PKBK Stock Overview
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.
Parke Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$24.51|
|52 Week High||US$25.85|
|52 Week Low||US$18.50|
|1 Month Change||6.15%|
|3 Month Change||0.95%|
|1 Year Change||17.72%|
|3 Year Change||26.88%|
|5 Year Change||41.90%|
|Change since IPO||792.17%|
Recent News & Updates
|PKBK||US Banks||US Market|
Return vs Industry: PKBK exceeded the US Banks industry which returned -20.8% over the past year.
Return vs Market: PKBK exceeded the US Market which returned -10.8% over the past year.
|PKBK Average Weekly Movement||3.2%|
|Banks Industry Average Movement||3.9%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: PKBK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PKBK's weekly volatility (3%) has been stable over the past year.
About the Company
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.
Parke Bancorp Fundamentals Summary
|PKBK fundamental statistics|
Is PKBK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PKBK income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||3.47|
|Net Profit Margin||53.04%|
How did PKBK perform over the long term?See historical performance and comparison
2.6%Current Dividend Yield
Is Parke Bancorp undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PKBK ($24.51) is trading below our estimate of fair value ($60.19)
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 (7.1x) compared to the US Banks industry average (9.7x).
PE vs Market: PKBK is good value based on its PE Ratio (7.1x) compared to the US market (15.5x).
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 (1.2x) compared to the US Banks industry average (1.1x).
How is Parke Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PKBK has high quality earnings.
Growing Profit Margin: PKBK's current net profit margins (53%) are higher than last year (48.6%).
Past Earnings Growth Analysis
Earnings Trend: PKBK's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: PKBK's earnings growth over the past year (35.2%) exceeds its 5-year average (21.9% per year).
Earnings vs Industry: PKBK earnings growth over the past year (35.2%) exceeded the Banks industry 20.9%.
Return on Equity
High ROE: PKBK's Return on Equity (17.3%) is considered low.
How is Parke Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: PKBK's Assets to Equity ratio (8.5x) is low.
Allowance for Bad Loans: PKBK has a sufficient allowance for bad loans (767%).
Low Risk Liabilities: 92% of PKBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: PKBK has an appropriate level of Loans to Assets ratio (71%).
Low Risk Deposits: PKBK's Loans to Deposits ratio (87%) is appropriate.
Level of Bad Loans: PKBK has an appropriate level of bad loans (0.3%).
What is Parke Bancorp current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PKBK's dividend (2.61%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: PKBK's dividend (2.61%) is low compared to the top 25% of dividend payers in the US market (4.06%).
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 8 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.4%), 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 or that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vito Pantilione (69 yo)
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 ($USD1.44M) is about average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Vito's compensation has been consistent with company performance over the past year.
Experienced Management: PKBK's management team is seasoned and experienced (9.8 years average tenure).
Experienced Board: PKBK's board of directors are seasoned and experienced ( 15.1 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 not been meaningfully diluted in the past year.
Parke Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Parke Bancorp, Inc.
- Ticker: PKBK
- Exchange: NasdaqCM
- Founded: 1999
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$282.946m
- Shares outstanding: 11.91m
- Website: https://www.parkebank.com
Number of Employees
- Parke Bancorp, Inc.
- 601 Delsea Drive
- Washington Township
- New Jersey
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 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.