Parke Bancorp ROE 2024

Parke Bancorp ROE

0.1

Parke Bancorp Dividend yield

4.55 %

Ticker

PKBK

ISIN

US7008851062

WKN

A0ERP7

In 2024, Parke Bancorp's return on equity (ROE) was 0.1, a -36.35% increase from the 0.16 ROE 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.

ROE Details

Decoding Parke Bancorp's Return on Equity (ROE)

Parke Bancorp's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Parke Bancorp's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Parke Bancorp's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Parke Bancorp’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Parke Bancorp Stock

What is the ROE (Return on Equity) of Parke Bancorp this year?

The ROE of Parke Bancorp this year is 0.1 undefined.

How has the Return on Equity (ROE) of Parke Bancorp developed compared to the previous year?

The ROE of Parke Bancorp has increased by -36.35% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Parke Bancorp?

A high ROE indicates that Parke Bancorp generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Parke Bancorp?

A low ROE can indicate that Parke Bancorp is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Parke Bancorp affect the company?

A change in ROE (Return on Equity) of Parke Bancorp can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Parke Bancorp?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Parke Bancorp?

Some factors that can influence Parke Bancorp's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 4.55 %. 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 4.55 %.

When does Parke Bancorp pay dividends?

Parke Bancorp pays a quarterly dividend. This is distributed in the months of August, October, February, 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 4.55 %.

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.