parke bancorp, inc. operates as the bank holding company for parke bank that provides personal and business financial services to individuals and small to mid-sized businesses. the company offers various deposit products, including checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. its loan portfolio comprises commercial and industrial, construction, commercial and residential real estate mortgage, and consumer loans. in addition, the company provides debit cards, internet banking, and online bill payment services. it operates a branch office in northfield, new jersey; two branch offices in washington township, new jersey; a branch office in galloway township, new jersey; a branch office in collingswood, new jersey; a branch in center city philadelphia; and a branch in chinatown in philadelphia. parke bancorp, inc. was founded in 1999 and is headquartered in washington township, new jersey.
Company profile
Ticker
PKBK
Exchange
Website
CEO
Vito Pantilione
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
PDL LLC ...
PKBK stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
5 Apr 24
8-K
Departure of Directors or Certain Officers
22 Mar 24
DEF 14A
Definitive proxy
22 Mar 24
8-K
Parke Bancorp, Inc. Announces Cash Dividend
20 Mar 24
10-K
2023 FY
Annual report
13 Mar 24
8-K
Parke Bancorp, Inc. Announces Fourth Quarter 2023 Earnings
24 Jan 24
8-K
Parke Bancorp, Inc. Announces Cash Dividend
20 Dec 23
8-K
Departure of Directors or Certain Officers
30 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Departure of Directors or Certain Officers
27 Oct 23
Latest ownership filings
SC 13D/A
Shemer Jacob
25 Mar 24
4
Ralph Martin Gallo
18 Mar 24
SC 13D
Alphabeta AI Multi Strategy, LP
5 Mar 24
4
JEFFREY H KRIPITZ
28 Feb 24
144
Notice of proposed sale of securities
27 Feb 24
144
Notice of proposed sale of securities
26 Feb 24
4
JEFFREY H KRIPITZ
26 Feb 24
144
Notice of proposed sale of securities
23 Feb 24
5
Ralph Bonadies
15 Feb 24
4
Jonathan D. Hill
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 126.74 mm | 126.74 mm | 126.74 mm | 126.74 mm | 126.74 mm | 126.74 mm |
Cash burn (monthly) | 3.59 mm | 5.55 mm | (no burn) | (no burn) | 244.00 k | (no burn) |
Cash used (since last report) | 23.76 mm | 36.78 mm | n/a | n/a | 1.62 mm | n/a |
Cash remaining | 102.98 mm | 89.96 mm | n/a | n/a | 125.12 mm | n/a |
Runway (months of cash) | 28.7 | 16.2 | n/a | n/a | 512.8 | n/a |
Institutional ownership, Q3 2023
43.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 71 |
Opened positions | 5 |
Closed positions | 5 |
Increased positions | 23 |
Reduced positions | 20 |
13F shares | Current |
---|---|
Total value | 71.62 bn |
Total shares | 5.21 mm |
Total puts | 0.00 |
Total calls | 34.60 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 611.74 k | $9.97 bn |
M3F | 554.46 k | $9.03 mm |
Vanguard | 503.49 k | $8.20 bn |
Dimensional Fund Advisors | 418.34 k | $6.81 bn |
Pacific Ridge Capital Partners | 363.32 k | $5.92 bn |
Cutler Capital Management | 306.46 k | $4.99 bn |
Basswood Capital Management, L.L.C. | 214.03 k | $3.49 bn |
Geode Capital Management | 205.21 k | $3.34 bn |
Philadelphia Trust | 162.44 k | $2.65 mm |
PNC PNC Financial Services | 158.68 k | $2.58 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Ralph Martin Gallo | Common Stock | Sell | Dispose S | No | No | 16.73 | 4,500 | 75.29 k | 404 |
15 Mar 24 | Ralph Martin Gallo | Common Stock | Option exercise | Acquire M | No | No | 12.29 | 4,500 | 55.30 k | 4,904 |
15 Mar 24 | Ralph Martin Gallo | Stock Options Right-to-buy Common Stock | Option exercise | Dispose M | No | No | 12.29 | 4,500 | 55.30 k | 9,646 |
27 Feb 24 | Kripitz Jeffrey H | Common Stock | Sell | Dispose S | No | No | 16.5 | 2,372 | 39.14 k | 93,013 |
26 Feb 24 | Kripitz Jeffrey H | Common Stock | Sell | Dispose S | No | No | 16.5 | 4,500 | 74.25 k | 95,385 |
26 Feb 24 | Kripitz Jeffrey H | Common Stock | Sell | Dispose S | No | No | 16.502 | 1,500 | 24.75 k | 99,885 |
23 Feb 24 | Kripitz Jeffrey H | Common Stock | Sell | Dispose S | No | No | 16.408 | 1,628 | 26.71 k | 101,385 |
13 Feb 24 | Pantilione Vito S | Common Stock | Buy | Acquire P | No | No | 15.94 | 1,000 | 15.94 k | 215,760 |
13 Feb 24 | Jonathan D. Hill | Common Stock | Buy | Acquire P | No | No | 16.0281 | 15 | 240.42 | 30 |
13 Feb 24 | Jonathan D. Hill | Common Stock | Buy | Acquire P | No | No | 15.97 | 15 | 239.55 | 15 |