NASDAQ:PKBK

Parke Bancorp Stock Forecast, Price & News

$18.16

-0.52 (-2.78 %)

(As of 01/26/2021 03:59 PM ET)

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Today's Range

$18.14

Now: $18.16▼

$18.65

50-Day Range

$15.22

MA: $16.35▼

$18.31

52-Week Range

$9.05

Now: $18.16▼

$22.80

Volume1,638 shs

Average Volume34,001 shs

Market Capitalization$215.23 million

P/E Ratio7.80

Dividend Yield3.50%

Beta0.99

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, 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 a branch office in Northfield, New Jersey; two branch offices in Washington Township, New Jersey; a branch office in Galloway Township, New Jersey; a branch office in Collingswood, New Jersey; a branch in center city Philadelphia; and a branch in Chinatown in Philadelphia. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey.

Overall MarketRank^™

1.02 out of 5 stars

Finance Sector

1026th out of 1,936 stocks

State Commercial Banks Industry

212th out of 309 stocks

0.0 Analyst's Opinion

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

2.2 Community Rank

Outperform Votes
Parke Bancorp has received 126 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Parke Bancorp has received 158 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Parke Bancorp has received 55.63% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Parke Bancorp and other stocks. Vote “Outperform” if you believe PKBK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PKBK will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Parke Bancorp pays a meaningful dividend of 3.50%, 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.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Parke Bancorp insiders have sold 1,195.41% more of their company's stock than they have bought. Specifically, they have bought $14,370.00 in company stock and sold $186,150.00 in company stock.
Percentage Held by Insiders
Only 12.18% of the stock of Parke Bancorp is held by insiders.
Percentage Held by Institutions
41.00% 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 7.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Parke Bancorp is 7.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.10.
Price to Book Value per Share Ratio
Parke Bancorp has a P/B Ratio of 1.22. 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

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:PKBK

Previous Symbol

CUSIPN/A

CIK1315399

Webwww.parkebank.com

Phone856-256-2500

Employees84

Year FoundedN/A

Debt

Debt-to-Equity Ratio1.40

Current Ratio1.25

Quick Ratio1.25

Price-To-Earnings

Trailing P/E Ratio7.80

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$83.38 million

Price / Sales2.58

Cash Flow$2.76 per share

Price / Cash Flow6.59

Book Value$15.10 per share

Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$29.84 million

Net Margins31.88%

Return on Equity14.92%

Return on Assets1.48%

Miscellaneous

Outstanding Shares11,852,000

Market Cap$215.23 million

Next Earnings Date4/20/2021 (Estimated)

OptionableNot Optionable

$18.16

-0.52 (-2.78 %)

(As of 01/26/2021 03:59 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Parke Bancorp (NASDAQ:PKBK) Frequently Asked Questions

How has Parke Bancorp's stock been impacted by Coronavirus (COVID-19)?

Parke Bancorp's stock was trading at $16.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PKBK shares have increased by 15.1% and is now trading at $18.43.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Parke Bancorp?

Wall Street analysts have given Parke Bancorp a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Parke Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Parke Bancorp's next earnings date?

Parke Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, April 20th 2021.
View our earnings forecast for Parke Bancorp.

How were Parke Bancorp's earnings last quarter?

Parke Bancorp, Inc. (NASDAQ:PKBK) announced its earnings results on Tuesday, April, 21st. The bank reported $0.60 earnings per share for the quarter. The bank earned $16.19 million during the quarter. Parke Bancorp had a net margin of 31.88% and a trailing twelve-month return on equity of 14.92%.
View Parke Bancorp's earnings history.

How often does Parke Bancorp pay dividends? What is the dividend yield for Parke Bancorp?

Parke Bancorp declared a quarterly dividend on Wednesday, January 20th. Shareholders of record on Monday, February 1st will be paid a dividend of $0.16 per share on Tuesday, February 16th. This represents a $0.64 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date of this dividend is Friday, January 29th.
View Parke Bancorp's dividend history.

Is Parke Bancorp a good dividend stock?

Parke Bancorp pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.50%.
View Parke Bancorp's dividend history.

When did Parke Bancorp's stock split? How did Parke Bancorp's stock split work?

Parke Bancorp's stock split on the morning of Wednesday, April 18th 2018. The 11-10 split was announced on Tuesday, April 17th 2018. The newly created shares were distributed to shareholders after the market closes on Tuesday, April 17th 2018. An investor that had 100 shares of Parke Bancorp stock prior to the split would have 110 shares after the split.

Who are some of Parke Bancorp's key competitors?

Some companies that are related to Parke Bancorp include German American Bancorp (GABC), Merchants Bancorp (MBIN), ConnectOne Bancorp (CNOB), HomeStreet (HMST), Washington Trust Bancorp (WASH), Republic Bancorp (RBCAA), Preferred Bank (PFBC), Allegiance Bancshares (ABTX), Horizon Bancorp (HBNC), Origin Bancorp (OBNK), Customers Bancorp (CUBI), Community Trust Bancorp (CTBI), Great Southern Bancorp (GSBC), Lakeland Bancorp (LBAI) and Univest Financial (UVSP).
View all of PKBK's competitors.

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).

Who are Parke Bancorp's key executives?

Parke Bancorp's management team includes the following people:

Mr. Vito S. Pantilione, Pres, CEO & Director (Age 68, Pay $1.37M)
Mr. John F. Hawkins, Exec. VP & COO (Age 65, Pay $393.75k)
Mr. Ralph Martin Gallo, Exec. VP & COO (Age 62)
Mr. Paul E. Palmieri, Sr. VP (Age 62)
Mr. Nicholas J. Pantilione, Sr. VP & Chief Lending Officer (Age 34)
Linda A. Kaiser, Corp. Sec.
Ms. Kathleen A. Conover, VP & Branch Mang. of Parke Bank
Ms. Dolores M. Calvello, Sr. VP & Loan Portfolio Mang. of Parke Bank (Age 43)
Ms. Maryann Seal, Assistant VP of Parke Bank
Mr. Gil Eubank, VP of Loan Admin. - Parke Bank

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 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.

What is Parke Bancorp's stock price today?

One share of PKBK stock can currently be purchased for approximately $18.43.

How big of a company is Parke Bancorp?

Parke Bancorp has a market capitalization of $218.43 million and generates $83.38 million in revenue each year. Parke Bancorp employs 84 workers across the globe.

What is Parke Bancorp's official website?

The official website for Parke Bancorp is www.parkebank.com.

How can I contact Parke Bancorp?

Parke Bancorp's mailing address is 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ, 08080. The bank can be reached via phone at 856-256-2500 or via email at [email protected]

This page was last updated on 1/26/2021 by MarketBeat.com Staff

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