B. Riley Comments on The Bank of Princeton’s FY2017 Earnings (BPRN)

The Bank of Princeton (NASDAQ:BPRN) – Equities researchers at B. Riley decreased their FY2017 earnings per share (EPS) estimates for The Bank of Princeton in a research note issued to investors on Thursday. B. Riley analyst S. Moss now forecasts that the company will earn $2.00 per share for the year, down from their previous forecast of $2.26. B. Riley has a “Neutral” rating and a $36.00 price target on the stock. B. Riley also issued estimates for The Bank of Princeton’s Q1 2018 earnings at $0.49 EPS, Q3 2018 earnings at $0.62 EPS, Q1 2019 earnings at $0.60 EPS, Q2 2019 earnings at $0.66 EPS, Q3 2019 earnings at $0.71 EPS, Q4 2019 earnings at $0.72 EPS and FY2019 earnings at $2.70 EPS.

Other analysts also recently issued research reports about the company. Boenning Scattergood reiterated a “buy” rating and set a $35.75 price target on shares of The Bank of Princeton in a research report on Friday, October 13th. FBR & Co reiterated a “buy” rating on shares of The Bank of Princeton in a research report on Thursday, October 26th. Finally, Zacks Investment Research downgraded The Bank of Princeton from a “buy” rating to a “hold” rating in a research report on Friday. Two 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 has a consensus rating of “Buy” and a consensus price target of $36.95.

Shares of The Bank of Princeton (NASDAQ BPRN) opened at $32.97 on Friday. The Bank of Princeton has a 12-month low of $29.43 and a 12-month high of $39.00.

A number of large investors have recently added to or reduced their stakes in BPRN. Context BH Capital Management LP bought a new stake in The Bank of Princeton in the 3rd quarter worth approximately $718,000. Wells Fargo & Company MN bought a new stake in The Bank of Princeton in the 3rd quarter worth approximately $325,000. Finally, EJF Capital LLC bought a new stake in The Bank of Princeton in the 3rd quarter worth approximately $14,555,000. Institutional investors own 24.38% of the company’s stock.

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The Bank of Princeton Company Profile

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.

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

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