Parke Bancorp Q2 FY26 net income rises 3.4% to $12.2 million; revenue increases 4.1% to $39.3 million vs Q1 FY26 - PKBK News | RalliesParke Bancorp Q2 FY26 net income rises 3.4% to $12.2 million; revenue increases 4.1% to $39.3 million vs Q1 FY26
P
PKBK• Q2 FY26 results and balance sheet update
- 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.
VLO
•
