Parke Bancorp's Q4 net income rises as total loans grow

Reuters
Jan 23
Parke Bancorp's Q4 net income rises as total loans grow

Overview

  • U.S. bank's Q4 net income rose 49.9% yr/yr, driven by higher net interest income

  • Q4 revenue increased 2.3% sequentially, reaching $38.2 mln

  • Total loans grew 8.9% yr/yr to $2.04 bln, boosting financial results

Outlook

  • Parke Bancorp aims to capitalize on emerging opportunities amid market changes

  • Company plans to maintain a nimble balance sheet amid interest rate changes

Result Drivers

  • NET INTEREST INCOME - Increased 39.7% to $21.8 mln in Q4 2025, driven by higher loan balances and interest rates

  • LOAN GROWTH - Total loans grew 8.9% yr/yr to $2.04 bln, driven by increases in CRE non-owner occupied and construction portfolios

  • CREDIT LOSSES - Provision for credit losses rose $0.4 mln in Q4 2025 due to higher loan balances

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Net Income

$11.08 mln

Q4 Net Interest Income

$21.82 mln

Press Release: ID:nPn3G20S2a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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