earnings
confidence high
sentiment positive
materiality 0.70
Parke Bancorp Q3 2026 net income $12.2M, up 14.5% YoY; diluted EPS $1.02 on $39.6M revenue
PARKE BANCORP, INC.
- Q3 net income available to common $12.2M, or $1.02 diluted EPS, vs $10.6M ($0.89) a year ago; revenue $39.6M, up 6.1% from Q3 2025.
- Net interest income rose 14.2% to $23.0M; NIM 4.15% YTD vs 3.49% in 2025; efficiency ratio improved to 29.50% from 35.68% at year-end 2025.
- Provision for credit losses $1.0M vs $0.4M a year ago on loan growth; nonperforming loans fell 46.2% to $5.8M (0.28% of loans) from $10.8M at Dec 31, 2025.
- Nine-month net income $36.2M ($3.04 diluted, +35.9%); total assets $2.33B (+3.7%), gross loans $2.10B (+3.0%), deposits $1.78B (+1.0%) vs year-end 2025.
- Non-interest expense fell 5.4% to $6.8M on $1.0M lower professional services (BSA consulting, legal); named to Piper Sandler Sm-All Stars Class of 2026; $6.9M dividends paid YTD.