Bank of Princeton up after clinching $25.4 mln deal

Princeton Bancorp

20/10/2022 18:51

** Shares of Bank of Princeton  BPRN.O  up 1.2% at $29.72
    ** Co looks to expand in parts of Pennsylvania and New
Jersey with $25.4 mln acquisition of Noah Bank  urn:newsml:reuters.com:*:nPn6rjJLda
    ** With the deal, BPRN also expects to serve Asian-American
communities more actively, it says
    ** Deal is expected to close in Q2 2023
    ** YTD, BPRN stock is up marginally
 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))