Parke Bancorp, Inc. (PKBK)

NASDAQ: PKBK · IEX Real-Time Price · USD
16.49
-0.01 (-0.06%)
Apr 24, 2024, 9:36 AM EDT - Market open
-0.06%
Market Cap 197.19M
Revenue (ttm) 72.96M
Net Income (ttm) 28.44M
Shares Out 11.96M
EPS (ttm) 2.35
PE Ratio 7.02
Forward PE n/a
Dividend $0.72 (4.37%)
Ex-Dividend Date Apr 4, 2024
Volume 444
Open 16.34
Previous Close 16.50
Day's Range 16.34 - 16.70
52-Week Range 14.86 - 20.87
Beta 0.78
Analysts n/a
Price Target n/a
Earnings Date Apr 19, 2024

About PKBK

Parke Bancorp, Inc. operates as the bank holding company for Parke Bank that provides personal and business financial services to individuals and small to mid-sized businesses. The company offers various deposit products, including checking, savings, time, money market, and individual retirement accounts, as well as certificates of deposit. Its loan portfolio comprises commercial and industrial, construction, commercial and residential real estate mortgage, and consumer loans. In addition, the company provides debit cards, internet banking, and... [Read more]

Sector Financials
Founded 1999
Employees 101
Stock Exchange NASDAQ
Ticker Symbol PKBK
Full Company Profile

Financial Performance

In 2023, Parke Bancorp's revenue was $72.96 million, a decrease of -8.70% compared to the previous year's $79.91 million. Earnings were $28.44 million, a decrease of -31.96%.

Financial Statements

News

PARKE BANCORP, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS

Highlights: Net Income: $6.1 million for Q1 2024 Revenue: $30.5 million for Q1 2024 Total Assets:  $2.01 billion,  decreased 0.7% from December 31, 2023 Total Loans:  $1.79 billion,  decreased 0.1% ov...

4 days ago - PRNewsWire

PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND

WASHINGTON TOWNSHIP, N.J., March 20, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on April 19, 20...

5 weeks ago - PRNewsWire

PARKE BANCORP, INC. ANNOUNCES FOURTH QUARTER 2023 EARNINGS

Highlights: Net Income: $8.2 million for Q4 2023 Revenue: $31.8 million for Q4 2023 Total Assets:  $2.02 billion,  increased 1.9% from December 31, 2022 Total Loans:  $1.79 billion,  increased 2.0% fr...

3 months ago - PRNewsWire

This bank that serves cannabis customers had most of its profit wiped out by a robbery.

Take Parke Bancorp PKBK, -1.68%, a Washington Township, N.J. bank that focuses on the Southern New Jersey and Philadelphia area.

6 months ago - Market Watch

PARKE BANCORP, INC. ANNOUNCES THIRD QUARTER 2023 EARNINGS

Highlights: Net Income: $1.0 million for Q3 2023 Revenue: $30.9 million for Q3 2023, increased 6.92% over Q2 2023 Total Assets:  $1.98 billion,  decreased 0.1% from December 31, 2022 Total Loans:  $1....

6 months ago - PRNewsWire

Parke Bank Named One of the Top 20 Community Banks by Bank Director

WASHINGTON TOWNSHIP, N.J. , Sept. 28, 2023 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK)  – is pleased to announce Parke Bank has been named to the Bank Director's Ranking Banking...

7 months ago - PRNewsWire

PARKE BANCORP, INC. ANNOUNCES SECOND QUARTER 2023 EARNINGS

Highlights: Net Income: $8.1 million Revenue: $28.9 million for Q2 2023 Total Assets:  $1.98 billion,  decreased 0.1% over December 31, 2022 Total Loans:  $1.79 billion,  increased 2.0% over December ...

9 months ago - PRNewsWire

PARKE BANCORP, INC. ANNOUNCES FIRST QUARTER 2023 EARNINGS

Highlights: Net Income: $11.1 million Revenue: $27.8 million for Q1 2023 Total Assets:  $1.96 billion,  decreased 1.0% over December 31, 2022 Total Loans:  $1.76 billion,  increased 0.6% over December...

1 year ago - PRNewsWire

PARKE BANCORP, INC. ANNOUNCES FOURTH QUARTER 2022 EARNINGS

Highlights: Net Income: $10.4 million for Q4 2022 Revenue: $26.8 million for Q4 2022 Total Assets: $1.98 billion, decreased 7.1% over December 31, 2021 Total Loans: $1.75 billion, increased 18.0% over...

1 year ago - PRNewsWire

PARKE BANCORP, INC. ANNOUNCES THIRD QUARTER 2022 EARNINGS

Highlights: Net Income: $10.5 million Revenue: $24.4 million for Q3 2022 Total Assets:  $1.92 billion,  decreased 10.0% over December 31, 2021 Total Loans:  $1.68 billion,  increased 13.1% over Decemb...

1 year ago - PRNewsWire

PARKE BANCORP, INC. ANNOUNCES SECOND QUARTER 2022 EARNINGS

Highlights: Net Income: $10.7 million Revenue: $23.0 million for Q2 2022 Total Assets: $1.99 billion, decreased 6.8% over December 31, 2021 Total Loans: $1.55 billion, increased 4.3% over December 31,...

1 year ago - PRNewsWire

PARKE BANCORP, INC. ANNOUNCES FIRST QUARTER 2022 EARNINGS

Highlights: Net Income:  $10.1 million Revenue: $21.7 million for Q1 2022 Total Assets:  $2.05 billion, decreased 3.9% over December 31, 2021 Total Loans:  $1.50 billion, increased 0.7% over December ...

2 years ago - PRNewsWire

Parke Bancorp, Inc. Announces Third Quarter Earnings

WASHINGTON TOWNSHIP, N.J., Oct. 20, 2021 /PRNewswire/ -- Highlights: Net Income: $10.5 million Revenue: $22.8 million for Q3 2021 Total Assets:  $2.16 billion,  increased 3.7% over December 31, 2020 T...

2 years ago - PRNewsWire

Parke Bancorp, Inc. Announces Second Quarter Earnings

WASHINGTON TOWNSHIP, N.J., July 21, 2021 /PRNewswire/ --  Highlights: Net Income: $10.8 million Revenue: $23.5 million for Q2 2021 Total Assets:  $2.10 billion,  increased 1.1% over December 31, 2020 ...

2 years ago - PRNewsWire

Parke Bancorp, Inc. Announces Record First Quarter 2021 Earnings

WASHINGTON TOWNSHIP, N.J., April 22, 2021 /PRNewswire/ -- Highlights: Net Income: $9.4 million, Q1 results also reflected a $500,000 loan loss provision Revenue: $22.8 million for Q1 2021 Total Assets...

3 years ago - PRNewsWire

Parke Bancorp, Inc. Announces Completion Of $30 Million Subordinated Notes Offering

WASHINGTON TOWNSHIP, N.J., July 15, 2020 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK), the holding company for Parke Bank, announced today the completion of a private placement o...

4 years ago - PRNewsWire