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BreakingStocks

Parke Bancorp Net Income Rises 14.5% in Q3 2026 Results

First Detected: Oct 21, 2026, 12:38 PM
Last Update: about 2 hours ago
1 update

Event Summary

Parke Bancorp reported a net income of $12.2 million for the third quarter of 2026, a 14.5% increase compared to the previous year. Company revenue grew by 6.1% during the same period, reaching a total of $39.6 million. Furthermore, the year-to-date Net Interest Margin (NIM) improved significantly to 4.15%, up from 3.49% in the corresponding period of 2025.

Timeline

Latest developmentabout 15 hours ago

Parke Bancorp Net Income Rises 14.5% in Q3 2026 Results

The company reported $12.2 million in net income driven by net interest margin expansion to 4.15%, as revenue grew 6.1% to $39.6 million.

Read the full story

Key facts

  • Parke Bancorp reported net income of $12.2 million for Q3 2026, a 14.5% increase compared to the previous year.
  • Company revenue increased by 6.1% to reach $39.6 million during the third quarter of 2026.
  • Net Interest Margin (NIM) improved to 4.15% year-to-date compared to 3.49% for the same period in 2025.