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.
Flawless balance sheet and good value.
Share Price & News
How has Parke Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PKBK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PKBK exceeded the US Banks industry which returned -21.9% over the past year.
Return vs Market: PKBK underperformed the US Market which returned -9.1% over the past year.
Price Volatility Vs. Market
How volatile is Parke Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat Kind Of Shareholder Appears On The Parke Bancorp, Inc.'s (NASDAQ:PKBK) Shareholder Register?
1 month ago | Simply Wall StThe Parke Bancorp (NASDAQ:PKBK) Share Price Has Gained 179%, So Why Not Pay It Some Attention?
1 month ago | Simply Wall StThis Insider Has Just Sold Shares In Parke Bancorp, Inc. (NASDAQ:PKBK)
Is Parke Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PKBK ($15.56) is trading below our estimate of fair value ($30.08)
Significantly Below Fair Value: PKBK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PKBK is good value based on its PE Ratio (6.2x) compared to the Banks industry average (9x).
PE vs Market: PKBK is good value based on its PE Ratio (6.2x) compared to the US market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PKBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PKBK is overvalued based on its PB Ratio (1x) compared to the US Banks industry average (0.8x).
How is Parke Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Parke Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Parke Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PKBK has high quality earnings.
Growing Profit Margin: PKBK's current net profit margins (51.4%) are higher than last year (49%).
Past Earnings Growth Analysis
Earnings Trend: PKBK's earnings have grown significantly by 23.7% per year over the past 5 years.
Accelerating Growth: PKBK's earnings growth over the past year (22.3%) is below its 5-year average (23.7% per year).
Earnings vs Industry: PKBK earnings growth over the past year (22.3%) exceeded the Banks industry 11.2%.
Return on Equity
High ROE: PKBK's Return on Equity (16.9%) is considered low.
How is Parke Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: PKBK has a low level of unsold assets or inventory.
Debt Coverage by Assets: PKBK's debt is covered by short term assets (assets are 1.4x debt).
Financial Institutions Analysis
Asset Level: PKBK's level of assets compared to its equity is low.
Allowance for Bad Loans: PKBK has a sufficient allowance for bad loans.
Low Risk Liabilities: PKBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: PKBK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PKBK's loans are broadly funded by customer deposits.
Level of Bad Loans: PKBK has an appropriate level of bad loans (0.38%)
What is Parke Bancorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PKBK's dividend (3.74%) is higher than the bottom 25% of dividend payers in the US market (1.93%).
High Dividend: PKBK's dividend (3.74%) is low compared to the top 25% of dividend payers in the US market (5.33%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PKBK has been paying a dividend for less than 10 years.
Growing Dividend: PKBK's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.4%), PKBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Vito Pantilione (67yo)
Mr. Vito S. Pantilione has been President, Chief Executive Officer and Director of Parke Bancorp, Inc. since formation in 2005. Mr. Pantilione serves as the President and Chief Executive Officer and a Dire ...
CEO Compensation Analysis
Compensation vs Market: Vito's total compensation ($USD1.54M) is about average for companies of similar size in the US market ($USD1.49M).
Compensation vs Earnings: Vito's compensation has been consistent with company performance over the past year.
|Independent Director||15.17yrs||US$73.40k||0.018% $31.8k|
|Independent Director||12.92yrs||US$75.05k||1.53% $2.7m|
|Independent Chairman of the Board||15.17yrs||US$241.41k||3.03% $5.3m|
|Independent Director||12.92yrs||US$83.68k||3.19% $5.6m|
|Independent Director||12.92yrs||US$65.04k||1.7% $3.0m|
|Independent Director||12.92yrs||US$45.10k||1.29% $2.3m|
|Independent Director||12.92yrs||US$78.31k||1.48% $2.6m|
|Independent Vice Chairman of the Board||7.17yrs||US$62.29k||1.53% $2.7m|
Experienced Board: PKBK's board of directors are seasoned and experienced ( 12.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PKBK insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.8%.
Parke Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Parke Bancorp, Inc.
- Ticker: PKBK
- Exchange: NasdaqCM
- Founded: 1999
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$175.725m
- Shares outstanding: 11.85m
- Website: https://www.parkebank.com
Number of Employees
- Parke Bancorp, Inc.
- 601 Delsea Drive
- Washington Township
- New Jersey
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PKBK||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Nov 2002|
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, 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 online bill payment services. It operates through full-service offices in Northfield, New Jersey; Washington Township, Gloucester County, New Jersey; Philadelphia, Pennsylvania; and Galloway Township, New Jersey. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 01:25|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.