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”.
Company Growth (employees)
Type
Public
HQ
Washington Township, US
Size (employees)
67 (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 Financials and Metrics

ParkeBank Financials

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

Revenue (Q2, 2017)

12.4 m

Gross profit (Q2, 2017)

10.4 m

Gross profit margin (Q2, 2017), %

84%

EBIT (Q2, 2017)

8.8 m

Market capitalization (13-Dec-2017)

205.4 m

Cash (30-Jun-2017)

19.5 m

EV

199.3 m
ParkeBank's current market capitalization is $205.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

10.8 m12 m11.5 m18.9 m10.5 m11.5 m12.4 m

Cost of goods sold

1.5 m1.5 m1.6 m1.7 m1.7 m1.8 m2 m

Gross profit

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

Gross profit Margin, %

86%87%86%91%84%84%84%
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
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

49.4 m22.6 m26.9 m52.6 m52.1 m39.7 m19.5 m

PP&E

4.5 m4.5 m4.6 m4.8 m5 m5.2 m6.9 m

Total Assets

868.7 m864.7 m926.7 m924.5 m954.6 m1 b1 b

Accounts Payable

672.7 m655.5 m703 m712.8 m739.9 m787 m790.5 m
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)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

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

Depreciation and Amortization

253 k86 k175 k266 k79 k157 k239 k78 k154 k181 k69 k144 k

Cash From Operating Activities

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

Cash From Investing Activities

(33.9 m)7.6 m2.9 m(12.4 m)(29.2 m)(37.8 m)(59.1 m)(43.5 m)(13.1 m)(43.7 m)(31.5 m)(75.5 m)
USDY, 2017

EV/EBIT

22.6 x

EV/CFO

48.2 x

Revenue/Employee

184.5 k

Financial Leverage

7.9 x
Show all financial metrics

ParkeBank Market Value History

ParkeBank's Web-traffic and Trends

ParkeBank Online and Social Media Presence

ParkeBank Company Life and Culture

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