NasdaqGS:BPRN

Stock Analysis Report

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Executive Summary

The Bank of Princeton provides various banking products and services. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.


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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.9%

BPRN

-4.6%

US Banks

-5.3%

US Market


1 Year Return

-33.1%

BPRN

-30.5%

US Banks

10.4%

US Market

Return vs Industry: BPRN underperformed the US Banks industry which returned -30.9% over the past year.

Return vs Market: BPRN underperformed the US Market which returned 12% over the past year.


Shareholder returns

BPRNIndustryMarket
7 Day-3.9%-4.6%-5.3%
30 Day8.6%3.5%-2.1%
90 Day9.3%0.6%1.7%
1 Year-31.9%-33.1%-28.0%-30.5%12.9%10.4%
3 Year-40.1%-41.4%-20.0%-26.6%34.3%25.4%
5 Yearn/a10.3%-3.3%73.7%54.3%

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?

30.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BPRN ($19.67) is trading below our estimate of fair value ($28.37)

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 (10.2x) compared to the US Banks industry average (9.9x).

PE vs Market: BPRN is good value based on its PE Ratio (10.2x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: BPRN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BPRN is good value based on its PB Ratio (0.6x) 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?

-5.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BPRN's earnings are forecast to decline over the next 3 years (-5.6% per year).

Earnings vs Market: BPRN's earnings are forecast to decline over the next 3 years (-5.6% per year).

High Growth Earnings: BPRN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BPRN's revenue (0.6% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: BPRN's revenue (0.6% 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 (5.5%).


Next Steps

Past Performance

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

1.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BPRN has high quality earnings.

Growing Profit Margin: BPRN's current net profit margins (28.2%) are higher than last year (26.4%).


Past Earnings Growth Analysis

Earnings Trend: BPRN's earnings have grown by 1.7% per year over the past 5 years.

Accelerating Growth: BPRN's earnings growth over the past year (24.2%) exceeds its 5-year average (1.7% per year).

Earnings vs Industry: BPRN earnings growth over the past year (24.2%) exceeded the Banks industry -3.6%.


Return on Equity

High ROE: BPRN's Return on Equity (6.4%) 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


Financial Institutions Analysis

Asset Level: BPRN's Assets to Equity ratio (7.6x) is low.

Allowance for Bad Loans: BPRN has a sufficient allowance for bad loans (640%).

Low Risk Liabilities: 98% of BPRN's liabilities are made up of primarily low risk sources of funding.

Loan Level: BPRN has an appropriate level of Loans to Assets ratio (85%).

Low Risk Deposits: BPRN's Loans to Deposits ratio (101%) is appropriate.

Level of Bad Loans: BPRN has an appropriate level of bad loans (0.2%).


Next Steps

Dividend

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

2.03%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: BPRN's dividend (2.03%) is higher than the bottom 25% of dividend payers in the US market (1.69%).

High Dividend: BPRN's dividend (2.03%) is low compared to the top 25% of dividend payers in the US market (4.78%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, BPRN has been paying a dividend for less than 10 years.

Growing Dividend: BPRN's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.7%), BPRN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BPRN's dividends in 3 years are forecast to be well covered by earnings (23.2% payout ratio).


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Ed Dietzler (55 yo)

2.75yrs

Tenure

US$462,566

Compensation

Mr. Edward J. Dietzler, also known as Ed, has been President at Bank of Princeton since May 2012 and its Chief Executive Officer since January 2018. Mr. Dietzler joined Bank of Princeton in September 2009 ...


CEO Compensation Analysis

Compensation vs Market: Ed's total compensation ($USD462.57K) is about average for companies of similar size in the US market ($USD593.13K).

Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Edward Dietzler
President2.75yrsUS$462.57k0.062%
$ 82.6k
Daniel O'Donnell
Executive VPno dataUS$459.56k0.0015%
$ 2.0k
Robert Ridolfi
Secretary & Independent Director13.75yrsUS$80.00k1.65%
$ 2.2m
Stephanie Adkins
Executive VP & Chief Lending Officerno dataUS$293.68k0.030%
$ 39.3k
George Rapp
Executive VP & CFO3.58yrsno data0.015%
$ 19.7k
Karen Pfeifer
Senior VP and Director of Operationsno 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 Vice President of Commercial Lender13.58yrsno datano data
William McCoy
Senior Vice President of Commercial Lenderno datano datano data
David Geyer
Senior Vice President of Loan Administrationno datano datano data
Mary Gorecki
Senior Vice President of Loan Administrationno datano datano data

3.6yrs

Average Tenure

63yo

Average Age

Experienced Management: BPRN's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Edward Dietzler
President2.75yrsUS$462.57k0.062%
$ 82.6k
Robert Ridolfi
Secretary & Independent Director13.75yrsUS$80.00k1.65%
$ 2.2m
Stephen Distler
Vice Chairman of the Board9.42yrsUS$80.00k2.43%
$ 3.2m
Richard Gillespie
Independent Chairman of the Board4.75yrsUS$80.00k1.12%
$ 1.5m
Ross Wishnick
Independent Vice Chairman of the Board13.75yrsUS$80.00k1.01%
$ 1.3m
Stephen Shueh
Independent Director12.75yrsUS$80.00k0.30%
$ 402.0k
Judith Giacin
Independent Director13.75yrsUS$80.00k0.36%
$ 475.5k
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
Michael Goodman
Member of the Advisory Boardno datano datano data
Yongkeun Joh
Member of the Advisory Boardno datano datano data

12.8yrs

Average Tenure

68yo

Average Age

Experienced Board: BPRN's board of directors are seasoned and experienced ( 12.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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$133.253m
  • 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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 01:00
End of Day Share Price2020/10/30 00:00
Earnings2020/09/30
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.