Parke Bancorp: One Of The Most Efficient Banks You Will Find

Sep. 04, 2021 12:40 AM ETParke Bancorp, Inc. (PKBK) StockPKBK12 Comments

Summary

  • The stock has moved sideways as interest rates have fallen.
  • Pays you a 3% dividend yield to wait.
  • Deposit growth and solid loan quality.
  • Return metrics expanded significantly and the efficiency ratio is actually one of the best we have seen in the country.
  • Attractive valuation.
  • This idea was discussed in more depth with members of my private investing community, BAD BEAT Investing. Learn More »

Banker discusses banking services to new customer
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Parke Bancorp (NASDAQ:PKBK) is a name that some of our traders invested in nearly a year ago. The stock saw some monster gains along with many other regional banks as interest rates rose into

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PKBK over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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