PKBK

WASHINGTON TOWNSHIP, N.J. (AP) — WASHINGTON TOWNSHIP, N.J. (AP) — Parke Bancorp Inc. (PKBK) on Friday reported net income of $11.8 million in its first quarter. The Washington Township, New Jersey-based bank said it had earnings of 99 cents per share. The holding company for Parke Bank posted revenue of $37.8 million in the period. Its revenue net of interest expense was $23 million, exceeding Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKBK at https://www.zacks.com/ap/PKBK

WASHINGTON TOWNSHIP, N.J., April 17, 2026 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank, announced its operating results for the three months ended March 31, 2026. Highlights for the three months ended March 31, 2026: Net income available to common shareholders was $11.8 million, or $1.01 per basic common share and $0.99 per diluted common share, for the three months ended March 31, 2026, an increase of $4.1 million, or 52.3%, compared to net income available to common shareholders of $7.8 million, or $0.66 per basic common share and $0.65 per diluted common share, for the three months ended March 31, 2025. The increase was primarily due to a $5.5 million increase in net interest income, and a $0.4 million decrease in provision for credit losses, partially offset by a $0.7 million increase in non-interest expense. Net interest income increased $5.5 million, or 33.3%, to $22.1 million for the three months ended March 31, 2026, compared to $16.6 million for the same period in 2025. The Company recorded a provision for credit losses of $0.2 million for the three months ended March 31, 2026, compared to a provision for credit losses of $0.6 million for the same period in 2025. Non-interest income increased slightly by $0.03 million, or 3.9%, to $0.85 million for the three months ended March 31, 2026, compared to $0.82 million for the same period in 2025. Non-interest expense increased $0.7 million, or 10.4%, to $7.2 million for the three months ended March 31, 2026, compared to $6.5 million for the same period in 2025. The following is a recap of the significant items that impacted results of operations for the three months ended March 31, 2026: Interest income increased $3.1 million during the three months ended March 31, 2026 compared to the same period in 2025, primarily due to an increase in interest and fees on loans of $4.4 million, or 14.0%, to $35.9 million, resulting from higher market interest rates and higher average loan portfolio balances. Interest earned on average deposits held at the Federal Reserve Bank ("FRB") decreased $1.3 million, or 60.3%, during the three months ended March 31, 2026, due to lower average balances on deposit and a decrease in the interest rate on those deposits. Interest expense decreased $2.4 million, or 14.1%, to $14.8 million for the three months...

WASHINGTON TOWNSHIP, N.J., Jan. 22, 2026 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank (the "Bank"), announced its operating results for the quarter and fiscal year ended December 31, 2025. Highlights for the fourth quarter and year ended December 31, 2025: Net income available to common shareholders was $11.1 million, or $0.94 per basic common share and $0.93 per diluted common share, for the three months ended December 31, 2025, an increase of $3.7 million, or 49.9%, compared to net income available to common shareholders of $7.4 million, or $0.62 per basic common share and $0.61 per diluted common share, for the three months ended December 31, 2024. The increase is primarily driven by a $6.2 million increase in net interest income, partially offset by a $0.4 million increase in provision for credit losses, and a $0.7 million increase in non-interest expense. Net interest income increased 39.7% to $21.8 million for the three months ended December 31, 2025, compared to $15.6 million for the same period in 2024. The Company recorded a provision for credit losses of $0.5 million for the three months ended December 31, 2025, compared to a provision for credit losses of $0.2 million for the same period in 2024. Non-interest income decreased $0.2 million, or 19.2%, to $0.9 million for the three months ended December 31, 2025, compared to $1.1 million for the same period in 2024. Non-interest expense increased $0.7 million, or 10.8%, to $7.6 million for the three months ended December 31, 2025, compared to $6.9 million for the same period in 2024. Net income available to common shareholders was $37.8 million, or $3.20 per basic common share and $3.16 per diluted common share, for the fiscal year ended December 31, 2025, an increase of $10.3 million, or 37.3%, compared to net income available to common shareholders of $27.5 million, or $2.30 per basic common share and $2.27 per diluted common share, for the fiscal year ended December 31, 2024. The increase was primarily due to a $17.8 million increase in net interest income, partially offset by a $1.8 million increase in the provision for credit losses, a $0.9 million decrease in non-interest income, and a $2.0 million increase in non-interest expense. Net interest income increased 30.2% to $76.5 million for the fiscal year ended December...

WASHINGTON TOWNSHIP, N.J. (AP) — WASHINGTON TOWNSHIP, N.J. (AP) — Parke Bancorp Inc. (PKBK) on Thursday reported net income of $11.1 million in its fourth quarter. The Washington Township, New Jersey-based bank said it had earnings of 93 cents per share. The holding company for Parke Bank posted revenue of $38.2 million in the period. Its revenue net of interest expense was $22.7 million, surpassing Street forecasts. For the year, the company reported profit of $37.8 million, or $3.16 per share. Revenue was reported as $79.9 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKBK at https://www.zacks.com/ap/PKBK

Parke Bancorp (PKBK) reported Q4 earnings late Thursday of $0.93 per diluted share, up from $0.61 a

WASHINGTON TOWNSHIP, N.J. (AP) — WASHINGTON TOWNSHIP, N.J. (AP) — Parke Bancorp Inc. (PKBK) on Wednesday reported net income of $10.6 million in its third quarter. The Washington Township, New Jersey-based bank said it had earnings of 89 cents per share. The holding company for Parke Bank posted revenue of $37.4 million in the period. Its revenue net of interest expense was $21 million, which topped Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKBK at https://www.zacks.com/ap/PKBK

WASHINGTON TOWNSHIP, N.J., Oct. 22, 2025 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank, announced its operating results for the three and nine months ended September 30, 2025. Highlights for the three and nine months ended September 30, 2025: Net income available to common shareholders was $10.6 million, or $0.90 per basic common share and $0.89 per diluted common share, for the three months ended September 30, 2025, an increase of $3.1 million, or 41.6%, compared to net income available to common shareholders of $7.5 million, or $0.63 per basic common share and $0.62 per diluted common share, for the three months ended September 30, 2024. The increase was primarily due to a $5.4 million increase in net interest income, partially offset by a $0.5 million increase in provision for credit losses, and a $0.8 million increase in non-interest expense. Net interest income increased $5.4 million, or 37.0%, to $20.2 million for the three months ended September 30, 2025, compared to $14.7 million for the same period in 2024. The Company recorded a provision for credit losses of $0.4 million for the three months ended September 30, 2025, compared to a recovery of provision for credit losses of $0.1 million for the same period in 2024. Non-interest income decreased slightly by $0.05 million, or 5.6%, to $0.85 million for the three months ended September 30, 2025, compared to $0.9 million for the same period in 2024. Non-interest expense increased $0.8 million, or 12.6%, to $7.2 million for the three months ended September 30, 2025, compared to $6.4 million for the same period in 2024. Net income available to common shareholders was $26.7 million, or $2.26 per basic common share and $2.23 per diluted common share, for the nine months ended September 30, 2025, an increase of $6.6 million, or 32.7%, compared to net income available to common shareholders of $20.1 million, or $1.68 per basic common share and $1.66 per diluted common share, for the same period in 2024. The increase is primarily due to an increase in net interest income of $11.6 million, partially offset by a $1.4 million increase in provision for credit losses, a $0.7 million decrease in non-interest income, and a $1.2 million increase in non-interest expense. Net-interest income increased $11.6 million, or 26.8%, to $54.6 million f...

Explore Parke Bancorp's Fair Values from the Community and select yours Revenue: US$17.7m (up 18% from 2Q 2024). Net income: US$8.28m (up 28% from 2Q 2024). Profit margin: 47% (up from 43% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.70 (up from US$0.54 in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Parke Bancorp shares are up 2.4% from a week ago. Before you take the next step you should know about the 1 warning sign for Parke Bancorp that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

WASHINGTON TOWNSHIP, N.J. (AP) — WASHINGTON TOWNSHIP, N.J. (AP) — Parke Bancorp Inc. (PKBK) on Wednesday reported net income of $8.3 million in its second quarter. The bank, based in Washington Township, New Jersey, said it had earnings of 69 cents per share. The holding company for Parke Bank posted revenue of $35.8 million in the period. Its revenue net of interest expense was $18.7 million, surpassing Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKBK at https://www.zacks.com/ap/PKBK

WASHINGTON TOWNSHIP, N.J., July 16, 2025 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank, announced its operating results for the three and six months ended June 30, 2025. Highlights for the three and six months ended June 30, 2025: Net income available to common shareholders was $8.3 million, or $0.70 per basic common share and $0.69 per diluted common share, for the three months ended June 30, 2025, an increase of $1.8 million, or 28.3%, compared to net income available to common shareholders of $6.5 million, or $0.54 per basic common share and $0.53 per diluted common share, for the three months ended June 30, 2024. The increase was primarily due to a $3.6 million increase in net interest income, partially offset by a $0.5 million increase in provision for credit losses, a $0.4 million decrease in non-interest income, and a $0.4 million increase in non-interest expense. Net interest income increased $3.6 million, or 24.9%, to $17.9 million for the three months ended June 30, 2025, compared to $14.3 million for the same period in 2024. The Company recorded a provision for credit losses of $1.0 million for the three months ended June 30, 2025, compared to a provision for credit losses of $0.5 million for the same period in 2024. Non-interest income decreased $0.4 million, or 32.0%, to $0.8 million for the three months ended June 30, 2025, compared to $1.2 million for the same period in 2024. Non-interest expense increased $0.4 million, or 7.1%, to $6.7 million for the three months ended June 30, 2025, compared to $6.2 million for the same period in 2024. Net income available to common shareholders was $16.1 million, or $1.36 per basic common share and $1.34 per diluted common share, for the six months ended June 30, 2025, an increase of $3.5 million, or 27.4%, compared to net income available to common shareholders of $12.6 million, or $1.05 per basic common share and $1.04 per diluted common share, for the same period in 2024. The increase is primarily due to an increase in net interest income of $6.1 million, partially offset by a $0.9 million increase in provision for credit losses, a $0.6 million decrease in non-interest income, and a $0.4 million increase in non-interest expense. Net-interest income increased $6.1 million, or 21.6%, to $34.5 million for the six months ended June...

Revenue: US$16.8m (up 13% from 1Q 2024). Net income: US$7.77m (up 27% from 1Q 2024). Profit margin: 46% (up from 41% in 1Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.66 (up from US$0.51 in 1Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Parke Bancorp shares are up 1.2% from a week ago. You still need to take note of risks, for example - Parke Bancorp has 1 warning sign we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the Parke Bancorp, Inc. (NASDAQ:PKBK) share price is up 30% in the last five years, that's less than the market return. Looking at the last year alone, the stock is up 14%. The past week has proven to be lucrative for Parke Bancorp investors, so let's see if fundamentals drove the company's five-year performance. Our free stock report includes 2 warning signs investors should be aware of before investing in Parke Bancorp. Read for free now. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Parke Bancorp's earnings per share are down 0.6% per year, despite strong share price performance over five years. So it's hard to argue that the earnings per share are the best metric to judge the company, as it may not be optimized for profits at this point. Therefore, it's worth taking a look at other metrics to try to understand the share price movements. The revenue growth of 1.7% per year hardly seems impressive. So it seems one might have to take closer look at earnings and revenue trends to see how they might influence the share price. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). Take a more thorough look at Parke Bancorp's financial health with this free report on its balance sheet. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Parke Bancorp the TSR over the last 5 years was 56%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. It's nice to see that Pa...