Zacks: Analysts Anticipate The Bank of Princeton (BPRN) Will Announce Earnings of $0.53 Per Share

Analysts forecast that The Bank of Princeton (NASDAQ:BPRN) will post earnings per share of $0.53 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for The Bank of Princeton’s earnings. The firm is expected to report its next earnings report on Tuesday, January 23rd.

According to Zacks, analysts expect that The Bank of Princeton will report full year earnings of $2.00 per share for the current financial year. For the next financial year, analysts forecast that the business will post earnings of $2.35 per share, with EPS estimates ranging from $2.30 to $2.40. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for The Bank of Princeton.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research upgraded The Bank of Princeton from a “hold” rating to a “strong-buy” rating and set a $40.00 price target on the stock in a research report on Friday, December 22nd. B. Riley reiterated a “buy” rating and set a $37.00 price target on shares of The Bank of Princeton in a research report on Tuesday, December 26th. FBR & Co restated a “buy” rating on shares of The Bank of Princeton in a research report on Thursday, October 26th. Finally, Boenning Scattergood began coverage on shares of The Bank of Princeton in a research report on Friday, October 13th. They issued an “outperform” rating on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The Bank of Princeton presently has a consensus rating of “Buy” and a consensus target price of $36.95.

Shares of The Bank of Princeton (NASDAQ:BPRN) opened at $32.97 on Friday. The Bank of Princeton has a fifty-two week low of $29.43 and a fifty-two week high of $39.00.

Several hedge funds have recently bought and sold shares of BPRN. Context BH Capital Management LP bought a new position in shares of The Bank of Princeton in the third quarter worth approximately $718,000. Wells Fargo & Company MN bought a new position in shares of The Bank of Princeton in the third quarter worth approximately $325,000. Finally, EJF Capital LLC bought a new position in shares of The Bank of Princeton in the third quarter worth approximately $14,555,000. Institutional investors own 24.38% of the company’s stock.

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About The Bank of Princeton

The Bank of Princeton provides various banking products and services in the United States. The company offers checking accounts, savings accounts, attorney trust accounts, money market accounts, and certificates of deposit; and commercial real estate, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.

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Earnings History and Estimates for The Bank of Princeton (NASDAQ:BPRN)

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