Revenue $66.538M
EBITDA N/A
Income $23.457M
Revenue Q/Q -30.09%
Revenue Y/Y -18.92%
P/E 8.16
Forward P/E N/A
EV/Sales 5.59
EV/EBITDA N/A
EV/EBIT 8.55
PEG N/A
Price/Sales 3.74
P/FCF 11.98
Price/Book 0.88
Book/Share 18.27
Cash/Share N/A
FCF yield 8.34%
Employees 0
RPE N/A
Volume 15.978k / N/A
Relative vol. N/A
EPS 1.96
EPS Q/Q N/A
Est. EPS Q/Q N/A
Profit margin 39.01%
Oper. margin 47.34%
Gross margin 100.00%
EBIT margin 47.34%
EBITDA margin 68.78%
Ret. on assets 1.17%
Ret. on equity 8.31%
ROIC 1.88%
ROCE 1.57%
Volatility 2.47%
Beta 1.14
RSI 49.57
Range $15.61 – $16.00
52 weeks $15.16 – $20.87
SMA 50 $16 -0.54%
SMA 200 $17 -7.17%
1 year target $10 -38.94%
Mean Recomm. N/A
Shares outst. 11.963M
Shares float 0.000 0.00%
Short % of float 2.25%
Short ratio 9.29

Recent Parke Bancorp Inc news

Sunday, 24 December 2023
 
yahoo
Parke Bancorp Has Announced A Dividend Of $0.18
Friday, 27 October 2023
 
gurufocus
Parke Bancorp Inc Announces Q3 2023 Earnings Amidst Challenges
Tuesday, 3 October 2023
 
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Investors in Parke Bancorp have seen favorable returns of 48% over the past three years
Wednesday, 14 June 2023
 
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Top 20 Most Profitable Banks in the World
Saturday, 3 September 2022
 
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Parke Bancorp, Inc. Passed Our Checks, And It's About To Pay A US$0.18 Dividend
Tuesday, 30 August 2022
 
yahoo
PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND
Sunday, 14 August 2022
 
bizjournals
Philadelphia-area banks post strong 2Q earnings, but economic uncertainty clouds outlook
Sunday, 26 June 2022
 
duckduckgo
Parke Bancorp Has Affirmed Its Dividend Of US$0.16
Tuesday, 19 April 2022
 
yahoo
PARKE BANCORP, INC. ANNOUNCES FIRST QUARTER 2022 EARNINGS - Yahoo Finance
Friday, 28 January 2022
 
yahoo
Siena Capital Partners GP, LLC Buys Old Second Bancorp Inc, American Riviera Bank, Mountain ...
Thursday, 26 November 2020
 
yahoo
Is Parke Bancorp, Inc. Going to Burn These Hedge Funds?
Thursday, 22 October 2020
 
prnewswire
Parke Bancorp, Inc. Announces Third Quarter 2020 Earnings
Wednesday, 15 July 2020
 
prnewswire
Parke Bancorp, Inc. Announces Completion Of $30 Million Subordinated Notes Offering
Thursday, 4 June 2020
 
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Hedge Funds Nibbling On Parke Bancorp, Inc.
Tuesday, 19 May 2020
 
yahoo
Is Parke Bancorp, Inc. An Attractive Dividend Stock?
Saturday, 4 April 2020
 
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Parke Bancorp, Inc. Looks Interesting, And It's About To Pay A Dividend
Monday, 3 February 2020
 
prnewswire
Parke Bancorp, Inc. Announces 10% Stock Dividend
Wednesday, 22 January 2020
 
prnewswire
Parke Bancorp, Inc. Announces Fourth Quarter Earnings And Record Yearly Earnings
Wednesday, 15 January 2020
 
yahoo
What Did Parke Bancorp, Inc.'s CEO Take Home Last Year?
Monday, 2 September 2019
 
yahoo
Are Insiders Selling Parke Bancorp, Inc. Stock?
Tuesday, 16 April 2019
 
yahoo
Parke Bancorp: 1Q Earnings Snapshot
prnewswire
Parke Bancorp, Inc. Announces Increase In Quarterly Cash Dividend
prnewswire
Parke Bancorp, Inc. Announces First Quarter 2019 Earnings
Friday, 5 April 2019
 
yahoo
4 Days Left Until Parke Bancorp, Inc. Trades Ex-Dividend
Friday, 15 March 2019
 
seekingalpha
Parke Bancorp Inc Files 10-K for the Fiscal Year Ended on December 31, 2018
Thursday, 14 March 2019
 
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What Kind Of Shareholder Appears On The Parke Bancorp, Inc.’s Shareholder Register?
Tuesday, 19 February 2019
 
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Why Parke Bancorp, Inc. May Not Be As Risky Than You Think
Thursday, 24 January 2019
 
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Parke Bancorp: 4Q Earnings Snapshot
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Parke Bancorp, Inc. Announces Record 2018 Earnings
Wednesday, 16 January 2019
 
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Is Parke Bancorp, Inc. A Smart Choice For Dividend Investors?
Monday, 17 December 2018
 
simplywall.st
Need To Know: Parke Bancorp, Inc. Insiders Have Been Selling Shares
Wednesday, 14 November 2018
 
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Does Parke Bancorp Inc’s P/E Ratio Signal A Buying Opportunity?
Wednesday, 24 October 2018
 
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Parke Bancorp: 3Q Earnings Snapshot
prnewswire
Parke Bancorp, Inc. Announces Third Quarter 2018 Earnings
Sunday, 7 October 2018
 
simplywall.st
Only 3 Days Left Until Parke Bancorp Inc Trades Ex-Dividend,
Wednesday, 12 September 2018
 
yahoo
Can These Factors Give You An Edge In Parke Bancorp Inc ?
Thursday, 19 July 2018
 
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Parke Bancorp: 2Q Earnings Snapshot
yahoo
Parke Bancorp, Inc. Announces Second Quarter 2018 Earnings
8-K 20 Jun 2024 Other Events; Financial Statements and Exhibits
8-K 23 May 2024 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compens...
10-Q 8 May 2024 Quarterly report
8-K 24 Apr 2024 Submission of Matters to a Vote of Security Holders
8-K 19 Apr 2024 Results of Operations and Financial Condition; Financial Statements and Exhibits
8-K 22 Mar 2024 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compens...
8-K 20 Mar 2024 Other Events
10-K 13 Mar 2024 Yearly report
8-K 24 Jan 2024 Results of Operations and Financial Condition; Financial Statements and Exhibits
8-K 20 Dec 2023 Other Events
8-K 30 Nov 2023 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compens...
Insider
Trans.
Transaction
Price per share Total value
Jeffrey H Kripitz Director Sale 22 May 2024 $16.88 $67,520
Jeffrey H Kripitz Director Sale 21 May 2024 $16.95 $101,700
Vito S Pantilione President and CEO Buy 25 Apr 2024 $16.56 $26,496
Ralph Martin Gallo Executive VP/COO Option 15 Mar 2024 $12.29 $55,305
Jeffrey H Kripitz Director Sale 26 Feb 2024 $16.50 $138,138
Jeffrey H Kripitz Director Sale 23 Feb 2024 $16.41 $26,715
Jonathan D. Hill SVP and Chief Financial Officer Buy 13 Feb 2024 $16.00 $480
Vito S Pantilione President and CEO Buy 13 Feb 2024 $15.94 $15,940
Vito S Pantilione President and CEO Buy 1 Feb 2024 $18.01 $28,816
Jeffrey H Kripitz Director Sale 29 Jan 2024 $19.36 $193,600
Jeffrey H Kripitz Director Sale 29 Nov 2023 $17.99 $134,925

112 people own Parke Bancorp Inc on Robinhood

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Price target

Current $15.49
Average $9.77
Low $10 High $10

Dividends

Ex-dividend date N/A Frequency Quarterly Annual dividend +9.09%
Next dividend N/A Dividend yield 4.64% Growth period 9 years
Last dividend date Yield 3 years 3.79% Growth 3 years +4.00%
Last dividend Yield 5 years 3.70% Growth 5 years +6.72%

Parke Bancorp Inc dividend history

Parke Bancorp Inc executives

Insider Age Since Compensation
Vito S. Pantilione (69) Pres, CEO, and Director 69 $1,607,138
Vito Pantilione (68) President, Chief Executive Officer, and Director since 2007 68 2007 $1,543,090
Elizabeth Milavsky (68) Director since 2020 68 2020 $674,739
John Hawkins (64) Chief Financial Officer and Executive Vice President since 2020 64 2020 $495,524
Ralph Martin Gallo (63) Exec. VP and COO 63 $350,338
Celestino Pennoni (82) Independent Chairman of the Board of the company and Parke Bank 82 $241,406
Paul Palmieri (61) Chief Credit Officer and Senior Vice President since 2019 61 2019 $155,498
Jeffrey Kripitz (68) Independent Director since 2007 68 2007 $83,680
Arret Dobson (48) Independent Director since 2007 48 2007 $78,310
Jack Sheppard (66) Independent Director since 2007 66 2007 $75,050
Fred Choate (74) Independent Director since 2005 74 2005 $73,400
Anthony Jannetti (82) Independent Director since 2007 82 2007 $65,040
Daniel Dalton (70) Independent Director since 2005 70 2005 $62,290
Edward Infantolino (72) Independent Director since 2007 72 2007 $45,095
Nicholas Pantilione (34) Senior Vice President and Chief Lending Officer since 2019 34 2019
Ralph Gallo (62) Chief Operating Officer and Executive Vice President since 2020 62 2020
Frank Zangari
Nicholas J. Pantilione (35) Sr. VP and Chief Lending Officer 35
Anthony Lombardo
Gil Eubank
Maryann Seal
Dolores M. Calvello (44) Sr. VP and Loan Portfolio Mang. of Parke Bank 44
Kathleen A. Conover
Linda A. Kaiser
Paul E. Palmieri (63) Sr. VP and Chief Credit Officer 63
John S. Kaufman (39) Sr. VP and CFO 39
Company Market cap P/E EV/EBITDA P/S P/B P/FCF Change
$248.94M 8.16 N/A 3.74 0.88 11.98 +3.16%
$4.76B 7.74 5.21 2.68 0.71 6.73 +0.61%
$697.12M 9.75 5.47 3.36 1.19 15.01 +0.14%
$289.56M 7.02 N/A 2.91 1.11 6.02 +0.81%

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, 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 a branch office in northfield, new jersey; two branch offices in washington township, new jersey; a branch office in galloway township, new jersey; a branch office in collingswood, new jersey; a branch in center city philadelphia; and a branch in chinatown in philadelphia. parke bancorp, inc. was founded in 1999 and is headquartered in washington township, new jersey.

  • Finance > Regional Banks
  • Parke Bancorp Inc, 601 Delsea Drive, Washington Township 08080, United States
  • 856 256 2500
  • Investor relations

Dividends

Ex-dividend date N/A Frequency Quarterly Annual dividend +9.09%
Next dividend N/A Dividend yield 4.64% Growth period 9 years
Last dividend date Yield 3 years 3.79% Growth 3 years +4.00%
Last dividend Yield 5 years 3.70% Growth 5 years +6.72%

Parke Bancorp Inc dividend history

Profit margin

Debt to assets

Cash flow

(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Current assets
Cash $171.093 $180.376 $126.74 $137.497
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $5.501 $5.579 $5.665 $5.749
Goodwill & intangible assets
Total noncurrent assets
Total investments $1,775.833 $1,779.232 $1,791.319 $1,782.176
Total assets $2,009.073 $2,023.5 $1,983.672 $1,982.466
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities
Long term debt
Total noncurrent liabilities
Total debt $138.158 $168.111 $154.213 $239.166
Total liabilities $1,720.687 $1,739.183 $1,705.693 $1,703.326
Stockholders' equity
Retained earnings $153.43 $149.437 $143.422 $144.55
Other stockholder equity -$0.43 -$0.404 -$0.643 -$0.51
Total stockholder equity $288.386 $284.317 $277.979 $279.14
(in millions USD) 2023 2022 2021
Current assets
Cash $180.376 $182.15 $596.553
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $5.579 $5.958 $6.265
Goodwill & intangible assets
Total noncurrent assets
Total investments $1,779.232 $1,743.797 $1,483.415
Total assets $2,023.5 $1,984.915 $2,136.445
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities
Long term debt
Total noncurrent liabilities
Total debt $168.111 $126.071 $120.882
Total liabilities $1,739.183 $1,718.881 $1,904.084
Stockholders' equity
Retained earnings $149.437 $131.706 $98.017
Other stockholder equity -$0.404 -$0.526 $0.245
Total stockholder equity $284.317 $266.034 $232.361

Income statement

(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Revenue
Total revenue $14.912 $17.445 $17.218 $16.963
Cost of revenue
Gross profit $14.912 $17.445 $17.218 $16.963
Operating activities
Research & development
Selling, general & administrative $4.67 $4.522 $4.51 $4.446
Total operating expenses $6.535 $6.286 $15.849 $6.372
Operating income $8.377 $11.159 $1.369 $10.591
Income from continuing operations
EBIT $8.377 $11.159 $1.369 $10.591
Income tax expense $2.226 $2.986 $0.34 $2.461
Interest expense
Net income
Net income $6.151 $8.173 $1.029 $8.13
Income (for common shares) $6.145 $8.167 $1.022 $8.123
(in millions USD) 2023 2022 2021
Revenue
Total revenue $72.957 $79.909 $77.415
Cost of revenue
Gross profit $72.957 $79.909 $77.415
Operating activities
Research & development
Selling, general & administrative $18.657 $16.899 $17.142
Total operating expenses $35.267 $23.833 $22.503
Operating income $37.69 $56.076 $54.912
Income from continuing operations
EBIT $37.69 $56.076 $54.697
Income tax expense $9.228 $14.253 $13.937
Interest expense
Net income
Net income $28.462 $41.823 $40.76
Income (for common shares) $28.436 $41.796 $40.732
(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Net income $6.151 $8.173 $1.029 $8.13
Operating activities
Depreciation $0.143 $0.145 $0.144 $0.144
Business acquisitions & disposals
Stock-based compensation $0.046 $0.084 $0.1 $0.106
Total cash flows from operations $8.35 $9.034 -$0.732 $4.167
Investing activities
Capital expenditures -$0.018 -$0.011 -$0.013 -$0.004
Investments $3.61 $12.609 -$9.612 -$24.074
Total cash flows from investing $3.592 $13.064 -$9.464 -$24.078
Financing activities
Dividends paid -$2.158 -$2.158 -$2.157 -$2.157
Sale and purchase of stock $0.056
Net borrowings -$30 $13.85 -$85 $31
Total cash flows from financing -$21.225 $31.538 -$0.561 $11.434
Effect of exchange rate
Change in cash and equivalents -$9.283 $53.636 -$10.757 -$8.477
(in millions USD) 2023 2022 2021
Net income $28.462 $41.823 $40.76
Operating activities
Depreciation $0.464 $0.646 $0.687
Business acquisitions & disposals
Stock-based compensation $0.397 $0.349 $0.23
Total cash flows from operations $23.018 $43.45 $38.641
Investing activities
Capital expenditures $0.105 -$0.15 -$0.064
Investments -$35.624 -$265.22 $78.897
Total cash flows from investing -$34.892 -$262.944 $79.189
Financing activities
Dividends paid -$8.629 -$7.886 -$7.633
Sale and purchase of stock $0.033 $0.406 $0.201
Net borrowings $41.85 $5 -$146.526
Total cash flows from financing $10.1 -$194.909 $20.122
Effect of exchange rate
Change in cash and equivalents -$1.774 -$414.403 $137.952

Recent institutional transactions

Quarter Shareholder Change
Shares owned
Shares
Value (in thousands USD)
2024 Q1 Bhz Capital Management, L.P.
-56.47%
80,367 $1,384,322
2024 Q1 Basswood Capital Management, L.L.C
-31.38%
185,572 $3,196,478
2024 Q1 Fulton Bank, N.a
Opened
48,591 $836,979
2024 Q1 Blackrock
-4.45%
656,431 $11,307,024
2024 Q1 Invesco
Opened
26,104 $449,642
2024 Q1 Dimensional Fund Advisors L.P.
+3.55%
455,175 $7,840,389
2024 Q1 M3f
-1.99%
543,426 $9,361
2024 Q1 Jpmorgan Chase & Co
+87.42%
20,129 $346,722
2024 Q1 Barclays PLC
-50.36%
7,050 $121
2024 Q1 Morgan Stanley
-8.82%
64,549 $1,111,871

Institutional shareholders

Shareholder Stake
Shares owned
Shares
Value (in thousands USD)
Blackrock 5.49% 656,431
M3f 4.54% 543,426
Vanguard Group Inc 4.21% 503,488
Dimensional Fund Advisors L.P. 3.80% 455,175
Pacific Ridge Capital Partners 2.99% 357,682
Cutler Capital Management 2.57% 307,829
Geode Capital Management 1.83% 218,922
Basswood Capital Management, L.L.C 1.55% 185,572
Philadelphia Trust Co 1.36% 162,435
Pnc Services 1.33% 158,680