earnings
confidence high
sentiment positive
materiality 0.75
Parke Bancorp Q3 net income up 41.6% to $10.6M; EPS $0.89
PARKE BANCORP, INC.
2025-Q3 EPS reported
$2.23
- Net income available to common shareholders $10.6M ($0.89 diluted EPS) vs $7.5M in Q3 2024, up 41.6%.
- Net interest income rose 37% to $20.2M; total assets $2.17B, loans $1.96B (+4.9% from Dec 2024).
- Deposits grew 7.5% to $1.75B; repaid $30M subordinated debt and $75M FHLB borrowings in 2025.
- CEO notes interest rate reduction and government shutdown; efficiency ratio improved to 35.68% from 41.37%.