Parke Bancorp operates as the bank holding company for Parke Bank that provides personal and business financial services to individuals and small to mid-sized businesses. The Company offers various deposit and lending products. In addition, it provides overnight depository, ACH, wire transfer services, and merchant capture electronic check processing services, as well as debit cards, Internet banking, and online bill payment services.

Employee Rating

2.0More
TypePublic
HQSewell, US
Founded1999
Size (employees)70 (est)+5%
Websiteparkebank.com
Parke Bancorp was founded in 1999 and is headquartered in Sewell, US
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Parke Bancorp Office Locations

Parke Bancorp has an office in Sewell
Sewell, US (HQ)
601 Delsea Drive
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Parke Bancorp Financials and Metrics

Parke Bancorp Revenue

Parke Bancorp's revenue was reported to be $50.30 m in FY, 2017
USD

Revenue (Q3, 2018)

17.1m

Gross profit (Q3, 2018)

13.4m

Gross profit margin (Q3, 2018), %

78.2%

EBIT (Q3, 2018)

11.7m

Market capitalization (14-Dec-2018)

184.8m

Closing stock price (14-Dec-2018)

17.8

Cash (30-Sep-2018)

86.7m

EV

111.4m
Parke Bancorp's current market capitalization is $184.8 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

36.8m38.1m44.5m52.5m50.3m

Revenue growth, %

4%3%33%

Cost of goods sold

5.8m6.8m8.3m

Gross profit

38.7m45.7m42.0m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

10.8m12.0m11.5m18.9m10.5m11.5m12.4m12.9m14.4m15.5m17.1m

Cost of goods sold

1.5m1.5m1.6m1.7m1.7m1.8m2.0m2.1m2.5m3.3m3.7m

Gross profit

9.3m10.5m9.9m17.2m8.8m9.7m10.4m10.7m11.9m12.2m13.4m

Gross profit Margin, %

86%87%86%91%84%84%84%83%83%79%78%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

45.7m36.2m27.4m70.7m42.1m

Accounts Receivable

2.7m2.8m3.0m3.1m

Inventories

PP&E

3.9m4.5m4.6m5.2m7.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

7.8m12.3m11.9m18.9m11.8m

Depreciation and Amortization

337.0k348.0k251.0k270.0k320.0k

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

6.5m2.5m5.3m10.0m2.6m5.5m8.4m3.0m11.7m15.6m3.5m7.1m11.3m5.8m11.9m18.1m

Depreciation and Amortization

253.0k86.0k175.0k266.0k79.0k157.0k239.0k78.0k154.0k181.0k69.0k144.0k229.0k91.0k

Cash From Operating Activities

7.8m(3.9m)4.5m17.7m1.8m6.6m9.0m1.0m7.9m11.8m3.0m4.1m11.4m6.6m12.3m18.9m

Cash From Investing Activities

(33.9m)7.6m2.9m(12.4m)(29.2m)(37.8m)(59.1m)(43.5m)(13.1m)(43.7m)(31.5m)(75.4m)(99.5m)(26.7m)(84.5m)(160.4m)
USDY, 2018

EV/EBIT

9.5 x

EV/CFO

5.9 x

Debt/Equity

0.1 x

Financial Leverage

9 x
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Parke Bancorp Online and Social Media Presence

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Parke Bancorp Company Life and Culture

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Parke Bancorp Frequently Asked Questions

  • When was Parke Bancorp founded?

    Parke Bancorp was founded in 1999.

  • How many employees does Parke Bancorp have?

    Parke Bancorp has 70 employees.

  • What is Parke Bancorp revenue?

    Latest Parke Bancorp annual revenue is $50.3 m.

  • What is Parke Bancorp revenue per employee?

    Latest Parke Bancorp revenue per employee is $718.6 k.

  • Who are Parke Bancorp competitors?

    Competitors of Parke Bancorp include United Business Bank, Union Bank and Northrim BanCorp.

  • Where is Parke Bancorp headquarters?

    Parke Bancorp headquarters is located at 601 Delsea Drive , Sewell.

  • Where are Parke Bancorp offices?

    Parke Bancorp has an office in Sewell.

  • How many offices does Parke Bancorp have?

    Parke Bancorp has 1 office.