PKBK - Parke Bancorp Inc Stock Price, Fair Value and News

16.39USD-0.16 (-0.97%)Market Closed

Market Summary

USD16.39-0.16

Market Closed

-0.97%

PKBK Stock Price

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PKBK RSI Chart

PKBK Valuation

Market Cap

196.0M

Price/Earnings (Trailing)

6.89

Price/Sales (Trailing)

1.85

EV/EBITDA

0.15

Price/Free Cashflow

8.51

PKBK Price/Sales (Trailing)

PKBK Profitability

EBT Margin

35.54%

Return on Equity

10.01%

Return on Assets

1.41%

Free Cashflow Yield

11.74%

PKBK Fundamentals

PKBK Revenue

Revenue (TTM)

106.1M

Rev. Growth (Yr)

15.84%

Rev. Growth (Qtr)

-18.75%

PKBK Earnings

Earnings (TTM)

28.5M

Earnings Growth (Yr)

-21.82%

Earnings Growth (Qtr)

694.27%

Breaking Down PKBK Revenue

Last 7 days

1.7%

Last 30 days

-2.7%

Last 90 days

-11.9%

Trailing 12 Months

-4.5%

How does PKBK drawdown profile look like?

PKBK Financial Health

PKBK Investor Care

Dividend Yield

4.39%

Dividend/Share (TTM)

0.72

Shares Dilution (1Y)

0.20%

Diluted EPS (TTM)

2.35

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	89.3M	96.0M	102.8M	106.1M
2022	79.7M	78.9M	80.6M	82.9M
2021	81.3M	82.3M	82.0M	80.6M
2020	82.7M	83.4M	83.8M	82.3M
2019	64.0M	68.9M	73.3M	79.5M
2018	51.1M	54.2M	57.4M	59.1M
2017	43.0M	44.3M	46.7M	48.7M
2016	40.4M	40.9M	41.3M	42.2M
2015	36.8M	37.0M	37.5M	39.4M
2014	37.1M	37.9M	38.3M	37.0M
2013	37.2M	36.5M	36.4M	36.8M
2012	41.0M	40.2M	39.0M	37.7M
2011	41.6M	41.5M	41.4M	41.3M
2010	0	0	0	41.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Parke Bancorp Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 15, 2024	gallo ralph martin	sold	-75,285	16.73	-4,500	executive vp/coo
Mar 15, 2024	gallo ralph martin	acquired	55,305	12.29	4,500	executive vp/coo
Feb 27, 2024	kripitz jeffrey h	sold	-39,138	16.5	-2,372	-
Feb 26, 2024	kripitz jeffrey h	sold	-99,003	16.5005	-6,000	-
Feb 23, 2024	kripitz jeffrey h	sold	-26,712	16.408	-1,628	-
Feb 13, 2024	pantilione vito s	bought	15,940	15.94	1,000	president & ceo
Feb 13, 2024	hill jonathan d.	bought	479	15.9991	30.00	svp, chief financial officer
Feb 01, 2024	pantilione vito s	bought	18,005	18.005	1,000	president & ceo
Feb 01, 2024	pantilione vito s	bought	10,803	18.005	600	president & ceo
Jan 30, 2024	kripitz jeffrey h	sold	-39,061	19.5308	-2,000	-

Which funds bought or sold PKBK recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 19, 2024	CALDWELL SUTTER CAPITAL, INC.	reduced	-1.17	-324,199	1,710,340	0.82%
Apr 15, 2024	MCDONALD PARTNERS LLC	unchanged	-	-116,305	662,267	0.18%
Apr 10, 2024	Fulton Bank, N.A.	new	-	836,979	836,979	0.03%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	new	-	276	276	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	unchanged	-	628,373	3,213,270	-%
Mar 11, 2024	VANGUARD GROUP INC	added	1.03	2,099,260	10,301,100	-%
Feb 29, 2024	Scarborough Advisors, LLC	new	-	11,767	11,767	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.4	20,246	105,280	-%
Feb 15, 2024	BARCLAYS PLC	added	757	261,000	288,000	-%
Feb 15, 2024	Legal & General Group Plc	unchanged	-	3,196	16,342	-%

Are Funds Buying or Selling PKBK?

Are funds buying PKBK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PKBK

No. of Funds

Unveiling Parke Bancorp Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 25, 2024	shemer jacob	5.09%	609,567	SC 13D/A
Mar 05, 2024	alphabeta ai multi strategy, lp	1%	3,753	SC 13D
Jan 29, 2024	blackrock inc.	5.8%	686,968	SC 13G
Feb 10, 2023	basswood capital management, l.l.c.	2.39%	284,787	SC 13G/A
Feb 14, 2022	basswood capital management, l.l.c.	5.49%	653,124	SC 13G
Jul 12, 2021	blackrock inc.	0.5%	57,926	SC 13G/A
Feb 02, 2021	blackrock inc.	5.2%	620,054	SC 13G

Recent SEC filings of Parke Bancorp Inc

View All Filings

Date Filed	Form Type	Document
Apr 19, 2024	8-K	Current Report
Apr 05, 2024	DEFA14A	DEFA14A
Mar 25, 2024	SC 13D/A	13D - Major Acquisition
Mar 22, 2024	8-K	Current Report
Mar 22, 2024	DEF 14A	DEF 14A
Mar 20, 2024	8-K	Current Report
Mar 18, 2024	4	Insider Trading
Mar 13, 2024	10-K	Annual Report
Mar 05, 2024	SC 13D	13D - Major Acquisition
Feb 28, 2024	4	Insider Trading

Peers (Alternatives to Parke Bancorp Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	545.8B	171.1B	-3.62%	34.84%	11.02	3.19	60.72%	31.52%
BAC	297.2B	130.3B	1.89%	26.38%	11.21	2.28	79.51%	-3.68%
WFC	218.6B	85.7B	6.97%	48.18%	11.42	2.55	41.49%	39.96%
C	116.5B	133.3B	0.23%	24.33%	12.63	0.87	79.09%	-
CFG	15.9B	10.2B	-1.71%	19.97%	9.86	1.55	44.53%	-22.43%
KEY	13.7B	7.9B	-2.66%	26.23%	14.13	1.72	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.86%	20.31%	7.91	1.67	56.25%	-23.46%
ZION	6.1B	3.9B	1.70%	40.85%	9.01	1.55	45.91%	-25.03%
ABCB	3.2B	1.3B	-0.47%	37.64%	12	2.52	43.24%	-22.35%
ASB	3.2B	2.0B	2.04%	17.26%	17.33	1.62	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	416.3M	164.9M	-1.17%	36.24%	35.59	2.52	42.66%	-70.76%
AROW	379.4M	162.6M	-5.72%	1.96%	12.61	2.33	25.39%	-38.37%
ACNB	296.5M	96.6M	-1.80%	12.20%	9.36	3.07	11.02%	-11.37%
ASRV	45.3M	60.9M	-3.30%	-12.00%	-13.53	0.74	24.06%	-144.92%

Parke Bancorp Inc News

Latest updates

Parke Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-18.7%	24.00	29.00	27.00	26.00	20.00	22.00	21.00	20.00	18.00	21.00	21.00	21.00	19.00	21.00	20.00	22.00	21.00	20.00	20.00	18.00	15.00
EBITDA Margin	-8.4%	0.97*	1.05*	1.30*	1.47*	1.57*	1.58*	1.59*	1.58*	1.55*	1.50*	1.40*	1.31*	1.24*	-	-	-	-	-	-	-	-
Interest Expenses	-1.1%	16.00	16.00	16.00	17.00	19.00	19.00	18.00	17.00	17.00	17.00	18.00	17.00	17.00	15.00	15.00	15.00	15.00	14.00	14.00	13.00	13.00
Income Taxes	778.4%	3.00	0.00	2.00	3.00	3.00	4.00	4.00	3.00	3.00	4.00	4.00	3.00	3.00	2.00	2.00	3.00	2.00	3.00	2.00	2.00	2.00
Earnings Before Taxes	715.2%	11.00	1.00	11.00	15.00	14.00	14.00	14.00	13.00	13.00	14.00	14.00	13.00	11.00	9.00	9.00	10.00	10.00	10.00	10.00	9.00	9.00
EBT Margin	-9.2%	0.36*	0.39*	0.56*	0.64*	0.68*	0.69*	0.71*	0.70*	0.68*	0.64*	0.57*	0.51*	0.47*	-	-	-	-	-	-	-	-
Net Income	694.3%	8.00	1.00	8.00	11.00	10.00	11.00	11.00	10.00	10.00	11.00	11.00	9.00	8.00	7.00	7.00	7.00	8.00	8.00	7.00	7.00	7.00
Net Income Margin	-10.2%	0.27*	0.30*	0.42*	0.48*	0.50*	0.51*	0.53*	0.52*	0.51*	0.47*	0.42*	0.38*	0.35*	-	-	-	-	-	-	-	-
Free Cashflow	1334.2%	9.00	-0.73	4.00	10.00	9.00	12.00	13.00	9.00	9.00	11.00	8.00	11.00	14.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.0%	2,024	1,984	1,982	1,964	1,985	1,923	1,990	2,054	2,136	2,156	2,101	2,103	2,078	2,076	1,936	1,816	1,681	1,598	1,550	1,558	1,467
Cash Equivalents	42.3%	180	127	137	146	182	193	393	504	597	624	531	504	459	443	321	283	192	152	168	189	154
Net PPE	-1.5%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00
Liabilities	2.0%	1,739	1,706	1,703	1,691	1,719	1,666	1,741	1,814	1,904	1,930	1,884	1,893	1,876	1,882	1,746	1,631	1,502	1,425	1,383	1,397	1,312
Shareholder's Equity	2.3%	284	278	279	273	266	257	249	240	232	226	217	210	203	194	190	185	179	174	167	161	155
Retained Earnings	4.2%	149	143	145	139	132	123	115	106	98.00	90.00	81.00	74.00	67.00	59.00	54.00	49.00	44.00	59.00	53.00	48.00	42.00
Additional Paid-In Capital	0.1%	137	137	136	136	136	136	136	136	135	135	135	135	135	135	135	135	135	114	114	114	113
Shares Outstanding	0.0%	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	1.00	1.00	1.00	2.00	2.00	1.00	1.00	2.00	2.00	2.00	2.00	1.00
Float	-	-	-	174	-	-	-	209	-	-	-	194	-	-	-	145	-	-	-	213	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	1334.2%	9,034	-732	4,167	10,549	9,153	12,394	13,234	8,669	9,143	10,586	7,861	11,051	14,027	11,155	1,914	9,421	9,203	9,340	5,256	10,634	10,051
Share Based Compensation	-16.0%	84.00	100	106	107	97.00	117	75.00	60.00	62.00	59.00	59.00	50.00	70.00	70.00	60.00	65.00	41.00	41.00	89.00	5.00	42.00
Cashflow From Investing	238.0%	13,064	-9,464	-24,078	-14,414	-71,321	-132,213	-51,017	-8,393	-9,121	38,111	28,644	21,555	11,588	-25,350	-74,406	-45,619	-43,668	-67,177	-8,746	-56,544	-59,480
Cashflow From Financing	5721.7%	31,538	-561	11,434	-32,311	50,974	-80,078	-72,805	-93,000	-27,294	44,334	-10,068	13,150	-9,736	135,994	110,224	127,782	74,392	41,724	-17,235	79,957	117,165
Dividend Payments	0.0%	2,158	2,157	2,157	2,157	-1.00	4,061	1,912	1,914	5.00	1,910	3,819	1,899	1,903	1,903	1,903	1,735	1,731	1,731	1,514	1,514	-

PKBK Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest income:
Interest and fees on loans	$ 106,061	$ 82,900
Interest and dividends on investments	1,048	772
Interest on deposits with banks	5,595	3,811
Total interest income	112,704	87,483
Interest expense:
Interest on deposits	41,259	11,071
Interest on borrowings	7,231	3,085
Total interest expense	48,490	14,156
Net interest income	64,214	73,327
(Recovery of) provision for credit losses	(2,051)	1,800
Net interest income after (recovery of) provision for credit losses	66,265	71,527
Non-interest income
Service fees on deposit accounts	3,872	4,927
Other loan fees	851	1,379
Bank owned life insurance income	737	568
Gain on sale of SBA loans	0	98
Net gain on OREO	38	328
Other	1,194	1,082
Total non-interest income	6,692	8,382
Non-interest expense
Compensation and benefits	12,340	10,835
Professional services	2,328	2,249
Occupancy and equipment	2,604	2,522
Data processing	1,385	1,293
FDIC insurance and other assessments	1,292	1,050
OREO expense	839	493
Other operating expense	14,479	5,391
Total non-interest expense	35,267	23,833
Income before income tax expense	37,690	56,076
Income tax expense	9,228	14,253
Net income attributable to Company	28,462	41,823
Less: Preferred stock dividend	(26)	(27)
Net income available to common shareholders	$ 28,436	$ 41,796
Earnings per common share
Basic (in dollars per share)	$ 2.38	$ 3.51
Diluted (in dollars per share)	$ 2.35	$ 3.44
Weighted average common shares outstanding
Basic (in shares)	11,945,740	11,918,319
Diluted (in shares)	12,137,052	12,175,440

PKBK Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 12,716	$ 27,165
Interest earning deposits with banks	167,660	154,985
Cash and cash equivalents	180,376	182,150
Investment securities available for sale, at fair value	7,095	9,366
Investment securities held to maturity, net of allowance for credit losses of $0 at December 31, 2023 (fair value of $7,892 at December 31, 2023 and $7,805 at December 31, 2022)	9,292	9,378
Total investment securities	16,387	18,744
Loans, net of unearned income	1,787,340	1,751,459
Less: Allowance for credit losses	(32,131)	(31,845)
Net loans	1,755,209	1,719,614
Accrued interest receivable	8,555	8,768
Premises and equipment, net	5,579	5,958
Restricted stock	7,636	5,439
Bank owned life insurance (BOLI)	28,415	28,145
Deferred tax asset	9,262	9,184
Other real estate owned (OREO)	1,550	1,550
Other	10,531	5,363
Total Assets	2,023,500	1,984,915
Deposits
Noninterest-bearing deposits	232,189	352,546
Interest-bearing deposits	1,320,638	1,223,435
Total deposits	1,552,827	1,575,981
FHLBNY borrowings	125,000	83,150
Subordinated debentures	43,111	42,921
Accrued interest payable	4,146	2,664
Accrued expenses and other liabilities	14,099	14,165
Total liabilities	1,739,183	1,718,881
Shareholders' Equity
Preferred stock, 1,000,000 shares authorized, $1,000 liquidation value Series B non-cumulative convertible; 375 shares and 445 shares outstanding at December 31, 2023 and 2022, respectively	375	445
Common stock, $0.10 par value; authorized 15,000,000 shares; Issued: 12,240,821 shares and 12,225,097 shares at December 31, 2023 and 2022, respectively	1,224	1,223
Additional paid-in capital	136,700	136,201
Retained earnings	149,437	131,706
Accumulated other comprehensive loss	(404)	(526)
Treasury stock, 284,522 shares at December 31, 2023 and 2022, at cost	(3,015)	(3,015)
Total shareholders’ equity	284,317	266,034
Total liabilities and shareholders' equity	$ 2,023,500	$ 1,984,915

About Parke Bancorp Inc

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. In addition, the company provides debit cards, internet banking, and online bill payment services. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey.

CEO	Mr. Vito S. Pantilione
WEBSITE	parkebank.com
INDUSTRY	Banks Diversified
EMPLOYEES	104

Parke Bancorp Inc Frequently Asked Questions

What is the ticker symbol for Parke Bancorp Inc? What does PKBK stand for in stocks?

PKBK is the stock ticker symbol of Parke Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Parke Bancorp Inc (PKBK)?

As of Mon Apr 22 2024, market cap of Parke Bancorp Inc is 196 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PKBK stock?

You can check PKBK's fair value in chart for subscribers.

What is the fair value of PKBK stock?

You can check PKBK's fair value in chart for subscribers. The fair value of Parke Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Parke Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PKBK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Parke Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether PKBK is over valued or under valued. Whether Parke Bancorp Inc is cheap or expensive depends on the assumptions which impact Parke Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PKBK.

What is Parke Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 22 2024, PKBK's PE ratio (Price to Earnings) is 6.89 and Price to Sales (PS) ratio is 1.85. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PKBK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Parke Bancorp Inc's stock?

In the past 10 years, Parke Bancorp Inc has provided 0.107 (multiply by 100 for percentage) rate of return.