Paul Palmieri - Parke Bancorp President

PKBK Stock  USD 23.61  0.06  0.25%   

President

Mr. Paul E. Palmieri is Senior Vice President, Philadelphia Region of Parke Bank, subsidiary of Parke Bancorp, Inc. He is also the Banks Senior Loan Officer. He has more than thirtyfive years of banking and accounting experience in the Philadelphia area. Prior to joining the Bank, he was a Vice President and Commercial Loan Officer at Republic First Bank in Philadelphia, Pennsylvania from 1996 to 2004 since 2006.
Age 66
Tenure 18 years
Address 601 Delsea Drive, Washington Township, NJ, United States, 08080
Phone856 256 2500
Webhttps://www.parkebank.com
Palmieri was an Assistant Vice President and Commercial Banker at Regent Bank in Philadelphia from 1993 to 1996.

Parke Bancorp Management Efficiency

The company has return on total asset (ROA) of 0.014 % which means that it generated a profit of $0.014 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0985 %, meaning that it created $0.0985 on every $100 dollars invested by stockholders. Parke Bancorp's management efficiency ratios could be used to measure how well Parke Bancorp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.04 this year, although the value of Return On Tangible Assets will most likely fall to 0.01. At this time, Parke Bancorp's Total Current Liabilities is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 1.8 B this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 1 B.
Parke Bancorp currently holds 168.11 M in liabilities with Debt to Equity (D/E) ratio of 6.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Parke Bancorp's use of debt, we should always consider it together with its cash and equity.

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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. Parke Bancorp (PKBK) is traded on NASDAQ Exchange in USA. It is located in 601 Delsea Drive, Washington Township, NJ, United States, 08080 and employs 101 people. Parke Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Parke Bancorp Leadership Team

Elected by the shareholders, the Parke Bancorp's board of directors comprises two types of representatives: Parke Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parke. The board's role is to monitor Parke Bancorp's management team and ensure that shareholders' interests are well served. Parke Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Parke Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anthony Lombardo, VP Bank
Paul Palmieri, Senior Vice President Philadelphia Region of the Bank
Vito Pantilione, CEO and President Director, CEO of Parke Bank and President of Parke Bank and Director of Parke Bank
Ralph Gallo, Senior Vice President and Chief Workout Officer of bank
Jonathan Hill, Senior CFO
Nicholas Pantilione, Senior Officer
Linda Kaiser, Corporate Secretary
John Kaufman, VP CFO
Ralph Bonadies, SVP Officer
Paul CPA, Senior Officer

Parke Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Parke Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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.
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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.