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

Parke Bancorp, Inc. (NASDAQ:PKBK) announced a quarterly dividend on Tuesday, September 22nd. Stockholders of record on Friday, October 2nd will be paid a dividend of 0.20 per share by the bank on Friday, October 16th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, October 2nd.

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

Parke Bancorp Trading Down 1.7%

Shares of PKBK opened at $33.35 on Thursday. The stock has a 50-day moving average price of $34.04 and a 200 day moving average price of $31.68. Parke Bancorp has a one year low of $19.71 and a one year high of $35.70. The company has a market capitalization of $392.23 million, a P/E ratio of 8.68 and a beta of 0.47. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.25 and a current ratio of 1.25.

Parke Bancorp (NASDAQ:PKBK) last released its earnings results on Wednesday, July 22nd. The bank reported $1.03 EPS for the quarter. The company had revenue of $23.89 million during the quarter. Parke Bancorp had a return on equity of 13.88% and a net margin of 29.99%.

About Parke Bancorp

Parke Bancorp, Inc is the bank holding company for Parke Bank, a community-focused financial institution headquartered in Washington Township, New Jersey. The bank serves individuals, families, businesses and organizations in southern New Jersey and the greater Philadelphia area.

Parke Bank provides a range of traditional banking products and services, including consumer and business deposit accounts, residential and commercial real estate lending, construction loans, commercial and industrial loans, and other business financing.