Parke Bancorp, Inc.PKBK
What Parke Bancorp, Inc. does.
We are a bank holding company incorporated under the laws of the State of New Jersey in January 2005. Our business and operations primarily consist of our ownership of Parke Bank (the "Bank"). The Bank is a full-service commercial bank and is chartered by the New Jersey Department of Banking and insured by the Federal Deposit Insurance Corporation (“FDIC”). The Bank conducts its business through offices in Gloucester, Atlantic and Camden Counties in New Jersey and the Philadelphia area in Pennsylvania.
We, through our wholly owned subsidiary Parke Bank, provide personal and business financial services to individuals and small to mid-sized businesses. We offer a range of loan products, deposits services, and other financial products through our retail branches and other channels to our customers. Our core lending businesses are commercial real estate lending, residential real estate lending, and construction lending. We also offer a variety of commercial and industry loan and consumer loan products to our customers. We fund our lending business primarily with deposits generated through retail deposits and commercial relationships. Our deposit products include checking, savings, money market deposit, time deposits, and other traditional deposit services. In addition to traditional products and services, we offer contemporary products and services, such as debit cards, internet banking and online bill payment.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $66.8M | $77.9M | $81.7M | $70.9M | $63.0M | $79.9M |
| Net income | $28.4M | $40.8M | $41.8M | $28.5M | $27.5M | $37.8M |
| Free cash flow | $36.3M | $38.6M | $43.3M | $23.0M | $35.0M | $39.0M |
More on PKBK.
- Parke Bancorp, Inc. summary
- Parke Bancorp, Inc. financial statements
- Parke Bancorp, Inc. key metrics
- Parke Bancorp, Inc. health scores and style box
- Parke Bancorp, Inc. earnings
- Parke Bancorp, Inc. dividends
- Parke Bancorp, Inc. valuation
- Parke Bancorp, Inc. ownership and insiders
- Parke Bancorp, Inc. peers
Figures from Parke Bancorp, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.