Parke Bancorp Inc (PKBK, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Parke Bancorp Inc is a bank holding company. It operates as a commercial bank providing personal and financial services to individuals and small to mid-sized businesses in various states of USA. It provides commercial loan products and retail banking. Parke Bancorp Inc has a market cap of $159.570 million; its shares were traded at around $20.80 with a P/E ratio of 17.64 and P/S ratio of 5.13. The dividend yield of Parke Bancorp Inc stocks is 2.15%. Parke Bancorp Inc had annual average EBITDA growth of 8.30% over the past ten years.
For the last quarter Parke Bancorp Inc reported a revenue of $11.3 million, compared with the revenue of $9.77 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $42.0 million, a decrease of 8.1% from the previous year. For the last five years Parke Bancorp Inc had an average revenue growth rate of 5.2% a year.
The reported diluted earnings per share was $1.24 for the year, a decline of 33.8% from the previous year. Over the last five years Parke Bancorp Inc had an EPS growth rate of 9.4% a year. The Parke Bancorp Inc had a decent operating margin of 57.66%, compared with the operating margin of 60.44% a year before. The 10-year historical median operating margin of Parke Bancorp Inc is 42.54%. The profitability rank of the company is 4 (out of 10).
At the end of the fiscal year, Parke Bancorp Inc has the cash and cash equivalents of $42.1 million, compared with $4.40 million in the previous year. The long term debt was $128.1 million, compared with $93.1 million in the previous year. The interest coverage to the debt is 2.9, which is not a favorable level. Parke Bancorp Inc has a financial strength rank of 4 (out of 10).
At the current stock price of $20.80, Parke Bancorp Inc is traded at 147.6% premium to its historical median P/S valuation band of $8.40. The P/S ratio of the stock is 5.13, while the historical median P/S ratio is 2.06. The stock gained 8.21% during the past 12 months.
Directors and Officers Recent Trades:
- Senior Vice President David O Middlebrook sold 3,000 shares of PKBK stock on 03/12/2018 at the average price of $20.5. The price of the stock has increased by 1.46% since.
- Director Jeffrey H Kripitz sold 5,000 shares of PKBK stock on 03/07/2018 at the average price of $20.9. The price of the stock has decreased by 0.48% since.
- Director Jack C Jr Sheppard sold 7,597 shares of PKBK stock on 02/26/2018 at the average price of $20.07. The price of the stock has increased by 3.64% since.
For the complete 20-year historical financial data of PKBK, click here.
