Parke Historical Income Statement

PKBK Stock

USD 23.61 0.05 0.21%

Historical analysis of Parke Bancorp income statement accounts such as Other Operating Expenses of 19.6 M, Operating Income of 29.5 M, EBIT of 0.0 or Ebitda of 380.9 K can show how well Parke Bancorp performed in making a profits. Evaluating Parke Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Parke Bancorp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Parke Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Parke Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parke Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.

About Parke Income Statement Analysis

Parke Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Parke Bancorp shareholders. The income statement also shows Parke investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Parke Bancorp Income Statement Chart

At this time, Parke Bancorp's Net Income Applicable To Common Shares is quite stable compared to the past year. Selling And Marketing Expenses is expected to rise to about 18 M this year, although the value of Operating Income will most likely fall to about 29.5 M.

Selling General Administrative Total Revenue Gross Profit Operating Income Ebit

Total Revenue

Total revenue comprises all receipts Parke Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Parke Bancorp minus its cost of goods sold. It is profit before Parke Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Parke Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Parke Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Parke Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Parke Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parke Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.At this time, Parke Bancorp's Net Income Applicable To Common Shares is quite stable compared to the past year. Selling And Marketing Expenses is expected to rise to about 18 M this year, although the value of Operating Income will most likely fall to about 29.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	77.9M	81.7M	73.0M	39.5M
Total Revenue	77.9M	81.7M	73.0M	39.5M

Gross Profit Total Revenue

Parke Bancorp income statement Correlations

	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Depreciation And Amortization	Minority Interest	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		-0.12	0.4	0.4	0.14	0.26	-0.36	-0.35	0.46	0.59	0.32	0.9	0.35	0.21	0.45	0.49	-0.32	0.47	0.35	0.65	0.77	0.5	0.87
Selling General Administrative	-0.12		0.68	0.68	-0.51	0.71	0.84	0.84	0.4	-0.67	0.69	-0.44	0.64	0.72	0.55	0.58	0.21	0.53	0.49	0.41	0.26	0.51	-0.44
Total Revenue	0.4	0.68		1.0	-0.45	0.91	0.61	0.61	0.68	-0.22	0.96	0.07	0.94	0.88	0.62	0.88	-0.16	0.89	0.7	0.84	0.8	0.76	0.24
Gross Profit	0.4	0.68	1.0		-0.45	0.91	0.61	0.61	0.68	-0.22	0.96	0.07	0.94	0.88	0.62	0.88	-0.16	0.89	0.7	0.84	0.8	0.76	0.24
Other Operating Expenses	0.14	-0.51	-0.45	-0.45		-0.5	-0.6	-0.6	-0.22	0.42	-0.54	0.37	-0.55	-0.47	0.15	-0.48	-0.01	-0.53	-0.51	-0.5	-0.35	-0.66	0.31
Operating Income	0.26	0.71	0.91	0.91	-0.5		0.76	0.76	0.57	-0.19	0.96	-0.11	0.94	0.91	0.47	0.72	-0.2	0.9	0.8	0.81	0.7	0.75	0.05
Ebit	-0.36	0.84	0.61	0.61	-0.6	0.76		1.0	0.31	-0.67	0.72	-0.68	0.68	0.73	0.21	0.45	0.12	0.57	0.52	0.36	0.2	0.42	-0.58
Ebitda	-0.35	0.84	0.61	0.61	-0.6	0.76	1.0		0.31	-0.67	0.72	-0.68	0.69	0.73	0.21	0.45	0.12	0.57	0.52	0.37	0.2	0.42	-0.58
Cost Of Revenue	0.46	0.4	0.68	0.68	-0.22	0.57	0.31	0.31		0.13	0.56	0.15	0.56	0.49	0.61	0.8	0.0	0.51	0.34	0.57	0.59	0.48	0.29
Total Operating Expenses	0.59	-0.67	-0.22	-0.22	0.42	-0.19	-0.67	-0.67	0.13		-0.27	0.7	-0.24	-0.29	-0.01	-0.17	-0.34	-0.11	-0.05	0.06	0.17	-0.07	0.73
Income Before Tax	0.32	0.69	0.96	0.96	-0.54	0.96	0.72	0.72	0.56	-0.27		-0.02	0.99	0.91	0.44	0.8	-0.24	0.96	0.8	0.87	0.79	0.82	0.11
Total Other Income Expense Net	0.9	-0.44	0.07	0.07	0.37	-0.11	-0.68	-0.68	0.15	0.7	-0.02		0.01	-0.1	0.26	0.17	-0.38	0.16	0.1	0.35	0.5	0.24	0.92
Net Income	0.35	0.64	0.94	0.94	-0.55	0.94	0.68	0.69	0.56	-0.24	0.99	0.01		0.85	0.39	0.81	-0.29	0.98	0.77	0.89	0.82	0.84	0.14
Income Tax Expense	0.21	0.72	0.88	0.88	-0.47	0.91	0.73	0.73	0.49	-0.29	0.91	-0.1	0.85		0.53	0.67	-0.1	0.79	0.86	0.72	0.63	0.67	0.02
Selling And Marketing Expenses	0.45	0.55	0.62	0.62	0.15	0.47	0.21	0.21	0.61	-0.01	0.44	0.26	0.39	0.53		0.56	0.1	0.32	0.29	0.33	0.35	0.27	0.31
Depreciation And Amortization	0.49	0.58	0.88	0.88	-0.48	0.72	0.45	0.45	0.8	-0.17	0.8	0.17	0.81	0.67	0.56		-0.08	0.78	0.59	0.83	0.81	0.78	0.27
Minority Interest	-0.32	0.21	-0.16	-0.16	-0.01	-0.2	0.12	0.12	0.0	-0.34	-0.24	-0.38	-0.29	-0.1	0.1	-0.08		-0.37	-0.35	-0.38	-0.34	-0.38	-0.36
Net Income From Continuing Ops	0.47	0.53	0.89	0.89	-0.53	0.9	0.57	0.57	0.51	-0.11	0.96	0.16	0.98	0.79	0.32	0.78	-0.37		0.79	0.95	0.88	0.9	0.25
Tax Provision	0.35	0.49	0.7	0.7	-0.51	0.8	0.52	0.52	0.34	-0.05	0.8	0.1	0.77	0.86	0.29	0.59	-0.35	0.79		0.81	0.68	0.81	0.13
Net Interest Income	0.65	0.41	0.84	0.84	-0.5	0.81	0.36	0.37	0.57	0.06	0.87	0.35	0.89	0.72	0.33	0.83	-0.38	0.95	0.81		0.96	0.93	0.43
Interest Income	0.77	0.26	0.8	0.8	-0.35	0.7	0.2	0.2	0.59	0.17	0.79	0.5	0.82	0.63	0.35	0.81	-0.34	0.88	0.68	0.96		0.83	0.6
Reconciled Depreciation	0.5	0.51	0.76	0.76	-0.66	0.75	0.42	0.42	0.48	-0.07	0.82	0.24	0.84	0.67	0.27	0.78	-0.38	0.9	0.81	0.93	0.83		0.24
Extraordinary Items	0.87	-0.44	0.24	0.24	0.31	0.05	-0.58	-0.58	0.29	0.73	0.11	0.92	0.14	0.02	0.31	0.27	-0.36	0.25	0.13	0.43	0.6	0.24

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Parke Bancorp Account Relationship Matchups

Parke Bancorp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	22.7M	21.9M	13.0M	14.2M	48.5M	50.9M
Selling General Administrative	9.2M	11.4M	10.8M	11.9M	3.7M	6.6M
Total Revenue	60.7M	66.8M	77.9M	81.7M	73.0M	39.5M
Gross Profit	60.7M	66.8M	77.9M	81.7M	73.0M	39.5M
Other Operating Expenses	21.1M	(28.4M)	(23.2M)	(11.5M)	18.7M	19.6M
Operating Income	39.6M	38.4M	54.7M	70.2M	37.7M	29.5M
Ebit	47.0M	39.6M	38.9M	54.9M	56.3M	0.0
Ebitda	40.1M	39.4M	55.4M	56.7M	401K	381.0K
Total Operating Expenses	(21.1M)	(28.4M)	(23.2M)	(11.5M)	18.7M	19.6M
Income Before Tax	40.1M	38.9M	54.9M	56.1M	37.7M	21.6M
Total Other Income Expense Net	446K	(4.4M)	(5.4M)	(14.2M)	37.7M	39.6M
Net Income Applicable To Common Shares	29.8M	28.4M	40.7M	41.8M	48.1M	50.5M
Net Income	29.8M	28.4M	40.8M	41.8M	28.5M	14.6M
Income Tax Expense	9.8M	10.0M	13.9M	14.3M	9.2M	6.6M
Depreciation And Amortization	431K	498K	496K	457K	464K	370.4K
Minority Interest	446K	1.7M	(215K)	(8K)	(7.2K)	(6.8K)
Preferred Stock And Other Adjustments	24K	29K	28K	27K	24.3K	23.1K
Net Income From Continuing Ops	30.3M	28.9M	41.0M	41.8M	30.7M	23.4M
Tax Provision	9.8M	10.0M	13.9M	14.3M	9.5M	11.5M
Net Interest Income	56.9M	62.6M	69.1M	73.3M	67.6M	59.5M
Interest Income	79.5M	84.5M	82.1M	87.5M	107.4M	77.4M
Reconciled Depreciation	431K	586K	687K	646K	478K	554.4K

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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:

How To Invest In Parke

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Is Parke Stock a good investment?

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What is Parke Bancorp's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.

You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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.

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Parke Historical Income Statement

About Parke Income Statement Analysis

Parke Bancorp Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Parke Bancorp income statement Correlations

Parke Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Parke Bancorp income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income
Income Before Tax	+ 0.96	Total Revenue
Income Before Tax	+ 0.96	Gross Profit

Total Other Income Expense Net	- 0.68	Ebitda
Total Other Income Expense Net	- 0.68	Ebit
Total Operating Expenses	- 0.67	Ebitda
Total Operating Expenses	- 0.67	Ebit
Total Operating Expenses	- 0.67	Selling General Administrative
Reconciled Depreciation	- 0.66	Other Operating Expenses