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Parke Bancorp: 3Q Earnings Snapshot

WASHINGTON TOWNSHIP, N.J. (AP) _ Parke Bancorp Inc. (PKBK) on Wednesday reported third-quarter earnings of $6.1 million.

The bank, based in Washington Township, New Jersey, said it had earnings of 56 cents per share.

The holding company for Parke Bank posted revenue of $17.1 million in the period. Its revenue net of interest expense was $13.4 million, which beat Street forecasts.

Parke Bancorp shares have risen nearly 3 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $19.20, a fall of 6 percent in the last 12 months.


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