New insider activity at Parke Bancorp ( (PKBK) ) has taken place on August 12, 2025.
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President & CEO Vito Pantilione has made a notable investment by purchasing 1,100 shares of Parke Bancorp stock, valued at $22,979. This move reflects confidence in the company’s future prospects.
Recent Updates on PKBK stock
In the last 24 hours, Parke Bancorp announced an extension of its stock repurchase program, which is part of its strategy to manage capital structure and enhance shareholder value. The program’s extension reflects Parke Bancorp’s commitment to capital management amidst market conditions. Additionally, the company released its Q2 earnings report, showing a 28.3% increase in net income and a 3.4% rise in revenue compared to the previous quarter. This financial performance was driven by a significant increase in net interest income due to higher market interest rates and increased loan portfolio balances, despite a decline in non-interest income. Challenges such as increased provisions for credit losses and loans past due were noted, but the company maintains a focus on asset quality. Market volatility, influenced by geopolitical factors and tariff negotiations, remains a concern, but Parke Bancorp is optimistic about its growth trajectory supported by strong equity and liquidity positions.
Spark’s Take on PKBK Stock
According to Spark, TipRanks’ AI Analyst, PKBK is a Outperform.
Parke Bancorp’s overall stock score of 80.8 is primarily driven by strong financial performance and attractive valuation. The company’s robust revenue growth and effective cash flow management position it well in the regional banking sector. While technical analysis shows mixed signals, the valuation offers significant potential for investors. The extension of the stock repurchase program further supports confidence in the company’s future prospects.
To see Spark’s full report on PKBK stock, click here.
More about Parke Bancorp
YTD Price Performance: 6.17%
Average Trading Volume: 22,134
Technical Sentiment Signal: Strong Buy
Current Market Cap: $250.9M