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 Metrics

ParkeBank Financial Metrics

Revenue (2016)

$52.5 m

Revenue growth (2015-16), %

33%

Gross profit

$45.7 m

Gross profit margin (2016), %

87%

Net income (2016)

$18.9 m

Market capitalization (28-Apr-2017)

$163.9 m

Closing share price (28-Apr-2017)

$23.7

Cash (31-Dec-2016)

$70.7 m
ParkeBank's current market capitalization is $163.9 m.
ParkeBank's revenue was reported to be $52.5 m in 2016
FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$36.8 m$38.1 m$39.4 m$52.5 m

Revenue growth, %

4%3%33%

Cost of goods sold

$5.8 m$6.8 m

Gross profit

$33.6 m$45.7 m

Gross profit Margin, %

85%87%

Operating expense total

$16.9 m$16.6 m

EBIT

$30.6 m$34 m

EBIT margin, %

78%65%

Pre tax profit

$18.8 m$27.6 m

Income tax expense

$6.8 m$8.7 m

Net Income

$7.8 m$12.3 m$11.9 m$18.9 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$45.7 m$36.2 m$27.4 m$70.7 m

Accounts Receivable

$2.7 m$2.8 m$3 m$3.1 m

Inventories

PP&E

$3.9 m$4.5 m$4.6 m$5.2 m

Total Assets

$794.9 m$821.7 m$885.1 m$1 b

Accounts Payable

$423 k$445 k$494 k$655 k

Additional Paid-in Capital

$51.2 m$51.3 m$54 m$62.3 m

Retained Earnings

$24.3 m$33 m$40.6 m$47.5 m

Total Equity

$92.6 m$103.1 m$112.2 m$127.1 m

Financial Leverage

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

Net Income

$7.8 m$12.3 m$11.9 m$18.9 m

Depreciation and Amortization

$337 k$348 k$251 k$270 k

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$5.6 m$26.5 m$5.1 m$12.7 m

Cash From Investing Activities

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

Cash From Financing Activities

$15.1 m$11.8 m$50.6 m$114.9 m

Income Taxes Paid

$4.8 m$5.3 m$6.5 m$10 m

ParkeBank Market Value History

ParkeBank Online Presence

ParkeBank Company Life

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