Welcome to our dedicated page for Parke Bancorp news (Ticker: PKBK), a resource for investors and traders seeking the latest updates and insights on Parke Bancorp stock.
Parke Bancorp, Inc. (NASDAQ: PKBK), the bank holding company for Parke Bank, regularly issues news updates covering its community banking operations, financial performance and capital actions. As a full service commercial bank with a focus on individuals and small-sized businesses in parts of New Jersey and Pennsylvania, its news flow is closely tied to lending activity, deposit trends and regional economic conditions.
Investors and observers following PKBK news will see recurring earnings releases for quarterly and annual periods. These announcements detail net income available to common shareholders, net interest income, non-interest income, non-interest expense, provisions for credit losses, and key balance sheet items such as total assets, loans, deposits, borrowings and equity. The releases also discuss changes in loan portfolio segments, including construction, commercial non-owner occupied, commercial owner occupied, multi-family and residential 1 to 4 family investment loans, as well as asset quality metrics like nonperforming loans, other real estate owned (OREO) and allowance for credit losses.
Parke Bancorp’s news also includes Board decisions on cash dividends, with multiple press releases announcing $0.18 per share dividends and noting the Board’s anticipation of quarterly dividend payments subject to financial condition and regulatory considerations. In addition, the company has announced a stock repurchase program for up to 5% of its outstanding common stock and later an extension of that program, which are reported through press releases and related Form 8-K filings.
Management commentary in these news items often addresses the interest rate environment, market volatility, loan demand and regulatory developments affecting community banks. Readers who want a detailed view of PKBK’s ongoing performance, capital management and risk profile can use this news page to review the company’s official announcements and earnings discussions over time.
Parke Bancorp (NASDAQ:PKBK) reported fourth-quarter and full-year 2025 results for the period ended December 31, 2025. Q4 net income was $11.1 million ($0.93 diluted), up versus Q4 2024, driven by a 39.7% increase in net interest income to $21.8 million. Fiscal 2025 net income was $37.8 million ($3.16 diluted), up 37.3% year-over-year. Total assets rose to $2.25 billion, gross loans to $2.04 billion (+8.9% YoY), and total deposits to $1.80 billion (+7.8% YoY). Provision for credit losses increased to $2.5 million for 2025 and non-interest income declined 20.8% year-over-year.
Parke Bancorp (NASDAQ: PKBK) declared a $0.18 per share cash dividend, payable on January 16, 2026 to shareholders of record at the close of business on January 2, 2026.
The Board said it anticipates paying cash dividends on a quarterly basis going forward, but future payments will depend on the company and bank's financial condition and any legal or regulatory restrictions; dividends may be reduced or eliminated in future periods.
Parke Bancorp (NASDAQ: PKBK) reported third quarter 2025 results with net income of $10.6M for Q3, up 41.6% year-over-year and $26.7M for the nine months, up 32.7% year-over-year. Net interest income rose to $20.2M for Q3 (up 37.0% YoY) and $54.6M for nine months (up 26.8% YoY), driven by higher loan yields and loan growth.
Key balance-sheet items: total assets $2.17B, gross loans $1.96B, total deposits $1.75B. Management highlighted an improved efficiency ratio 35.68% and the repayment of $30.0M subordinated debt.
Parke Bancorp (NASDAQ: PKBK) has declared a quarterly cash dividend of $0.18 per share, payable on October 17, 2025, to stockholders of record as of October 3, 2025.
The company operates through Parke Bank, which maintains branches across New Jersey and Philadelphia, focusing on personal and business financial services in Gloucester, Atlantic, Cape May counties in New Jersey, and Philadelphia area. The bank's deposits are FDIC-insured, and its stock trades on the NASDAQ Capital Market.
Parke Bancorp (NASDAQ:PKBK) reported strong Q2 2025 financial results, with net income of $8.3 million, up 28.3% from Q2 2024. The bank achieved earnings per share of $0.70 basic and $0.69 diluted for Q2 2025.
Key financial metrics include total assets of $2.17 billion (up 1.3% from December 2024), total loans of $1.93 billion (up 3.6%), and total deposits of $1.69 billion (up 3.8%). Net interest income increased by $3.6 million or 24.9% to $17.9 million in Q2 2025.
The bank maintained strong asset quality with nonperforming loans at $11.2 million (0.58% of total loans) and an allowance for credit losses ratio of 1.75%. The efficiency ratio improved to 36.60% from 41.69% year-over-year.
Parke Bancorp (NASDAQ: PKBK) reported strong Q1 2025 financial results with net income of $7.8 million, representing a 26.5% increase from Q1 2024 and 5.12% increase from Q4 2024. Earnings per share reached $0.66 basic and $0.65 diluted.
Key financial metrics include:
- Revenue increased 0.6% to $34.7 million
- Net interest income grew 18.2% to $16.6 million
- Total assets remained stable at $2.14 billion
- Total loans increased 0.8% to $1.88 billion
- Deposits grew 2.2% to $1.67 billion
The bank's efficiency ratio improved to 37.1% from 43.2% in Q1 2024. Asset quality remained strong with nonperforming loans decreasing to $11.1 million, representing 0.59% of total loans. The allowance for credit losses ratio stood at 1.76%.
Parke Bancorp (NASDAQ: PKBK) has declared a quarterly cash dividend of $0.18 per share, payable on April 18, 2025, to stockholders of record as of April 4, 2025. The Board plans to continue quarterly dividends, subject to various factors including the company's and bank's financial condition and regulatory restrictions.
Parke Bank operates through multiple branches across New Jersey, including Northfield, Washington Township, Galloway Township, and Collingswood, as well as two Philadelphia locations. The bank specializes in providing personal and business financial services to small-sized businesses, primarily serving Gloucester, Atlantic and Cape May counties in New Jersey and Philadelphia area in Pennsylvania.
Parke Bancorp (NASDAQ: PKBK) reported Q4 2024 financial results with net income of $7.4 million ($0.62 per basic share), down 9.5% from $8.2 million in Q4 2023. For the full year 2024, net income was $27.5 million ($2.30 per basic share), a 3.3% decrease from 2023.
Key metrics for Q4 2024: Revenue increased 4.4% to $34.5 million, total assets grew 5.9% to $2.14 billion, total loans rose 4.5% to $1.87 billion, and deposits increased 5.0% to $1.63 billion. Net interest income slightly increased by 0.7% to $15.6 million.
Notable challenges included higher provision for credit losses ($0.2 million vs -$0.4 million recovery in Q4 2023), decreased non-interest income (-23.1% to $1.1 million), and increased non-interest expenses (+9.0% to $6.9 million). Nonperforming loans increased to $11.8 million, representing 0.63% of total loans.
Parke Bancorp (NASDAQ: PKBK) has declared a quarterly cash dividend of $0.18 per share, payable on January 17, 2025, to stockholders of record as of January 3, 2025. The Board plans to continue quarterly dividend payments, subject to various factors including the company's and bank's financial condition and regulatory restrictions.
The company operates through multiple branch offices across New Jersey and Philadelphia, focusing on personal and business financial services for individuals and small businesses in Gloucester, Atlantic, Cape May counties in New Jersey, and Philadelphia area. All deposits are FDIC-insured.