Parke Bancorp (NASDAQ: PKBK) — Company Overview, News & Financial Data
Parke Bancorp is a banking company focused on financial services like commercial banking and community development.
Parke Bancorp
Parke Bancorp (NASDAQ:PKBK) operates primarily in the banking sector, offering a wide range of financial services including commercial and personal banking products. Its operations are mainly focused on providing loans to small and medium-sized businesses, real estate financing, and offering deposit products to both business and individual customers. Parke Bancorp is committed to fostering community development and supporting the economic growth of the regions it serves. The company embarks on projects aimed at enhancing customer service, integrating advanced technology for better banking solutions, and expanding its footprint to reach more clients. Objectives include maintaining financial stability, achieving sustainable growth, and delivering superior shareholder value while upholding high standards of integrity and professionalism in its operations.
Snapshot
Operations
Products and/or services of Parke Bancorp
- Commercial and industrial lending, offering loans to businesses for various purposes.
- Real estate construction loans, financing for commercial and residential development projects.
- Commercial real estate loans, for purchasing or refinancing properties.
- Small Business Administration (SBA) loans, supporting small businesses with federally backed funding.
- Consumer loans, including personal, auto, and home equity loans.
- Online and mobile banking services, providing customers with digital access to their accounts and banking transactions.
Parke Bancorp executive team
- Vito S. PantilionePresident, CEO & Director
- Jonathan D. HillSenior VP & CFO
- Ralph Martin GalloExecutive VP & COO
- Elizabeth A. MilavskyDirector
- Nicholas J. PantilioneSenior VP & Chief Lending Officer
- Ralph A. BonadiesSenior VP & Chief Risk Officer
- James B. MeadowsSenior Vice President & Chief Credit Officer
- Linda A. KaiserCorporate Secretary
Dividend history
Dividends per share paid by Parke Bancorp, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $0.7600 |
| FY2025 | — | — | — | $0.7200 |
| FY2024 | — | — | — | $0.7200 |
| FY2023 | — | — | — | $0.7200 |
| FY2022 | — | — | — | $0.6600 |
Key financials
Reported results for Parke Bancorp, in USD.
- Market cap
- 392.5M
- Revenue (TTM)
- 91.2M
- P/E ratio
- 8.2
- EPS (diluted, TTM)
- 4.1
- Dividend yield
- 2.3%
- Profit margin
- 51.9%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 146.1M | 50M | 37.8M | |
| 129.4M | 36.3M | 27.5M | |
| 119.4M | 37.7M | 28.5M | |
| 95.9M | 56.1M | 41.8M |