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Princeton Bancorp, Inc. Announces Declaration of a $0.30 Quarterly Cash Dividend

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Princeton Bancorp (NASDAQ: BPRN) has announced a quarterly cash dividend of $0.30 per share, payable on May 29, 2025, to shareholders of record as of May 6, 2025. The dividend declaration reflects the Board's commitment to providing shareholder returns, as stated by President and CEO Edward Dietzler.

The Bank of Princeton, founded in 2007, operates 28 branches in New Jersey, five in Philadelphia, and two in the New York City metropolitan area. The company notes that future dividend payments are subject to quarterly Board review and may be reduced or eliminated based on various factors, including the company's financial condition and regulatory restrictions.

Princeton Bancorp (NASDAQ: BPRN) ha annunciato un dividendo trimestrale in contanti di 0,30 $ per azione, pagabile il 29 maggio 2025 agli azionisti registrati al 6 maggio 2025. La dichiarazione del dividendo riflette l'impegno del Consiglio a garantire ritorni agli azionisti, come dichiarato dal Presidente e CEO Edward Dietzler.

La Bank of Princeton, fondata nel 2007, gestisce 28 filiali nel New Jersey, cinque a Philadelphia e due nell'area metropolitana di New York. L'azienda precisa che i futuri pagamenti dei dividendi saranno soggetti a revisione trimestrale da parte del Consiglio e potrebbero essere ridotti o eliminati in base a vari fattori, tra cui la situazione finanziaria della società e le restrizioni normative.

Princeton Bancorp (NASDAQ: BPRN) ha anunciado un dividendo trimestral en efectivo de 0,30 $ por acción, pagadero el 29 de mayo de 2025 a los accionistas registrados al 6 de mayo de 2025. La declaración del dividendo refleja el compromiso de la Junta de ofrecer rendimientos a los accionistas, según afirmó el presidente y CEO Edward Dietzler.

Bank of Princeton, fundada en 2007, opera 28 sucursales en Nueva Jersey, cinco en Filadelfia y dos en el área metropolitana de la ciudad de Nueva York. La compañía señala que los futuros pagos de dividendos están sujetos a revisión trimestral por parte de la Junta y pueden reducirse o eliminarse según diversos factores, incluida la situación financiera de la empresa y las restricciones regulatorias.

프린스턴 뱅코프 (NASDAQ: BPRN)는 주당 0.30달러의 분기 현금 배당금을 발표했으며, 2025년 5월 6일 기준 주주에게 2025년 5월 29일에 지급될 예정입니다. 이번 배당 선언은 에드워드 디첼러 사장 겸 CEO가 밝힌 바와 같이 주주 수익 제공에 대한 이사회의 의지를 반영합니다.

2007년에 설립된 프린스턴 은행은 뉴저지에 28개 지점, 필라델피아에 5개, 뉴욕시 대도시권에 2개의 지점을 운영하고 있습니다. 회사는 향후 배당금 지급은 분기별 이사회 검토 대상이며, 회사의 재무 상태 및 규제 제한 등 다양한 요인에 따라 축소되거나 중단될 수 있다고 밝혔습니다.

Princeton Bancorp (NASDAQ : BPRN) a annoncé un dividende trimestriel en espèces de 0,30 $ par action, payable le 29 mai 2025 aux actionnaires inscrits au 6 mai 2025. Cette déclaration de dividende reflète l'engagement du conseil d'administration à offrir des rendements aux actionnaires, comme l'a déclaré le président et CEO Edward Dietzler.

La Bank of Princeton, fondée en 2007, exploite 28 agences dans le New Jersey, cinq à Philadelphie et deux dans la région métropolitaine de New York. La société précise que les futurs paiements de dividendes sont soumis à une révision trimestrielle par le conseil et peuvent être réduits ou supprimés en fonction de divers facteurs, notamment la situation financière de l'entreprise et les restrictions réglementaires.

Princeton Bancorp (NASDAQ: BPRN) hat eine vierteljährliche Bardividende von 0,30 $ pro Aktie angekündigt, die am 29. Mai 2025 an die Aktionäre ausgezahlt wird, die am 6. Mai 2025 im Aktienregister eingetragen sind. Die Dividendenbekanntgabe spiegelt das Engagement des Vorstands wider, den Aktionären Renditen zu bieten, wie Präsident und CEO Edward Dietzler erklärte.

Die Bank of Princeton, gegründet im Jahr 2007, betreibt 28 Filialen in New Jersey, fünf in Philadelphia und zwei im Großraum New York City. Das Unternehmen weist darauf hin, dass zukünftige Dividendenzahlungen einer vierteljährlichen Überprüfung durch den Vorstand unterliegen und je nach verschiedenen Faktoren, einschließlich der finanziellen Lage des Unternehmens und regulatorischer Beschränkungen, gekürzt oder eingestellt werden können.

Positive
  • Consistent quarterly dividend payment of $0.30 per share
  • Strong regional presence with 35 total branches across three markets
  • Maintained commitment to shareholder returns
Negative
  • Future dividends may be reduced or eliminated based on financial conditions
  • Company faces risks from higher inflation and potential loan delinquencies
  • Exposed to economic growth concerns and market volatility

PRINCETON, N.J., April 22, 2025 /PRNewswire/ -- Princeton Bancorp, Inc. (the "Company") (NASDAQ – BPRN), the bank holding company for The Bank of Princeton (the "Bank") announced that its Board of Directors, at a meeting held on April 22, 2025, declared a cash dividend of $0.30 per share of the common stock of the Company.  This dividend will be paid on May 29, 2025, to shareholders of record at the close of business on May 6, 2025.  "This dividend reflects the Board of Director's continuing commitment in providing a return to shareholders," stated Edward Dietzler, President and CEO.

The paying of cash dividends on a quarterly basis is subject to a determination and declaration each quarter by its Board of Directors, which will take into account a number of factors, including the financial condition of the Company, and any applicable legal and regulatory restrictions on the payment of dividends by the Company and the Bank.  If paid, such dividends may be reduced or eliminated in future periods.

About Princeton Bancorp, Inc. and The Bank of Princeton

Princeton Bancorp, Inc. is the holding company for The Bank of Princeton, a community bank founded in 2007. The Bank is a New Jersey state-chartered commercial bank with 28 branches in New Jersey, including three in Princeton and others in Bordentown, Browns Mills, Burlington, Chesterfield, Cherry Hill, Cream Ridge, Deptford, Fort Lee, Hamilton, Kingston, Lakewood, Lambertville, Lawrenceville, Medford, Monroe, Moorestown, New Brunswick, Palisades Park, Pennington, Piscataway, Princeton Junction, Quakerbridge, Sicklerville, Voorhees, and Woodbury.  There are also five branches in the Philadelphia, Pennsylvania area and two in the New York City metropolitan area. The Bank of Princeton is a member of the Federal Deposit Insurance Corporation. 

Forward-Looking Statements

The Company may from time to time make written or oral "forward-looking statements," including statements contained in the Company's filings with the Securities and Exchange Commission, in its reports to stockholders and in other communications by the Company (including this press release), which are made in good faith by the Company pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended.

These forward-looking statements involve risks and uncertainties, such as statements of the Company's plans, objectives, expectations, estimates and intentions that are subject to change based on various important factors (some of which are beyond the Company's control). The most significant factors that could cause future results to differ materially from those anticipated by our forward-looking statements include the ongoing impact of higher tariffs imposed by the Trump administration, higher inflation levels, and general economic and recessionary concerns, all of which could impact economic growth and could cause an increase in loan delinquencies, a reduction in financial transactions and business activities including decreased deposits and reduced loan originations, difficulties in managing liquidity in a rapidly changing and unpredictable market, and supply chain disruptions. Other factors that could cause actual results to differ materially from those indicated by forward-looking statements include, but are not limited to, the following factors: the integration of the businesses of the Company and Cornerstone Bank following the completion of the transaction; the global impact of the military conflicts in the Ukraine and the Middle East; the impact of any future pandemics or other natural disasters; civil unrest, rioting, acts or threats of terrorism, or actions taken by the local, state and Federal governments in response to such events, which could impact business and economic conditions in our market area; the strength of the United States economy in general and the strength of the local economies in which the Company and Bank conduct operations; the effects of, and changes in, trade, monetary and fiscal policies and laws, including interest rate policies of the Board of Governors of the Federal Reserve System; market and monetary fluctuations; market volatility; the value of the Bank's products and services as perceived by actual and prospective customers, including the features, pricing and quality compared to competitors' products and services; the willingness of customers to substitute competitors' products and services for the Bank's products and services; credit risk associated with the Bank's lending activities; risks relating to the real estate market and the Bank's real estate collateral; the impact of changes in applicable laws and regulations and requirements arising out of our supervision by banking regulators; other regulatory requirements applicable to the Company and the Bank; and the timing and nature of the regulatory response to any applications filed by the Company and the Bank; technological changes; other acquisitions; changes in consumer spending and saving habits; those risks under the heading "Risk Factors" set forth in the Bank's Annual Report on Form 10-K for the year ended December 31, 2024,  and the success of the Company at managing the risks involved in the foregoing.

The Company cautions that the foregoing list of important factors is not exclusive. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company, except as required by applicable law or regulation.

Contact George Rapp
609.454.0718
grapp@thebankofprinceton.com

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SOURCE The Bank of Princeton

FAQ

When will Princeton Bancorp (BPRN) pay its latest quarterly dividend?

Princeton Bancorp will pay a $0.30 per share dividend on May 29, 2025, to shareholders of record as of May 6, 2025.

What is the dividend amount for Princeton Bancorp (BPRN) in Q2 2025?

Princeton Bancorp declared a quarterly cash dividend of $0.30 per share for Q2 2025.

How many branches does The Bank of Princeton currently operate?

The Bank of Princeton operates 35 total branches: 28 in New Jersey, 5 in Philadelphia, and 2 in the New York City metropolitan area.

What factors could affect Princeton Bancorp's (BPRN) future dividend payments?

Future dividends depend on the company's financial condition, applicable legal and regulatory restrictions, and quarterly Board of Directors' determination and declaration.
Princeton Bancorp, Inc.

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