Parke Bancorp Inc

Parke Bancorp, Inc. is the bank holding company for Parke Bank, which provides personal and business financial services to individuals and small to mid-sized businesses. It accepts deposit products such as checking, savings, money market, time, and other traditional accounts, as well as individual retirement accounts and certificates of deposit. Its loan portfolio includes residential, commercial real estate, construction, commercial and industrial, and consumer loans. The company also offers debit cards, internet banking, and online bill payment services. Parke Bancorp, Inc. was founded in 1999 and is headquartered in Washington Township, New Jersey.

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Parke Bancorp Q2 profit rises to $12.24 million

Parke Bancorp reported second-quarter earnings of $12.24 million, or $1.03 per share, up from $8.28 million, or $0.69 per share, in the same period last year. Revenue rose 9.7% to $39.32 million from $35.84 million a year earlier.

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Parke Bancorp to trade ex-dividend July 2 for $0.20 quarterly payout

Parke Bancorp will trade ex-dividend on July 2, 2026, for its quarterly dividend of $0.20 per share, payable on July 17, 2026. The dividend represents approximately 0.60% of the recent stock price of $33.41, implying shares may open 0.60% lower on the ex-dividend date, all else equal. The current estimated annualized yield is 2.39%. PKBK shares have a 52-week range of $19.7099 to $33.41 and last traded at $33.25.

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