Parke Bancorp (PKBK) Stock Price, News & Analysis

Company Overview

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, time, 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. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey.

Key Stats

• Today's Range: $21.01 to $22.40
• 50-Day Range: $20.08 to $23.72
• 52-Week Range: $15.24 to $24.29
• Volume: 46,423 shs
• Average Volume: 23,532 shs
• Market Capitalization: $252.08 million
• P/E Ratio: 9.10
• Dividend Yield: 3.39%
• Price Target: N/A
• Consensus Rating: N/A

Parke Bancorp Stock Analysis - MarketRank™

Parke Bancorp scored higher than 73% of companies evaluated by MarketBeat, and ranked 370th out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Parke Bancorp.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Parke Bancorp is 9.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of Parke Bancorp is 9.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.15.

Price to Book Value per Share Ratio

Parke Bancorp has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.47% of the float of Parke Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Parke Bancorp has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Parke Bancorp has recently decreased by 12.92%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Parke Bancorp pays a meaningful dividend of 3.22%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Parke Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Parke Bancorp is 30.90%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.47% of the float of Parke Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Parke Bancorp has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Parke Bancorp has recently decreased by 12.92%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.63

News Sentiment

Parke Bancorp has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Parke Bancorp this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Parke Bancorp insiders have sold 3,084.87% more of their company's stock than they have bought. Specifically, they have bought $10,440.00 in company stock and sold $332,500.00 in company stock.

Percentage Held by Insiders

15.52% of the stock of Parke Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

49.69% of the stock of Parke Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PKBK Stock Analysis - Frequently Asked Questions

How have PKBK shares performed this year?

Parke Bancorp's stock was trading at $20.25 on January 1st, 2024. Since then, PKBK stock has increased by 4.7% and is now trading at $21.21.
View the best growth stocks for 2024 here.

How were Parke Bancorp's earnings last quarter?

Parke Bancorp, Inc. (NASDAQ:PKBK) issued its earnings results on Friday, October, 18th. The bank reported $0.62 EPS for the quarter. The bank earned $15.62 million during the quarter. Parke Bancorp had a net margin of 22.32% and a trailing twelve-month return on equity of 9.75%.

When did Parke Bancorp's stock split?

Parke Bancorp shares split on Wednesday, April 18th 2018. The 11-10 split was announced on Tuesday, April 17th 2018. The newly minted shares were issued to shareholders after the closing bell on Tuesday, April 17th 2018. An investor that had 100 shares of stock prior to the split would have 110 shares after the split.

Who are Parke Bancorp's major shareholders?

Parke Bancorp's top institutional shareholders include Geode Capital Management LLC (1.95%), Basswood Capital Management L.L.C. (1.54%), Empowered Funds LLC (0.38%) and Fulton Bank N.A. (0.36%). Insiders that own company stock include Vito S Pantilione, Arret F Dobson, Celestino R Pennoni, Jeffrey H Kripitz, Daniel J Dalton, Nicholas J Pantilione, Ralph Martin Gallo, Jonathan D Hill and Edward Infantolino.
View institutional ownership trends.

How do I buy shares of Parke Bancorp?

Shares of PKBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Parke Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Parke Bancorp investors own include NVIDIA (NVDA), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Advanced Micro Devices (AMD), Alphabet (GOOG) and Home Depot (HD).

Company Calendar

• Ex-Dividend for 10/18 Dividend: 10/04/2024
• Last Earnings: 10/18/2024
• Dividend Payable: 10/18/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:PKBK
• CUSIP: N/A
• CIK: 1315399
• Web: www.parkebank.com
• Phone: (856) 256-2500
• Fax: 856-256-2590
• Employees: 100
• Year Founded: 1999

Profitability

• EPS (Most Recent Fiscal Year): $2.33
• Trailing P/E Ratio: 9.50
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $28.46 million
• Net Margins: 22.32%
• Pretax Margin: 29.77%
• Return on Equity: 9.75%
• Return on Assets: 1.39%

Debt

• Debt-to-Equity Ratio: 0.64
• Current Ratio: 1.27
• Quick Ratio: 1.27

Sales & Book Value

• Annual Sales: $63.25 million
• Price / Sales: 4.16
• Cash Flow: $3.00 per share
• Price / Cash Flow: 7.37
• Book Value: $23.77 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 11,885,000
• Free Float: 10,063,000
• Market Cap: $263.13 million
• Optionable: Optionable
• Beta: 0.71