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Stock impact report

PARKE BANCORP, INC. ANNOUNCES THIRD QUARTER 2024 EARNINGS

Parke Bancorp, Inc. (PKBK) 
US:NASDAQ Investor Relations: parkebank.com/about-parke-bank
Company Research Source: PR Newswire
 Highlights:Net Income:$7.5 million for Q3 2024, increased 16.3% over Q2 2024Revenue:$33.0 million for Q3 2024, increased 5.2% over Q2 2024Total Assets:  $2.07 billion,  increased 2.1% over December 31, 2023Total Loans:  $1.84 billion,  increased 2.9% over December 31, 2023Total Deposits: $1.56 billion,  increased 0.4% from December 31, 2023 WASHINGTON TOWNSHIP, N.J., Oct. 18, 2024 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank, announced its operating results for the three and nine months ended September 30, 2024.Highlights for the three and nine months ended September 30, 2024:Net income available to common shareholders was $7.5 million, or $0.63 per basic common share and $0.62 per diluted common share, for the three months ended September 30, 2024, an increase of $6.5 million, or 634.1%, compared to net income available to common shareholders of $1.0 million, or $0.09 per basic common share and $0.08 per di Show less Read more
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