Princeton Bancorp Q2 FY26 net income rises 14.52% to $7.1 million; net interest income climbs 6% to $20 million - BPRN News | RalliesPrinceton Bancorp Q2 FY26 net income rises 14.52% to $7.1 million; net interest income climbs 6% to $20 million
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BPRN• Princeton Bancorp reports higher second-quarter profit and margin expansion
- Princeton Bancorp posted Q2 net income of $7.1 million, up 14.52% from Q1; diluted EPS rose to $1.04 from $0.91.
- Net interest income climbed 6% to $20 million from Q1; net interest margin widened 23 basis points to 3.86%.
- Recorded a reversal of credit losses of $353,000, up $197,000 versus Q1; allowance coverage ratio was 1.13% at June 30.
- Total assets fell 1.49% to $2.25 billion versus Dec. 31, 2025; deposits dropped 2.05% to $1.93 billion.
- CEO Edward Dietzler cited “strong second quarter performance,” highlighting strategic execution and “resilience,” with margin expansion versus Q1.
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