PARKE BANCORP, INC. PKBK
We are a bank holding company incorporated under the laws of the State of New Jersey in January 2005. Our business and operations primarily consist of our ownership of Parke Bank (the "Bank"). The Bank is a full-service commercial bank and is chartered by the New Jersey Department of Banking and insured by the Federal Deposit Insurance Corporation ("FDIC"). The Bank conducts its business through offices in Gloucester, Atlantic and Camden Counties in New Jersey and the Philadelphia area in Pennsylvania.
We, through our wholly owned subsidiary Parke Bank, provide personal and business financial services to individuals and small to mid-sized businesses. We offer a range of loan products, deposits services, and other financial products through our retail branches and other channels to our customers. Our core lending businesses are commercial real estate lending, residential real estate lending, and construction lending. We also offer a variety of commercial and industry loan and consumer loan products to our customers. We fund our lending business primarily with deposits generated through retail deposits and commercial relationships. Our deposit products include checking, savings, money market deposit, time deposits, and other traditional deposit services. In addition to traditional products and services, we offer contemporary products and services, such as debit cards, internet banking and online bill payment.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $142.7M | $125.1M | $112.7M | $87.5M | $82.1M | $84.5M | $79.5M | $61.9M | $48.7M | $42.2M |
| Interest expense | $76.5M | $58.7M | $64.2M | $14.2M | $13.0M | $21.9M | $22.7M | $13.8M | $8.3M | $6.8M |
| Pre-tax income | $49.4M | $36.3M | $37.7M | $56.1M | $54.9M | $38.9M | $40.1M | $33.4M | $24.2M | $27.6M |
| Income tax | $11.6M | $8.8M | $9.2M | $14.3M | $13.9M | $10.0M | $9.8M | $8.4M | $12.4M | $8.7M |
| Net income | $37.8M | $27.5M | $28.5M | $41.8M | $40.8M | $28.4M | $29.8M | $24.8M | $11.9M | $18.5M |
| EPS, basic | 3.20 | 2.30 | 2.38 | 3.51 | 3.43 | 2.40 | 2.52 | 2.30 | 1.28 | 2.31 |
| EPS, diluted | 3.16 | 2.27 | 2.35 | 3.44 | 3.36 | 2.37 | 2.48 | 2.07 | 1.13 | 1.92 |
| Shares, diluted (wtd. avg.) | 12.0M | 12.1M | 12.1M | 12.2M | 12.1M | 12.0M | 12.0M | 12.0M | 10.5M | 9.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $156.9M | $221.5M | $180.4M | $182.2M | $596.6M | $458.6M | $191.6M | $154.5M | $42.1M | $70.7M |
| Property, plant and equipment | $5.5M | $5.3M | $5.6M | $6.0M | $6.3M | $6.7M | $6.9M | $6.8M | $7.0M | $5.2M |
| Total assets | $2.25B | $2.14B | $2.02B | $1.98B | $2.14B | $2.08B | $1.68B | $1.47B | $1.14B | $1.02B |
| Total liabilities | $1.92B | $1.84B | $1.74B | $1.72B | $1.90B | $1.88B | $1.50B | $1.31B | $1.00B | $889.1M |
| Retained earnings | $197.7M | $168.3M | $149.4M | $131.7M | $98.0M | $66.8M | $44.1M | $42.1M | $39.2M | $47.5M |
| Total equity | $324.5M | $300.1M | $284.3M | $266.0M | $232.4M | $202.6M | $179.4M | $155.0M | $134.8M | $127.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $39.6M | $35.2M | $23.0M | $43.5M | $38.6M | $36.5M | $34.4M | $28.9M | $19.0M | $12.7M |
| Depreciation and amortisation | $508.0K | $571.0K | $464.0K | $646.0K | $687.0K | $586.0K | $431.0K | $380.0K | $320.0K | $269.0K |
| Stock-based compensation | $293.0K | $336.0K | $397.0K | $349.0K | $230.0K | $265.0K | $176.0K | $109.0K | $72.0K | $66.0K |
| Capital expenditure | $595.0K | $119.0K | $0 | $150.0K | $64.0K | $251.0K | $594.0K | $138.0K | $2.1M | $875.0K |
| Investing cash flow | -$173.1M | -$80.1M | -$34.9M | -$262.9M | $79.2M | -$133.8M | -$176.1M | -$219.9M | -$156.0M | -$84.3M |
| Financing cash flow | $68.9M | $86.1M | $10.1M | -$194.9M | $20.1M | $364.3M | $178.8M | $303.3M | $108.4M | $114.9M |
| Dividends paid | $8.5M | $8.6M | $8.6M | $7.9M | $7.6M | $7.4M | $6.5M | $1.5M | $3.2M | $2.0M |
| Buybacks | $6.5M | $4.3M | $0 | — | — | — | — | — | $0 | $4.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-007748.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $42.2M | $48.7M | $61.9M | $79.5M | $84.5M | $82.1M | $87.5M | $112.7M | $125.1M | $142.7M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $18.5M | $11.9M | $24.8M | $29.8M | $28.4M | $40.8M | $41.8M | $28.5M | $27.5M | $37.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event Item 8.01
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6022
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| MTB | M&T BANK CORP | $32.01B | 13.0x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $30.72B | 19.2x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $27.44B | 16.9x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $27.41B | 14.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.97B | 13.8x | 2.4% |