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 7.1% 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 Growth | 11.2% |
| Revenue growth rate | 4.6% |
| Return on equity | 9.5% |
| Net Margin | 44.8% |
| Last Earnings Update | 30 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 Paying Out A Dividend Of $0.18
Mar 24Hold Parke Bancorp: This Small Bank Is Expected To Market Perform
Jan 24Parke Bancorp GAAP EPS of $0.87, revenue of $24.4M
Oct 19Parke Bancorp raises dividend 12.5% to $0.18
Aug 30Parke Bancorp: Offering A 3% Dividend Yield With A 20% Payout Ratio
Jun 28Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of US$0.16
Jun 28Parke Bancorp: Under The Radar Gem
Dec 07Parke Bancorp (NASDAQ:PKBK) Has Announced A Dividend Of US$0.16
Sep 28Parke Bancorp: One Of The Most Efficient Banks You Will Find
Sep 04Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of US$0.16
Jun 28Parke Bancorp, Not Deterred By Pandemic
Apr 27We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Parke Bancorp, Inc.'s (NASDAQ:PKBK) CEO For Now
Apr 27How Much Are Parke Bancorp, Inc. (NASDAQ:PKBK) Insiders Taking Off The Table?
Mar 17Revenue & Expenses Breakdown
How Parke Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 63 | 28 | 19 | 0 |
| 30 Jun 24 | 65 | 22 | 18 | 0 |
| 31 Mar 24 | 67 | 23 | 18 | 0 |
| 31 Dec 23 | 73 | 28 | 19 | 0 |
| 30 Sep 23 | 75 | 31 | 19 | 0 |
| 30 Jun 23 | 79 | 40 | 18 | 0 |
| 31 Mar 23 | 82 | 43 | 18 | 0 |
| 31 Dec 22 | 80 | 42 | 17 | 0 |
| 30 Sep 22 | 79 | 41 | 17 | 0 |
| 30 Jun 22 | 78 | 41 | 17 | 0 |
| 31 Mar 22 | 78 | 41 | 17 | 0 |
| 31 Dec 21 | 77 | 41 | 17 | 0 |
| 30 Sep 21 | 75 | 39 | 17 | 0 |
| 30 Jun 21 | 69 | 35 | 17 | 0 |
| 31 Mar 21 | 63 | 31 | 17 | 0 |
| 31 Dec 20 | 59 | 28 | 16 | 0 |
| 30 Sep 20 | 57 | 28 | 15 | 0 |
| 30 Jun 20 | 58 | 29 | 15 | 0 |
| 31 Mar 20 | 59 | 30 | 14 | 0 |
| 31 Dec 19 | 58 | 30 | 14 | 0 |
| 30 Sep 19 | 57 | 29 | 14 | 0 |
| 30 Jun 19 | 54 | 27 | 13 | 0 |
| 31 Mar 19 | 52 | 26 | 12 | 0 |
| 31 Dec 18 | 50 | 24 | 12 | 0 |
| 30 Sep 18 | 47 | 18 | 12 | 0 |
| 30 Jun 18 | 45 | 16 | 12 | 0 |
| 31 Mar 18 | 42 | 13 | 11 | 0 |
| 31 Dec 17 | 40 | 11 | 11 | 0 |
| 30 Sep 17 | 30 | 14 | 11 | 0 |
| 30 Jun 17 | 28 | 13 | 11 | 0 |
| 31 Mar 17 | 37 | 18 | 11 | 0 |
| 31 Dec 16 | 37 | 17 | 11 | 0 |
| 30 Sep 16 | 45 | 17 | 11 | 0 |
| 30 Jun 16 | 46 | 16 | 11 | 0 |
| 31 Mar 16 | 36 | 10 | 11 | 0 |
| 31 Dec 15 | 36 | 9 | 11 | 0 |
| 30 Sep 15 | 34 | 8 | 11 | 0 |
| 30 Jun 15 | 37 | 9 | 11 | 0 |
| 31 Mar 15 | 37 | 9 | 11 | 0 |
| 31 Dec 14 | 37 | 9 | 10 | 0 |
| 30 Sep 14 | 36 | 10 | 10 | 0 |
| 30 Jun 14 | 34 | 9 | 10 | 0 |
| 31 Mar 14 | 33 | 9 | 10 | 0 |
| 31 Dec 13 | 32 | 8 | 10 | 0 |
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 (-12.2%).
Return on Equity
High ROE: PKBK's Return on Equity (9.5%) is considered low.