Parke Bancorp Stock Today

PKBK Stock  USD 23.61  0.05  0.21%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Parke Bancorp is selling for 23.61 as of the 30th of November 2024. This is a 0.21 percent increase since the beginning of the trading day. The stock's last reported lowest price was 22.78. Parke Bancorp has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Parke Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
5th of September 2001
Category
Financial Services
Classification
Financials
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. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey. The company has 11.88 M outstanding shares of which 53.44 K shares are at this time shorted by private and institutional investors with about 2.71 trading days to cover. More on Parke Bancorp

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Parke Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOVito Pantilione
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00980.0141
Way Down
Slightly volatile
Asset Turnover0.03060.0361
Fairly Down
Very volatile
Total Current Liabilities974.8 M928.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total AssetsBB
Way Down
Slightly volatile
Total Current Assets104 M188.9 M
Way Down
Slightly volatile
Total Cash From Operating Activities18.9 M23 M
Significantly Down
Slightly volatile
Debt Levels
Parke Bancorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Parke Bancorp's financial leverage. It provides some insight into what part of Parke Bancorp's total assets is financed by creditors.
Liquidity
Parke Bancorp currently holds 168.11 M in liabilities with Debt to Equity (D/E) ratio of 6.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Parke Bancorp's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

18.43 Million
Parke Bancorp (PKBK) is traded on NASDAQ Exchange in USA. It is located in 601 Delsea Drive, Washington Township, NJ, United States, 08080 and employs 101 people. Parke Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 280.6 M. Parke Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 11.88 M outstanding shares of which 53.44 K shares are at this time shorted by private and institutional investors with about 2.71 trading days to cover. Parke Bancorp currently holds about 193.34 M in cash with 23.02 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.22.
Check Parke Bancorp Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Parke Bancorp is $280.6 Million. 30% of Parke Bancorp outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Parke Ownership Details

Parke Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
141.2 K
Hotchkis & Wiley Capital Management Llc2024-09-30
118.9 K
Morgan Stanley - Brokerage Accounts2024-06-30
117 K
Bridgeway Capital Management, Llc2024-09-30
107.1 K
Renaissance Technologies Corp2024-09-30
99.9 K
Caldwell Sutter Capital Inc2024-09-30
95.4 K
Northern Trust Corp2024-09-30
85.6 K
American Century Companies Inc2024-09-30
68.9 K
Bank Of New York Mellon Corp2024-06-30
57.4 K
Blackrock Inc2024-06-30
728.7 K
Vanguard Group Inc2024-09-30
537 K
View Parke Bancorp Diagnostics

Parke Bancorp Historical Income Statement

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. View More Fundamentals

Parke Stock Against Markets

Parke Bancorp Corporate Executives

Elected by the shareholders, the Parke Bancorp's board of directors comprises two types of representatives: Parke Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parke. The board's role is to monitor Parke Bancorp's management team and ensure that shareholders' interests are well served. Parke Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Parke Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
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 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.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.