Parkway Acquisition Corp.
PKKW
Other OTC9.90
USD
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Parkway Acquisition Corp.
PKKW
(Other OTC)
Recent
price
9.90
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Parkway Acquisition Corp. is a financial holding company specializing in banking and financial services through its subsidiary operations. It provides comprehensive commercial banking products including commercial loans, consumer loans, deposit products, and treasury management services. The company operates primarily in the United States, with a focus on serving small to mid-sized businesses and retail customers. Headquartered in Philadelphia and founded in the early 2010s, Parkway Acquisition Corp. also partners strategically with banking institutions such as Skyline National Bank to expand its service offerings and market reach. In the past two years, Parkway Acquisition Corp. has engaged in significant strategic partnerships and operational expansions. Notably, it has partnered with Skyline National Bank, supporting the growth and enhancement of community banking services. The company has fortified its asset base and financial services portfolio, reflected in recent acquisitions within the banking sector. These moves align with a broader strategy to increase footprint and capabilities amidst evolving financial markets. Parkway Acquisition Corp. continues focusing on delivering robust banking products and expanding its consumer and commercial client base across its regional operations. Parkway Acquisition Corp. primarily targets commercial banking, consumer lending, and deposit products sectors. Its offerings include business loans, lines of credit, mortgage lending, checking and savings accounts, and cash management solutions tailored to business needs. The company emphasizes personalized banking solutions facilitated through a network of branch offices and digital platforms, serving a diverse clientele ranging from individual consumers to corporate customers across its operational regions. Recent operational initiatives reflect a commitment to advanced banking technology and customer service excellence. The company operates as a publicly-traded entity under the ticker PKKW and is active in mergers and acquisitions to complement its organic growth. Its strategic repositioning includes enhancing banking service delivery channels and geographic market expansion with an emphasis on the Mid-Atlantic region. Parkway Acquisition Corp. also collaborates with community banks and financial institutions to broaden its service infrastructure and product portfolio, positioning it competitively within the banking industry landscape. Overall, Parkway Acquisition Corp. stands as a diversified banking holding company providing a wide range of financial products and services, with a strategy focused on robust growth through partnerships, acquisitions, and technology-enabled banking solutions. It maintains a dedicated approach to serving small and medium enterprises as well as retail banking customers across the United States. The company continues to adapt to market changes, improving its offerings and operational footprint to drive long-term shareholder value and client satisfaction.
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