Earnings ·
Parke Bancorp, Inc. reported second quarter 2026 earnings, with net income available to common shareholders reaching…
PKBKParke Bancorp, Inc.
Parke Bancorp, Inc. reported second quarter 2026 earnings, with net income available to common shareholders reaching $12.2 million for the three months ended June 30, 2026, a 47.8% increase from $8.3 million in the prior year period. Diluted earnings per share rose to $1.03 from $0.69. For the six months ended June 30, 2026, net income grew 50.0% to $24.1 million. Growth was driven by a $5.1 million increase in net interest income for the quarter and a decrease in the provision for credit losses. Total assets stood at $2.30 billion as of June 30, 2026. The company is a financial services provider operating in the banking industry.