave Specialty Group, Inc. | OSG | $244M | -0.93 | 0.34 | -36.6% | - |
| Chain Bridge Bancorp, Inc. | CBNA | $239M | 11.80 | 1.41 | 12.0% | - |
| C&F Financial Corporation | CFFI |
| - |
| - |
| - |
| - |
| - |
| $237M |
| 8.83 |
| 0.90 |
| 10.3% |
| - |
| LCNB Corp. | LCNB | $235M | 10.18 | 0.86 | 8.4% | - |
| Medallion Financial Corp. | MFIN | $230M | 4.93 | 0.56 | 11.4% | - |
| Virginia National Bankshares Corporation | VABK | $229M | 11.89 | 1.24 | 10.5% | - |
| Ohio Valley Banc Corp. | OVBC | $227M | 14.56 | 1.33 | 9.2% | - |
| Peer Median | - | 10.22 | 1.07 | 10.4% | - | |