Parke Bancorp Revenue Chart

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$20.6 $0.1 (0.49%) PKBK stock closing price Sep 22, 2017 (Closing)
The latest 2017-Q2 Parke Bancorp revenue is 12.36M. Compare Parke Bancorp revenue chart with Franklin Financials revenue, Middlefield Banc Corp revenue.

PKBK Revenue Chart

Quarterly Annual
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You can do annual as well as quarterly comparisons of Parke Bancorp, Inc. net sales with its competitor companies like Franklin Financials, Middlefield Banc Corp. Over the 5 year period Parke Bancorp revenue in 2016 was highest at 52.49M. In the latest quarter, PKBK revenue 2017-Q2 has changed from 11.49M to 12.36M implying an increase of 7.57%.

Parke Bancorp Quarterly Revenue

* Past 5 years Range

Max PKBK Revenue $20.63M Jun, 2016
Min PKBK Revenue $9.52M Dec, 2013

Parke Bancorp Annual Revenue

* Past 5 years Range

Max PKBK Revenue $52.49M Dec, 2016
Min PKBK Revenue $40.21M Dec, 2013

Parke Bancorp Annual Revenue VS Peers

2016 2015 2014 2013 2012
Parke Bancorp Revenue $52.49M$44.49M$45.76M$40.21M$42.11M
Franklin Financials Revenue $48.58M$47.26M$45.65M$45.91M$48.59M
Middlefield Banc Corp Revenue $33.95M$32.63M$31.46M$31.32M$32.19M
Stewardship Financial Revenue $30.49M$29.1M$27.89M$30.53M$35.09M
Sun Bancorp Revenue $82.99M$97.83M$107.97M$136.76M$144.88M
PNC Financial Services Revenue $16.42B$16.27B$16.28B$16.87B$16.61B
Revenue, Sales, Turnover or net sales basically describes the Dollar value of transactions that result in incomes to a business as a result of business or operating activities during a specific period of time. Most often, this number is reported on a quarterly or annual basis. Since this features right at the top of an income statement, or profit and loss statement, also known as the statement of operations, the line item is also known as the ‘top line’ for a company. Other commonly used phrases include gross income and income from operations under IFRS. When you deduct expenses, costs and overheads, you arrive at the profit figure. For instance, when you net off Parke Bancorp revenue with Parke Bancorp expenses, the figure that you arrive at will be Parke Bancorp profit. This profit is also known as the bottom line due to its proximity to the bottom on the income statement. Growing top line numbers are a sign of financial health. That said, sales cannot be viewed on a standalone basis without considering profits, because ultimately, businesses are run with the aim of making profits after covering costs. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It’s a good exercise to to compare Parke Bancorp revenue with that of its peers. For instance, you can compare Community National Bank topline, with Malvern Bancorp topline, Stewardship Financial topline, etc to assess how the company is doing with respect to its peers.