Weiss Ratings restates Buy for Parke Bancorp stock at USD 32.34 on October 16, 2026
Published on 10/17/2026 at 22:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst rating guides October trading
- Weiss Ratings had restated a Buy rating on September 21, 2026.
- Parke Bancorp is scheduled to report earnings on October 27, 2026.
- Parke Bancorp stock was last at USD 32.34 on October 16, 2026, down 0.86 percent from the prior Nasdaq close.
- Parke Bancorp had a P/E ratio of 8.42 and a market capitalization of USD 380.4 million.
Weiss Ratings had restated a Buy rating on Parke Bancorp stock in a report dated September 21, 2026, as reported by The Stock Observer. After the Nasdaq session on October 16, 2026, the stock was last at USD 32.34 at 4:00 p.m. ET, down 0.86 percent from USD 32.62.
October 27 earnings date
Parke Bancorp is scheduled to report its next earnings on October 27, 2026, according to AltIndex. The date gives the stock a defined near-term calendar event after the company reported second-quarter 2026 diluted earnings per share of USD 1.03.
Stock stays below yearly high
The October 16 session ranged from USD 32.20 to USD 33.12, while volume reached 80,412 shares against an average of 46,243. The 52-week range was USD 20.20 to USD 35.70, leaving the last price 9.41 percent below the high and 60.10 percent above the low. That spread places the stock closer to its yearly peak than its yearly floor, although the latest session still finished below the previous close.
Valuation and banking peers
Parke Bancorp had a market capitalization of USD 380.4 million, a P/E ratio of 8.42 and a dividend yield of 2.00 percent as of October 16, 2026. The valuation metrics provide the clearest counterweight to the share price position, with the next earnings date likely to bring the next company-specific test.
Comparison with peers
Parke Bancorp (Nasdaq, USD): minus 0.86 percent, P/E 8.42, market capitalization USD 380.4 million
First Merchants Corporation (Nasdaq, USD): plus 0.30 percent, P/E 12.65, market capitalization USD 2.5 billion
Northwest Bancshares (Nasdaq, USD): plus 0.27 percent, P/E 14.46, market capitalization USD 2.2 billion
Price and trading position
Parke Bancorp's October 16 quote leaves the stock below its 52-week high while its P/E ratio remains below the two peer readings listed above. The next dated company event is the earnings report scheduled for October 27, 2026.
Parke Bancorp market facts
- Company: Parke Bancorp, Inc.
- ISIN: US7008851062
- Ticker: PKBK
- Primary exchange: Nasdaq
- Price on Nasdaq (as of October 16, 2026, 4:00 p.m. ET): USD 32.34
- Change versus prior Nasdaq close: minus 0.86 percent
- Market capitalization: USD 380.4 million (as of October 16, 2026)
- 52-week range: USD 20.20-35.70 (as of October 16, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Next earnings date: October 27, 2026
Market context: Market report Nasdaq Composite.
