Parke Historical Income Statement

PKBK Stock  USD 18.80  0.02  0.11%   
Historical analysis of Parke Bancorp income statement accounts such as Other Operating Expenses of 66.2 M, Ebit of 0.0, EBITDA of 438.1 K or Total Operating Expenses of 66.2 M can show how well Parke Bancorp performed in making a profits. Evaluating Parke Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Parke Bancorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Parke Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Parke Bancorp is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parke Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.

About Parke Income Statement Analysis

Parke Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Parke Bancorp shareholders. The income statement also shows Parke investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Parke Bancorp Income Statement Chart

At this time, Parke Bancorp's Total Other Income Expense Net is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 50.5 M this year, although the value of EBIT will most likely fall to 0.00.

Total Revenue

Total revenue comprises all receipts Parke Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Parke Bancorp minus its cost of goods sold. It is profit before Parke Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Parke Bancorp income statement and is an important metric when analyzing Parke Bancorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Parke Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Parke Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parke Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.At this time, Parke Bancorp's Total Other Income Expense Net is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 50.5 M this year, although the value of EBIT will most likely fall to 0.00.
 2022 2023 2024 2025 (projected)
Gross Profit81.7M73.0M125.1M131.4M
Total Revenue81.7M73.0M63.0M40.7M

Parke Bancorp income statement Correlations

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0.530.530.830.46-0.430.230.23-0.50.350.530.540.510.520.710.61-0.090.510.490.510.520.650.6
0.350.530.62-0.090.240.490.49-0.74-0.040.960.090.940.870.60.83-0.20.890.690.850.740.770.11
0.880.830.620.59-0.58-0.11-0.11-0.730.680.580.810.590.490.620.74-0.390.650.540.740.830.770.76
0.780.46-0.090.59-0.87-0.67-0.67-0.220.75-0.20.85-0.18-0.250.350.23-0.03-0.11-0.210.050.380.070.79
-0.75-0.430.24-0.58-0.870.730.730.15-0.880.28-0.930.240.33-0.15-0.150.260.150.160.0-0.33-0.13-0.91
-0.510.230.49-0.11-0.670.731.0-0.09-0.690.61-0.630.560.660.180.170.190.460.510.26-0.080.27-0.51
-0.510.230.49-0.11-0.670.731.0-0.09-0.690.61-0.630.570.660.180.170.190.470.510.27-0.080.27-0.5
-0.64-0.5-0.74-0.73-0.220.15-0.09-0.09-0.27-0.76-0.44-0.79-0.57-0.25-0.770.46-0.86-0.65-0.93-0.88-0.89-0.36
0.860.35-0.040.680.75-0.88-0.69-0.69-0.27-0.080.94-0.04-0.150.180.25-0.410.070.020.230.520.250.86
0.280.530.960.58-0.20.280.610.61-0.76-0.080.040.990.910.450.76-0.260.960.790.880.710.820.08
0.930.540.090.810.85-0.93-0.63-0.63-0.440.940.040.08-0.050.310.39-0.40.180.110.340.620.40.92
0.320.510.940.59-0.180.240.560.57-0.79-0.040.990.080.850.390.77-0.320.980.750.90.750.840.11
0.150.520.870.49-0.250.330.660.66-0.57-0.150.91-0.050.850.530.6-0.110.780.870.720.530.65-0.01
0.410.710.60.620.35-0.150.180.18-0.250.180.450.310.390.530.550.080.310.270.310.350.30.3
0.590.610.830.740.23-0.150.170.17-0.770.250.760.390.770.60.55-0.190.740.490.80.860.790.45
-0.4-0.09-0.2-0.39-0.030.260.190.190.46-0.41-0.26-0.4-0.32-0.110.08-0.19-0.4-0.33-0.4-0.42-0.42-0.33
0.410.510.890.65-0.110.150.460.47-0.860.070.960.180.980.780.310.74-0.40.780.950.790.890.17
0.250.490.690.54-0.210.160.510.51-0.650.020.790.110.750.870.270.49-0.330.780.780.530.760.06
0.580.510.850.740.050.00.260.27-0.930.230.880.340.90.720.310.8-0.40.950.780.880.930.26
0.810.520.740.830.38-0.33-0.08-0.08-0.880.520.710.620.750.530.350.86-0.420.790.530.880.810.6
0.540.650.770.770.07-0.130.270.27-0.890.250.820.40.840.650.30.79-0.420.890.760.930.810.38
0.820.60.110.760.79-0.91-0.51-0.5-0.360.860.080.920.11-0.010.30.45-0.330.170.060.260.60.38
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Parke Bancorp Account Relationship Matchups

Parke Bancorp income statement Accounts

202020212022202320242025 (projected)
Interest Expense21.9M13.0M14.2M48.5M66.4M69.7M
Selling General Administrative11.4M10.8M11.9M3.7M14.1M14.8M
Total Revenue66.8M77.9M81.7M73.0M63.0M40.7M
Gross Profit66.8M77.9M81.7M73.0M125.1M131.4M
Other Operating Expenses28.4M(23.2M)(11.5M)18.7M63.0M66.2M
Operating Income38.4M54.7M70.2M37.7M(103.3M)(98.1M)
Ebit47.0M39.6M38.9M54.9M56.3M0.0
Ebitda39.4M55.4M56.7M401K461.2K438.1K
Total Operating Expenses(28.4M)(23.2M)(11.5M)18.7M63.0M66.2M
Income Before Tax38.9M54.9M56.1M37.7M36.3M22.3M
Total Other Income Expense Net(4.4M)(5.4M)(14.2M)37.7M139.6M146.5M
Net Income Applicable To Common Shares29.8M28.4M40.7M41.8M48.1M50.5M
Net Income28.4M40.8M41.8M28.5M27.5M15.3M
Income Tax Expense10.0M13.9M14.3M9.2M8.8M6.8M
Depreciation And Amortization498K496K457K464K571K382.1K
Minority Interest446K1.7M(215K)(8K)(7.2K)(6.8K)
Preferred Stock And Other Adjustments24K29K28K27K24.3K23.1K
Net Income From Continuing Ops28.9M41.0M41.8M30.7M27.5M23.9M
Tax Provision10.0M13.9M14.3M9.5M8.8M11.3M
Net Interest Income62.6M69.1M73.3M67.6M58.7M60.0M
Interest Income84.5M82.1M87.5M107.4M125.1M83.4M
Reconciled Depreciation586K687K646K478K571K563.6K

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When determining whether Parke Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Parke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Parke Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Parke Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parke Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parke Bancorp. If investors know Parke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parke Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Dividend Share
0.72
Earnings Share
2.27
Revenue Per Share
5.21
Quarterly Revenue Growth
(0.05)
The market value of Parke Bancorp is measured differently than its book value, which is the value of Parke that is recorded on the company's balance sheet. Investors also form their own opinion of Parke Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Parke Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parke Bancorp's market value can be influenced by many factors that don't directly affect Parke Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parke Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parke Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parke Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.