Parke Bancorp, Inc. (PKBK)
$
19.59
+0.06 (0.31%)
Key metrics
Financial statements
Free cash flow per share
2.9582
Market cap
231.3 Million
Price to sales ratio
2.3584
Debt to equity
0.6275
Current ratio
0
Income quality
1.2770
Average inventory
0
ROE
0.0990
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Parke Bancorp, Inc. operates as the bank holding company for Parke Bank, providing a range of personal and business financial services tailored for individuals and small to mid-sized enterprises. The company achieved a revenue of $63,009,000.00 indicating its niche market focus. It offers various deposit products, including checking accounts, savings accounts, time deposits, money market accounts, individual retirement accounts, and certificates of deposit. The loan portfolio comprises commercial and industrial loans, construction loans, commercial and residential real estate mortgages, and consumer loans. Additionally, the company reported depreciation and amortization expenses of $571,000.00 reflecting the wear and tear of its assets, while the operating expenses amount to $63,009,000.00 encompassing various operational costs incurred. It also provides debit cards, internet banking, and online bill payment services. The company recorded a net income of $27,512,000.00 reflecting its profitability over the fiscal period, and the income before tax ratio is 0.58 reflecting the pre-tax margin. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey, operating through seven branch offices in Galloway Township, Northfield, Washington Township, and Collingswood, New Jersey, as well as Philadelphia, Pennsylvania. The stock is affordable at $19.59 making it suitable for budget-conscious investors. With a market capitalization of $232,010,247.00 the company is classified as a small-cap player, providing an opportunity for investment within this segment. However, the stock has a low average trading volume of 24,129.00 indicating lower market activity. It is a key player in the Banks - Regional industry, contributing significantly to the overall market landscape. Furthermore, it belongs to the Financial Services sector, driving innovation and growth within its operational framework and enhancing its appeal to potential investors seeking to capitalize on emerging market trends.
Investing in Parke Bancorp, Inc. (PKBK) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C, with a Bearish outlook. Always conduct your own research before investing.
Analysts predict Parke Bancorp, Inc. stock to fluctuate between $15.24 (low) and $24.29 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-05-29, Parke Bancorp, Inc.'s market cap is $232,010,247, based on 11,843,300 outstanding shares.
Compared to JPMorgan Chase & Co., Parke Bancorp, Inc. has a Lower Market-Cap, indicating a difference in performance.
Parke Bancorp, Inc. pays dividends. The current dividend yield is 4.01%, with a payout of $0.18 per share.
To buy Parke Bancorp, Inc. (PKBK) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for PKBK. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Parke Bancorp, Inc.'s last stock split was 11:10 on 2020-02-14.
Revenue: $63,009,000 | EPS: $2.30 | Growth: -3.36%.
Visit https://www.parkebank.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $25.85 (2022-04-21) | All-time low: $14.86 (2023-05-04).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
a month ago
Despite the current uncertain tariff situation, Parke Bancorp's loan growth won't fall too low because of the bank's focus on residential loans. Like the previous quarter, deposit costs will most probably continue to fall in the year ahead because of interest rate cuts. The provision expense will likely spike because of signs of an economic slowdown, which raises credit risk.
prnewswire.com
2 months ago
WASHINGTON TOWNSHIP, N.J. , March 19, 2025 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on April 18, 2025, to its stockholders of record as of the close of business on April 4, 2025.
seekingalpha.com
4 months ago
Parke Bancorp, Inc. is a stable investment with a 3.6% dividend yield, offering reliable income despite limited growth prospects. PKBK Q4 performance showed strong loan and deposit growth, but net income declined due to higher provisions for credit losses and non-interest expenses. Margins contracted, with net interest margin down to 3.02%, but net interest income increased by 0.7% year-over-year.
prnewswire.com
4 months ago
Highlights: Net Income: $7.4 million for Q4 2024, decreased 1.5% from Q3 2024 Revenue: $34.5 million for Q4 2024, increased 4.4% over Q3 2024 Total Assets: $2.14 billion, increased 5.9% from December 31, 2023 Total Loans: $1.87 billion, increased 4.5% from December 31, 2023 Total Deposits: $1.63 billion, increased 5.0% from December 31, 2023 WASHINGTON TOWNSHIP, N.J. , Jan. 24, 2025 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank (the "Bank"), announced its operating results for the quarter and fiscal year ended December 31, 2024.
prnewswire.com
5 months ago
WASHINGTON TOWNSHIP, N.J. , Dec. 18, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on January 17, 2025, to its stockholders of record as of the close of business on January 3, 2025.
seekingalpha.com
7 months ago
Despite recent underperformance, Parke Bancorp remains a 'buy' due to its attractive valuation and strong asset quality compared to peers. The company's net interest income and non-interest income have declined, but its balance sheet remains stable with increasing loans and deposits. Parke Bancorp's price-to-earnings, price-to-book, and price-to-tangible-book ratios indicate it is undervalued relative to similar firms.
prnewswire.com
7 months ago
Highlights: Net Income: $7.5 million for Q3 2024, increased 16.3% over Q2 2024 Revenue: $33.0 million for Q3 2024, increased 5.2% over Q2 2024 Total Assets: $2.07 billion, increased 2.1% over December 31, 2023 Total Loans: $1.84 billion, increased 2.9% over December 31, 2023 Total Deposits: $1.56 billion, increased 0.4% from December 31, 2023 WASHINGTON TOWNSHIP, N.J. , Oct. 18, 2024 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank, announced its operating results for the three and nine months ended September 30, 2024.
prnewswire.com
8 months ago
WASHINGTON TOWNSHIP, N.J. , Sept. 18, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on October 18, 2024, to its stockholders of record as of the close of business on October 4, 2024.
prnewswire.com
10 months ago
WASHINGTON TOWNSHIP, N.J. , Aug. 2, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced its Board of Directors approved a plan to repurchase up to 5% of the Company's common stock during the next twelve months, unless completed sooner or otherwise extended.
seekingalpha.com
10 months ago
Parke Bancorp has strong earnings with a slight increase in net interest income, despite an increase in loan loss provisions. The bank has a relatively low amount of unrealized losses on securities and a focus on recovering soured loans, especially in the commercial real estate portfolio. Trading at 10 times earnings and a 20% discount to tangible book value per share, Parke Bancorp presents a good opportunity for a long position.
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