Princeton Bancorp Q2 net income rises to $7.1 million, or $1.04 per diluted share
Princeton Bancorp reported second-quarter 2026 net income of $7.1 million, or $1.04 per diluted share, up from $6.2 million, or $0.91, in the first quarter and $688 thousand, or $0.10, a year earlier. The gain was driven mainly by higher net interest income and a reversal of credit losses, while total assets and deposits declined from December 31, 2025.
Key points
- Net income of $7.1 million ($1.04 diluted EPS) for Q2 2026 vs. $6.2 million ($0.91) in Q1 2026 and $688 thousand ($0.10) in Q2 2025
- Net interest income rose $1.2 million to $20.0 million from Q1 2026; net interest margin was 3.86%, up 23 basis points
- Total assets fell $34.1 million to $2.25 billion and total deposits fell $40.5 million from December 31, 2025, with certificates of deposit down $97.0 million
- Non-performing assets were $16.3 million at June 30, 2026, a decrease of $195 thousand from December 31, 2025
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.