Princeton Bancorp, Inc. - Understand $bprn stock

$BPRN Market Cap: $262 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$89.29M

TTM

Gross Margin

Net Earnings

$11.15M

TTM

Current Assets

Current Liabilities

$37.97M

Q3 2024

Current Ratio

Total Assets

$2.355B

Q3 2024

Total Liabilities

$2.092B

Q3 2024

Book Value

$262.4M

Q3 2024

Cash

$181.1M

Q3 2024

P/E

23.51

Nov 29, 2024 EST

Free Cash Flow

$12.12M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$98.18M	$74.08M	$69.28M
YoY Change	32.53%	6.94%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021
Revenue	$98.18M	$74.08M	$69.28M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$5.026M	$4.488M	$3.562M
YoY Change	11.99%	26.0%
% of Gross Profit
Depreciation & Amortization	$1.978M	$2.052M	$1.951M	$1.890M	$1.270M	$640.0K	$820.0K	$950.0K	$1.070M	$1.090M	$1.050M	$960.0K
YoY Change	-3.61%	5.18%	3.23%	48.82%	98.44%	-21.95%	-13.68%	-11.21%	-1.83%	3.81%	9.38%
% of Gross Profit
Operating Expenses	$5.026M	$4.488M	$3.562M
YoY Change	11.99%	26.0%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021
Interest Expense	$33.16M	$6.000M	$6.674M
YoY Change	452.73%	-10.1%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$30.34M	$34.05M	$29.19M	$17.29M	$12.30M	$17.71M	$14.86M	$16.30M	$14.71M	$12.17M	$11.78M	$9.000M
YoY Change	-10.92%	16.66%	68.82%	40.57%	-30.55%	19.18%	-8.83%	10.81%	20.87%	3.31%	30.89%
Income Tax	$4.570M	$7.559M	$6.703M	$3.480M	$2.160M	$3.000M	$3.890M	$4.460M	$3.700M	$3.170M	$2.980M	$2.690M
% Of Pretax Income	15.07%	22.2%	22.96%	20.13%	17.56%	16.94%	26.18%	27.36%	25.15%	26.05%	25.3%	29.89%
Net Earnings	$25.77M	$26.49M	$22.49M	$13.81M	$10.14M	$14.71M	$11.01M	$11.84M	$11.01M	$9.000M	$8.800M	$6.310M
YoY Change	-2.75%	17.82%	62.82%	36.19%	-31.07%	33.61%	-7.01%	7.54%	22.33%	2.27%	39.46%
Net Earnings / Revenue	26.24%	35.76%	32.46%
Basic Earnings Per Share	$4.10	$4.19	$3.37
Diluted Earnings Per Share	$4.03	$4.108M	$3.300M	$2.010M	$1.470M	$2.141M	$1.902M	$2.359M	$2.303M	$1.919M	$1.897M	$1.360M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$37.85M	$27.75M	$30.51M	$31.10M	$25.30M	$4.200M	$3.900M	$4.500M	$5.500M	$5.800M	$5.800M	$5.800M
YoY Change	36.41%	-9.06%	-1.89%	22.92%	502.38%	7.69%	-13.33%	-18.18%	-5.17%	0.0%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$8.296M
YoY Change
Other Assets	$11.51M	$7.599M	$4.514M	$4.500M	$3.900M	$4.300M	$800.0K	$5.600M	$5.300M	$5.300M	$7.400M	$3.200M
YoY Change	51.49%	68.34%	0.31%	15.38%	-9.3%	437.5%	-85.71%	5.66%	0.0%	-28.38%	131.25%
Total Long-Term Assets
YoY Change
Total Assets	$1.916B	$1.602B	$1.688B	$1.603B	$1.455B	$1.252B	$1.201B	$1.026B	$1.013B	$955.3M	$877.4M	$769.0M
YoY Change
Accounts Payable	$9.162M	$1.027M	$1.044M	$2.500M	$3.900M	$2.200M	$1.600M	$1.300M	$1.400M	$1.600M	$1.700M	$1.600M
YoY Change	792.11%	-1.63%	-58.24%	-35.9%	77.27%	37.5%	23.08%	-7.14%	-12.5%	-5.88%	6.25%
Accrued Expenses	$24.28M	$16.77M	$18.56M	$19.00M	$15.00M			$2.600M	$2.200M	$3.000M	$2.100M	$4.500M
YoY Change	44.77%	-9.64%	-2.31%	26.67%				18.18%	-26.67%	42.86%	-53.33%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$33.44M	$17.80M	$19.61M	$21.50M	$18.90M	$2.200M	$1.600M	$3.900M	$3.600M	$4.600M	$3.800M	$6.100M
YoY Change	87.89%	-9.21%	-8.81%	13.76%	759.09%	37.5%	-58.97%	8.33%	-21.74%	21.05%	-37.7%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$40.55M	$24.45M	$5.356M	$5.300M	$2.200M	$2.400M	$2.000M
YoY Change	65.84%	356.46%	1.06%	140.91%	-8.33%	20.0%
Total Long-Term Liabilities	$40.55M	$24.45M	$5.356M	$5.300M	$2.200M	$2.400M	$2.000M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	65.84%	356.46%	1.06%	140.91%	-8.33%	20.0%
Total Liabilities	$1.676B	$1.382B	$1.471B	$1.394B	$1.259B	$1.067B	$1.032B	$922.5M	$921.9M	$876.8M	$813.2M	$706.7M
YoY Change	21.28%	-6.04%	5.53%	10.72%	17.97%	3.38%	11.9%	0.07%	5.14%	7.82%	15.07%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	6.281M	6.320M	6.667M
Diluted Shares Outstanding	6.389K	6.449K	6.814K
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $262.04 Million

About Princeton Bancorp, Inc.

Princeton Bancorp, Inc. operates as a bank holding company. The company is headquartered in Reading, Pennsylvania and currently employs 244 full-time employees. The company went IPO on 2016-05-20. The Bank is a New Jersey state-chartered commercial bank. The Bank operates 34 banking offices with 27 branches in New Jersey, five branches in the Philadelphia, Pennsylvania area and two in the New York metropolitan area. The company is a full-service bank providing personal and business lending and deposit services. The company offers traditional retail banking services, one-to-four-family residential mortgage loans, multi-family and commercial mortgage loans, construction loans, commercial business loans and consumer loans. Its loan portfolio consists of variable-rate and fixed-rate loans with a significant concentration in commercial real estate lending. Its commercial real estate and multi-family loan portfolio consists primarily of loans secured by small office buildings, strip shopping centers, small apartment buildings and other properties used for commercial and multi-family purposes located in its market area.

Industry: State Commercial Banks Peers: C & F FINANCIAL CORP CODORUS VALLEY BANCORP INC REPUBLIC FIRST BANCORP INC GRANDSOUTH BANCORPORATION PNC FINANCIAL SERVICES GROUP, INC. Truxton Corp