Parke Interest Expense from 2010 to 2024

PKBK Stock  USD 23.61  0.05  0.21%   
Parke Bancorp Interest Expense yearly trend continues to be quite stable with very little volatility. Interest Expense may rise above about 50.9 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2001-12-31
Previous Quarter
15.9 M
Current Value
17.4 M
Quarterly Volatility
M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Parke Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parke Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 50.9 M, Selling General Administrative of 6.6 M or Total Revenue of 39.5 M, as well as many indicators such as Price To Sales Ratio of 3.81, Dividend Yield of 0.0196 or PTB Ratio of 1.19. Parke financial statements analysis is a perfect complement when working with Parke Bancorp Valuation or Volatility modules.
  
Check out the analysis of Parke Bancorp Correlation against competitors.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.

Latest Parke Bancorp's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Parke Bancorp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Parke Bancorp's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Parke Bancorp's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Parke Interest Expense Regression Statistics

Arithmetic Mean15,757,833
Geometric Mean11,256,672
Coefficient Of Variation94.88
Mean Deviation10,789,489
Median9,231,000
Standard Deviation14,951,112
Sample Variance223.5T
Range48.3M
R-Value0.77
Mean Square Error96.2T
R-Squared0.60
Significance0.0007
Slope2,590,591
Total Sum of Squares3129.5T

Parke Interest Expense History

202450.9 M
202348.5 M
202214.2 M
202113 M
202021.9 M
201922.7 M
201813.8 M

About Parke Bancorp Financial Statements

Parke Bancorp investors utilize fundamental indicators, such as Interest Expense, to predict how Parke Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense48.5 M50.9 M

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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 the analysis of Parke Bancorp Correlation against competitors.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.