NasdaqGS:BPRN

Stock Analysis Report

Executive Summary

The Bank of Princeton provides various banking products and services.


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Bank of Princeton's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BPRN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-12.9%

BPRN

-7.1%

US Banks

-2.0%

US Market


1 Year Return

-40.7%

BPRN

-32.9%

US Banks

-15.1%

US Market

Return vs Industry: BPRN underperformed the US Banks industry which returned -33.7% over the past year.

Return vs Market: BPRN underperformed the US Market which returned -14.9% over the past year.


Shareholder returns

BPRNIndustryMarket
7 Day-12.9%-7.1%-2.0%
30 Day-31.2%-30.6%-19.7%
90 Day-37.3%-42.5%-23.2%
1 Year-40.1%-40.7%-30.9%-32.9%-13.4%-15.1%
3 Year-39.8%-40.5%-21.7%-27.5%10.9%3.7%
5 Yearn/a3.5%-8.4%28.4%14.4%

Price Volatility Vs. Market

How volatile is Bank of Princeton's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bank of Princeton undervalued compared to its fair value and its price relative to the market?

46.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BPRN ($19.34) is trading below our estimate of fair value ($35.85)

Significantly Below Fair Value: BPRN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BPRN is poor value based on its PE Ratio (12.8x) compared to the Banks industry average (8.6x).

PE vs Market: BPRN is poor value based on its PE Ratio (12.8x) compared to the US market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: BPRN is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: BPRN is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Bank of Princeton forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

13.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BPRN's forecast earnings growth (13.6% per year) is above the savings rate (1.7%).

Earnings vs Market: BPRN's earnings (13.6% per year) are forecast to grow faster than the US market (12.2% per year).

High Growth Earnings: BPRN's earnings are forecast to grow, but not significantly.

Revenue vs Market: BPRN's revenue (9.3% per year) is forecast to grow faster than the US market (7.1% per year).

High Growth Revenue: BPRN's revenue (9.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BPRN's Return on Equity is forecast to be low in 3 years time (6.4%).


Next Steps

Past Performance

How has Bank of Princeton performed over the past 5 years?

2.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BPRN has high quality earnings.

Growing Profit Margin: BPRN's current net profit margins (25.3%) are lower than last year (34.2%).


Past Earnings Growth Analysis

Earnings Trend: BPRN's earnings have grown by 2.6% per year over the past 5 years.

Accelerating Growth: BPRN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BPRN had negative earnings growth (-31%) over the past year, making it difficult to compare to the Banks industry average (10.9%).


Return on Equity

High ROE: BPRN's Return on Equity (5.2%) is considered low.


Next Steps

Financial Health

How is Bank of Princeton's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: BPRN has a low level of unsold assets or inventory.

Debt Coverage by Assets: BPRN's debt is not covered by short term assets (assets are -4.2910297249585E+16x debt).


Financial Institutions Analysis

Asset Level: BPRN's level of assets compared to its equity is low.

Allowance for Bad Loans: BPRN has a sufficient allowance for bad loans.

Low Risk Liabilities: BPRN's liabilities are made up of primarily low risk sources of funding.

Loan Level: BPRN has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BPRN's loans are broadly funded by customer deposits.

Level of Bad Loans: BPRN has an appropriate level of bad loans (0.21%)


Next Steps

Dividend

What is Bank of Princeton's current dividend yield, its reliability and sustainability?

2.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BPRN's dividend (2.07%) is higher than the bottom 25% of dividend payers in the US market (2.04%).

High Dividend: BPRN's dividend (2.07%) is low compared to the top 25% of dividend payers in the US market (5.7%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether BPRN's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if BPRN's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.6%), BPRN's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BPRN's dividends in 3 years are forecast to be well covered by earnings (22.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Ed Dietzler (54yo)

2.25s

Tenure

US$607,496

Compensation

Mr. Edward J. Dietzler also known as Ed, currently serves as the Bank of Princeton’ President and Chief Executive Officer. Mr. Dietzler joined Bank of Princeton in September 2009 as Senior Vice President o ...


CEO Compensation Analysis

Compensation vs Market: Ed's total compensation ($USD607.50K) is about average for companies of similar size in the US market ($USD609.32K).

Compensation vs Earnings: Ed's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Edward Dietzler
President2.25yrsUS$607.50k0.062% $81.2k
Daniel O'Donnell
Executive VPno dataUS$563.06k0.0015% $1.9k
Robert Ridolfi
Secretary & Director13.25yrsUS$80.00k1.65% $2.2m
Stephanie Adkins
Executive VP & Chief Lending Officerno dataUS$342.04k0.030% $38.7k
George Rapp
Executive VP & CFO3.08yrsno data0.015% $19.3k
Matthew Clark
VP & Director Of Information Technologyno datano datano data
Karen Pfeifer
Senior VP and Director of Operations & Complianceno datano datano data
Barbara Cromwell
Senior VP & Director of Market Developmentno datano datano data
Anna Miller
Senior VP & Director of Human Resourcesno datano datano data
Kris Muse
Senior VP of Nassau Street & Commercial Lender13.08yrsno datano data

3.1yrs

Average Tenure

62yo

Average Age

Experienced Management: BPRN's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Edward Dietzler
President2.25yrsUS$607.50k0.062% $81.2k
Robert Ridolfi
Secretary & Director13.25yrsUS$80.00k1.65% $2.2m
Stephen Distler
Vice Chairman of the Board8.92yrsUS$80.00k2.43% $3.2m
Richard Gillespie
Chairman of the Board4.25yrsUS$80.00k1.13% $1.5m
Ross Wishnick
Vice Chairman of the Board13.25yrsUS$80.00k1.4% $1.8m
Stephen Shueh
Independent Director12.25yrsUS$80.00k0.30% $395.3k
Judith Giacin
Independent Director13.25yrsUS$80.00k0.30% $391.9k
Barbara Cuneo
Member of the Advisory Boardno datano datano data
Lance Liverman
Member of the Advisory Boardno datano datano data
Peter Dawson
Member of the Advisory Boardno datano datano data

12.3yrs

Average Tenure

67yo

Average Age

Experienced Board: BPRN's board of directors are seasoned and experienced ( 12.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BPRN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Bank of Princeton's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Bank of Princeton
  • Ticker: BPRN
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$130.901m
  • Shares outstanding: 6.77m
  • Website: https://www.thebankofprinceton.com

Number of Employees


Location

  • The Bank of Princeton
  • 183 Bayard Lane
  • Princeton
  • New Jersey
  • 8540
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BPRNNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDMay 2016

Biography

The Bank of Princeton provides various banking products and services. The company accepts checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. Its loan products include commercial real estate and multi-family, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit. The company also provides debit and credit cards; and money orders, direct deposit, automated teller machines, cashier's checks, safe deposit boxes, wire transfers, night depository, remote deposit capture, savings bonds redemption, bank-by-mail, online and automated telephone banking, Internet banking, payroll-related services, and merchant credit card processing services. It operates 13 branches in Princeton, including parts of Mercer, Somerset, Hunterdon, Monmouth, and Middlesex counties in central New Jersey; and portions of Philadelphia, Montgomery, and Bucks counties in Pennsylvania. The Bank of Princeton was founded in 2007 and is headquartered in Princeton, New Jersey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 02:41
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.