STOCK TITAN

Parke Bancorp sets July 3 record date for $0.18 dividend

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Parke Bancorp, Inc. (NASDAQ: PKBK) filed a Form 8-K to report a shareholder return action under Item 8.01 – Other Events. The Board of Directors declared a cash dividend of $0.18 per share, with a record date of July 3, 2025 and a payment date of July 18, 2025. The company disclosed no additional financial data, operational updates, or strategic transactions in this filing. A corresponding press release dated June 20, 2025 is included as Exhibit 99.1. No other material events or changes were reported.

Positive

  • Continued cash dividend of $0.18 per share reflects ongoing commitment to shareholder returns.

Negative

  • None.

Insights

TL;DR: PKBK maintains shareholder payouts, declaring a $0.18 dividend; signals earnings stability, minimally market-moving.

The declaration of a $0.18 per-share cash dividend indicates Parke Bancorp’s confidence in ongoing cash generation and capital adequacy. While the amount appears routine, it confirms the bank’s commitment to regular distributions. The absence of other material disclosures suggests no immediate operational or regulatory concerns affecting payout capacity. For income-focused investors, this supports a stable yield profile; however, without comparative data on payout ratio or prior dividends, the broader impact on valuation remains limited.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

FORM 8-K

 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported) June 17, 2025
 

PARKE BANCORP, INC.
(Exact name of registrant as specified in its charter)

 
New Jersey
0-51338
65-1241959
(State or other
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
     
 
601 Delsea Drive, Washington Township, New Jersey
08080
(Address of principal executive offices)
 (Zip Code)
 
Registrant’s telephone number, including area code: (856) 256-2500
 
Not Applicable
(Former name or former address, if changed since last report)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of Each Class
 
Trading Symbol(s)
 
Name of Each Exchange on Which Registered
Common Stock, Par Value $0.10 per share
 
 PKBK
 
The Nasdaq Stock Market, LLC
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 


 
 

 
PARKE BANCORP, INC.
INFORMATION TO BE INCLUDED IN THE REPORT
 
Section 8 - Other Events
 
Item 8.01      Other Events.
 
On June 17, 2025, Parke Bancorp, Inc. (the “Company”) announced the declaration of a cash dividend of $0.18 per share, payable on July 18, 2025, to shareholders of record as of the close of business on July 3, 2025. For further information, reference is made to the Company’s press release dated June 20, 2025, which is filed herewith as Exhibit 99.1, and incorporated by reference herein.
 
Section 9 - Financial Statements and Exhibits
 
Item 9.01      Exhibits.
 
Exhibit No.
Description
   
99.1
Press Release dated June 20, 2025
   
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
      PARKE BANCORP, INC.
       
Date: June 20, 2025
By
/s/ Jonathan D. Hill
   
Jonathan D. Hill
   
Senior Vice President and Chief Financial Officer
   
(Duly Authorized Representative)
 

 
 

FAQ

What dividend did Parke Bancorp (PKBK) declare in its June 2025 8-K?

The Board declared a $0.18 per-share cash dividend.

When is the PKBK dividend record date?

Shareholders must be on record by July 3, 2025 to receive the dividend.

When will Parke Bancorp pay the dividend?

The dividend will be paid on July 18, 2025.

Where can I find additional details about the dividend announcement?

See Exhibit 99.1, Parke Bancorp’s press release dated June 20, 2025, incorporated in the 8-K.

Did the 8-K report any other material events besides the dividend?

No, the filing only covers the dividend declaration; no other events were disclosed.
Parke Bancorp Inc

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