Princeton Bancorp, Inc. Earnings Per Share Disclosure
Year ended December 31, |
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2024 |
2023 |
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| Net income applicable to common stock |
$ | 10,242 | $ | 25,765 | ||||
| Weighted average number of common shares outstanding |
6,530 | 6,281 | ||||||
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| Basic earnings per share |
$ | 1.57 | $ | 4.10 | ||||
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| Net income applicable to common stock |
$ | 10,242 | $ | 25,765 | ||||
| Weighted average number of common shares outstanding |
6,530 | 6,281 | ||||||
| Dilutive effect on common shares outstanding |
90 | 108 | ||||||
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| Weighted average number of diluted common shares outstanding |
6,620 | 6,389 | ||||||
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| Diluted earnings per share |
$ | 1.55 | $ | 4.03 | ||||
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About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.