Parke Bancorp Financials

PKBK Stock  USD 23.03  0.19  0.83%   
Based on the analysis of Parke Bancorp's profitability, liquidity, and operating efficiency, Parke Bancorp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Parke Bancorp's Other Stockholder Equity is quite stable compared to the past year. Common Stock is expected to rise to about 1.6 M this year, although the value of Net Debt will most likely fall to (12.9 M). Key indicators impacting Parke Bancorp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.260.3901
Way Down
Slightly volatile
Return On Assets0.00980.0141
Way Down
Slightly volatile
Return On Equity0.0960.1001
Sufficiently Down
Slightly volatile
Debt Equity Ratio0.810.5913
Significantly Up
Pretty Stable
Operating Income29.5 M37.7 M
Significantly Down
Slightly volatile
Current Ratio53.3467.66
Significantly Down
Slightly volatile
The essential information of the day-to-day investment outlook for Parke Bancorp includes many different criteria found on its balance sheet. An individual investor should monitor Parke Bancorp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Parke Bancorp.

Net Income

14.62 Million

  
Understanding current and past Parke Bancorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Parke Bancorp's financial statements are interrelated, with each one affecting the others. For example, an increase in Parke Bancorp's assets may result in an increase in income on the income statement.

Parke Bancorp Stock Summary

Parke Bancorp competes with Sound Financial, Finward Bancorp, Franklin Financial, Community West, and Oak Valley. 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. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey. Parke Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 98 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7008851062
CUSIP700885106 700886104
LocationNew Jersey; U.S.A
Business Address601 Delsea Drive,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.parkebank.com
Phone856 256 2500
CurrencyUSD - US Dollar

Parke Bancorp Key Financial Ratios

Parke Bancorp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.1B2.1B2.0B2.0B1.0B
Other Liab9.7M13.6M14.8M6.3M7.3M6.6M
Net Debt(43.6M)(191.4M)(475.7M)(56.1M)(12.3M)(12.9M)
Retained Earnings44.1M66.8M98.0M131.7M149.4M156.9M
Accounts Payable2.3M2.3M1.6M2.7M4.1M3.5M
Cash191.6M458.6M596.6M182.2M180.4M103.4M
Other Assets1.4B1.6B1.5B1.8B1.8B1.9B
Long Term Debt148.1M267.2M120.9M126.1M168.1M176.5M
Total Liab1.5B1.9B1.9B1.7B1.7B905.9M
Total Current Assets224.3M487.3M617.6M200.3M188.9M104.0M
Common Stock1.2M1.2M1.2M1.2M1.2M1.6M
Other Current Liab(2.3M)(2.3M)(1.6M)(2.7M)803.4M843.6M
Net Receivables6.1M8.8M7.7M8.8M8.6M5.8M
Short Term Debt112.2M56.5M20M83.2M125M131.3M
Inventory(202.4M)(467.5M)(605.9M)(192.5M)171.8M180.4M
Net Tangible Assets177.1M200.9M232.4M265.6M305.4M155.8M
Long Term Debt Total148.1M42.5M42.7M42.9M38.6M65.0M
Capital Surpluse134.7M135.0M135.5M136.2M156.6M99.8M

Parke Bancorp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense22.7M21.9M13.0M14.2M48.5M50.9M
Total Revenue60.7M66.8M77.9M81.7M73.0M39.5M
Gross Profit60.7M66.8M77.9M81.7M73.0M39.5M
Operating Income39.6M38.4M54.7M70.2M37.7M29.5M
Ebit47.0M39.6M38.9M54.9M56.3M0.0
Ebitda40.1M39.4M55.4M56.7M401K381.0K
Income Before Tax40.1M38.9M54.9M56.1M37.7M21.6M
Net Income29.8M28.4M40.8M41.8M28.5M14.6M
Income Tax Expense9.8M10.0M13.9M14.3M9.2M6.6M
Minority Interest446K1.7M(215K)(8K)(7.2K)(6.8K)
Tax Provision9.8M10.0M13.9M14.3M9.5M11.5M
Net Interest Income56.9M62.6M69.1M73.3M67.6M59.5M
Interest Income79.5M84.5M82.1M87.5M107.4M77.4M

Parke Bancorp Key Cash Accounts

201920202021202220232024 (projected)
Capital Expenditures2.1M138K594K251K64K150K
Net Income30.3M28.9M41.0M41.8M28.5M14.9M
End Period Cash Flow191.6M458.6M596.6M182.2M180.4M114.0M
Change In Cash37.1M267.0M138.0M(414.4M)(1.8M)(1.7M)
Free Cash Flow33.8M36.3M38.6M43.3M23.0M18.4M
Depreciation431K586K687K646K401K391.6K
Other Non Cash Items2.6M7.5M(95K)895K(2.8M)(2.7M)
Dividends Paid6.5M7.4M7.6M7.9M8.6M9.1M
Investments(176.8M)7.2M76.5M(264.9M)(119.3M)(125.2M)
Net Borrowings30M119.1M(146.5M)5M4.5M4.1M
Change To Netincome3.3M5.9M2.8M(149K)(134.1K)(127.4K)

Parke Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Parke Bancorp's current stock value. Our valuation model uses many indicators to compare Parke Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parke Bancorp competition to find correlations between indicators driving Parke Bancorp's intrinsic value. More Info.
Parke Bancorp is rated below average in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about  0.14  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Parke Bancorp is roughly  7.04 . At this time, Parke Bancorp's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Parke Bancorp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Parke Bancorp Systematic Risk

Parke Bancorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Parke Bancorp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Parke Bancorp correlated with the market. If Beta is less than 0 Parke Bancorp generally moves in the opposite direction as compared to the market. If Parke Bancorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Parke Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Parke Bancorp is generally in the same direction as the market. If Beta > 1 Parke Bancorp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Parke Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Parke Bancorp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Parke Bancorp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.25)

At this time, Parke Bancorp's Price Earnings To Growth Ratio is quite stable compared to the past year.

Parke Bancorp November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Parke Bancorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Parke Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Parke Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Parke Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Parke Bancorp's daily price indicators and compare them against related drivers.
When determining whether Parke Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Parke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Parke Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Parke Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parke Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parke Bancorp. If investors know Parke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parke Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.283
Dividend Share
0.72
Earnings Share
2.34
Revenue Per Share
5.282
Quarterly Revenue Growth
(0.08)
The market value of Parke Bancorp is measured differently than its book value, which is the value of Parke that is recorded on the company's balance sheet. Investors also form their own opinion of Parke Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Parke Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parke Bancorp's market value can be influenced by many factors that don't directly affect Parke Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parke Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parke Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parke Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.