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.

TypePublic
HQSewell, US
Founded1999
Size (employees)67 (est)
Websiteparkebank.com
Parke Bancorp was founded in 1999 and is headquartered in Sewell, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Parke Bancorp Office Locations

Parke Bancorp has an office in Sewell
Sewell, US (HQ)
601 Delsea Drive
Show all (1)
Report incorrect company information

Parke Bancorp Financials and Metrics

Parke Bancorp Revenue

Parke Bancorp's revenue was reported to be $52.49 m in FY, 2016 which is a 33.2% increase from the previous period.
USD

Revenue (Q2, 2018)

29.9 m

Gross profit (Q2, 2018)

24.1 m

Gross profit margin (Q2, 2018), %

80.7%

EBIT (Q2, 2018)

22 m

Market capitalization (20-Sep-2018)

225.3 m

Closing stock price (20-Sep-2018)

23.1

Cash (30-Jun-2018)

110.2 m

EV

128.5 m
Parke Bancorp's current market capitalization is $225.3 m.
Annual
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
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Revenue

10.8 m12 m11.5 m18.9 m10.5 m11.5 m12.4 m14.4 m29.9 m

Cost of goods sold

1.5 m1.5 m1.6 m1.7 m1.7 m1.8 m2 m2.5 m5.8 m

Gross profit

9.3 m10.5 m9.9 m17.2 m8.8 m9.7 m10.4 m11.9 m24.1 m

Gross profit Margin, %

86%87%86%91%84%84%84%83%81%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

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

Accounts Receivable

2.7 m2.8 m3 m3.1 m

Inventories

PP&E

3.9 m4.5 m4.6 m5.2 m7 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

49.4 m22.6 m26.9 m52.6 m52.1 m39.7 m19.5 m46.7 m110.2 m

PP&E

4.5 m4.5 m4.6 m4.8 m5 m5.2 m6.9 m7 m7 m

Total Assets

868.7 m864.7 m926.7 m924.5 m954.6 m1 b1 b1.2 b1.3 b

Accounts Payable

672.7 m655.5 m703 m712.8 m739.9 m787 m790.5 m902.2 m1 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

337 k348 k251 k270 k320 k

Inventories

Accounts Payable

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

Net Income

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

Depreciation and Amortization

253 k86 k175 k266 k79 k157 k239 k78 k154 k181 k69 k144 k91 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 m6.6 m12.3 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)(26.7 m)(84.5 m)
USDY, 2018

EV/EBIT

5.8 x

EV/CFO

10.5 x

Financial Leverage

8.9 x
Show all financial metrics
Report incorrect company information

Parke Bancorp Online and Social Media Presence

Embed Graph
Report incorrect company information

Parke Bancorp Company Life and Culture

Report incorrect company information