PKBK earnings analysis
What we found in PKBK's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Parke Bancorp reported a strong start to fiscal year 2026, with net income reaching $11.8 million, up 52.3% from $7.8 million in Q1 2025. Revenue for the quarter was $22.9 million, reflecting continued growth driven by increased net interest income and a decrease in provisions for credit losses. The company saw notable improvements in EPS, rising to $0.99 from $0.65 a year ago, while its capital base strengthened with total equity increasing to $335.6 million.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Significant Revenue Growth
- Total revenue for Q1 2026 was $22.9 million, up 52.3% from $15.0 million in Q1 2025.
- Strong EPS Performance
- Diluted EPS for Q1 2026 was $0.99, up from $0.65 in the same quarter last year, marking a 52.3% increase.
- Improved Net Interest Income
- Net interest income surged to $22.1 million in Q1 2026, a 33.3% increase compared to $16.6 million in Q1 2025.
- Reduction in Credit Loss Provision
- Provision for credit losses decreased from $0.6 million in Q1 2025 to just $0.2 million in Q1 2026.
- Increase in Total Equity
- Total equity rose to $335.6 million at March 31, 2026, up 3.4% from $324.5 million at December 31, 2025.
- Operational Cash Flow Increase
- Operating cash flow increased to $13.0 million in Q1 2026 from $7.0 million a year ago.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Decreasing Cash Position
- Cash and cash equivalents decreased 29.3% to $110.9 million from $156.9 million at December 31, 2025.
- Declining Deposits
- Total deposits fell by 3.4%, down to $1.70 billion from $1.76 billion at the end of 2025.
- Geopolitical Uncertainty Impact
- Heightened geopolitical tensions may affect operations and financial performance due to economic fluctuations.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.99
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads better than the one before it.
What came before.
- 10-K · March 11, 2026
- Parke Bancorp positions itself as a regional community bank focused on commercial real estate, residential real estate and construction lending in Southern New Jersey, the Philadelphia area and New York, funding…
- 10-Q · November 5, 2025
- Parke Bancorp reported a strong quarter driven by higher net interest income and loan growth: total revenue (net interest income plus noninterest income) was $21,014,000 in Q3 2025 and diluted EPS rose to $0.89. Loans…
- 10-Q · August 6, 2025
- Parke Bancorp reported a stronger quarter with net income of $8.283M and diluted EPS of $0.69 for the three months ended June 30, 2025, driven by higher interest income and loan growth. Net interest income expanded to…
- 10-K · March 12, 2025
- Parke Bancorp (Parke Bank) is a regional bank focused on commercial real estate, residential mortgage and construction lending in southern New Jersey, the Philadelphia area and parts of New York, funding growth…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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