NASDAQ:PKBK

Parke Bancorp - PKBK Stock Forecast, Price & News

$21.12

+0.19 (+0.91%)

(As of 10/6/2022 12:00 AM ET)

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Today's Range: $20.80
▼
$21.41
50-Day Range: $20.75
▼
$23.99
52-Week Range: $20.26
▼
$25.85

Volume: 13,590 shs
Average Volume: 23,317 shs
Market Capitalization: $251.54 million

P/E Ratio: 6.19
Dividend Yield: 3.44%
Price Target: N/A

Parke Bancorp MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
2.51% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$160,550 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Finance Sector

850th out of 882 stocks

State Commercial Banks Industry

178th out of 183 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Parke Bancorp.

2.0

Short Interest

Percentage of Shares Shorted
2.51% 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 5.5.
Change versus previous month
Short interest in Parke Bancorp has recently increased by 0.04%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Parke Bancorp pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Parke Bancorp has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Parke Bancorp is 21.11%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PKBK.

1.8

News and Social Media Coverage

News Sentiment
Parke Bancorp has a news sentiment score of 0.25. 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 0.44 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Parke Bancorp this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 1 people have added Parke Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Parke Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $160,550.00 in company stock.
Percentage Held by Insiders
18.20% 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
42.52% of the stock of Parke Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Parke Bancorp is 6.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Parke Bancorp is 6.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.15.
Price to Book Value per Share Ratio
Parke Bancorp has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Parke Bancorp (NASDAQ:PKBK) Stock

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. It operates through 7 branch offices in Galloway Township, Northfield, Washington Township, and Collingswood, New Jersey; and Philadelphia, Pennsylvania. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey.

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PKBK Stock News Headlines

October 6, 2022 | finance.yahoo.com

With 44% stake, Parke Bancorp, Inc. (NASDAQ:PKBK) seems to have captured institutional investors' interest

September 21, 2022 | reuters.com

PKBK.C - | Stock Price & Latest News | Reuters

September 3, 2022 | finance.yahoo.com

Parke Bancorp, Inc. (NASDAQ:PKBK) Passed Our Checks, And It's About To Pay A US$0.18 Dividend

August 7, 2022 | finance.yahoo.com

Parke Bancorp (NASDAQ:PKBK) Ticks All The Boxes When It Comes To Earnings Growth

July 20, 2022 | finance.yahoo.com

PARKE BANCORP, INC. ANNOUNCES SECOND QUARTER 2022 EARNINGS

June 27, 2022 | finance.yahoo.com

Parke Bancorp (NASDAQ:PKBK) Could Be A Buy For Its Upcoming Dividend

June 26, 2022 | finance.yahoo.com

Parke Bancorp (NASDAQ:PKBK) Has Affirmed Its Dividend Of US$0.16

June 6, 2022 | finance.yahoo.com

Those who invested in Parke Bancorp (NASDAQ:PKBK) five years ago are up 68%

April 29, 2022 | finance.yahoo.com

Do Institutions Own Parke Bancorp, Inc. (NASDAQ:PKBK) Shares?

April 19, 2022 | seekingalpha.com

Parke Bancorp GAAP EPS of $0.83, revenue of $19.18M

March 24, 2022 | seekingalpha.com

Parke Bancorp declares $0.16 dividend

February 28, 2022 | finance.yahoo.com

Should You Be Adding Parke Bancorp (NASDAQ:PKBK) To Your Watchlist Today?

January 19, 2022 | seekingalpha.com

Parke Bancorp GAAP EPS of $0.83, revenue of $19.02M

January 19, 2022 | finance.yahoo.com

PARKE BANCORP, INC. ANNOUNCES FOURTH QUARTER 2021 EARNINGS

December 27, 2021 | finance.yahoo.com

Parke Bancorp (NASDAQ:PKBK) shareholders have earned a 10% CAGR over the last five years

November 11, 2021 | nasdaq.com

With EPS Growth And More, Parke Bancorp (NASDAQ:PKBK) Is Interesting

October 26, 2021 | finance.yahoo.com

Could The Parke Bancorp, Inc. (NASDAQ:PKBK) Ownership Structure Tell Us Something Useful?

October 20, 2021 | finance.yahoo.com

Parke Bancorp, Inc. Announces Third Quarter Earnings

August 27, 2021 | finance.yahoo.com

Is Now The Time To Put Parke Bancorp (NASDAQ:PKBK) On Your Watchlist?

August 13, 2021 | nasdaq.com

Possible bearish signals as Parke Bancorp, Inc. (NASDAQ:PKBK) insiders disposed of US$1.5m worth of stock

July 21, 2021 | markets.businessinsider.com

Parke Bancorp, Inc. Announces Second Quarter Earnings

July 1, 2021 | benzinga.com

Analyzing Parke Bancorp's Ex-Dividend Date

June 28, 2021 | nasdaq.com

Here's What We Like About Parke Bancorp's (NASDAQ:PKBK) Upcoming Dividend

June 28, 2021 | finance.yahoo.com

Parke Bancorp (NASDAQ:PKBK) Will Pay A Dividend Of US$0.16

June 18, 2021 | nasdaq.com

Parke Bancorp, Inc. Common Stock (PKBK)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PKBK Company Calendar

Ex-Dividend for 7/19 Dividend: 7/01/2022
Dividend Payable: 7/19/2022
Last Earnings: 7/20/2022
Ex-Dividend for 9/23 Dividend: 9/08/2022
Dividend Payable: 9/23/2022
Today: 10/07/2022
Next Earnings (Estimated): 10/19/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:PKBK
CUSIP: N/A
CIK: 1315399
Web: www.parkebank.com
Phone: (856) 256-2500
Fax: 856-256-2590
Employees: 98
Year Founded: 1999

Profitability

EPS (Most Recent Fiscal Year): $3.41
Trailing P/E Ratio: 6.19
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $40.76 million
Net Margins: 46.34%
Pretax Margin: 62.24%
Return on Equity: 17.51%
Return on Assets: 1.99%

Debt

Debt-to-Equity Ratio: 0.49
Current Ratio: 1.18
Quick Ratio: 1.18

Sales & Book Value

Annual Sales: $90.87 million
Price / Sales: 2.77
Cash Flow: $3.52 per share
Price / Cash Flow: 6.00
Book Value: $19.50 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 11,910,000
Free Float: 9,746,000
Market Cap: $251.54 million
Optionable: Not Optionable
Beta: 0.77

Social Links

Key Executives

Mr. Vito S. Pantilione (Age 70)
Pres, CEO & Director
Comp: $1.44M

Mr. Ralph Martin Gallo (Age 64)
Exec. VP & COO
Comp: $332.64k

Mr. Paul E. Palmieri (Age 64)
Sr. VP & Chief Credit Officer
Comp: $306.3k

Mr. John S. Kaufman (Age 40)
Sr. VP & CFO

Linda A. Kaiser
Corp. Sec.

Mr. Anthony Lombardo
VP & Controller of Parke Bank

Mr. Nicholas J. Pantilione (Age 36)
Sr. VP & Chief Lending Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PKBK Stock - Frequently Asked Questions

How have PKBK shares performed in 2022?: Parke Bancorp's stock was trading at $21.28 at the beginning of 2022. Since then, PKBK stock has decreased by 0.8% and is now trading at $21.12.
View the best growth stocks for 2022 here.
When is Parke Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our PKBK earnings forecast.
How were Parke Bancorp's earnings last quarter?: Parke Bancorp, Inc. (NASDAQ:PKBK) posted its earnings results on Wednesday, July, 20th. The bank reported $0.88 earnings per share for the quarter. The bank had revenue of $20.49 million for the quarter. Parke Bancorp had a trailing twelve-month return on equity of 17.51% and a net margin of 46.34%.
How often does Parke Bancorp pay dividends? What is the dividend yield for Parke Bancorp?: Parke Bancorp declared a quarterly dividend on Tuesday, August 30th. Shareholders of record on Friday, September 9th will be given a dividend of $0.18 per share on Friday, September 23rd. This represents a $0.72 annualized dividend and a dividend yield of 3.41%. The ex-dividend date of this dividend is Thursday, September 8th. This is a boost from the stock's previous quarterly dividend of $0.16.
Read our dividend analysis for PKBK.
Is Parke Bancorp a good dividend stock?: Parke Bancorp (NASDAQ:PKBK) pays an annual dividend of $0.72 per share and currently has a dividend yield of 3.44%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.11%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PKBK.

When did Parke Bancorp's stock split?: Parke Bancorp's stock split before market open on Wednesday, April 18th 2018. The 11-10 split was announced on Tuesday, April 17th 2018. The newly minted shares were distributed to shareholders after the market closes on Tuesday, April 17th 2018. An investor that had 100 shares of stock prior to the split would have 110 shares after the split.
What other stocks do shareholders of Parke Bancorp own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Parke Bancorp investors own include AT&T (T), Dominion Energy (D), Lazard (LAZ), OceanFirst Financial (OCFC), Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), Abbott Laboratories (ABT), Bristol-Myers Squibb (BMY) and Enbridge (ENB).
What is Parke Bancorp's stock symbol?: Parke Bancorp trades on the NASDAQ under the ticker symbol "PKBK."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Parke Bancorp's stock price today?: One share of PKBK stock can currently be purchased for approximately $21.12.
How much money does Parke Bancorp make?: Parke Bancorp (NASDAQ:PKBK) has a market capitalization of $251.64 million and generates $90.87 million in revenue each year. The bank earns $40.76 million in net income (profit) each year or $3.41 on an earnings per share basis.
How can I contact Parke Bancorp?: Parke Bancorp's mailing address is 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ, 08080. The official website for the company is www.parkebank.com. The bank can be reached via phone at (856) 256-2500, via email at investorrelations@parkebank.com, or via fax at 856-256-2590.

This page (NASDAQ:PKBK) was last updated on 10/7/2022 by MarketBeat.com Staff

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Parke Bancorp - PKBK Stock Forecast, Price & News

Parke Bancorp MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month