Princeton Bancorp chief lending officer sells shares for $76,614

Stephanie Adkins, the Chief Lending Officer at Princeton Bancorp, Inc. (NASDAQ:BPRN), recently sold 2,500 shares of common stock. The $209.61 million market cap bank currently trades at 0.79 times book value and offers a 3.91% dividend yield. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value model. The transaction, which took place on June 3, 2025, was executed at an average price of $30.65 per share, totaling approximately $76,614. Following this sale, Adkins holds 7,361 shares directly. This transaction was documented in a recent SEC filing, and the shares were sold directly by Adkins. InvestingPro data reveals that 2 analysts have recently revised their earnings expectations downward for the upcoming period, though the company remains profitable. Unlock comprehensive insider trading analysis and 12+ additional ProTips with an InvestingPro subscription.

In other recent news, Princeton Bancorp, Inc. has made several noteworthy announcements and decisions. The company concluded its 2025 annual meeting of shareholders with key outcomes, including the election of eight directors to the board and the approval of an executive compensation package. Additionally, Wolf & Company, P.C. was ratified as the independent auditor for the fiscal year ending December 31, 2025. Shareholders also expressed a preference for annual advisory votes on executive compensation. In a separate development, the Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on May 29, 2025, to shareholders of record as of May 6, 2025. Edward Dietzler, President and CEO, emphasized the Board’s commitment to providing returns to shareholders. The declaration of future dividends will depend on the company’s financial condition and other factors. These recent developments reflect Princeton Bancorp’s ongoing efforts to engage with its shareholders and maintain financial stability.

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