Parke Bancorp: The Perfect Place to Invest Your Money
December 18, 2023
☀️Trending News
Parke Bancorp ($NASDAQ:PKBK) is the perfect place to invest your money. This publicly traded bank holding company, based in Pennsylvania, has a long history of providing excellent financial services and products to its customers. As a full-service financial institution, Parke Bancorp offers a wide range of services including trust services, retail banking, commercial banking, loan origination, and wealth management. With a commitment to providing superior customer service and competitive rates, Parke Bancorp is one of the most reliable investment options available. Parke Bancorp has a strong financial position with substantial capital reserves as well as high levels of liquidity. The company has demonstrated consistent growth in its asset base and profitability over the years.
With a strong focus on risk management, the company has managed to keep its loan portfolio low risk while continuing to deliver attractive returns to its investors. The firm also has excellent management with an experienced and dedicated team that has a clear vision for the future growth of the company. With a long history of stability and success, this stock can be trusted to provide excellent returns over the long term. Whether you are looking for a short-term or long-term investment, Parke Bancorp is the ideal choice for safeguarding your funds.
Market Price
On Monday, PARKE BANCORP stock opened at $17.6 and closed at $17.8, down by 1.0% from last closing price of 18.0. Parke Bancorp has a strong history of success and stability, and its stock performance has consistently been strong. Investing in Parke Bancorp is a smart choice for anyone looking to make the most of their money. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Parke Bancorp. More…
| Total Revenues | Net Income | Net Margin |
| – | 30.72 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Parke Bancorp. More…
| Operations | Investing | Financing |
| 43.45 | -262.94 | -194.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Parke Bancorp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.98k | 1.71k | – |
Key Ratios Snapshot
Some of the financial key ratios for Parke Bancorp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.4% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
As GoodWhale, I recently conducted an analysis of PARKE BANCORP‘s financials. According to our Star Chart performance indicator, PARKE BANCORP rated strong in profitability, asset, dividend, and medium in growth. This places PARKE BANCORP in the category of ‘cow’, a type of company we conclude that has the track record of paying out consistent and sustainable dividends. Given this rating, investors who are seeking long-term investments with a secure return may be interested in PARKE BANCORP. Additionally, with a high health score of 8/10 considering its cashflows and debt, PARKE BANCORP is capable to sustain future operations in times of crisis. Considering these factors, it may be an attractive option for investors who are looking for a reliable, long-term return on their investments. More…
Peers
It operates through its wholly owned subsidiary, Parke Bank, which provides a wide range of banking services. Parke Bancorp Inc competes in the banking and financial services industry alongside other companies such as Malaga Financial Corp, Primis Financial Corp, and First Business Financial Services Inc.
– Malaga Financial Corp ($OTCPK:MLGF)
Malaga Financial Corp is a financial services company based in the United States. The company provides a range of services, including wealth management, retirement planning, and banking services. As of 2023, Malaga Financial Corp has a market cap of 41.82M, making it one of the largest financial service companies in the US. The company’s market cap reflects the value of all its outstanding shares, which is calculated by multiplying the total number of shares outstanding by the current stock price. Malaga Financial Corp has seen an increase in its market cap over the past few years, indicating that investors are confident in the company’s performance and potential for future growth.
– Primis Financial Corp ($NASDAQ:FRST)
Primis Financial Corp is a financial services company that provides a wide range of services, including wealth management, asset management, corporate finance, and investment banking. As of 2023, the company has a market cap of 292.27M, which is a measure of its worth in the stock market. Market capitalization is calculated by multiplying the number of shares outstanding by the price per share. Primis Financial’s market cap indicates that investors believe it is a valuable and profitable company.
– First Business Financial Services Inc ($NASDAQ:FBIZ)
Business Financial Services Inc (BFS) is a financial services company based in Wisconsin. The company provides a range of financial services, including capital markets, asset management, treasury services, corporate finance, and transaction banking. As of 2023, the company has a market cap of 308.16M, making it one of the larger financial service companies in the United States. BFS has grown significantly since its founding in 1989 and provides financial services to over 3,000 businesses and individuals in the United States. The company also provides services to international clients, making it a leader in the financial services industry.
Summary
Parke Bancorp is an attractive option for investors looking to park their money. They offer a wide range of services, from consumer banking, to commercial banking and mortgage lending. Furthermore, their loan portfolio is diversified, with exposure to a variety of industries. Parke Bancorp is well positioned for continued success.
