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Bank of Princeton Announces $9.9 Million Impairment Charge

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Bank of Princeton Announces $9.9 Million Impairment Charge

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Bank of Princeton ( (BPRN) ) has provided an update.

On May 28, 2025, the Bank of Princeton‘s Board of Directors, CEO, and CFO determined that a material impairment charge of $9.9 million is necessary due to the delinquency of two commercial real estate loans. This decision follows bids received for the collateral of these loans, which the lead bank is attempting to sell. The after-tax impact on the company’s income statement is projected to be approximately $6.0 million, or $0.86 per diluted common share, although the properties’ occupancy levels are expected to cover operational and maintenance costs.

The most recent analyst rating on (BPRN) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Bank of Princeton stock, see the BPRN Stock Forecast page.

Spark’s Take on BPRN Stock

According to Spark, TipRanks’ AI Analyst, BPRN is a Neutral.

The Bank of Princeton’s stock score reflects its strong financial performance with robust revenue growth and efficient operations. While the technical analysis shows mixed signals, valuation metrics suggest the stock is reasonably priced, with a solid dividend yield providing additional investor appeal. The lack of recent earnings call data and corporate events means these factors do not influence the current assessment.

To see Spark’s full report on BPRN stock, click here.

More about Bank of Princeton

Average Trading Volume: 10,333

Technical Sentiment Signal: Buy

Current Market Cap: $216.3M

See more insights into BPRN stock on TipRanks’ Stock Analysis page.

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