Parke Bancorp Q2 FY26 net income rises 3.4% to $12.2 million; revenue increases 4.1% to $39.3 million vs Q1 FY26

Reuters2026/07/22 12:32

By:Reuters

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Parke Bancorp posted Q2 2026 net income of $12.2 million, up 3.4% from Q1; diluted EPS rose to $1.03 from $0.99.
Revenue climbed 4.1% from Q1 to $39.3 million, while net interest margin was flat at 4.17%.
Total assets increased 4.1% from Q1 to $2.3 billion; gross loans edged down 0.2% from Dec. 31 to $2.03 billion.
Nonperforming loans fell 49.8% from Dec. 31 to $5.4 million, while OREO rose to $6.8 million from $2.9 million.
CEO Vito S. Pantilione cited economic volatility and interest-rate uncertainty, while highlighting higher asset yields and lower funding costs.

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: 202607220830PR_NEWS_USPR_____PH09025) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Parke Bancorp Q2 FY26 net income rises 3.4% to $12.2 million; revenue increases 4.1% to $39.3 million vs Q1 FY26

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