Parke Bancorp, Inc. - Understand $pkbk stock

$PKBK Market Cap: $276.9 Million

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Financial Snapshot

Revenue

$91.79M

TTM

Gross Margin

Net Earnings

$28.27M

TTM

Current Assets

Current Liabilities

$7.112M

Q3 2024

Current Ratio

Total Assets

$2.065B

Q3 2024

Total Liabilities

$1.769B

Q3 2024

Book Value

$296.5M

Q3 2024

Cash

$172.4M

Q3 2024

P/E

9.797

Nov 29, 2024 EST

Free Cash Flow

$26.57M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	$112.7M	$87.48M	$82.07M	$84.54M	$79.54M	$61.87M	$48.66M	$42.20M	$39.41M	$38.13M
YoY Change	28.83%	6.59%	-2.92%	6.28%	28.55%	27.17%	15.29%	7.08%	3.35%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$112.7M	$87.48M	$82.07M	$84.54M	$79.54M	$61.87M	$48.66M	$42.20M	$39.41M	$38.13M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$464.0K	$646.0K	$687.0K	$586.0K	$431.0K	$380.0K	$320.0K	$269.0K	$251.0K	$348.0K	$340.0K	$360.0K	$370.0K	$350.0K	$310.0K	$310.0K	$300.0K	$280.0K	$260.0K	$250.0K	$200.0K	$90.00K	$100.0K	$90.00K
YoY Change	-28.17%	-5.97%	17.24%	35.96%	13.42%	18.75%	18.96%	7.17%	-27.87%	2.35%	-5.56%	-2.7%	5.71%	12.9%	0.0%	3.33%	7.14%	7.69%	4.0%	25.0%	122.22%	-10.0%	11.11%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	$48.49M	$14.16M	$12.96M	$21.89M	$22.66M	$13.77M	$8.280M	$6.764M	$5.812M	$5.579M
YoY Change	242.54%	9.26%	-40.82%	-3.36%	64.51%	66.32%	22.41%	16.38%	4.18%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Pretax Income	$37.69M	$56.08M	$54.90M	$38.90M	$40.10M	$33.42M	$24.23M	$27.64M	$18.79M	$18.02M	$12.86M	$12.31M	$13.73M	$12.39M	$10.06M	$7.100M	$9.600M	$7.540M	$5.820M	$4.470M	$3.280M	$1.560M	$740.0K	$400.0K
YoY Change	-32.79%	2.14%	41.13%	-2.99%	20.01%	37.92%	-12.34%	47.12%	4.23%	40.15%	4.47%	-10.34%	10.82%	23.16%	41.69%	-26.04%	27.32%	29.55%	30.2%	36.28%	110.26%	110.81%	85.0%
Income Tax	$9.228M	$14.25M	$13.90M	$10.00M	$9.800M	$8.400M	$12.39M	$8.695M	$6.843M	$5.711M	$3.630M	$4.240M	$5.520M	$4.900M	$3.960M	$2.850M	$3.740M	$2.920M	$2.330M	$1.740M	$1.280M	$620.0K	$300.0K	-$40.00K
% Of Pretax Income	24.48%	25.42%	25.32%	25.71%	24.44%	25.14%	51.14%	31.46%	36.43%	31.69%	28.23%	34.44%	40.2%	39.55%	39.36%	40.14%	38.96%	38.73%	40.03%	38.93%	39.02%	39.74%	40.54%	-10.0%
Net Earnings	$28.44M	$41.80M	$40.76M	$28.43M	$29.84M	$24.82M	$11.87M	$18.51M	$10.70M	$10.47M	$7.570M	$7.310M	$7.270M	$7.340M	$6.100M	$4.250M	$5.850M	$4.620M	$3.490M	$2.720M	$2.000M	$940.0K	$440.0K	$440.0K
YoY Change	-31.96%	2.54%	43.38%	-4.74%	20.21%	109.13%	-35.87%	73.04%	2.14%	38.35%	3.56%	0.55%	-0.95%	20.33%	43.53%	-27.35%	26.62%	32.38%	28.31%	36.0%	112.77%	113.64%	0.0%
Net Earnings / Revenue	25.23%	47.78%	49.66%	33.63%	37.52%	40.12%	24.4%	43.86%	27.14%	27.47%
Basic Earnings Per Share	$2.38	$3.51	$3.43	$2.40	$2.52	$2.30	$1.28	$2.31	$1.30	$1.55
Diluted Earnings Per Share	$2.34	$3.433M	$3.36	$2.37	$2.48	$2.07	$1.13	$1.92	$1.12	$1.32	$867.1K	$927.7K	$908.8K	$914.1K	$776.1K	$540.0K	$728.5K	$566.2K	$513.2K	$389.1K	$344.8K	$262.6K	$134.6K	$134.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$5.579M	$5.958M	$8.300M	$9.000M	$9.500M	$6.800M	$7.000M	$5.200M	$4.600M	$4.500M	$3.900M	$4.000M	$4.100M	$4.300M	$2.900M	$3.000M	$3.200M	$3.400M	$3.100M	$3.200M	$3.200M	$2.600M	$600.0K	$600.0K
YoY Change	-6.36%	-28.22%	-7.78%	-5.26%	39.71%	-2.86%	34.62%	13.04%	2.22%	15.38%	-2.5%	-2.44%	-4.65%	48.28%	-3.33%	-6.25%	-5.88%	9.68%	-3.13%	0.0%	23.08%	333.33%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$9.262M	$9.184M	$7.600M	$8.600M	$6.300M	$6.500M	$6.400M	$10.70M	$10.90M	$10.50M	$12.30M	$4.700M	$10.60M
YoY Change	0.85%	20.84%	-11.63%	36.51%	-3.08%	1.56%	-40.19%	-1.83%	3.81%	-14.63%	161.7%	-55.66%
Total Long-Term Assets
YoY Change
Total Assets	$2.024B	$1.985B	$2.136B	$2.078B	$1.681B	$1.467B	$1.138B	$1.016B	$885.1M	$821.7M	$794.9M	$770.5M	$790.7M	$756.9M	$654.2M	$602.0M	$460.8M	$360.0M	$297.8M	$224.3M	$174.0M	$130.9M	$82.00M	$51.30M
YoY Change
Accounts Payable	$4.146M	$2.664M	$1.600M	$2.300M	$2.300M	$1.400M	$700.0K	$700.0K	$500.0K	$400.0K	$400.0K	$500.0K	$600.0K	$800.0K	$800.0K	$1.600M	$2.000M	$1.800M	$2.600M	$1.500M	$1.200M	$800.0K	$1.000M	$400.0K
YoY Change	55.63%	66.5%	-30.43%	0.0%	64.29%	100.0%	0.0%	40.0%	25.0%	0.0%	-20.0%	-16.67%	-25.0%	0.0%	-50.0%	-20.0%	11.11%	-30.77%	73.33%	25.0%	50.0%	-20.0%	150.0%
Accrued Expenses	$2.455M	$2.656M	$2.100M	$2.300M	$2.500M
YoY Change	-7.57%	26.48%	-8.7%	-8.0%
Deferred Revenue
YoY Change
Short-Term Debt												$10.00M	$10.00M	$21.50M	$10.00M	$10.00M	$5.000M	$0.00	$5.100M	$3.100M	$10.30M	$4.900M	$6.800M	$4.100M
YoY Change												0.0%	-53.49%	115.0%	0.0%	100.0%		-100.0%	64.52%	-69.9%	110.2%	-27.94%	65.85%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$6.601M	$5.320M	$3.700M	$4.600M	$4.800M	$1.400M	$700.0K	$700.0K	$500.0K	$400.0K	$400.0K	$500.0K	$600.0K	$800.0K	$800.0K	$1.600M	$2.000M	$1.800M	$2.600M	$1.500M	$1.200M	$800.0K	$1.000M	$400.0K
YoY Change	24.08%	43.78%	-19.57%	-4.17%	242.86%	100.0%	0.0%	40.0%	25.0%	0.0%	-20.0%	-16.67%	-25.0%	0.0%	-50.0%	-20.0%	11.11%	-30.77%	73.33%	25.0%	50.0%	-20.0%	150.0%
Long-Term Debt	$43.11M	$42.92M	$42.70M	$132.6M	$13.40M	$13.40M	$13.40M	$13.40M	$13.40M	$13.40M	$13.40M	$13.40M	$13.40M	$13.40M	$13.40M	$13.40M	$13.40M	$10.30M	$10.30M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	0.44%	0.52%	-67.8%	889.55%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	30.1%	0.0%
Other Long-Term Liabilities	$18.25M	$16.83M	$11.10M	$11.40M	$9.700M	$9.100M	$7.500M	$6.700M	$9.200M	$7.500M	$5.100M	$5.300M	$4.000M	$5.000M	$3.300M	$2.800M	$2.600M	$2.700M
YoY Change	8.42%	51.6%	-2.63%	17.53%	6.59%	21.33%	11.94%	-27.17%	22.67%	47.06%	-3.77%	32.5%	-20.0%	51.52%	17.86%	7.69%	-3.7%
Total Long-Term Liabilities	$61.36M	$59.75M	$53.80M	$144.0M	$23.10M	$22.50M	$20.90M	$20.10M	$22.60M	$20.90M	$18.50M	$18.70M	$17.40M	$18.40M	$16.70M	$16.20M	$16.00M	$13.00M	$10.30M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	2.69%	11.06%	-62.64%	523.38%	2.67%	7.66%	3.98%	-11.06%	8.13%	12.97%	-1.07%	7.47%	-5.43%	10.18%	3.09%	1.25%	23.08%	26.21%
Total Liabilities	$1.739B	$1.719B	$1.904B	$1.877B	$1.504B	$1.314B	$1.003B	$889.1M	$773.1M	$718.8M	$701.2M	$686.8M	$713.5M	$686.2M	$592.2M	$561.7M	$424.4M	$329.3M	$270.6M	$201.5M	$154.0M	$113.3M	$73.40M	$43.10M
YoY Change	1.18%	-9.73%	1.42%	24.86%	14.45%	31.03%	12.78%	15.0%	7.55%	2.51%	2.1%	-3.74%	3.98%	15.87%	5.43%	32.35%	28.88%	21.69%	34.29%	30.84%	35.92%	54.36%	70.3%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	11.95M shares	11.92M shares	11.89M shares	11.85M shares	11.84M shares	10.59M shares	8.424M shares	7.508M shares	7.310M shares	5.991M shares
Diluted Shares Outstanding	12.14M shares	12.18M shares	12.12M shares	11.99M shares	12.01M shares	12.00M shares	10.52M shares	9.622M shares	9.568M shares	7.925M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $276.91 Million

About PARKE BANCORP, INC.

Parke Bancorp, Inc. is a holding company, which engages in the provision of community banking. The company is headquartered in Sewell, New Jersey and currently employs 101 full-time employees. The company went IPO on 2001-09-05. The Company, through its wholly owned subsidiary, provides personal and business financial services to individuals and small to mid-sized businesses. The company offers a range of loan products, deposits services and other financial products through its retail branches and other channels to its customers. Its lending businesses consist of commercial real estate lending, residential real estate lending and construction lending. The company also offers a range of commercial and industry loan, and consumer loan products to its customers. The company funds its lending business primarily with deposits generated through retail deposits and commercial relationships. Its deposit products include checking, savings, money market deposits, time deposits and other traditional deposit services. In addition to traditional products and services, it offers contemporary products and services, such as debit cards, Internet banking, and online bill payment.

Industry: State Commercial Banks Peers: ACNB CORP BayCom Corp BLUE RIDGE BANKSHARES, INC. First Western Financial Inc FVCBankcorp, Inc. ORRSTOWN FINANCIAL SERVICES INC PNC FINANCIAL SERVICES GROUP, INC. UNITY BANCORP INC /NJ/