The bank maintains a consistent capital buffer with an equity-to-assets ratio of 0.12, though total assets have remained stagnant at approximately $2.3 billion since 2024Q4.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|
| Cash & Short Term Investments | 789.24M | 168.05M | 227.59M | 125.88M | 106.64M | 113.18M | 143.06M | 184.91M | 118.06M | 184.57M | 132.64M | 170.1M | 31.87M | 27.43M | 24.62M | 0 | 0 |
| Cash & Due from Banks | 16.99M | 36.35M | 33.64M | 34.53M | 25.3M | 12.02M | 67.43M | 72.6M | 26.38M | 82.82M | 19.61M | 28.59M | 31.87M | 27.43M | 24.62M | 0 | 0 |
| Short Term Investments | 164.56M | 131.7M | 193.95M | 91.35M | 81.34M | 101.16M | 75.63M | 112.31M | 91.68M | 101.74M | 113.03M | 141.51M | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 1.96B | 1.98B | 2.04B | 1.63B | 1.44B | 1.42B | 1.42B | 1.29B | 1.16B | 1.06B | 962.88M | 938.99M | 0 | 0 | 722.63M | 1.44M | 1.42M |
| Investments Growth % | 10.93% | -3.12% | 25.33% | 13.37% | 1.24% | -0.24% | 10.63% | 10.8% | 9.5% | 10.12% | 2.54% | - | - | -100% | 50152.23% | 1.13% | - |
| Long-Term Investments | 7.34B | 1.85B | 1.85B | 1.54B | 1.36B | 1.32B | 1.35B | 1.17B | 1.07B | 958.62M | 849.84M | 797.48M | 0 | 0 | 722.63M | 1.44M | 1.42M |
| Accounts Receivables | 7.32M | 7.8M | 7.97M | 6.09M | 4.76M | 4.22M | 4.89M | 3.63M | 3.73M | 3.51M | 3.19M | 3.08M | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 16.96M | 17.16M | 18.01M | 10.28M | 10.68M | 11.25M | 11.89M | 12.62M | 0 | 0 | 0 | 0 | 100K | 200K | 0 | 0 | 0 |
| Goodwill | 14.38M | 14.38M | 14.38M | 8.85M | 8.85M | 8.85M | 8.85M | 8.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.58M | 2.78M | 3.63M | 1.42M | 1.82M | 2.39M | 3.04M | 3.76M | 0 | 0 | 0 | 0 | 100K | 200K | 0 | 0 | 0 |
| PP&E (Net) | 36.95M | 37.02M | 39.71M | 37.85M | 27.75M | 30.51M | 31.12M | 25.31M | 4.2M | 3.88M | 4.52M | 5.45M | 5.82M | 5.77M | 5.84M | 5.17M | 4.15M |
| Other Assets | 309.73M | 191.16M | 178.07M | 186.55M | 88.19M | 205.26M | 59.74M | 50.27M | 51.83M | 49.21M | 29.06M | 29.42M | 917.47M | 844.03M | 9.82M | 592.96M | 450.78M |
| Total Current Assets | 24.31M | 175.85M | 235.57M | 131.97M | 111.4M | 117.39M | 147.95M | 188.54M | 121.8M | 188.07M | 135.82M | 175.69M | 31.87M | 27.43M | 27.47M | 62.61M | 28.73M |
| Total Non-Current Assets | 2.23B | 2.11B | 2.1B | 1.78B | 1.49B | 1.57B | 1.45B | 1.27B | 1.13B | 1.01B | 889.01M | 837.63M | 923.39M | 850M | 741.53M | 603.77M | 460.25M |
| Total Assets | 2.25B | 2.29B | 2.34B | 1.92B | 1.6B | 1.69B | 1.6B | 1.45B | 1.25B | 1.2B | 1.03B | 1.01B | 955.26M | 877.43M | 769M | 666.38M | 488.98M |
| Asset Growth % | 2.53% | -2.35% | 22.11% | 19.65% | -5.09% | 5.29% | 10.17% | 16.25% | 4.25% | 17.02% | 1.25% | 6.08% | 8.87% | 14.1% | 15.4% | 36.28% | - |
| Return on Assets (ROA) | 0.86% | 0.8% | 0.48% | 1.46% | 1.61% | 1.37% | 0.9% | 0.75% | 1.2% | 0.99% | 1.16% | 1.12% | 0.98% | 1.07% | 0.88% | 0.49% | 0.49% |
| Accounts Payable | 8.08M | 8.53M | 15.4M | 9.16M | 1.03M | 1.04M | 2.48M | 3.88M | 2.2M | 1.59M | 1.34M | 1.41M | 1.6M | 1.7M | 0 | 0 | 0 |
| Total Debt | 21.3M | 21.19M | 22.94M | 24.28M | 26.77M | 18.56M | 18.99M | 15.04M | 110.8M | 0 | 112.2M | 257.6M | 0 | 0 | 28.25M | 11.34M | 19.06M |
| Net Debt | 4.31M | -15.15M | -10.7M | -10.25M | 1.47M | 6.54M | -48.44M | -57.56M | 84.42M | -82.82M | 92.59M | 229.01M | -31.87M | -27.43M | 3.63M | 11.34M | 19.06M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 10M | 0 | 0 | 0 | 55.4M | 0 | 56.1M | 128.8M | 0 | 0 | 3.98M | 8.96M | 15.84M |
| Short-Term Debt | 3.82M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55.4M | 0 | 56.1M | 128.8M | 0 | 0 | 24.26M | 2.38M | 3.22M |
| Other Liabilities | 1.96B | 8.52M | 7.23M | 7.1M | 6.65M | 5.36M | 5.29M | 2.15M | -53M | 446K | 0 | 0 | 0 | 0 | 678.47M | 223.83M | 295.85M |
| Total Current Liabilities | 3.82M | 1.98B | 2.05B | 1.64B | 1.35B | 1.45B | 1.37B | 1.24B | 1.06B | 1.03B | 922.53M | 921.88M | 4.6M | 3.77M | 24.26M | 377.76M | 135.6M |
| Total Non-Current Liabilities | 1.98B | 29.71M | 30.17M | 31.38M | 33.42M | 23.92M | 24.28M | 17.19M | 2.4M | 446K | 0 | 0 | 0 | 0 | 682.46M | 234.3M | 312.42M |
| Total Liabilities | 1.98B | 2.01B | 2.08B | 1.68B | 1.38B | 1.47B | 1.39B | 1.26B | 1.07B | 1.03B | 922.53M | 921.88M | 876.76M | 813.2M | 706.72M | 612.06M | 448.02M |
| Total Equity | 273.6M | 270.71M | 262.04M | 240.21M | 219.6M | 216.58M | 208.82M | 195.93M | 184.32M | 168.29M | 103.46M | 91.44M | 78.5M | 64.23M | 62.28M | 54.32M | 40.96M |
| Equity Growth % | 14.72% | 3.31% | 9.09% | 9.39% | 1.4% | 3.72% | 6.58% | 6.3% | 9.52% | 62.66% | 13.14% | 16.49% | 22.22% | 3.13% | 14.66% | 32.62% | - |
| Equity / Assets (Capital Ratio) | 12.14% | 11.85% | 11.2% | 12.53% | 13.71% | 12.83% | 13.03% | 13.47% | 14.73% | 14.02% | 10.08% | 9.02% | 8.22% | 7.32% | 8.1% | 8.15% | 8.38% |
| Return on Equity (ROE) | 7.26% | 6.99% | 4.08% | 11.21% | 12.15% | 10.57% | 6.82% | 5.33% | 8.34% | 8.11% | 12.15% | 12.95% | 12.61% | 13.91% | 10.82% | 5.91% | 5.83% |
| Book Value per Share | 40.19 | 39.46 | 39.58 | 37.60 | 34.05 | 31.78 | 30.40 | 28.41 | 26.82 | 29.08 | 20.61 | 19.45 | 16.73 | 13.84 | 13.42 | 13.07 | 11.67 |
| Tangible BV per Share | 37.70 | 36.96 | 36.86 | 35.99 | 32.40 | 30.13 | 28.67 | 26.58 | 26.82 | 29.08 | 20.61 | 19.45 | 16.71 | 13.80 | 13.42 | 13.07 | 11.67 |
| Common Stock | 0 | 0 | 0 | 0 | 34.55M | 34.1M | 33.95M | 33.81M | 33.28M | 32.76M | 23.5M | 23.44M | 22.91M | 22.89M | 22.89M | 22.89M | 19.76M |
| Additional Paid-in Capital | 122.99M | 122.9M | 119.91M | 98.29M | 81.29M | 80.22M | 79.71M | 79.22M | 77.89M | 76.35M | 31.86M | 31.22M | 29.75M | 29.01M | 28.54M | 28.18M | 22.52M |
| Retained Earnings | 165.48M | 161.78M | 151.91M | 149.41M | 131.49M | 111.45M | 93.37M | 82.27M | 73.63M | 59.12M | 48.11M | 36.27M | 25.26M | 16.26M | 7.46M | 1.15M | -1.67M |
| Accumulated OCI | -6.11M | -5.26M | -8.94M | -7.49M | -8.27M | 839K | 1.79M | 630K | -485K | 67K | -4K | 519K | 576K | -3.93M | 3.39M | 2.1M | 349.12K |
| Treasury Stock | -8.76M | -8.71M | -842K | 0 | -19.45M | -10.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CRE concentration refinance risk
According to quarterly financial data, BPRN's total assets have remained largely stagnant at approximately $2.3 billion since 2024Q4, suggesting that the bank is prioritizing balance sheet preservation over aggressive expansion in the current high-interest-rate environment while navigating regional economic headwinds.
The lack of meaningful asset growth indicates a cautious approach to loan origination, likely reflecting management's desire to maintain credit standards in a competitive New Jersey market. This stability in asset size, coupled with the recent holding company reorganization, suggests a strategic pivot toward optimizing existing capital rather than pursuing rapid, potentially dilutive, balance sheet expansion.
As reported in financial statements, BPRN has maintained a consistent equity-to-assets ratio of approximately 0.12 over the last ten quarters, providing a stable regulatory capital buffer that appears sufficient to absorb potential volatility within its concentrated commercial real estate and multi-family loan portfolios.
The bank's ability to maintain this capital ratio despite periodic spikes in loan loss provisions suggests a disciplined approach to capital management. Investors should monitor whether this capital adequacy remains robust if the bank chooses to leverage its new holding company structure for future acquisitions or increased shareholder distributions.
Based on BPRN's reported figures, the bank holds a substantial investment securities portfolio of approximately $2.0 billion, which serves as a critical liquidity reservoir that management has actively utilized to offset funding cost pressures and maintain operational stability throughout the recent interest rate cycle.
The high proportion of investment securities relative to total assets implies that the bank maintains significant contingent liquidity, which is essential given the potential for deposit volatility in the regional banking sector. This liquidity profile appears to be a defensive mechanism, allowing the bank to navigate periods of margin compression without resorting to more expensive wholesale funding sources.
Data from recent filings reveals that BPRN's balance sheet is heavily weighted toward investment securities and commercial real estate, which warrants further investigation into the duration mismatch and potential unrealized losses that could impact the bank's tangible book value in a sustained higher-for-longer interest rate environment.
While the bank's capital ratios appear healthy on the surface, the concentration in long-dated assets relative to the deposit base creates a structural vulnerability to interest rate shifts. Analysts should scrutinize the mark-to-market impact on the securities portfolio, as this could significantly alter the bank's perceived financial strength and its capacity to absorb future credit losses.
Quick answers to the most common questions about buying BPRN stock.
As of 2025, Princeton Bancorp, Inc. (BPRN) had total assets of $2.29B including $175.8M in current assets.
Princeton Bancorp, Inc. (BPRN) carries total debt of $21.2M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Princeton Bancorp, Inc. (BPRN) has total shareholders' equity (book value) of $270.7M ($39.46 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Princeton Bancorp, Inc. (BPRN) reported a current ratio of 0.09x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.