ParkeBank

Parke Bancorp, Inc. was incorporated in January 2005 while ParkeBank commenced operations in January 1999. Parke Bancorp and ParkeBank maintain their principal offices at 601 Delsea Drive, Washington Township, New Jersey. ParkeBank conducts business through a branch office in Northfield, New Jersey, two branch offices in Washington Township, New Jersey, a branch office in Galloway Township, New Jersey and a branch in center city Philadelphia. ParkeBank is a full service commercial bank, with an emphasis on providing personal and business financial services to individuals and small-sized businesses primarily in Gloucester, Atlantic and Cape May counties in New Jersey and Philadelphia and surrounding counties in Pennsylvania. ParkeBank’s deposits are insured up to the maximum legal amount by the Federal Deposit Insurance Corporation (FDIC). Parke Bancorp’s common stock is traded on the NASDAQ Capital Market under the symbol “PKBK”.
Type
Public
HQ
Washington Township, US
Size (employees)
65 (est)
ParkeBank is headquartered in Washington Township, US

ParkeBank Office Locations

ParkeBank has an office in Washington Township
Washington Township, US (HQ)
601 Delsea Dr

ParkeBank Data and Metrics

ParkeBank Financial Metrics

ParkeBank's revenue was reported to be $52.5 m in 2016
$, USD

Revenue (Y, 2016)

52.5 m

Revenue growth (Y, 2015 - Y, 2016), %

33%

Gross profit (Y, 2016)

45.7 m

Gross profit margin (Y, 2016), %

87%

Net income (Y, 2016)

18.9 m

EBIT (Y, 2016)

34 m

Market capitalization (22-Jun-2017)

147.8 m

Closing share price (22-Jun-2017)

21.5

Cash (31-Dec-2016)

70.7 m
ParkeBank's current market capitalization is $147.8 m.
$, USDFY, 2013FY, 2014FY, 2015Y, 2016

Revenue

36.8 m38.1 m39.4 m52.5 m

Revenue growth, %

4%3%33%

Cost of goods sold

5.8 m6.8 m

Gross profit

33.6 m45.7 m

Gross profit Margin, %

85%87%

Operating expense total

16.9 m16.6 m

EBIT

30.6 m34 m

EBIT margin, %

78%65%

Pre tax profit

18.8 m27.6 m

Income tax expense

6.8 m8.7 m

Net Income

7.8 m12.3 m11.9 m18.9 m
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

45.7 m36.2 m27.4 m70.7 m

Accounts Receivable

2.7 m2.8 m3 m3.1 m

PP&E

3.9 m4.5 m4.6 m5.2 m

Total Assets

794.9 m821.7 m885.1 m1 b

Accounts Payable

423 k445 k494 k655 k

Additional Paid-in Capital

51.2 m51.3 m54 m62.3 m

Retained Earnings

24.3 m33 m40.6 m47.5 m

Total Equity

92.6 m103.1 m112.2 m127.1 m

Financial Leverage

8.6 x8 x7.9 x8 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

7.8 m12.3 m11.9 m18.9 m

Depreciation and Amortization

337 k348 k251 k270 k

Cash From Operating Activities

5.6 m26.5 m5.1 m12.7 m

Cash From Investing Activities

(51.9 m)(47.8 m)(64.4 m)(84.3 m)

Cash From Financing Activities

15.1 m11.8 m50.6 m114.9 m

Income Taxes Paid

4.8 m5.3 m6.5 m10 m
$, USDY, 2016

Revenue/Employee

807.6 k

Financial Leverage

8 x

ParkeBank Market Value History

ParkeBank Online and Social Media Presence

ParkeBank Company Life and Culture

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