Princeton Bancorp, Inc. Declares $0.30 Quarterly Cash Dividend for Shareholders

Princeton Bancorp, Inc. Declares $0.30 Quarterly Cash Dividend

On July 23, 2025, Princeton Bancorp, Inc. (NASDAQ: BPRN), the holding company for The Bank of Princeton, made an important announcement regarding shareholder returns. The Board of Directors declared a cash dividend of $0.30 per share of common stock, a move that underscores the company’s dedication to enhancing shareholder value. This dividend is scheduled for payment on August 29, 2025, to all shareholders on record as of August 6, 2025.

Edward Dietzler, President and CEO of Princeton Bancorp, remarked, "This dividend reflects the Board's ongoing commitment to providing a return to shareholders." This commitment is particularly significant given the challenges faced by many financial institutions in recent years, including varying economic conditions and regulatory landscapes. Princeton Bancorp's ability to declare and sustain this dividend is a testament to its robust financial health and prudent management.

The decision to distribute cash dividends quarterly is contingent upon an assessment conducted by the Board of Directors each quarter. Factors assessed include the company’s financial condition, market conditions, and any legal or regulatory considerations that may impact dividend payments. It is worth noting that, while the company is optimistic about maintaining dividends, future payments are subject to change based on performance and market conditions.

About Princeton Bancorp, Inc. and The Bank of Princeton

Founded in 2007, Princeton Bancorp is the parent company of The Bank of Princeton, a community-centric bank based in New Jersey. The Bank operates 28 branches across the state, including three situated in Princeton. Additional locations can be found in areas such as Bordentown, Browns Mills, and more diverse locales like Cherry Hill and Fort Lee.

Moreover, the Bank extends its reach beyond New Jersey, maintaining five branches in the Philadelphia area and two in New York City metropolitan areas. Princeton Bancorp is a member of the Federal Deposit Insurance Corporation (FDIC), providing customers with a level of assurance regarding the safety of their deposits.

Future Outlook

As Princeton Bancorp navigates a rapidly evolving market landscape, it remains focused on ensuring stability and growth. However, the company acknowledges the complex challenges that lie ahead. These include potential impacts from higher tariffs, inflation pressures, and economic uncertainties that could influence their operational strategies. The company has also noted the importance of staying agile, as ongoing risks like geopolitical tensions and changing consumer behaviors continue to shape the financial ecosystem.

In working to ensure long-term sustainability, Princeton Bancorp aims to balance dividend payments to shareholders with solidifying its market position. Moving forward, the executive team remains vigilant of both external and internal factors that could affect the company's financial health.

Conclusion

Princeton Bancorp's declared dividend marks a significant development for its shareholders. It reflects a strong performance and ongoing commitment to shareholder returns amid a challenging economic backdrop. As they move forward into the subsequent quarters, continuing to assess the economic environment will be critical for maintaining their growth trajectory and dividend policies.

For any inquiries related to this announcement or further information about the company, interested parties can reach out to George Rapp at (609) 454-0718 or via email.