Parke Bancorp Inc (PKBK) Earnings Report, Financial Results, Financial analysis

Parke Bancorp Inc reported in IV. Quarter net earnings per share of $0.86 an increase by 3.17 % year on year from $0.83 and decline of -1.65 % from $0.87 earned in III. Quarter (Sep 30 2022).

*IV. Quarter*
Earnings Per Share	Revenues
$ 0.86	$ 20 Mill
$+0.03 +3.17 %	$+1M +4.48 %

Parke Bancorp Inc 's Revenue rose by 4.48 % in IV. Quarter (Dec 31 2022) year on year, to $20 million and declined by -4.11 % sequentially.

Parke Bancorp Inc is Expected to report next financial results on May 08, 2023.

More on PKBK's Income Statement

PKBK's NET INCOME

Parke Bancorp Inc 's net income of $10.454 million in IV. Quarter increased by 3.69 % from net earnings of $10.082 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -0.82 % from net income of $10.540 million realized in previous quarter.

More on PKBK's Growth

Parke Bancorp Inc Inventories
In IV. Quarter company's net cash and cash equivalents decreased by $0 million

Earnings quality

Parke Bancorp Inc payed out dividend of $0.65 per share in last 52 weeks representing 18.90 % of net earning per share in trailing twelve-month period.

During the same period Parke Bancorp Inc earned $ 2.82 cash per share, on a free-cash flow basis 82.06 % of net earning per share.

Book value grew by 3.55 % sequentially to $21.90 per share, 80.06% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 21.86 per share from $ 21.11.

Company repurchased 0.02 million shares or 0.17 % in IV. Quarter.

• More on PKBK's Dividends

Market Capitalization (Millions)	216
Shares Outstanding (Millions)	12
Total Debt (Millions $)	43
Revenue (TTM) (Millions $)	80
Net Income (TTM) (Millions $)	42
Cash Flow (TTM) (Millions $)	-403
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0.65 $
Dividend Yield TTM (%)	3.66 %
Employees (TTM) $	65

Earnings quality

Parke Bancorp Inc payed out dividend of $0.65 per share in the last 52 weeks representing 18.90 % of net earning per share in trailing twelve-month period.

During the same period Parke Bancorp Inc had $ 2.82 cash flow per share, on a free-cash flow basis 82.06 % of net earning per share.

Book value grew by 3.55 % sequentially to $21.90 per share, 80.06% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 21.86 per share from $ 21.11.

Company repurchased 0.02 million shares or 0.17 % in IV. Quarter.

• More on PKBK's Balance Sheets

Market Capitalization (Millions)	216
Shares Outstanding (Millions)	12
Total Debt (Millions $)	43
Revenue (TTM) (Millions $)	80
Net Income (TTM) (Millions $)	42
Cash Flow (TTM) (Millions $)	-403
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0.65 $
Dividend Yield TTM (%)	3.66 %
Employees (TTM) $	65


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Parke Bancorp Inc

PKBK's Financial Statements and Analysis