How to Buy Parke Bancorp Stock
Parke Bancorp Inc
Parke Bancorp, Inc. operates as the bank holding company for Parke Bank that provides personal and business financial services to individuals and small to mid-sized businesses.
Parke Bancorp stock last closed at $17.10, down 0.41% from the previous day, and has decreased 31.27% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.14 percentage points. Parke Bancorp stock is currently +15.07% from its 52-week low of $14.86, and -30.99% from its 52-week high of $24.78.
As of Jun 5, 2023, there are 11.95M PKBK shares outstanding. The market value of PKBK is $204.29M. In the last 24 hours, 20,208 PKBK shares were traded.
How to Buy Parke Bancorp Stock
Wondering how to invest in Parke Bancorp stock? Here's how.
- Choose where to buy Parke Bancorp stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Parke Bancorp stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Evaluate Parke Bancorp stock: The Parke Bancorp ticker symbol is PKBK. Is Parke Bancorp stock a good investment? Should you buy shares of PKBK? How do PKBK's underlying business fundamentals look? Do top analysts think Parke Bancorp is a good buy? Why has PKBK's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PKBK is a good stock to buy).
- Execute your PKBK purchase: Decide if you will purchase PKBK shares at the current market price or use a limit order to buy PKBK stock at a particular price.
- Track your PKBK position: Create a watchlist to important updates regarding your position in Parke Bancorp stock.
Step 1: Choose where to buy Parke Bancorp stock
You will need a brokerage account to access the NASDAQ market and buy PKBK stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you can invest in PKBK today.
How to Open a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal data to start a new trading account.
- Send your info by pressing the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you have filled out your info on the best stock market app, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing funds into your new brokerage account.
Step 4: Evaluate Parke Bancorp stock
Once you have decided on the best place to buy Parke Bancorp stock, it's crucial to evaluate their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Parke Bancorp Numbers
PKBK Fundamentals
WallStreetZen was designed to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on PKBK's stock page.
How is PKBK stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PKBK's true value.
Using relative valuations ratios:
- PKBK may be undervalued based on its P/E ratio of 4.76x, relative to Banks - Regional industry P/E ratio of 19.56x
- PKBK could be undervalued based on its P/B ratio of 0.75x, relative to Banks - Regional industry P/B ratio of 0.89x
- PKBK could be undervalued based on its PEG ratio of 0.31x
You can do more valuation analysis on PKBK's stock here.
A look at PKBK Cashflows and Balance Sheet
Positive Health Checks:
- Total PKBK debt is lower than 5 years ago, relative to shareholder equity.
- PKBK earnings of $57.15M is not enough to cover its interest payments.
- PKBK's operating cash flow of $45.33M allows it to safely service it's debt of $208.12M.
Negative Health Checks:
- PKBK has a relatively high debt to equity ratio of 6.19.
- PKBK profit margin has gone down from 53% to 52.2% in the past year.
PKBK Trading Indicators
Is PKBK Growing Revenue?
Last year, PKBK earnings were $42.83M. During the past 5 year, PKBK's earnings have increased by 20.88% per year. This was faster than the Banks - Regional industry average of 19.71%.
Last year, PKBK revenue was $82.06M. In the last five year, PKBK's revenue has increased by 14.41% per year. This was faster than the Banks - Regional industry average of 6.1%.
You can research PKBK's earnings and revenue performance here.
Latest Insiders Trades at PKBK
Over the past year, executives and large shareholders at PKBK have sold more shares than they have bought.
Vito S. Pantilione, President CEO of PKBK, was the latest PKBK insider to buy. They bought $15,463.00 worth of PKBK shares on May 4, 2023.
Get more info about who owns PKBK stock here.
Can I rely on PKBK as an income stream?
Parke Bancorp pays a dividend of 4.09%, compared to the Banks - Regional industry's average dividend yield of 4.12%. If you owned $1,000 of PKBK stock, you would have been paid $40.94 in the past year.
Parke Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Parke Bancorp dividend yield and history here.
PKBK Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your PKBK purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Click the Open button and eToro will execute your order.
If you want more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Track your PKBK position
Now that you own some shares in PKBK, you'll want to keep up with your stock purchase.
Add PKBK to a watchlist to get notified of the latest news about your PKBK stock.
PKBK Feed
How to Buy Stock in Parke Bancorp
To reiterate, here are the 6 steps for buying Parke Bancorp stock:
- Choose where to buy Parke Bancorp stock
- Open a brokerage account
- Put funds into your brokerage account
- Evaluate Parke Bancorp stock
- Execute your PKBK purchase
- Track your PKBK position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Parke Bancorp, add PKBK to your watchlist by clicking the button below.
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