Parke Bancorp (PKBK) AI Stock Analysis

• Market Cap: $218.80M
• Dividend Yield: 3.85%
• Average Volume (3M): 23.27K
• Price to Earnings (P/E): 8.2
• Beta (1Y): 0.98
• Revenue Growth: 8.45%
• EPS Growth: -3.39%
• Country: US
• Employees: 106
• Sector: Financial
• Sector Strength: 77
• Industry: Banking
• EPS (TTM): 2.27
• Shares Outstanding: 11,884,594
• 10 Day Avg. Volume: 21,389
• 30 Day Avg. Volume: 23,272
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.51
• Price to Cash Flow (P/CF): 5.90
• P/FCF Ratio: 2.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Parke Bancorp demonstrates strong financial stability and attractive valuation metrics, with consistent revenue growth and solid cash flow generation. However, technical indicators suggest current downward momentum, which may pose short-term challenges. The stock's low P/E ratio and high dividend yield make it appealing for value and income investors.

Parke Bancorp Business Overview & Revenue Model

Company Description

Parke Bancorp, Inc. is a bank holding company headquartered in Sewell, New Jersey. Through its principal subsidiary, Parke Bank, the company provides a wide range of financial products and services primarily to individuals and small to mid-sized businesses. The bank operates in the commercial banking sector, offering traditional banking services such as checking and savings accounts, certificates of deposit, and various loan products including commercial, consumer, and real estate loans. Parke Bank is known for its personalized customer service and commitment to the communities it serves.

How the Company Makes Money

Parke Bancorp, Inc. generates revenue primarily through interest earned on loans and investments, as well as fees and service charges associated with its banking products. The company's key revenue streams include interest income from commercial, consumer, and real estate loans, as well as income from investment securities. Additionally, Parke Bank earns non-interest revenue through service charges on deposit accounts, loan origination fees, and other banking-related services. The bank's earnings are influenced by the interest rate environment, loan demand, and economic conditions in the regions it operates. Parke Bancorp's financial performance is also supported by its ability to attract and retain deposits, which serve as a primary funding source for its lending activities.

Parke Bancorp Financial Statement Overview

Summary

Parke Bancorp displays a strong financial position with consistent revenue growth and solid cash flow generation. While profitability metrics are generally favorable, some challenges in net margin trends and liability management warrant attention. The overall financial health of the company is stable, with good prospects for sustained performance.

Income Statement

The company has shown consistent revenue growth over the years, with a TTM (Trailing-Twelve-Months) revenue increase compared to the previous annual period. Gross profit margins remain strong, indicative of effective cost management. However, net profit margins have slightly declined, indicating increased expenses or other cost factors impacting net income.

Balance Sheet

Parke Bancorp maintains a solid equity base, demonstrating financial stability. The debt-to-equity ratio is manageable, suggesting controlled leverage. Return on equity remains robust, although a slight increase in total liabilities over time could pose potential risks if not managed carefully.

Cash Flow

The company's cash flow statement reflects strong operational cash flows, with a positive free cash flow trajectory. There is a healthy ratio of operating cash flow to net income, indicating efficient cash generation. The free cash flow growth rate is positive, supporting future investment opportunities.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
108.51M	72.96M	81.71M	77.92M	66.83M	60.72M
	Gross Profit
108.51M	72.96M	81.71M	77.92M	66.83M	60.72M
	EBIT
56.90M	37.69M	70.23M	54.70M	38.44M	39.63M
	EBITDA
17.46M	0.00	56.72M	55.41M	39.38M	40.50M
	Net Income Common Stockholders
28.29M	28.46M	41.82M	40.76M	28.43M	29.84M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
37.93M	180.38M	191.52M	609.90M	478.48M	218.22M
	Total Assets
1.47B	2.02B	1.98B	2.14B	2.08B	1.68B
	Total Debt
118.05M	168.11M	126.07M	120.88M	267.22M	148.05M
	Net Debt
-36.42M	-12.27M	-56.08M	-475.67M	-191.38M	-43.55M
	Total Liabilities
1.31B	1.74B	1.72B	1.90B	1.87B	1.50B
	Stockholders Equity
153.56M	284.32M	266.03M	232.36M	200.93M	177.60M
Cash Flow		Free Cash Flow
35.71M	23.02M	43.30M	38.58M	36.27M	33.84M
	Operating Cash Flow
35.65M	23.02M	43.45M	38.64M	36.52M	34.43M
	Investing Cash Flow
-39.21M	-34.89M	-262.94M	79.19M	-133.79M	-176.13M
	Financing Cash Flow
49.27M	10.10M	-194.91M	20.12M	364.26M	178.84M

Parke Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.41
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PKBK, the sentiment is Negative. The current price of 18.41 is below the 20-day moving average (MA) of 19.48, below the 50-day MA of 19.73, and below the 200-day MA of 19.50, indicating a bearish trend. The MACD of -0.35 indicates Positive momentum. The RSI at 31.11 is Neutral, neither overbought nor oversold. The STOCH value of 13.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PKBK.

Parke Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRST	74 Outperform	$570.88M	12.10	7.39%	4.64%	6.97%	-16.70%
PKBK	73 Outperform	$218.80M	8.24	9.42%	3.85%	8.45%	-3.39%
OCFC	73 Outperform	$973.22M	10.44	5.95%	4.65%	7.54%	-2.82%
CNOB	69 Neutral	$881.46M	13.66	5.99%	3.13%	6.06%	-15.21%
Sector *	64 Neutral	$13.80B	10.64	9.23%	4.22%	17.66%	-7.66%
FULT	62 Neutral	$3.18B	11.71	9.69%	3.95%	21.10%	-4.20%