Parke Bancorp Inc

Company Profile

Parke Bancorp Inc had its IPO on 2001-09-05 under the ticker symbol PKBK.

The company operates in the Financial Services sector and Banks-Regional industry. Parke Bancorp Inc has a staff strength of 104 employees.

Stock update

Shares of Parke Bancorp Inc opened at $16.55 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $16.34 - $16.65, and closed at $16.42.

This is a -1.02% slip from the previous day's closing price.

A total volume of 11,093 shares were traded at the close of the day’s session.

In the last one week, shares of Parke Bancorp Inc have slipped by -5.74%.

Parke Bancorp Inc's Key Ratios

Parke Bancorp Inc has a market cap of $198.20 million, indicating a price to book ratio of 0.9677 and a price to sales ratio of 3.0509.

In the last 12-months Parke Bancorp Inc’s revenue was $78.89 million with a gross profit of $79.91 million and an EBITDA of $0. The EBITDA ratio measures Parke Bancorp Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Parke Bancorp Inc’s operating margin was 69.93% while its return on assets stood at 2.03% with a return of equity of 15.24%.

In Q2, Parke Bancorp Inc’s quarterly earnings growth was a negative -23.9% while revenue growth was a negative 15.8%.

Parke Bancorp Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

4.997

PEG

0

Its diluted EPS in the last 12-months stands at $3.32 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Parke Bancorp Inc’s profitability.

Parke Bancorp Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.0509.

Parke Bancorp Inc stock pays annual dividends of $0.72 per share, indicating a yield of 4.29% and a payout ratio of 16.27%.

Balance sheet and cash flow metrics

Total Assets

$1.98 billion

Total Liabilities

$3.73 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

16.27%

Parke Bancorp Inc ended 2024 with $1.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.98 billion while shareholder equity stood at $279.14 million.

Parke Bancorp Inc ended 2024 with $0 in deferred long-term liabilities, $3.73 million in other current liabilities, 1223000.00 in common stock, $144.55 million in retained earnings and $0 in goodwill. Its cash balance stood at $137.50 million and cash and short-term investments were $137.50 million. The company’s total short-term debt was $0 while long-term debt stood at $239.17 million.

Parke Bancorp Inc’s total current assets stands at $137.50 million while long-term investments were $17.76 million and short-term investments were $8.42 million. Its net receivables were $8.07 million compared to accounts payable of $3.73 million and inventory worth $0.

In 2024, Parke Bancorp Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Parke Bancorp Inc paid $0.16 in dividends in 2024.

Other key metrics

Current Trading Price

$16.42

52-Week High

$21.7372

52-Week Low

$14.7005

Analyst Target Price

$13

Parke Bancorp Inc stock is currently trading at $16.42 per share. It touched a 52-week high of $21.7372 and a 52-week low of $21.7372. Analysts tracking the stock have a 12-month average target price of $13.

Its 50-day moving average was $17.78 and 200-day moving average was $18.27 The short ratio stood at 2.12 indicating a short percent outstanding of 0%.

Around 1465.1% of the company’s stock are held by insiders while 4541.1% are held by institutions.