Stock events for Princeton Bancorp, Inc. (BPRN)
In the past six months, Princeton Bancorp announced cash dividends, reported first and second-quarter results, and experienced insider trading activity. Director Martin Tuchman purchased 10,000 shares of common stock. Princeton Bancorp was upgraded to a Zacks Rank #2 (Buy), reflecting an upward trend in earnings estimates, but was later downgraded to a "Sell" candidate. Weiss Ratings restated a "Hold (C)" rating for Princeton Bancorp.
Demand Seasonality affecting Princeton Bancorp, Inc.’s stock price
While specific demand seasonality data for Princeton Bancorp, Inc.'s individual products and services is not available, the banking industry generally experiences seasonal trends. Demand for loans typically peaks in spring and summer, influenced by the home-buying season, and is also affected by interest rate changes. Deposit growth can be influenced by seasonal factors, such as municipal deposits.
Overview of Princeton Bancorp, Inc.’s business
Princeton Bancorp, Inc. operates as the bank holding company for The Bank of Princeton, a New Jersey state-chartered commercial bank founded in 2007, offering a range of personal and business banking products and services, including deposit products, traditional retail banking services, and various loans. The company also provides debit and credit cards, money orders, direct deposits, ATM services, and online banking.
BPRN’s Geographic footprint
Princeton Bancorp, Inc. operates through The Bank of Princeton, which has 35 domestic locations across three states, including 27 branches in New Jersey, five branches in the Philadelphia, Pennsylvania area, and two in the New York metropolitan area. The company has been expanding its footprint, including the acquisition of Cornerstone Bank in 2024, which added to its central and southern New Jersey presence.
BPRN Corporate Image Assessment
Princeton Bancorp, Inc., through The Bank of Princeton, emphasizes customer satisfaction and community service. The company focuses on growth, customer satisfaction, a strong capital position, excellent credit quality, and community involvement. The company has also invested in upgrading its digital banking experience. No specific events or widespread negative customer reviews impacting Princeton Bancorp, Inc.'s reputation in the past year were found in the search results.
Ownership
Princeton Bancorp, Inc. has a diverse ownership structure, with approximately 42.35% of the stock held by institutional shareholders, 20.13% by Princeton Bancorp insiders, and 37.51% by retail investors. Major institutional owners include Alliancebernstein L.p., BlackRock, Inc., and Vanguard Group Inc. Martin Tuchman is the largest individual shareholder, owning 11.07% of the company, and insider buying has been observed.
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$31.08