Parke Bancorp, Inc. (NASDAQ:PKBK - Get Free Report) announced a quarterly dividend on Wednesday, September 17th, RTT News reports. Stockholders of record on Friday, October 3rd will be given a dividend of 0.18 per share by the bank on Friday, October 17th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.
Parke Bancorp Stock Performance
Shares of NASDAQ PKBK traded down $0.02 during trading on Wednesday, reaching $22.20. 37,663 shares of the company traded hands, compared to its average volume of 32,984. The firm's fifty day simple moving average is $21.72 and its 200 day simple moving average is $20.06. The stock has a market cap of $263.07 million, a P/E ratio of 8.64 and a beta of 0.64. Parke Bancorp has a 12-month low of $16.94 and a 12-month high of $24.29. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.46.
Parke Bancorp (NASDAQ:PKBK - Get Free Report) last issued its earnings results on Wednesday, July 16th. The bank reported $0.69 earnings per share for the quarter. The business had revenue of $18.69 million for the quarter. Parke Bancorp had a return on equity of 10.21% and a net margin of 22.44%.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen cut shares of Parke Bancorp from a "buy" rating to a "hold" rating in a research note on Saturday, June 7th.
View Our Latest Analysis on PKBK
About Parke Bancorp
(
Get Free Report)
Parke Bancorp, Inc operates as the bank holding company for Parke Bank that provides personal and business financial services to individuals and small to mid-sized businesses. The company offers various deposit products, including checking, savings, time, money market, and individual retirement accounts, as well as certificates of deposit.
Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Parke Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Parke Bancorp wasn't on the list.
While Parke Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here

We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.