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Bank of Princeton: 4Q Earnings Snapshot

January 29, 2019

PRINCETON, N.J. (AP) _ Bank of Princeton (BPRN) on Tuesday reported net income of $3.8 million in its fourth quarter.

The bank, based in Princeton, New Jersey, said it had earnings of 55 cents per share.

The bank posted revenue of $14.8 million in the period. Its revenue net of interest expense was $10.9 million, which missed Street forecasts.

For the year, the company reported profit of $14.7 million, or $2.14 per share. Revenue was reported as $43.7 million.

Bank of Princeton shares have climbed 6.5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $29.71, a decline of slightly more than 9 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BPRN at https://www.zacks.com/ap/BPRN

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