PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND

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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.

Positive

• Consistent quarterly dividend payment of $0.18 per share
• Strong geographical presence with multiple branches across New Jersey and Philadelphia

Negative

• Future dividends may be reduced or eliminated based on company's financial condition and regulatory restrictions

WASHINGTON TOWNSHIP, N.J., Sept. 17, 2025 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on October 17, 2025, to its stockholders of record as of the close of business on October 3, 2025.

The Board anticipates paying cash dividends on a quarterly basis, subject to determination and declaration by the Board of Directors, which will take into account a number of factors, including the financial condition of the Company and the Bank, and any applicable legal and regulatory restrictions on the payment of dividends by the Company. If paid, such dividends may be reduced or eliminated in future periods.

Parke Bancorp, Inc. was incorporated in January 2005, while Parke Bank commenced operations in January 1999. Parke Bancorp and Parke Bank maintain their principal offices at 601 Delsea Drive, Washington Township, New Jersey. Parke Bank conducts business through a branch office in Northfield, New Jersey, two branch offices in Washington Township, New Jersey, a branch office in Galloway Township, New Jersey, a branch office in Collingswood, New Jersey, a branch in center city Philadelphia and a branch in Chinatown in Philadelphia. Parke Bank is a full service commercial bank, with an emphasis on providing personal and business financial services to individuals and small-sized businesses primarily in Gloucester, Atlantic and Cape May counties in New Jersey and Philadelphia and surrounding counties in Pennsylvania. Parke Bank's deposits are insured up to the maximum legal amount by the Federal Deposit Insurance Corporation (FDIC). Parke Bancorp's common stock is traded on the NASDAQ Capital Market under the symbol "PKBK".

This release may contain forward-looking statements. Such forward-looking statements are subject to risks and uncertainties which may cause actual results to differ materially from those currently anticipated due to a number of factors; our ability to maintain a strong capital base; our ability to continue to pay a dividend in the future; our ability to enhance shareholder value in the future; our earnings and shareholders' equity; and the possibility of additional corrective actions or limitations on the operations of Parke Bancorp and Parke Bank being imposed by banking regulators, therefore, readers should not place undue reliance on any forward-looking statements. Parke Bancorp, Inc. does not undertake, and specifically disclaims, any obligations to publicly release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such circumstance.

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SOURCE Parke Bancorp, Inc.

FAQ

What is the dividend amount announced by Parke Bancorp (PKBK) for Q4 2025?

Parke Bancorp announced a cash dividend of $0.18 per share, payable on October 17, 2025.

When is the record date for Parke Bancorp's (PKBK) latest dividend?

The record date for the dividend is October 3, 2025.

What regions does Parke Bank primarily serve?

Parke Bank primarily serves Gloucester, Atlantic and Cape May counties in New Jersey, and Philadelphia and surrounding counties in Pennsylvania.

How many branch locations does Parke Bank operate?

Parke Bank operates branches in Northfield, two in Washington Township, Galloway Township, and Collingswood, New Jersey, plus two Philadelphia locations (center city and Chinatown).