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Parke Bancorp - Stock

Parke Bancorp ROA 2024

Parke Bancorp ROA

0.01

Ticker

PKBK

ISIN

US7008851062

WKN

A0ERP7

In 2024, Parke Bancorp's return on assets (ROA) was 0.01, a -33.27% increase from the 0.02 ROA in the previous year.

Parke Bancorp Aktienanalyse

What does Parke Bancorp do?

Parke Bancorp Inc is a US holding company specializing in providing banking and financial services. It was founded in 1999 and is headquartered in Philadelphia, Pennsylvania. The company is listed on the NASDAQ Stock Exchange and has around 150 employees. The history of Parke Bancorp Inc began in 1999 with the founding of ParkeBank. It was acquired by Parke Bancorp Inc the following year and has since been a wholly-owned subsidiary. Since its inception, the company has continuously grown and expanded. In 2001, another branch was opened in Drexel Hill, Pennsylvania. Over the years, ParkeBank has steadily grown and expanded its presence in the Delaware, Montgomery, and Philadelphia County regions. Today, the company has six branches located in these regions. Parke Bancorp Inc primarily focuses on serving small and medium-sized businesses as well as individuals. It offers a wide range of financial services with the aim of providing customized advice and solutions to optimize customers' financial situations. The various divisions of Parke Bancorp Inc include the traditional banking business operated by ParkeBank. This includes deposit accounts, loans, mortgages, and other financial products for both personal and business customers. Parke Bancorp Inc also offers insurance and investment services, as well as asset management services. The company's asset management division assists customers in managing their investment assets and provides tailored solutions for both individual and business needs. Another area of business for Parke Bancorp Inc is providing banking services to the public sector. The company serves as a bank for the City of Philadelphia, as well as various districts and municipalities in the region. This includes providing loans for municipal projects or infrastructure initiatives. Parke Bancorp Inc places great emphasis on personalized customer service and individualized advice. Customers appreciate the flexibility, speed, and personal attention provided by the company. In recent years, the company has received numerous awards for its high standard of customer service and transparency. In summary, Parke Bancorp Inc is a holding company specializing in banking and financial services. The company operates the traditional banking business but also offers investment services and insurance. Its focus lies on providing personalized advice and tailored solutions to customers. With a presence in six branches in the Delaware, Montgomery, and Philadelphia County regions, and a wide range of financial products, Parke Bancorp Inc is a significant player in the US banking sector. Parke Bancorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Parke Bancorp's Return on Assets (ROA)

Parke Bancorp's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Parke Bancorp's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Parke Bancorp's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Parke Bancorp’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Parke Bancorp Stock

What is the Return on Assets (ROA) of Parke Bancorp this year?

The Return on Assets (ROA) of Parke Bancorp is 0.01 undefined this year.

What was the ROA of Parke Bancorp compared to the previous year?

The ROA of Parke Bancorp has increased by -33.27% compared to the previous year.

What consequences do high ROA have for investors of Parke Bancorp?

A high ROA is advantageous for investors of Parke Bancorp, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Parke Bancorp?

A low ROA can be unfavorable for investors of Parke Bancorp as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Parke Bancorp affect the company?

An increase in ROA of Parke Bancorp can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Parke Bancorp impact the company?

A reduction in the ROA of Parke Bancorp can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Parke Bancorp?

Some factors that can influence the ROA of Parke Bancorp include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Parke Bancorp important for investors?

The ROA of Parke Bancorp is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Parke Bancorp take to improve ROA?

To improve ROA, Parke Bancorp can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Parke Bancorp pay?

Over the past 12 months, Parke Bancorp paid a dividend of 0.72 USD . This corresponds to a dividend yield of about 4.14 %. For the coming 12 months, Parke Bancorp is expected to pay a dividend of 0.72 USD.

What is the dividend yield of Parke Bancorp?

The current dividend yield of Parke Bancorp is 4.14 %.

When does Parke Bancorp pay dividends?

Parke Bancorp pays a quarterly dividend. This is distributed in the months of August, October, March, May.

How secure is the dividend of Parke Bancorp?

Parke Bancorp paid dividends every year for the past 11 years.

What is the dividend of Parke Bancorp?

For the upcoming 12 months, dividends amounting to 0.72 USD are expected. This corresponds to a dividend yield of 4.14 %.

In which sector is Parke Bancorp located?

Parke Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Parke Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Parke Bancorp from 4/19/2024 amounting to 0.18 USD, you needed to have the stock in your portfolio before the ex-date on 4/4/2024.

When did Parke Bancorp pay the last dividend?

The last dividend was paid out on 4/19/2024.

What was the dividend of Parke Bancorp in the year 2023?

In the year 2023, Parke Bancorp distributed 0.66 USD as dividends.

In which currency does Parke Bancorp pay out the dividend?

The dividends of Parke Bancorp are distributed in USD.

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Andere Kennzahlen von Parke Bancorp

Our stock analysis for Parke Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Parke Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.