Parke Bancorp, Inc. (PKBK) 10-Year Financial Performance & Capital Metrics

PKBK • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

AboutParke 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. It operates through 7 branch offices in Galloway Township, Northfield, Washington Township, and Collingswood, New Jersey; and Philadelphia, Pennsylvania. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey.Show more

Net Interest Income $59M -8.6%
Total Revenue $129M +8.4%
Net Income $28M -3.3%
Return on Equity 9.42% -9.0%
Net Interest Margin 2.74% -13.6%
Efficiency Ratio 20.08% -32.0%
ROA 1.32% -7.0%
Equity / Assets 14.01% -0.3%
Book Value per Share 24.72 +5.5%
Tangible BV/Share 24.72 +5.5%
Debt/Equity 0.63 +6.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 20.1% efficiency ratio
✓Well capitalized: 14.0% equity/assets
✓Healthy dividend yield of 2.8%
✓Trading near 52-week high
✓Trading at only 1.0x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y10.95%

5Y9.19%

3Y12.51%

TTM-

Profit (Net Income) CAGR

10Y10.14%

5Y-1.61%

3Y-12.28%

TTM20.51%

EPS CAGR

10Y9.69%

5Y-1.75%

3Y-12.25%

TTM21.89%

ROCE

10Y Avg10.97%

5Y Avg10.6%

3Y Avg10.21%

Latest7.49%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	33.6M	35.44M	40.38M	48.1M	56.88M	62.65M	69.12M	73.33M	64.21M	58.71M
NII Growth %	0.03%	0.05%	0.14%	0.19%	0.18%	0.1%	0.1%	0.06%	-0.12%	-0.09%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	39.41M	42.2M	48.66M	61.86M	79.54M	84.54M	82.07M	87.48M	112.7M	125.11M
Interest Expense	5.81M	6.76M	8.28M	13.77M	22.66M	21.89M	12.96M	14.16M	48.49M	66.41M
Loan Loss Provision	3.04M	1.46M	2.5M	1.8M	2.7M	7.65M	500K	1.8M	-2.05M	728K
Non-Interest Income+	5.08M	10.29M	1.65M	3.42M	3.84M	4.18M	8.8M	8.38M	6.69M	4.3M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	44.49M	52.49M	50.3M	65.28M	83.38M	88.72M	90.87M	95.86M	119.4M	129.41M
Revenue Growth %	-0.03%	0.18%	-0.04%	0.3%	0.28%	0.06%	0.02%	0.05%	0.25%	0.08%
Non-Interest Expense	16.85M	16.63M	15.29M	16.3M	17.95M	20.3M	22.5M	23.83M	35.27M	25.98M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	18.79M	27.64M	24.23M	33.41M	40.07M	38.89M	54.91M	56.08M	37.69M	36.3M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.04%	0.47%	-0.12%	0.38%	0.2%	-0.03%	0.41%	0.02%	-0.33%	-0.04%
Pretax Income+	18.79M	27.64M	24.23M	33.41M	40.07M	38.89M	54.91M	56.08M	37.69M	36.3M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	6.84M	8.7M	12.39M	8.38M	9.79M	10.01M	13.94M	14.25M	9.23M	8.79M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	10.7M	18.51M	11.87M	24.82M	29.84M	28.43M	40.76M	41.82M	28.46M	27.51M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.02%	0.73%	-0.36%	1.09%	0.2%	-0.05%	0.43%	0.03%	-0.32%	-0.03%
Net Income (Continuing)	11.94M	18.94M	11.84M	25.04M	30.29M	28.88M	40.98M	41.82M	28.46M	27.51M
EPS (Diluted)+	0.92	1.55	1.02	2.07	2.48	2.37	3.36	3.44	2.35	2.27
EPS Growth %	0.02%	0.68%	-0.34%	1.03%	0.2%	-0.04%	0.42%	0.02%	-0.32%	-0.03%
EPS (Basic)	1.07	1.90	1.16	2.30	2.52	2.40	3.43	3.51	2.38	2.30
Diluted Shares Outstanding	11.67M	11.93M	11.57M	12M	12.01M	11.99M	12.12M	12.18M	12.14M	12.14M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	3.13M	4.4M	14.45M	154.47M	191.61M	458.6M	596.55M	182.15M	180.38M	221.53M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Total Investments+	789.75M	883.45M	1.04B	1.25B	1.43B	1.56B	1.48B	1.74B	1.77B	1.85B
Investments Growth %	0.08%	0.12%	0.17%	0.21%	0.14%	0.09%	-0.05%	0.18%	0.02%	0.04%
Long-Term Investments	747.19M	838.6M	998.99M	1.22B	1.4B	1.54B	1.46B	1.73B	1.76B	1.85B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	4.59M	5.2M	7.03M	6.78M	6.95M	6.7M	6.26M	5.96M	5.58M	5.32M
Other Assets	73.71M	109.28M	68.55M	39.55M	43.34M	38.23M	40.07M	40.5M	48.13M	46.28M
Total Current Assets	48.71M	52.37M	56.47M	190.94M	224.29M	487.25M	617.59M	200.28M	196.03M	231.19M
Total Non-Current Assets	836.41M	963.82M	1.08B	1.28B	1.46B	1.59B	1.52B	1.78B	1.84B	1.91B
Total Assets+	885.29M	1.02B	1.14B	1.47B	1.68B	2.08B	2.14B	1.98B	2.02B	2.14B
Asset Growth %	0.08%	0.15%	0.12%	0.29%	0.15%	0.24%	0.03%	-0.07%	0.02%	0.06%
Return on Assets (ROA)	0.01%	0.02%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.01%	0.01%
Accounts Payable	494K	655K	719K	1.39M	2.26M	2.34M	1.6M	2.66M	4.15M	7.97M
Total Debt+	98.05M	93.05M	128.05M	118.05M	148.05M	267.22M	120.88M	126.07M	168.11M	188.3M
Net Debt	94.92M	88.65M	113.6M	-36.42M	-43.55M	-191.38M	-475.67M	-56.08M	-12.27M	-33.23M
Long-Term Debt	98.05M	93.05M	128.05M	118.05M	148.05M	267.22M	120.88M	126.07M	168.11M	188.3M
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Liabilities	9.16M	6.69M	7.52M	9.09M	12.2M	13.73M	13.19M	14.16M	14.1M	14.85M
Total Current Liabilities	665.7M	789.35M	867.1M	1.19B	1.34B	1.59B	1.77B	1.58B	1.56B	1.64B
Total Non-Current Liabilities	107.21M	99.75M	135.57M	127.14M	160.26M	280.94M	134.07M	140.24M	182.21M	203.15M
Total Liabilities	773.08M	889.1M	1B	1.31B	1.5B	1.88B	1.9B	1.72B	1.74B	1.84B
Total Equity+	112.21M	127.09M	134.78M	155M	179.42M	202.6M	232.36M	266.03M	284.32M	300.07M
Equity Growth %	0.09%	0.13%	0.06%	0.15%	0.16%	0.13%	0.15%	0.14%	0.07%	0.06%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.1%	0.15%	0.09%	0.17%	0.18%	0.15%	0.19%	0.17%	0.1%	0.09%
Book Value per Share	9.61	10.65	11.65	12.91	14.94	16.90	19.17	21.85	23.43	24.72
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	650K	715K	830K	1.09M	1.21M	1.21M	1.22M	1.22M	1.22M	1.23M
Additional Paid-in Capital	53.98M	62.3M	81.94M	112.81M	134.71M	134.99M	135.45M	136.2M	136.7M	137.78M
Retained Earnings	40.58M	47.48M	39.18M	42.08M	44.14M	66.79M	98.02M	131.71M	149.44M	168.35M
Accumulated OCI	-165K	-349K	-130K	-633K	58K	463K	245K	-526K	-404K	-337K
Treasury Stock	-3.01M	-3.02M	-3.02M	-3.02M	-3.02M	-3.02M	-3.02M	-3.02M	-3.02M	-7.28M
Preferred Stock	20M	20M	15.97M	1.22M	500K	480K	445K	445K	375K	325K

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	5.05M	12.72M	19M	28.9M	34.43M	36.52M	38.64M	43.45M	23.02M	35.13M
Operating CF Growth %	-0.81%	1.52%	0.49%	0.52%	0.19%	0.06%	0.06%	0.12%	-0.47%	0.53%
Net Income	11.94M	18.94M	11.84M	25.04M	30.29M	28.88M	40.98M	41.82M	28.46M	27.51M
Depreciation & Amortization	251K	269K	320K	380K	431K	586K	687K	646K	464K	571K
Deferred Taxes	-190K	305K	4.14M	58K	-163K	-2.29M	1.08M	-1.32M	595K	126K
Other Non-Cash Items	-7.63M	-5.08M	1.79M	3.04M	2.61M	7.47M	-95K	895K	-2.86M	5K
Working Capital Changes	678K	-1.71M	829K	272K	1.09M	1.62M	-4.24M	1.06M	-4.04M	6.58M
Cash from Investing+	-64.42M	-84.29M	-155.99M	-219.89M	-176.13M	-133.79M	79.19M	-262.94M	-34.89M	-80.07M
Purchase of Investments	-20.48M	-10M	0	0	0	0	-8.69M	0	0	0
Sale/Maturity of Investments	0	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	-43.59M	-73.41M	-160.97M	-226.95M	-181.03M	-140.7M	79.21M	-266.29M	-37.56M	-81.71M
Cash from Financing+	50.56M	114.86M	108.38M	303.35M	178.84M	364.26M	20.12M	-194.91M	10.1M	86.06M
Dividends Paid	-2.66M	-3.23M	-4.38M	-5.41M	-6.49M	-7.44M	-7.63M	-7.89M	-8.63M	-8.6M
Share Repurchases	-831K	-4K	0	0	0	0	-201K	0	0	-4.26M
Stock Issued	0	0	0	0	0	0	201K	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	-1000K	1000K	-1000K	1000K	1000K	-1000K	1000K	1000K	1000K
Other Financing	18.75M	123.1M	77.77M	318.76M	155.33M	252.63M	174.28M	-192.02M	-23.12M	78.93M
Net Change in Cash+	-8.81M	43.29M	-28.61M	112.36M	37.14M	266.99M	137.95M	-414.4M	-1.77M	41.15M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	36.24M	27.43M	70.72M	42.11M	154.47M	191.61M	458.6M	596.55M	182.15M	180.38M
Cash at End	27.43M	70.72M	42.11M	154.47M	191.61M	458.6M	596.55M	182.15M	180.38M	221.53M
Interest Paid	5.76M	6.6M	8.33M	13.1M	21.79M	21.82M	13.69M	13.1M	47.01M	62.58M
Income Taxes Paid	6.49M	9.98M	7.4M	8.65M	9.9M	9.36M	16.81M	13.92M	14.68M	4.54M
Free Cash Flow+	4.7M	11.85M	16.85M	28.76M	33.84M	36.27M	38.58M	43.3M	23.02M	35.04M
FCF Growth %	-0.82%	1.52%	0.42%	0.71%	0.18%	0.07%	0.06%	0.12%	-0.47%	0.52%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.94%	15.47%	9.07%	17.13%	17.85%	14.88%	18.74%	16.78%	10.34%	9.42%
Return on Assets (ROA)	1.25%	1.95%	1.1%	1.91%	1.9%	1.51%	1.93%	2.03%	1.42%	1.32%
Net Interest Margin	3.8%	3.49%	3.55%	3.28%	3.38%	3.01%	3.24%	3.69%	3.17%	2.74%
Efficiency Ratio	37.88%	31.68%	30.4%	24.96%	21.53%	22.88%	24.76%	24.86%	29.54%	20.08%
Equity / Assets	12.67%	12.51%	11.85%	10.56%	10.67%	9.75%	10.88%	13.4%	14.05%	14.01%
Book Value / Share	9.61	10.65	11.65	12.91	14.94	16.9	19.17	21.85	23.43	24.72
NII Growth	3.21%	5.48%	13.93%	19.14%	18.26%	10.13%	10.33%	6.09%	-12.43%	-8.57%
Dividend Payout	24.88%	17.47%	36.94%	21.8%	21.75%	26.19%	18.73%	18.86%	30.32%	31.27%

Frequently Asked Questions

Valuation & Price

Parke Bancorp, Inc. (PKBK) has a price-to-earnings (P/E) ratio of 11.3x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Parke Bancorp, Inc. (PKBK) grew revenue by 8.4% over the past year. This is steady growth.

Yes, Parke Bancorp, Inc. (PKBK) is profitable, generating $34.1M in net income for fiscal year 2024 (21.3% net margin).

Dividend & Returns

Yes, Parke Bancorp, Inc. (PKBK) pays a dividend with a yield of 2.76%. This makes it attractive for income-focused investors.

Parke Bancorp, Inc. (PKBK) has a return on equity (ROE) of 9.4%. This is below average, suggesting room for improvement.

Industry Metrics

Parke Bancorp, Inc. (PKBK) has a net interest margin (NIM) of 2.7%. NIM has been under pressure due to interest rate environment.

Parke Bancorp, Inc. (PKBK) has an efficiency ratio of 20.1%. This is excellent, indicating strong cost control.

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