PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Princeton Bancorp, Inc. (BPRN) on Thursday reported net income of $5.3 million in its fourth quarter.
The Princeton, New Jersey-based bank said it had earnings of 82 cents per share.
The bank posted revenue of $29.3 million in the period. Its revenue net of interest expense was $17.8 million, falling short of Street forecasts.
For the year, the company reported profit of $25.8 million, or $4.03 per share. Revenue was reported as $82.1 million.
Princeton Bancorp shares have decreased nearly 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $34.18, an increase of 5% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BPRN at https://www.zacks.com/ap/BPRN