Parke Bancorp, Inc. Stock News

WASHINGTON TOWNSHIP, N.J. , Sept. 18, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on October 18, 2024, to its stockholders of record as of the close of business on October 4, 2024.

WASHINGTON TOWNSHIP, N.J. , Aug. 2, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced its Board of Directors approved a plan to repurchase up to 5% of the Company's common stock during the next twelve months, unless completed sooner or otherwise extended.

Parke Bancorp has strong earnings with a slight increase in net interest income, despite an increase in loan loss provisions. The bank has a relatively low amount of unrealized losses on securities and a focus on recovering soured loans, especially in the commercial real estate portfolio. Trading at 10 times earnings and a 20% discount to tangible book value per share, Parke Bancorp presents a ...

Highlights: Net Income: $6.5 million for Q2 2024, increased 5.0% over Q1 2024 Revenue: $31.4 million for Q2 2024, increased 8.8% over Q1 2024 Total Assets:  $2.03 billion,  increased 0.2% over December 31, 2023 Total Loans:  $1.81 billion,  increased 1.0% over December 31, 2023 Total Deposits: $1.50 billion,  decreased 3.6% from December 31, 2023 WASHINGTON TOWNSHIP, N.J. , July 19, 2024 /PRNew...

WASHINGTON TOWNSHIP, N.J. , June 20, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on July 19, 2024, to its stockholders of record as of the close of business on July 5, 2024.

Highlights: Net Income: $6.1 million for Q1 2024 Revenue: $30.5 million for Q1 2024 Total Assets:  $2.01 billion,  decreased 0.7% from December 31, 2023 Total Loans:  $1.79 billion,  decreased 0.1% over December 31, 2023 Total Deposits: $1.56 billion,  increased 0.7% from December 31, 2023   WASHINGTON TOWNSHIP, N.J. , April 19, 2024 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "...

WASHINGTON TOWNSHIP, N.J., March 20, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on April 19, 2024, to its stockholders of record as of the close of business on April 5, 2024.

Highlights: Net Income: $8.2 million for Q4 2023 Revenue: $31.8 million for Q4 2023 Total Assets:  $2.02 billion,  increased 1.9% from December 31, 2022 Total Loans:  $1.79 billion,  increased 2.0% from December 31, 2022 Total Deposits: $1.55 billion,  decreased 1.5% from December 31, 2022 WASHINGTON TOWNSHIP, N.J. , Jan. 24, 2024  Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ:...