NasdaqCM:PKBK

Stock Analysis Report

Executive Summary

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.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • Parke Bancorp is not covered by any analysts.

Similar Companies

Share Price & News

How has Parke Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.4%

NasdaqCM:PKBK

2.4%

US Banks

2.9%

US Market


1 Year Return

-2.0%

NasdaqCM:PKBK

-14.8%

US Banks

0.2%

US Market

PKBK outperformed the Banks industry which returned -15.3% over the past year.

PKBK underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

PKBKIndustryMarket
7 Day3.4%2.4%2.9%
30 Day-8.8%-6.3%-2.3%
90 Day2.9%-2.1%3.1%
1 Year0.7%-2.0%-12.4%-14.8%2.4%0.2%
3 Year104.1%89.2%41.7%32.0%41.7%32.4%
5 Year176.1%145.5%52.2%35.7%55.1%37.9%

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

Valuation

Is Parke Bancorp undervalued based on future cash flows and its price relative to the stock market?

27%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Parke Bancorp's share price is below the future cash flow value, and at a moderate discount (> 20%).

Parke Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Parke Bancorp is good value based on earnings compared to the US Banks industry average.

Parke Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Parke Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Parke Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Parke Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Parke Bancorp is high growth as no revenue estimate data is available.

Parke Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Parke Bancorp's revenue growth to the United States of America market average as no estimate data is available.

Parke Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Parke Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Parke Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Parke Bancorp performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Parke Bancorp has delivered over 20% year on year earnings growth in the past 5 years.

Parke Bancorp's 1-year earnings growth exceeds its 5-year average (75.3% vs 20.6%)

Parke Bancorp's earnings growth has exceeded the US Banks industry average in the past year (75.3% vs 33.2%).


Return on Equity

Parke Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Parke Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Parke Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Parke Bancorp has an acceptable proportion of non-loan assets held.

Parke Bancorp has a sufficient allowance for bad loans.

Parke Bancorp's liabilities are made up of primarily low risk sources of funding.

Parke Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Parke Bancorp are broadly funded by customer deposits.

Parke Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Parke Bancorp's current dividend yield, its reliability and sustainability?

2.93%

Current Dividend Yield


Dividend Yield and Payments Analysis

Parke Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Parke Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

Whilst dividend payments have been stable, Parke Bancorp has been paying a dividend for less than 10 years.

Dividend payments have increased, but Parke Bancorp only paid a dividend in the past 5 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Parke Bancorp's salary, the management and board of directors tenure and is there insider trading?

12.3yrs

Average board tenure


CEO

Vito Pantilione (67yo)

14.6yrs

Tenure

US$1,322,620

Compensation

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

Vito's remuneration is about average for companies of similar size in United States of America.

Vito's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

12.3yrs

Average Tenure

69yo

Average Age

The average tenure for the Parke Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Parke Bancorp individual insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

BuyUS$16,70229 Jul 19
Vito Pantilione
EntityIndividual
Role
Chief Executive Officer
President
Shares700
Max PriceUS$23.86
SellUS$86,08007 Jun 19
Jeffrey Kripitz
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,000
Max PriceUS$21.52
BuyUS$19,69726 Apr 19
Vito Pantilione
EntityIndividual
Role
Chief Executive Officer
President
Shares900
Max PriceUS$21.89
SellUS$113,50523 Apr 19
Edward Infantolino
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$22.70
SellUS$63,75020 Mar 19
Jeffrey Kripitz
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,000
Max PriceUS$21.25
SellUS$103,20312 Feb 19
Arret Dobson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$20.66
SellUS$58,80001 Feb 19
Jeffrey Kripitz
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,000
Max PriceUS$19.60
BuyUS$87,66511 Dec 18
Jack Sheppard
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$17.53
BuyUS$8,47011 Dec 18
Vito Pantilione
EntityIndividual
Role
Chief Executive Officer
President
Shares500
Max PriceUS$16.94
BuyUS$9,58503 Dec 18
Vito Pantilione
EntityIndividual
Role
Chief Executive Officer
President
Shares500
Max PriceUS$19.17
BuyUS$19,28530 Oct 18
Vito Pantilione
EntityIndividual
Role
Chief Executive Officer
President
Shares950
Max PriceUS$20.30

Ownership Breakdown


Management Team

  • Vito Pantilione (67yo)

    President

    • Tenure: 14.6yrs
    • Compensation: US$1.32m
  • Kathleen Conover

    VP & Branch Manager of Parke Bank

    • Tenure: 0.0yrs
  • Dolores Calvello (42yo)

    Senior VP & Loan Portfolio Manager of Parke Bank

    • Tenure: 0.0yrs
  • Paul Palmieri (61yo)

    Senior Vice President

    • Tenure: 0.0yrs
  • Betty Milavsky (67yo)

    Executive VP & COO

    • Tenure: 0.0yrs
    • Compensation: US$607.63k
  • Maryann Seal

    Assistant Vice President of Parke Bank

    • Tenure: 0.0yrs
  • John Hawkins (64yo)

    Senior VP & CFO

    • Tenure: 9.9yrs
    • Compensation: US$557.33k
  • Guy Gallo (61yo)

    Senior Vice President

    • Tenure: 0.0yrs
  • Nicholas Pantilione

    Senior VP & Senior Loan Officer of Parke Bank

    • Tenure: 0.0yrs
  • Linda Kaiser

    Corporate Secretary

    • Tenure: 0.0yrs

Board Members

  • Fred Choate (73yo)

    Director

    • Tenure: 14.6yrs
    • Compensation: US$101.69k
  • Jack Sheppard (65yo)

    Director

    • Tenure: 12.3yrs
    • Compensation: US$100.91k
  • Chuck Pennoni (81yo)

    Chairman of the Board

    • Tenure: 14.6yrs
    • Compensation: US$205.56k
  • Vito Pantilione (67yo)

    President

    • Tenure: 14.6yrs
    • Compensation: US$1.32m
  • Jeff Kripitz (67yo)

    Director

    • Tenure: 12.3yrs
    • Compensation: US$105.84k
  • Anthony Jannetti (81yo)

    Director

    • Tenure: 12.3yrs
    • Compensation: US$91.44k
  • Edward Infantolino (71yo)

    Director

    • Tenure: 12.3yrs
    • Compensation: US$76.94k
  • Arret Dobson (47yo)

    Director

    • Tenure: 12.3yrs
    • Compensation: US$101.29k
  • Daniel Dalton (69yo)

    Vice Chairman of the Board

    • Tenure: 6.6yrs
    • Compensation: US$90.48k

Company Information

Parke Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Parke Bancorp, Inc.
  • Ticker: PKBK
  • Exchange: NasdaqCM
  • Founded: 1999
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$235.453m
  • Shares outstanding: 10.77m
  • Website: https://www.parkebank.com

Number of Employees


Location

  • Parke Bancorp, Inc.
  • 601 Delsea Drive
  • Washington Township
  • New Jersey
  • 8080
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PKBKNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDNov 2002

Biography

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 d ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:54
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.