Parke Bancorp, Inc.

NasdaqCM:PKBK Stock Report

Market Cap: US$245.8m

Parke Bancorp Past Earnings Performance

Past criteria checks 2/6

Parke Bancorp has been growing earnings at an average annual rate of 0.2%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 4.6% per year. Parke Bancorp's return on equity is 9.5%, and it has net margins of 44.8%.

Key information

0.2%

Earnings growth rate

0.006%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate4.6%
Return on equity9.5%
Net Margin44.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of $0.18

Jun 23
Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of $0.18

Parke Bancorp (NASDAQ:PKBK) Is Paying Out A Dividend Of $0.18

Mar 24
Parke Bancorp (NASDAQ:PKBK) Is Paying Out A Dividend Of $0.18

Hold Parke Bancorp: This Small Bank Is Expected To Market Perform

Jan 24

Parke Bancorp GAAP EPS of $0.87, revenue of $24.4M

Oct 19

Parke Bancorp raises dividend 12.5% to $0.18

Aug 30

Parke Bancorp: Offering A 3% Dividend Yield With A 20% Payout Ratio

Jun 28

Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of US$0.16

Jun 28
Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of US$0.16

Parke Bancorp: Under The Radar Gem

Dec 07

Parke Bancorp (NASDAQ:PKBK) Has Announced A Dividend Of US$0.16

Sep 28
Parke Bancorp (NASDAQ:PKBK) Has Announced A Dividend Of US$0.16

Parke Bancorp: One Of The Most Efficient Banks You Will Find

Sep 04

Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of US$0.16

Jun 28
Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of US$0.16

Parke Bancorp, Not Deterred By Pandemic

Apr 27

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Parke Bancorp, Inc.'s (NASDAQ:PKBK) CEO For Now

Apr 27
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Parke Bancorp, Inc.'s (NASDAQ:PKBK) CEO For Now

Revenue & Expenses Breakdown

How Parke Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqCM:PKBK Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246328190
30 Jun 246522180
31 Mar 246723180
31 Dec 237328190
30 Sep 237531190
30 Jun 237940180
31 Mar 238243180
31 Dec 228042170
30 Sep 227941170
30 Jun 227841170
31 Mar 227841170
31 Dec 217741170
30 Sep 217539170
30 Jun 216935170
31 Mar 216331170
31 Dec 205928160
30 Sep 205728150
30 Jun 205829150
31 Mar 205930140
31 Dec 195830140
30 Sep 195729140
30 Jun 195427130
31 Mar 195226120
31 Dec 185024120
30 Sep 184718120
30 Jun 184516120
31 Mar 184213110
31 Dec 174011110
30 Sep 173014110
30 Jun 172813110
31 Mar 173718110
31 Dec 163717110
30 Sep 164517110
30 Jun 164616110
31 Mar 163610110
31 Dec 15369110
30 Sep 15348110
30 Jun 15379110
31 Mar 15379110
31 Dec 14379100
30 Sep 143610100
30 Jun 14349100
31 Mar 14339100
31 Dec 13328100

Quality Earnings: PKBK has a large one-off gain of $9.5M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: PKBK's current net profit margins (44.8%) are higher than last year (40.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PKBK's earnings have grown by 0.2% per year over the past 5 years.

Accelerating Growth: PKBK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PKBK had negative earnings growth (-8%) over the past year, making it difficult to compare to the Banks industry average (-11.7%).

Return on Equity

High ROE: PKBK's Return on Equity (9.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 21:06
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Parke Bancorp, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anthony PoliniRaymond James & Associates