PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Princeton Bancorp, Inc. (BPRN) on Thursday reported net income of $6.1 million in its fourth quarter.
The bank, based in Princeton, New Jersey, said it had earnings of 90 cents per share.
The bank posted revenue of $33.9 million in the period. Its revenue net of interest expense was $20.7 million, which missed Street forecasts.
For the year, the company reported profit of $18.6 million, or $2.71 per share. Revenue was reported as $84.3 million.
Princeton Bancorp shares have risen roughly 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $36.39, a climb of 11% in the last 12 months.
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