Parke Bancorp, Inc. (PKBK) To Go Ex-Dividend on July 2nd

Parke Bancorp, Inc. (NASDAQ:PKBK – Get Free Report) announced a quarterly dividend on Thursday, June 18th. Stockholders of record on Friday, July 3rd will be given a dividend of 0.20 per share by the bank on Friday, July 17th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, July 2nd. This is a 11.1% increase from Parke Bancorp’s previous quarterly dividend of $0.18.

Parke Bancorp has increased its dividend by an average of 0.0%annually over the last three years.

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Parke Bancorp Price Performance

Shares of NASDAQ:PKBK opened at $31.86 on Friday. The firm has a market cap of $373.72 million, a PE ratio of 9.10 and a beta of 0.48. The company has a fifty day simple moving average of $30.71 and a 200 day simple moving average of $28.11. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.46. Parke Bancorp has a 12-month low of $18.97 and a 12-month high of $32.44.

Parke Bancorp (NASDAQ:PKBK – Get Free Report) last posted its quarterly earnings data on Friday, April 17th. The bank reported $0.99 EPS for the quarter. The firm had revenue of $22.98 million for the quarter. Parke Bancorp had a net margin of 28.04% and a return on equity of 13.02%.

About Parke Bancorp

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Parke Bancorp, Inc is the bank holding company for Parke Bank, a community-oriented financial institution headquartered in Kittanning, Pennsylvania. The company delivers a full range of retail and commercial banking services to individuals, small businesses and agricultural clients through a network of branches and ATMs, supported by secure online and mobile banking platforms.

Its product lineup includes deposit accounts—such as checking, savings, money market accounts and certificates of deposit—alongside a variety of lending solutions.

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