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Parke Bancorp (Parke Bancorp) Gross-Profit-to-Asset % : 3.39% (As of Dec. 2023)


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What is Parke Bancorp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Parke Bancorp's annualized Gross Profit for the quarter that ended in Dec. 2023 was $67.98 Mil. Parke Bancorp's average Total Assets over the quarter that ended in Dec. 2023 was $2,003.59 Mil. Therefore, Parke Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.39%.


Parke Bancorp Gross-Profit-to-Asset % Historical Data

The historical data trend for Parke Bancorp's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Parke Bancorp Gross-Profit-to-Asset % Chart

Parke Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 3.56 3.70 3.97 3.54

Parke Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.83 3.54 3.53 3.39 3.00

Competitive Comparison of Parke Bancorp's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Parke Bancorp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Parke Bancorp's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Parke Bancorp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Parke Bancorp's Gross-Profit-to-Asset % falls into.



Parke Bancorp Gross-Profit-to-Asset % Calculation

Parke Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=70.906/( (1984.915+2023.5)/ 2 )
=70.906/2004.2075
=3.54 %

Parke Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=67.976/( (1983.672+2023.5)/ 2 )
=67.976/2003.586
=3.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Parke Bancorp Gross-Profit-to-Asset % Related Terms

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Parke Bancorp (Parke Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
601 Delsea Drive, Washington Township, NJ, USA, 08080
Parke Bancorp Inc operates as a commercial bank providing personal and financial services to individuals and small to mid-sized businesses in various states of the USA. The bank offers services such as loan products, deposit services, and other financial products through its retail branches and other channels to its customers. Its lending businesses are commercial real estate lending, residential real estate lending, and construction lending among others. The Company operates one reportable segment of business, community banking.
Executives
Jeffrey H Kripitz director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Vito S Pantilione director, officer: President 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Nicholas J Pantilione officer: SVP & Chief Lending Officer 601 DELSEA DRIVE, SEWELL NJ 08080
Ralph Martin Gallo officer: Executive VP/COO 601 DELSEA DRIVE, SEWELL NJ 08080
Arret F Dobson director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Daniel J Dalton director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Celestino R Pennoni director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Paul E Palmieri officer: SVP & Chief Credit Officer 601 DELSEA DRIVE, SEWELL NJ 08080
Edward Infantolino director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Sheppard Jack C Jr director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
John S Kaufman officer: SVP and CFO 1902 LONG HILL ROAD, MILLINGTON NJ 07946
John F Hawkins officer: CFO/SVP 601 DELSEA DRIVE, SEWELL NJ 08080
Anthony J Jannetti director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Elizabeth A Milavsky officer: Chief Operating Officer/EVP 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Fred G Choate director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080

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