Parke Bancorp Remains A Great Prospect

2025-12-13 23:04:48 ET

Well over a year ago now, in late October of 2024, I made the decision to reaffirm my ‘buy’ rating on Parke Bancorp ( PKBK ). This decision was after the stock had already experienced some upside, and came about in spite of the fact that certain profitability metrics for the business had worsened. The good news, however, was that loans and deposits were on the rise and shares looked cheap relative to earnings and book value. Since then, things have gone okay, but not great. You see, whenever I rate a company a ‘buy’, I expect shares to outperform the market for the foreseeable future. But since then, the stock has risen only 17% compared to the 20.1% rise that the S&P 500 has enjoyed....

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