PKBK Stock Summary and Trading Ideas (Parke Bancorp | NASDAQ:PKBK)

Parke Bancorp Inc operates as a commercial bank providing personal and financial services to individuals and small to mid-sized businesses in various states of the USA. The bank offers services such as loan products, deposit services, and other financial products through its retail branches and other channels to its customers. Its lending businesses are commercial real estate lending, residential real estate lending, and construction lending among others. The Company operates one reportable segment of business, community banking.

Parke Bancorp trades on the NASDAQ stock market under the symbol PKBK.

As of March 4, 2025, PKBK stock price declined to $19.21 with 19,626 million shares trading.

PKBK has a beta of 0.75, meaning it tends to be less sensitive to market movements. PKBK has a correlation of 0.09 to the broad based SPY ETF.

PKBK has a market cap of $228.30 million. This is considered a Small Cap stock.

In the last 3 years, PKBK traded as high as $25.85 and as low as $14.86.

The top ETF exchange traded funds that PKBK belongs to (by Net Assets): IWM, VTI, VXF, IWN, AVUV.

PKBK has outperformed the market in the last year with a price return of +17.6% while the SPY ETF gained +13.9%. However, in the short term, PKBK had mixed performance relative to the market. It has underperformed in the last 3 months, returning -16.1% vs -4.2% return in SPY. But in the last 2 weeks, PKBK shares have fared better than the market returning -2.3% compared to SPY -5.4%.

PKBK support price is $19.14 and resistance is $20.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PKBK shares will trade within this expected range on the day.