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Parke Bancorp: 2Q Earnings Snapshot

July 22, 2019

WASHINGTON TOWNSHIP, N.J. (AP) _ Parke Bancorp Inc. (PKBK) on Monday reported second-quarter earnings of $7.5 million.

The bank, based in Washington Township, New Jersey, said it had earnings of 68 cents per share.

The holding company for Parke Bank posted revenue of $20.6 million in the period. Its revenue net of interest expense was $15.1 million, surpassing Street forecasts.

Parke Bancorp shares have risen 28% since the beginning of the year. In the final minutes of trading on Monday, shares hit $23.96, an increase of almost 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKBK at https://www.zacks.com/ap/PKBK

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