STOCK TITAN

Parke Bancorp Inc Stock Price, News & Analysis

PKBK Nasdaq

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 (PKBK), the holding company for Parke Bank, provides essential financial gateway for businesses and individuals through retail banking services and commercial lending solutions. This news hub offers investors and stakeholders timely updates about the institution's strategic developments in community banking.

Access curated press releases and articles covering earnings announcements, regulatory filings, leadership updates, and product innovations. Our repository simplifies tracking of operational milestones including loan portfolio expansions, risk management practices, and digital banking enhancements.

Discover categorized updates on commercial real estate financing trends, deposit product developments, and the bank's community engagement initiatives across New Jersey and Philadelphia markets. Bookmark this page for streamlined monitoring of PKBK's financial health and market positioning within the competitive banking sector.

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
Tags
dividends
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.26%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.31%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
Tags
dividends
-
Rhea-AI Summary

Parke Bancorp, Inc. (PKBK) reported its Q1 2023 financial results with net income of $11.1 million, up $1 million or 10.3% from Q1 2022. Revenue for the quarter was $27.8 million, driven mainly by an increase in interest income, which rose by $6.4 million to $26 million, primarily due to a 27.8% rise in interest and fees on loans.

However, total assets decreased by 1% to $1.96 billion, and total deposits fell 7.1% to $1.46 billion. The company reported an increase in non-interest expense of 19.1% to $6.8 million, while non-interest income decreased 14.1% to $1.8 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
Rhea-AI Summary

Parke Bancorp, Inc. (NASDAQ: PKBK) announced a $0.18 cash dividend per share, payable on April 24, 2023, to stockholders of record by the close of business on April 10, 2023. This dividend represents the company’s ongoing commitment to return value to shareholders and reflects the financial condition of the company. The Board plans to review dividend payments quarterly, considering financial stability and regulatory factors. However, future dividends may face reductions or eliminations depending on these assessments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.51%
Tags
dividends

FAQ

What is the current stock price of Parke Bancorp (PKBK)?

The current stock price of Parke Bancorp (PKBK) is $19.39 as of May 2, 2025.

What is the market cap of Parke Bancorp (PKBK)?

The market cap of Parke Bancorp (PKBK) is approximately 222.0M.
Parke Bancorp Inc

Nasdaq:PKBK

PKBK Rankings

PKBK Stock Data

222.05M
9.79M
19.81%
49.86%
0.3%
Banks - Regional
State Commercial Banks
Link
United States
WASHINGTON TOWNSHIP