Parke Bancorp - PKBK Stock Forecast, Price & News

Parke Bancorp's stock was trading at $21.28 at the beginning of 2022. Since then, PKBK stock has increased by 4.1% and is now trading at $22.16.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our PKBK earnings forecast.

Parke Bancorp, Inc. (NASDAQ:PKBK) announced its quarterly earnings data on Wednesday, July, 20th. The bank reported $0.88 earnings per share for the quarter. The bank earned $20.49 million during the quarter. Parke Bancorp had a trailing twelve-month return on equity of 17.51% and a net margin of 46.34%.

Parke Bancorp declared a quarterly dividend on Tuesday, August 30th. Investors of record on Friday, September 9th will be paid a dividend of $0.18 per share on Friday, September 23rd. This represents a $0.72 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Thursday, September 8th. This is a boost from the stock's previous quarterly dividend of $0.16.
Read our dividend analysis for PKBK.

Parke Bancorp (NASDAQ:PKBK) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.89%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.77%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PKBK.

Shares of Parke Bancorp split on Wednesday, April 18th 2018. The 11-10 split was announced on Tuesday, April 17th 2018. The newly issued shares were distributed to shareholders after the closing bell on Tuesday, April 17th 2018. An investor that had 100 shares of stock prior to the split would have 110 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Parke Bancorp investors own include AT&T (T), Dominion Energy (D), Lazard (LAZ), OceanFirst Financial (OCFC), Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), Abbott Laboratories (ABT), Bristol-Myers Squibb (BMY) and Enbridge (ENB).

Parke Bancorp trades on the NASDAQ under the ticker symbol "PKBK."

Parke Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Basswood Capital Management L.L.C. (3.54%), M3F Inc. (3.23%), Pacific Ridge Capital Partners LLC (2.69%), Renaissance Technologies LLC (1.28%), Siena Capital Partners GP LLC (1.22%) and FMR LLC (0.91%). Insiders that own company stock include Arret F Dobson, Celestino R Pennoni, Daniel J Dalton, Edward Infantolino, Jack C Sheppard Jr, Jeffrey H Kripitz, Ralph Martin Gallo and Vito S Pantilione.
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Shares of PKBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PKBK stock can currently be purchased for approximately $22.16.

Parke Bancorp (NASDAQ:PKBK) has a market capitalization of $263.93 million and generates $90.87 million in revenue each year. The bank earns $40.76 million in net income (profit) each year or $3.41 on an earnings per share basis.

Parke Bancorp was founded in 1999.

Parke Bancorp's mailing address is 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ, 08080. The official website for the company is www.parkebank.com. The bank can be reached via phone at (856) 256-2500, via email at investorrelations@parkebank.com, or via fax at 856-256-2590.