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Parke Bancorp: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

WASHINGTON TOWNSHIP, N.J. (AP) — WASHINGTON TOWNSHIP, N.J. (AP) — Parke Bancorp Inc. (PKBK) on Friday reported net income of $6.5 million in its second quarter.

The Washington Township, New Jersey-based bank said it had earnings of 53 cents per share.

The holding company for Parke Bank posted revenue of $31.4 million in the period. Its revenue net of interest expense was $15.5 million, which beat Street forecasts.

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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