Parke Bancorp Inc. reports Q3 net income of $10.6 million on revenue of $37.4 million

Reuters

10/23

Parke Bancorp Inc. reports Q3 net income of $10.6 million on revenue of $37.4 million

Parke Bancorp Inc. reported net income available to common shareholders of $10.6 million for the third quarter ended September 30, 2025, up 41.6% from $7.5 million in the same period in 2024. Net interest income increased by 37.0% to $20.2 million, compared to $14.7 million for the third quarter of 2024. Revenue for the third quarter of 2025 was $37.4 million, a 4.2% increase over the previous quarter. Total assets reached $2.17 billion as of September 30, 2025, a 1.4% rise from December 31, 2024. Total loans grew to $1.93 billion, up 4.9% over the same timeframe, while total deposits increased 7.5% to $1.75 billion. The efficiency ratio improved to 35.68% as of September 30, 2025, compared to 41.37% as of September 30, 2024. Non-performing loans totaled $12.4 million as of September 30, 2025, compared to $11.8 million at the end of 2024. Equity stood at $314.8 million, up from $300.1 million as of December 31, 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parke Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH04280) on October 22, 2025, and is solely responsible for the information contained therein.

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Net interest income increased by 37.0% to $20.2 million, compared to $14.7 million for the third quarter of 2024. Revenue for the third quarter of 2025 was $37.4 million, a 4.2% increase over the previous quarter. Total assets reached $2.17 billion as of September 30, 2025, a 1.4% rise from December 31, 2024. Total loans grew to $1.93 billion, up 4.9% over the same timeframe, while total deposits increased 7.5% to $1.75 billion. The efficiency ratio improved to 35.68% as of September 30, 2025, compared to 41.37% as of September 30, 2024. Non-performing loans totaled $12.4 million as of September 30, 2025, compared to $11.8 million at the end of 2024. Equity stood at $314.8 million, up from $300.1 million as of December 31, 2024.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parke Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH04280) on October 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PKBK","symbol_name":"帕克合眾銀行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251022:nNDL7CX6vY:1","article_id":"2577316792","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577316792","pubTimestamp":1761164196,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Parke Bancorp Inc. reported net income available to common shareholders of $10.6 million for the third quarter ended September 30, 2025, up 41.6% from $7.5 million in the same period in 2024. 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Total loans grew to $1.93 billion, up 4.9% over the same timeframe, while total deposits increased 7.5% to $1.75 billion. The efficiency ratio improved to 35.68% as of September 30, 2025, compared to 41.37% as of September 30, 2024. Non-performing loans totaled $12.4 million as of September 30, 2025, compared to $11.8 million at the end of 2024. Equity stood at $314.8 million, up from $300.1 million as of December 31, 2024.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parke Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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