PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Princeton Bancorp, Inc. (BPRN) on Tuesday reported net income of $5.2 million in its fourth quarter.
The bank, based in Princeton, New Jersey, said it had earnings of 75 cents per share.
The bank posted revenue of $35.7 million in the period. Its revenue net of interest expense was $20 million, missing Street forecasts.
For the year, the company reported profit of $10.2 million, or $1.55 per share. Revenue was reported as $74.7 million.
Princeton Bancorp shares have decreased 3% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $33.36, an increase of almost 1% in the last 12 months.
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