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PKBK

Parke Bancorp, Inc.

PKBK

Parke Bancorp, Inc. • NASDAQ
$22.89 ▼ -0.11% (-0.03)
Market Cap $271.17 M
52w High $23.69
52w Low $16.94
Dividend Yield 0.72%
P/E 8.06
Volume 8.49K
Outstanding Shares 11.85M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $37.359M ▲ $7.164M ▲ $10.63M ▲ 28.454% ▲ $0.9 ▲ $13.609M ▲
Q2-2025 $35.84M ▲ $6.68M ▲ $8.283M ▲ 23.111% ▲ $0.7 ▲ $11.147M ▲
Q1-2025 $34.667M ▲ $6.538M ▼ $7.778M ▲ 22.436% ▲ $0.66 ▲ $10.448M ▲
Q4-2024 $34.463M ▲ $6.849M ▲ $7.398M ▼ 21.467% ▼ $0.62 ▼ $9.868M ▲
Q3-2024 $33.023M $6.365M $7.508M 22.736% $0.63 $9.542M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $173.172M ▼ $2.172B ▲ $1.857B ▼ $314.837M ▲
Q2-2025 $184.254M ▼ $2.17B ▲ $1.858B ▲ $312.156M ▲
Q1-2025 $209.036M ▼ $2.142B ▼ $1.836B ▼ $305.942M ▲
Q4-2024 $221.527M ▲ $2.142B ▲ $1.842B ▲ $300.073M ▲
Q3-2024 $178.49M $2.065B $1.769B $296.46M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $10.63M ▲ $11.355M ▲ $-27.336M ▲ $-8.96M ▼ $-24.941M ▼ $11.248M ▲
Q2-2025 $8.283M ▲ $6.759M ▼ $-51.156M ▼ $19.615M ▲ $-24.782M ▼ $6.698M ▲
Q1-2025 $7.778M ▲ $6.999M ▼ $-13.09M ▲ $-6.4M ▼ $-12.491M ▼ $6.618M ▼
Q4-2024 $7.398M ▼ $8.515M ▼ $-27.768M ▲ $68.331M ▲ $49.078M ▲ $8.468M ▼
Q3-2024 $7.508M $9.394M $-33.005M $28.382M $4.771M $9.375M

Five-Year Company Overview

Income Statement

Income Statement Parke Bancorp shows a slow but steady rise in revenue over the past few years, which is a positive sign for a community bank. However, profit margins have narrowed compared with the peak years of the early 2020s, and earnings per share have eased back from their highs. This likely reflects a tougher interest-rate environment, higher funding costs, and possibly more conservative loan loss provisioning. Overall, the bank remains solidly profitable, but growth in earnings has stalled and become more sensitive to operating conditions.

Balance Sheet

Balance Sheet The balance sheet looks reasonably solid for a small regional bank. Total assets have stayed in a fairly tight range, suggesting controlled growth rather than aggressive expansion. Equity has been building gradually, indicating retained profits and a stronger capital base over time. Debt levels are modest but have crept up, which is manageable as long as credit quality stays sound. Cash levels spiked earlier in the decade and then settled back, with a recent uptick that provides some liquidity cushion but also raises questions about how efficiently those funds are being deployed.

Cash Flow

Cash Flow Cash generation has been consistently positive, with operating cash flow generally in line with reported profits. Free cash flow is also positive, helped by minimal capital spending needs, which is typical for a bank whose main “assets” are loans rather than physical infrastructure. The one soft patch in operating cash flow appears temporary rather than structural. Overall, cash flow quality looks decent, but not spectacular, and seems adequate to support ongoing operations and a conservative growth profile.

Competitive Edge

Competitive Edge Parke Bancorp competes in a crowded regional banking space but differentiates itself through its community banking model and a notable niche in cannabis banking. Its specialization in serving cannabis-related businesses gives it a knowledge advantage and deeper relationships in a segment that many peers still avoid. At the same time, the bank remains geographically concentrated in New Jersey and the Philadelphia area and operates with fewer resources than large banks, which can limit scale and marketing reach. Technology capabilities appear adequate but not cutting edge, leaving some exposure to more digitally advanced competitors.

Innovation and R&D

Innovation and R&D As a traditional community bank, Parke Bancorp does not rely on heavy research and development spending or flashy fintech projects. Its innovation is more practical and focused on providing standard digital tools—online banking, mobile apps, remote deposit, and digital payments—rather than groundbreaking platforms. The true “innovation” is strategic: building early expertise and compliance capabilities in cannabis banking, which is difficult for new entrants to copy quickly. The main risk is a potential technology investment gap; if competitors upgrade faster or if customer expectations rise sharply, Parke Bancorp may need to accelerate digital improvements or partner with fintech providers to stay current.

Summary

Parke Bancorp appears to be a steady, niche-focused community bank: revenues are gradually rising, profits are solid but off their peak, and the balance sheet and cash flows look generally sound rather than stretched. Its standout strength is a defensible position in cannabis banking, supported by specialized compliance know-how and long-standing client relationships. Offsetting this, earnings growth has cooled, margins are under pressure, and the bank is not a technology leader, which could matter more over time as digital banking expectations keep advancing. The story is one of cautious, relationship-driven banking with a unique niche, rather than rapid, innovation-led expansion.

NEWS

October 22, 2025 · 4:15 PM UTC

PARKE BANCORP, INC. ANNOUNCES THIRD QUARTER 2025 EARNINGS

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September 17, 2025 · 4:15 PM UTC

PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND

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