Parke Return On Equity from 2010 to 2024
| PKBK Stock | USD 23.61 0.05 0.21% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.10010657 | Current Value 0.096 | Quarterly Volatility 0.03807315 |
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.
Parke | Return On Equity |
Latest Parke Bancorp's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Parke Bancorp over the last few years. Return on Equity is the amount of Parke Bancorp net income returned as a percentage of Parke Bancorp equity. Return on equity measures Parke Bancorp profitability by revealing how much profit Parke Bancorp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Parke Bancorp's Return On Equity 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.
| View | Last Reported 0.0985 | 10 Years Trend |
|
Return On Equity |
| Timeline |
Parke Return On Equity Regression Statistics
| Arithmetic Mean | 0.12 | |
| Geometric Mean | 0.11 | |
| Coefficient Of Variation | 32.73 | |
| Mean Deviation | 0.03 | |
| Median | 0.10 | |
| Standard Deviation | 0.04 | |
| Sample Variance | 0 | |
| Range | 0.124 | |
| R-Value | 0.57 | |
| Mean Square Error | 0 | |
| R-Squared | 0.32 | |
| Significance | 0.03 | |
| Slope | 0 | |
| Total Sum of Squares | 0.02 |
Parke Return On Equity History
About Parke Bancorp Financial Statements
Parke Bancorp investors utilize fundamental indicators, such as Return On Equity, 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 Reported | Projected for Next Year | ||
| Return On Equity | 0.10 | 0.10 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.