Princeton Bancorp Q2 FY26 net income rises 14.52% to $7.1 million; net interest income climbs 6% to $20 million

Reuters2026/07/23 20:03

By:Reuters

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Princeton Bancorp posted Q2 net income of $7.1 million, up 14.52% from Q1; diluted EPS rose to $1.04 from $0.91.
Net interest income climbed 6% to $20 million from Q1; net interest margin widened 23 basis points to 3.86%.
Recorded a reversal of credit losses of $353,000, up $197,000 versus Q1; allowance coverage ratio was 1.13% at June 30.
Total assets fell 1.49% to $2.25 billion versus Dec. 31, 2025; deposits dropped 2.05% to $1.93 billion.
CEO Edward Dietzler cited “strong second quarter performance,” highlighting strategic execution and “resilience,” with margin expansion versus Q1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Princeton Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-314061), on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Princeton Bancorp Q2 FY26 net income rises 14.52% to $7.1 million; net interest income climbs 6% to $20 million

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