Parke Bancorp: Q4 Earnings Snapshot
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WASHINGTON TOWNSHIP, N.J. (AP) — WASHINGTON TOWNSHIP, N.J. (AP) — Parke Bancorp Inc. (PKBK) on Friday reported net income of $7.4 million in its fourth quarter.
The Washington Township, New Jersey-based bank said it had earnings of 61 cents per share.
The holding company for Parke Bank posted revenue of $34.5 million in the period. Its revenue net of interest expense was $16.8 million, which beat Street forecasts.
For the year, the company reported profit of $27.5 million, or $2.27 per share. Revenue was reported as $63 million.
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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