Return On Equity ratio Analysis of Parke Bancorp Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Indecisive ROE
10.01
Period Ending - Dec-22
Good ROE
15.72
Growth
-36.32 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Not Good ROE
8.37
Most recent Quarter ROE
Period Ending - Mar-24
Not Good ROE
2.13
ROE Analysis of Parke Bancorp Inc
| ROE Ratio of PKBK drastically fell by -36.32 % this year. |
| ROE Ratio with value of 17.54 was highest in Year Dec-21 in last Five Years. |
| ROE Ratio with value of 10.01 was lowest in Year Dec-23 in last Five Years. |
| Latest ROE Ratio with value of 10.01 is lower than Average ROE of 14.84 in last five years. |
Other ROE Related Info of PKBK that may interest you.
Parke Bancorp Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| PKBK | 16.23 | 16.01 | 1.37 % | Banks-Regional |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Low Profitability Stock | |
FY - Historical Return On Equity of Parke Bancorp Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 10.01 | 15.72 | 17.54 | 14.15 | 16.80 | 16.17 | 8.81 |
| Change | -36.32 % | -10.38 % | 23.98 % | -15.79 % | 3.93 % | 83.56 % | -39.51 % |
FY Chart of Return On Equity of Parke Bancorp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)