Princeton Bancorp Q3 2026 Net Income Drops 84% Year Over Year to $1.02 Million
Bitget2026/10/28 21:08- Princeton Bancorp’s third-quarter 2026 net income fell 84% year over year to $1.02 million.
- Credit-loss provisions swung from a year-earlier reversal to $7.64 million, primarily related to charge-offs of two commercial real estate loans.
- Net interest income rose year over year to $20.01 million, while non-interest income climbed 29% to $2.46 million.
- The quarter included a $900,000 asset write-down associated with a future retail consolidation.
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