Equities research analysts expect Bank Of Princeton (NASDAQ:BPRN) to post earnings of $0.46 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Bank Of Princeton’s earnings, with estimates ranging from $0.44 to $0.49. Bank Of Princeton reported earnings per share of $0.54 in the same quarter last year, which would suggest a negative year-over-year growth rate of 14.8%. The firm is scheduled to issue its next earnings results on Thursday, October 22nd.
According to Zacks, analysts expect that Bank Of Princeton will report full year earnings of $1.93 per share for the current financial year, with EPS estimates ranging from $1.78 to $2.12. For the next year, analysts expect that the business will report earnings of $1.41 per share, with EPS estimates ranging from $0.85 to $1.70. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Bank Of Princeton.
Bank Of Princeton (NASDAQ:BPRN) last posted its earnings results on Thursday, July 23rd. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.17. The firm had revenue of $12.88 million for the quarter, compared to analysts’ expectations of $11.69 million.
A number of research analysts have weighed in on the company. Zacks Investment Research downgraded Bank Of Princeton from a “buy” rating to a “hold” rating in a report on Monday, August 31st. ValuEngine downgraded Bank Of Princeton from a “hold” rating to a “sell” rating in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $20.67.
Several institutional investors have recently bought and sold shares of BPRN. Bank of America Corp DE grew its stake in shares of Bank Of Princeton by 89.4% in the 2nd quarter. Bank of America Corp DE now owns 2,190 shares of the company’s stock worth $44,000 after buying an additional 1,034 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Bank Of Princeton by 21.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,400 shares of the company’s stock worth $80,000 after buying an additional 600 shares during the last quarter. Rhumbline Advisers grew its stake in shares of Bank Of Princeton by 37.2% in the 1st quarter. Rhumbline Advisers now owns 12,167 shares of the company’s stock worth $283,000 after buying an additional 3,300 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Bank Of Princeton by 9.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,640 shares of the company’s stock worth $294,000 after buying an additional 1,223 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Bank Of Princeton by 19.5% in the 1st quarter. JPMorgan Chase & Co. now owns 16,385 shares of the company’s stock worth $381,000 after buying an additional 2,671 shares during the last quarter. Institutional investors own 36.66% of the company’s stock.
Shares of BPRN stock traded up $0.29 during midday trading on Tuesday, reaching $20.19. 8,400 shares of the stock were exchanged, compared to its average volume of 6,237. Bank Of Princeton has a 1 year low of $17.50 and a 1 year high of $32.25. The company’s 50 day moving average is $18.94 and its two-hundred day moving average is $21.37. The firm has a market cap of $136.48 million, a PE ratio of 10.52 and a beta of 0.49.
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Friday, August 14th were paid a $0.10 dividend. The ex-dividend date was Thursday, August 13th. This represents a $0.40 annualized dividend and a dividend yield of 1.98%. Bank Of Princeton’s payout ratio is currently 25.97%.
About Bank Of Princeton
The Bank of Princeton provides various banking products and services. The company accepts checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. Its loan products include 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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