PARKE BANCORP Files 8-K on Financial Condition, Operations
Ticker: PKBK · Form: 8-K · Filed: Jan 24, 2024 · CIK: 1315399
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, results-of-operations
TL;DR
**PKBK just dropped an 8-K on its financials, time to check the numbers!**
AI Summary
PARKE BANCORP, INC. filed an 8-K on January 24, 2024, to report its financial condition and results of operations. This filing indicates that the company is providing an update on its performance, which is crucial for investors to assess its financial health and operational efficiency. For shareholders or potential buyers, this matters because it offers transparency into the company's recent financial activities, helping them make informed decisions about their investment in PKBK.
Why It Matters
This filing provides investors with the latest financial data, enabling them to evaluate PARKE BANCORP's current performance and future prospects. Understanding these results is key to assessing the stock's value and potential for growth or decline.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and operations, not indicating any immediate new risks.
Analyst Insight
A smart investor would review the full financial statements and results of operations once they are released to understand the company's performance trends and make informed investment decisions.
Key Numbers
- $0.10 — Par Value per Share (The par value of PARKE BANCORP, INC.'s Common Stock.)
Key Players & Entities
- PARKE BANCORP, INC. (company) — the registrant filing the 8-K
- New Jersey (company) — state of incorporation for PARKE BANCORP, INC.
- $0.10 (dollar_amount) — par value per share of Common Stock
- The Nasdaq Stock Market, LLC (company) — exchange where PKBK Common Stock is registered
Forward-Looking Statements
- PARKE BANCORP, INC. will likely release detailed financial statements for the period ending December 31, 2023, soon after this 8-K. (PARKE BANCORP, INC.) — high confidence, target: 2024-02-29
FAQ
What is the purpose of PARKE BANCORP, INC.'s 8-K filing dated January 24, 2024?
The 8-K filing by PARKE BANCORP, INC. on January 24, 2024, is to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per Item Information.
What is the trading symbol and exchange for PARKE BANCORP, INC.'s Common Stock?
The trading symbol for PARKE BANCORP, INC.'s Common Stock is PKBK, and it is registered on The Nasdaq Stock Market, LLC.
What is the state of incorporation for PARKE BANCORP, INC.?
PARKE BANCORP, INC. is incorporated in New Jersey.
What is the par value of PARKE BANCORP, INC.'s Common Stock?
The par value of PARKE BANCORP, INC.'s Common Stock is $0.10 per share.
What is the business phone number for PARKE BANCORP, INC.?
The business phone number for PARKE BANCORP, INC. is (856) 256-2500.
Filing Stats: 496 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-01-24 08:31:32
Key Financial Figures
- $0.10 — ich Registered Common Stock, Par Value $0.10 per share PKBK The Nasdaq Stock Market,
Filing Documents
- pkbk-20240124.htm (8-K) — 33KB
- exhibit99pressreleaseq42023.htm (EX-99) — 170KB
- untitleda32.jpg (GRAPHIC) — 5KB
- 0001315399-24-000002.txt ( ) — 348KB
- pkbk-20240124.xsd (EX-101.SCH) — 2KB
- pkbk-20240124_lab.xml (EX-101.LAB) — 23KB
- pkbk-20240124_pre.xml (EX-101.PRE) — 12KB
- pkbk-20240124_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 24, 2024, Parke Bancorp, Inc. issued a press release to report earnings for the quarter and year ended December 31, 2023. A copy of the press release is furnished with this Current Report as Exhibit 99.1 hereto and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended. Section 9 - Financial Statements and Exhibits
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release dated January 24, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. PARKE BANCORP, INC. Date: January 24, 2024 By /s/ Jonathan D. Hill Jonathan D. Hill Senior Vice President and Chief Financial Officer (Duly Authorized Representative)