Parke Bancorp Inc

Parke Bancorp Inc

PKBK · NASDAQ · Financial Services / Banks - Regional

32.55USD-0.21 (-0.64%)

Price History

Full chart

Market Stats

Previous Close32.76
Open32.48
Day Range31.99 – 32.71
52-Week Range19.33 – 35.70
Volume39.18K
Market Cap397.18M
P/E (TTM)8.68
Forward P/E7.66
EPS3.89
Dividend Yield2.37%
Beta0.48
50-Day Avg34.02
200-Day Avg30.13

About

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. Its accepts various deposit products, including checking, savings, money market, time, and other traditional deposit services, as well as individual retirement accounts and certificates of deposit. The company's loan portfolio consists of residential, commercial real estate, construction, commercial and industry, and consumer loans. It also offers debit cards, internet banking, and online bill payment services. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Vito S. Pantilione
  • Employees103
  • Headquarters601 Delsea Drive, Washington Township, NJ, United States, 08080, USA
  • Websitehttps://www.parkebank.com

Leadership

  • Mr. Vito S. PantilionePresident, CEO & Director · b. 1952
  • Mr. Jonathan D. HillSenior VP & CFO · b. 1980
  • Mr. Ralph Martin GalloExecutive VP & COO · b. 1958
  • Ms. Elizabeth A. MilavskyDirector · b. 1952
  • Mr. Nicholas J. PantilioneSenior VP & Chief Lending Officer · b. 1986
  • Mr. Ralph A. BonadiesSenior VP & Chief Risk Officer · b. 1957
  • Mr. James B. MeadowsSenior Vice President & Chief Credit Officer
  • Ms. Linda A. KaiserCorporate Secretary

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue817.00K4.14M10.22M12.63M18.23M26.33M34.68M37.94M41.58M44.52M46.03M42.11M40.21M45.76M44.49M52.49M50.30M65.28M83.38M88.72M90.87M95.86M119.40M129.41M146.08M
Growth (%)-+406.69%+146.96%+23.51%+44.39%+44.43%+31.69%+9.40%+9.61%+7.05%+3.41%-8.52%-4.52%+13.81%-2.78%+17.99%-4.18%+29.78%+27.72%+6.41%+2.42%+5.50%+24.55%+8.39%+12.88%
Cost of Revenue3.02M3.46M4.10M4.57M7.86M12.96M18.76M21.35M21.03M20.35M19.68M14.72M8.49M8.83M8.85M8.23M10.78M15.57M25.36M29.54M13.46M15.96M46.44M67.13M68.16M
Gross Profit817.00K4.14M6.12M8.06M10.37M13.37M15.92M16.58M20.55M24.17M26.35M27.39M31.71M36.93M35.64M44.27M39.52M49.71M58.02M59.18M77.42M79.91M72.96M62.28M77.93M
Gross Margin100.00%100.00%59.85%63.80%56.87%50.77%45.91%43.71%49.42%54.28%57.25%65.04%78.87%80.71%80.10%84.33%78.57%76.15%69.59%66.71%85.19%83.36%61.11%48.13%53.34%
Operating Expense-2.27M-383.30K2.84M3.59M4.54M5.83M6.33M9.49M10.49M11.77M12.63M15.08M18.85M18.91M16.85M16.63M15.29M16.30M17.95M20.30M22.50M23.83M35.27M25.98M27.97M
Operating Income3.09M4.52M3.28M4.47M5.82M7.54M9.60M7.09M10.06M12.39M13.73M12.31M12.86M18.02M18.79M27.64M24.23M33.41M40.07M38.89M54.91M56.08M37.69M36.30M49.95M
Operating Margin377.85%109.26%32.10%35.37%31.94%28.64%27.67%18.70%24.20%27.84%29.82%29.23%31.99%39.38%42.23%52.65%48.17%51.19%48.06%43.83%60.43%58.49%31.57%28.05%34.19%
EBITDA3.09M4.52M3.48M4.72M6.01M7.80M9.83M7.40M10.38M12.74M14.09M12.67M13.20M18.37M19.04M27.91M24.55M33.80M40.50M39.38M55.60M56.72M38.15M36.87M50.35M
EBITDA Margin377.85%109.26%34.00%37.36%32.99%29.63%28.34%19.51%24.95%28.62%30.62%30.08%32.83%40.14%42.79%53.17%48.80%51.77%48.58%44.39%61.18%59.17%31.96%28.49%34.47%
Net Income440.00K941.98K2.00M2.72M3.49M4.62M5.85M4.25M6.10M7.34M7.27M7.31M7.57M10.47M10.70M18.51M11.87M24.82M29.84M28.43M40.76M41.82M28.46M27.51M37.77M
Net Income Margin53.86%22.76%19.58%21.56%19.16%17.56%16.88%11.19%14.67%16.49%15.80%17.36%18.83%22.89%24.04%35.26%23.60%38.03%35.79%32.04%44.85%43.63%23.84%21.26%25.86%
R&D----------00000000-------
R&D as % of Total Revenue----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense2.65M2.96M3.18M3.75M6.68M12.02M17.59M19.29M15.73M11.35M9.23M7.42M5.79M5.58M5.81M6.76M8.28M13.77M22.66M21.89M12.96M14.16M48.49M66.41M66.22M
Interest Expense % of Total Revenue323.99%71.52%31.12%29.67%36.66%45.66%50.74%50.85%37.84%25.50%20.05%17.63%14.41%12.19%13.06%12.89%16.46%21.09%27.17%24.68%14.26%14.77%40.61%51.31%45.33%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets81.95M130.90M174.00M224.34M297.81M360.00M460.80M601.95M654.20M756.85M790.74M770.38M794.94M821.85M885.29M1.02B1.14B1.47B1.68B2.08B2.14B1.98B2.02B2.14B2.25B
Total Liabilities73.40M113.28M154.01M201.51M270.62M329.29M424.38M561.65M592.23M686.12M713.47M686.93M700.98M718.80M773.08M889.05M1.00B1.31B1.50B1.88B1.90B1.72B1.74B1.84B1.92B
Total Equity8.55M17.63M19.99M22.83M27.19M30.71M36.42M40.30M61.97M70.70M77.22M83.54M93.72M103.05M112.21M127.09M134.78M155.00M179.42M200.93M232.36M266.03M284.32M300.07M324.52M
Cash4.63M3.52M2.54M1.78M4.38M6.18M4.62M6.70M4.10M1.48M3.73M2.60M4.28M36.24M27.43M70.72M42.11M154.47M191.61M458.60M596.55M182.15M180.38M221.53M156.86M
Total Debt-4.95M10.34M20.38M52.16M34.85M40.32M61.94M67.83M54.16M74.01M43.85M68.68M85.96M122.20M132.55M214.20M186.70M260.20M267.22M120.88M126.07M168.11M188.30M143.40M
Net Debt-4.63M1.43M7.80M18.60M47.78M28.67M35.70M55.24M63.73M52.69M70.28M41.25M64.41M26.52M70.62M22.33M85.94M-36.42M-43.55M-191.38M-475.67M-56.08M-12.27M-33.23M-13.46M

Cash Flow

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--2.35M3.35M4.60M6.32M5.01M7.90M6.76M17.37M17.48M17.28M5.39M26.53M5.05M12.72M19.00M28.90M34.43M36.52M38.64M43.45M23.02M35.13M39.55M
Investing Cash Flow---46.42M-53.24M-71.17M-55.19M-102.31M-149.06M-56.48M-55.18M-3.13M-21.16M-51.69M-47.79M-64.42M-84.29M-155.99M-219.89M-176.13M-133.79M79.19M-262.94M-34.89M-80.07M-173.07M
Financing Cash Flow--40.80M47.42M69.14M55.75M95.22M139.25M46.61M91.28M38.25M-29.49M15.09M11.83M50.56M114.86M108.38M303.35M178.84M364.26M20.12M-194.91M10.10M86.06M68.86M
Capital Expenditure00839.31K259.25K97.00K631.00K86.00K103.00K159.00K1.77M209.00K225.00K113.00K118.00K352.00K875.00K2.15M138.00K594.00K251.00K64.00K150.00K105.00K119.00K595.00K
Free Cash Flow--1.51M3.09M4.51M5.69M4.93M7.80M6.60M15.61M17.27M17.06M5.28M26.41M4.70M11.85M16.85M28.76M33.84M36.27M38.58M43.30M23.02M35.04M38.93M
Dividends Paid-----568.00K4.00K4.00K645.00K813.00K816.00K816.00K818.00K1.57M2.66M3.23M4.38M5.41M6.49M7.44M7.63M7.89M8.63M8.60M8.45M
FCF to OCF--64.23%92.27%97.89%90.02%98.29%98.70%97.65%89.84%98.80%98.70%97.90%99.56%93.04%93.12%88.69%99.52%98.27%99.31%99.83%99.65%100.00%99.73%98.42%
Dividend Paid to FCF-----9.98%0.08%0.05%9.77%5.21%4.72%4.78%15.50%5.96%56.59%27.30%26.03%18.82%19.18%20.53%19.79%18.21%37.49%24.55%21.71%

Earnings

Report DateMay 5, 2003Jul 22, 2003Oct 22, 2003Jan 20, 2004Apr 20, 2004Jul 26, 2004Oct 20, 2004Jan 20, 2005Apr 29, 2005Jul 19, 2005Oct 18, 2005Jan 19, 2006Apr 18, 2006Jul 18, 2006Oct 17, 2006Jan 23, 2007Apr 23, 2007Jul 24, 2007Oct 24, 2007Jan 18, 2008Apr 16, 2008Jul 14, 2008Oct 30, 2008Jan 29, 2009May 8, 2009Aug 7, 2009Oct 23, 2009Feb 4, 2010Apr 26, 2010Jul 26, 2010Oct 25, 2010Feb 4, 2011Apr 25, 2011Jul 25, 2011Oct 31, 2011Feb 2, 2012Apr 23, 2012Jul 27, 2012Oct 26, 2012Jan 25, 2013Apr 22, 2013Jul 24, 2013Oct 24, 2013Jan 24, 2014Apr 23, 2014Jul 23, 2014Oct 20, 2014Mar 31, 2015Jun 30, 2015Jul 22, 2015Oct 19, 2015Jan 25, 2016Apr 19, 2016Jul 20, 2016Oct 21, 2016Jan 23, 2017Apr 18, 2017Jul 20, 2017Oct 23, 2017Jan 24, 2018Apr 17, 2018Jul 19, 2018Oct 25, 2018Jan 24, 2019Apr 16, 2019Jul 22, 2019Oct 23, 2019Jan 22, 2020Apr 21, 2020Jul 27, 2020Oct 22, 2020Jan 21, 2021Apr 22, 2021Jul 21, 2021Oct 20, 2021Jan 19, 2022Apr 19, 2022Jul 20, 2022Oct 19, 2022Jan 18, 2023Apr 24, 2023Jul 26, 2023Oct 25, 2023Jan 24, 2024Apr 19, 2024Jul 19, 2024Oct 18, 2024Jan 24, 2025Apr 17, 2025Jul 17, 2025Oct 17, 2025Jan 22, 2026Apr 15, 2026Jul 22, 2026Oct 28, 2026
EPS Estimate-0.050.060.080.080.010.010.01--0.09-0.100.120.11-0.110.11-0.150.170.160.140.140.140.150.020.170.160.180.220.210.200.210.230.160.160.190.190.170.170.180.180.180.190.210.21------------------0.00-----------------------------
EPS Actual0.050.060.080.080.080.010.010.010.090.110.100.110.120.120.140.140.150.150.180.170.140.140.150.190.160.130.020.170.180.200.180.170.230.210.150.120.170.190.160.180.220.200.200.350.200.210.300.220.220.210.280.220.730.330.280.290.290.310.350.370.560.570.560.630.650.680.710.690.600.550.550.680.780.890.870.830.830.880.870.860.920.670.680.670.510.530.620.610.650.690.890.930.991.03-
Surprise-20.00%33.33%0.00%0.00%0.00%0.00%0.00%--11.11%-20.00%0.00%27.27%-36.36%36.36%-13.33%-17.65%-12.50%7.14%35.71%14.29%-13.33%0.00%0.00%12.50%11.11%-18.18%-19.05%15.00%0.00%-34.78%-25.00%6.25%0.00%-15.79%5.88%29.41%11.11%11.11%94.44%5.26%0.00%42.86%------------------------------------------------
Timing-After-hoursAfter-hoursAfter-hoursAfter-hours-----After-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours----After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours---------------After-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hours-Pre-market

Key Statistics & Ratios

Market Cap397.18M
Enterprise Value370.19M
Trailing P/E8.68
Forward P/E7.66
PEG Ratio0.43
Price / Sales4.47
Price / Book1.15
EPS3.89
Book Value29.40
Revenue (TTM)88.83M
Gross Profit (TTM)88.83M
Profit Margin51.56%
Operating Margin71.99%
Return on Equity13.92%
Return on Assets2.05%
Shares Outstanding11.76M
Shares Float9.78M
Beta0.48
Dividend Yield2.37%
Dividend Rate0.80
Payout Ratio19.77%

Ownership Breakdown

Institutions
67.86%
Insiders
15.31%
Retail / Other
16.83%

Top Institutional Holders

  • Dimensional Fund Advisors, Inc.
    639.02K5.43%
  • BlackRock Inc
    618.71K5.26%
  • Vanguard Capital Management, LLC
    453.81K3.86%
  • Ategra Capital Management LLC
    343.84K2.92%
  • M3F, Inc.
    332.88K2.83%
  • Cutler Capital Management
    317.43K2.70%
  • Pacific Ridge Capital Partners, LLC
    291.18K2.48%
  • Arrowstreet Capital Limited Partnership
    263.05K2.24%
  • American Century Companies Inc
    256.79K2.18%
  • Rhino Investment Partners, Inc.
    227.77K1.94%
  • Geode Capital Management, LLC
    226.02K1.92%
  • Renaissance Technologies Corp
    198.95K1.69%
  • State Street Corp
    182.25K1.55%
  • Empowered Funds, LLC
    169.68K1.44%
  • Philadelphia Trust Co
    153.91K1.31%
  • Siena Capital Management, LLC
    144.82K1.23%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    335.06K2.85%
  • iShares Russell 2000 ETF
    303.75K2.58%
  • Avantis US Small Cap Value ETF
    266.62K2.27%
  • DFA US Small Cap Value I
    151.87K1.29%

Dividends

20263×
0.20Jul 2, 20260.18Apr 2, 20260.18Jan 2, 2026
20254×
0.18Oct 3, 20250.18Jul 3, 20250.18Apr 4, 20250.18Jan 3, 2025
20244×
0.18Oct 4, 20240.18Jul 5, 20240.18Apr 4, 20240.18Jan 2, 2024
20234×
0.18Sep 29, 20230.18Jul 7, 20230.18Apr 6, 20230.18Jan 3, 2023
20224×
0.18Sep 8, 20220.16Jul 1, 20220.16Apr 5, 20220.16Jan 4, 2022
20214×
0.16Oct 5, 20210.16Jul 2, 20210.16May 3, 20210.16Jan 29, 2021
20201×
0.16Oct 8, 2020

Stock Splits

  • Feb 14, 202011:10
  • May 3, 201711:10
  • May 3, 201311:10
  • May 4, 201211:10
  • May 7, 201011:10
  • Apr 3, 2008115:100
  • Apr 10, 200711:10
  • Apr 7, 200612:10
  • Dec 10, 2004120:100
  • Nov 28, 200311:10