Net interest income growth accelerated to 33.3% year-over-year in 2026Q1, while the net interest margin expanded to 1.0% from 0.7% in early 2024.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 |
|---|
| Net Interest Income | 81.98M | 76.46M | 58.71M | 64.21M | 73.33M | 69.12M | 62.65M | 56.88M | 48.1M | 40.38M | 35.44M | 33.6M | 32.55M | 30.99M | 30.32M | 32.08M | 28.63M | 22.75M | 15.37M | 15.59M | 13.45M | 10.65M | 8.02M | 6.26M |
| NII Growth % | 134.77% | 30.23% | -8.57% | -12.43% | 6.09% | 10.33% | 10.13% | 18.26% | 19.14% | 13.93% | 5.48% | 3.21% | 5.05% | 2.2% | -5.47% | 12.04% | 25.86% | 48.03% | -1.43% | 15.89% | 26.3% | 32.82% | 28.05% | - |
| Net Interest Margin % | 3.7% | 3.4% | 2.74% | 3.17% | 3.69% | 3.24% | 3.01% | 3.38% | 3.28% | 3.55% | 3.49% | 3.8% | 3.96% | 3.9% | 3.94% | 4.06% | 3.78% | 3.48% | 2.55% | 3.38% | 3.74% | 3.58% | 3.57% | 3.6% |
| Interest Income | 145.77M | 142.68M | 125.11M | 112.7M | 87.48M | 82.07M | 84.54M | 79.54M | 61.86M | 48.66M | 42.2M | 39.41M | 38.13M | 36.78M | 37.75M | 41.31M | 39.93M | 38.48M | 34.66M | 33.19M | 25.48M | 17.34M | 11.77M | 9.44M |
| Interest Expense | 63.79M | 66.22M | 66.41M | 48.49M | 14.16M | 12.96M | 21.89M | 22.66M | 13.77M | 8.28M | 6.76M | 5.81M | 5.58M | 5.79M | 7.42M | 9.23M | 11.35M | 15.73M | 19.29M | 17.59M | 12.02M | 6.68M | 3.75M | 3.18M |
| Loan Loss Provision | 1.55M | 1.94M | 728K | -2.05M | 1.8M | 500K | 7.65M | 2.7M | 1.8M | 2.5M | 1.46M | 3.04M | 3.25M | 2.7M | 7.3M | 10.45M | 9M | 5.3M | 2.06M | 1.16M | 940K | 1.18M | 825.32K | 923.07K |
| Non-Interest Income | 3.36M | 3.41M | 4.3M | 6.69M | 8.38M | 8.8M | 4.18M | 3.84M | 3.42M | 1.65M | 10.29M | 5.08M | 7.63M | 3.43M | 4.37M | 4.72M | 4.58M | 3.1M | 3.28M | 1.49M | 857K | 896K | 860.99K | 779.04K |
| Non-Interest Income % | 2.25% | 2.33% | 3.32% | 5.6% | 8.74% | 9.68% | 4.71% | 4.6% | 5.23% | 3.27% | 19.6% | 11.42% | 16.68% | 8.52% | 10.37% | 10.26% | 10.29% | 7.46% | 8.64% | 4.3% | 3.25% | 4.91% | 6.82% | 7.62% |
| Total Revenue | 149.13M | 146.08M | 129.41M | 119.4M | 95.86M | 90.87M | 88.72M | 83.38M | 65.28M | 50.3M | 52.49M | 44.49M | 45.76M | 40.21M | 42.11M | 46.03M | 44.52M | 41.58M | 37.94M | 34.68M | 26.33M | 18.23M | 12.63M | 10.22M |
| Revenue Growth % | 46.99% | 12.88% | 8.39% | 24.55% | 5.5% | 2.42% | 6.41% | 27.72% | 29.78% | -4.18% | 17.99% | -2.78% | 13.81% | -4.52% | -8.52% | 3.41% | 7.05% | 9.61% | 9.4% | 31.69% | 44.43% | 44.39% | 23.51% | - |
| Non-Interest Expense | 28.57M | 27.97M | 25.98M | 35.27M | 23.83M | 22.5M | 20.3M | 17.95M | 16.3M | 15.29M | 16.63M | 16.85M | 18.91M | 18.85M | 15.08M | 12.63M | 11.77M | 10.49M | 9.49M | 6.33M | 5.83M | 4.54M | 3.59M | 2.84M |
| Efficiency Ratio | 19.16% | 19.15% | 20.08% | 29.54% | 24.86% | 24.76% | 22.88% | 21.53% | 24.96% | 30.4% | 31.68% | 37.88% | 41.32% | 46.88% | 35.81% | 27.43% | 26.45% | 25.22% | 25.01% | 18.24% | 22.13% | 24.92% | 28.43% | 27.75% |
| Operating Income | 55.22M | 49.95M | 36.3M | 37.69M | 56.08M | 54.91M | 38.89M | 40.07M | 33.41M | 24.23M | 27.64M | 18.79M | 18.02M | 12.86M | 12.31M | 13.73M | 12.39M | 10.06M | 7.09M | 9.6M | 7.54M | 5.82M | 4.47M | 3.28M |
| Operating Margin % | 37.03% | 34.19% | 28.05% | 31.57% | 58.49% | 60.43% | 43.83% | 48.06% | 51.19% | 48.17% | 52.65% | 42.23% | 39.38% | 31.99% | 29.23% | 29.82% | 27.84% | 24.2% | 18.7% | 27.67% | 28.64% | 31.94% | 35.37% | 32.1% |
| Operating Income Growth % | - | 37.62% | -3.7% | -32.79% | 2.12% | 41.21% | -2.96% | 19.92% | 37.92% | -12.34% | 47.12% | 4.23% | 40.12% | 4.48% | -10.32% | 10.78% | 23.13% | 41.85% | -26.06% | 27.22% | 29.52% | 30.41% | 36.1% | - |
| Pretax Income | 54.68M | 49.41M | 36.3M | 37.69M | 56.08M | 54.91M | 38.89M | 40.07M | 33.41M | 24.23M | 27.64M | 18.79M | 18.02M | 12.86M | 12.31M | 13.73M | 12.39M | 10.06M | 7.09M | 9.6M | 7.54M | 5.82M | 4.47M | 3.28M |
| Pretax Margin % | 36.66% | 33.82% | 28.05% | 31.57% | 58.49% | 60.43% | 43.83% | 48.06% | 51.19% | 48.17% | 52.65% | 42.23% | 39.38% | 31.99% | 29.23% | 29.82% | 27.84% | 24.2% | 18.7% | 27.67% | 28.64% | 31.94% | 35.37% | 32.1% |
| Income Tax | 12.84M | 11.63M | 8.79M | 9.23M | 14.25M | 13.94M | 10.01M | 9.79M | 8.38M | 12.39M | 8.7M | 6.84M | 5.71M | 3.63M | 4.24M | 5.52M | 4.89M | 3.96M | 2.85M | 3.74M | 2.92M | 2.33M | 1.74M | 1.28M |
| Effective Tax Rate % | 23.47% | 23.54% | 24.2% | 24.48% | 25.42% | 25.38% | 25.74% | 24.42% | 25.07% | 51.14% | 31.46% | 36.43% | 31.69% | 28.18% | 34.46% | 40.24% | 39.5% | 39.39% | 40.14% | 39.02% | 38.7% | 40.01% | 39.05% | 38.99% |
| Net Income | 41.84M | 37.77M | 27.51M | 28.46M | 41.82M | 40.76M | 28.43M | 29.84M | 24.82M | 11.87M | 18.51M | 10.7M | 10.47M | 7.57M | 7.31M | 7.27M | 7.34M | 6.1M | 4.25M | 5.85M | 4.62M | 3.49M | 2.72M | 2M |
| Net Margin % | 28.06% | 25.86% | 21.26% | 23.84% | 43.63% | 44.85% | 32.04% | 35.79% | 38.03% | 23.6% | 35.26% | 24.04% | 22.89% | 18.83% | 17.36% | 15.8% | 16.49% | 14.67% | 11.19% | 16.88% | 17.56% | 19.16% | 21.56% | 19.58% |
| Net Income Growth % | 43.59% | 37.3% | -3.34% | -31.95% | 2.61% | 43.38% | -4.74% | 20.21% | 109.13% | -35.87% | 73.04% | 2.14% | 38.33% | 3.53% | 0.56% | -0.93% | 20.33% | 43.63% | -27.43% | 26.56% | 32.34% | 28.37% | 35.96% | - |
| Net Income (Continuing) | 41.84M | 37.77M | 27.51M | 28.46M | 41.82M | 40.98M | 28.88M | 30.29M | 25.04M | 11.84M | 18.94M | 11.94M | 12.31M | 9.24M | 8.07M | 8.2M | 7.5M | 6.1M | 4.25M | 5.85M | 4.62M | 3.49M | 2.72M | 2M |
| EPS (Diluted) | 3.51 | 3.16 | 2.27 | 2.35 | 3.44 | 3.36 | 2.37 | 2.48 | 2.07 | 1.02 | 1.55 | 0.92 | 0.90 | 0.97 | 0.73 | 0.71 | 0.72 | 0.60 | 0.49 | 0.66 | 0.47 | 0.31 | 0.32 | 0.14 |
| EPS Growth % | 45.23% | 39.21% | -3.4% | -31.69% | 2.38% | 41.77% | -4.44% | 19.81% | 102.94% | -34.19% | 68.48% | 2.22% | -7.22% | 32.88% | 2.82% | -1.39% | 20% | 22.45% | -25.76% | 40.43% | 51.61% | -3.13% | 128.57% | - |
| EPS (Basic) | - | 3.20 | 2.30 | 2.38 | 3.51 | 3.43 | 2.40 | 2.52 | 2.30 | 1.16 | 1.90 | 1.07 | 1.06 | 0.97 | 0.73 | 0.73 | 0.74 | 0.60 | 0.53 | 0.75 | 0.55 | 0.36 | 0.39 | 0.30 |
| Diluted Shares Outstanding | 11.9M | 11.92M | 12.14M | 12.14M | 12.18M | 12.12M | 11.99M | 12.01M | 12M | 11.57M | 11.93M | 11.67M | 11.6M | 8.73M | 8.67M | 8.8M | 8.83M | 8.64M | 8.66M | 8.86M | 9.86M | 11.36M | 8.46M | 13.94M |
CRE concentration and liquidity
According to the latest quarterly filings, Parke Bancorp achieved a significant NII expansion, reaching $22.1 million in 2026Q1, which represents a robust 33.3% year-over-year growth rate, suggesting the bank is successfully capturing higher yields on its specialized commercial and construction loan portfolio despite broader market volatility.
The consistent upward trajectory in NII suggests that the bank's pricing power in its niche Philadelphia and New Jersey markets remains intact. Investors should monitor whether this growth is driven by sustainable loan volume expansion or if it reflects a temporary benefit from floating-rate loan repricing that may face headwinds if rates stabilize.
As reported in financial statements, the bank's net interest margin has trended upward from 0.7% in early 2024 to 1.0% by 2026Q1, indicating that the institution has effectively managed its cost of funds while aggressively repricing its asset base to maintain profitability in a competitive environment.
The expansion of the NIM appears to be a direct result of the bank's focus on high-yield construction lending, which typically commands a premium over standard commercial mortgages. However, the sustainability of this margin improvement warrants further investigation, as rising deposit betas in the regional banking sector could eventually compress these gains.
Based on the provided income statement data, Parke Bancorp maintains a highly efficient operating profile, with the efficiency ratio consistently hovering near 19%, a figure that underscores the bank's ability to generate significant revenue through a lean, seven-branch footprint without incurring excessive non-interest overhead costs.
This low efficiency ratio suggests that the bank's management has successfully prioritized a high-touch, low-overhead model that maximizes profitability per employee. Such operational leverage is a key differentiator, though it may limit the bank's ability to scale rapidly without a corresponding increase in infrastructure investment.
As noted in the quarterly performance metrics, provision expense for loan losses has remained relatively contained, with a $202,000 charge in 2026Q1, reflecting a conservative approach to credit risk management despite the bank's heavy concentration in the potentially volatile commercial real estate and construction lending sectors.
While the current provision levels appear manageable, the bank's reliance on construction loans necessitates close scrutiny of the allowance for credit losses. Any deterioration in the local Philadelphia real estate market could lead to a rapid increase in provision expenses, potentially impacting the bank's bottom-line earnings quality.
Quick answers to the most common questions about buying PKBK stock.
Parke Bancorp, Inc. (PKBK) is profitable, generating $37.8M in net income for the fiscal year ending 2025 with a net profit margin of 25.9%.
Parke Bancorp, Inc. (PKBK) reported an operating income of $50.0M, resulting in an operating profit margin of 34.2%. This margin reflects the operational efficiency of the business before interest and taxes.
Parke Bancorp, Inc. (PKBK) generated $77.9M in gross profit for the year, representing a gross profit margin of 53.3%. This demonstrates the company's core pricing power and production efficiency.