10 Oversold Bank Stocks To Buy Right Now

8. Princeton Bancorp, Inc. (NASDAQ:BPRN)

6-Month Performance: -12.17%

Analysts Upside Potential: 27.79%

Princeton Bancorp, Inc. (NASDAQ:BPRN) is the parent company of The Bank of Princeton, a community bank based in New Jersey. It operates over 34 branches across the United States, with 27 branches in New Jersey, 5 in Philadelphia, and 2 branches in New York City. The bank significantly focuses on commercial real estate and community banking.

In November 2024, Hovde Group initiated coverage on Princeton Bancorp, Inc. (NASDAQ:BPRN) with a Market Perform rating and a price target of $40. The fiscal fourth quarter of 2024 marked the 17th year of its operations. The bank crossed the $2 billion mark in total assets after delivering 22.11% year-over-year growth to reach $2.34 billion. Moreover, the bank delivered a net income of $5.2 million, which was significant as it demonstrated a recovery from the previous quarter’s net loss of $4.5 million. The management attributed this recovery to a decrease in non-interest expenses, a reduction in the provision of credit losses, and an increase of 900,000 in net interest income. It is one of the oversold bank stocks to buy right now.