Princeton Bancorp Q4 net income falls

Princeton Bancorp

29/01/2026 21:13

Overview

Community bank's Q4 net income drops to $6.1 mln

Q4 EPS of $0.90, down from Q3 due to higher credit loss provisions

Total assets decreased 2.44% yr/yr, driven by a decline in investment securities

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

NON-INTEREST INCOME - Co reported an 11.1% increase in non-interest income, driven by gains in other non-interest income and offset by a decrease in loan fees

CREDIT LOSS PROVISIONS - Increase in credit loss provisions contributed to lower net income compared to Q3

OPERATING EXPENSES - Reduction in operating expenses by 8.5% helped offset some income declines

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.90
Q4 Net Income
$6.10 mln
Q4 Net Interest Income
$18.60 mln
Q4 Net Interest Margin (%)
3.51%
Q4 Provision for Credit Losses
-$102,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Princeton Bancorp Inc is $34.25, about 5.6% below its January 28 closing price of $36.27

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBwb3kHvfa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)