| Parke Bancorp: Focus On Residential Loans Is Better In The Current Environment |
Despite the current uncertain tariff situation, Parke Bancorp's loan growth won't fall too low because of the bank's focus on residential loans. Like the previous quarter, deposit costs will most probably continue to fall in the year ahead because of interest rate cuts. The provision expense will likely spike because of signs of an economic slowdown, which raises credit risk. |
seekingalpha.com |
2025-04-24 10:15:00 |
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| PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND |
WASHINGTON TOWNSHIP, N.J. , March 19, 2025 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on April 18, 2025, to its stockholders of record as of the close of business on April 4, 2025. |
prnewswire.com |
2025-03-19 18:15:00 |
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| Parke Bancorp: Little Known Bank Continues To Chug Along |
Parke Bancorp, Inc. is a stable investment with a 3.6% dividend yield, offering reliable income despite limited growth prospects. PKBK Q4 performance showed strong loan and deposit growth, but net income declined due to higher provisions for credit losses and non-interest expenses. Margins contracted, with net interest margin down to 3.02%, but net interest income increased by 0.7% year-over-year. |
seekingalpha.com |
2025-01-27 18:43:10 |
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| PARKE BANCORP, INC. ANNOUNCES FOURTH QUARTER 2024 EARNINGS |
Highlights: Net Income: $7.4 million for Q4 2024, decreased 1.5% from Q3 2024 Revenue: $34.5 million for Q4 2024, increased 4.4% over Q3 2024 Total Assets: $2.14 billion, increased 5.9% from December 31, 2023 Total Loans: $1.87 billion, increased 4.5% from December 31, 2023 Total Deposits: $1.63 billion, increased 5.0% from December 31, 2023 WASHINGTON TOWNSHIP, N.J. , Jan. 24, 2025 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank (the "Bank"), announced its operating results for the quarter and fiscal year ended December 31, 2024. |
prnewswire.com |
2025-01-24 18:15:00 |
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| PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND |
WASHINGTON TOWNSHIP, N.J. , Dec. 18, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on January 17, 2025, to its stockholders of record as of the close of business on January 3, 2025. |
prnewswire.com |
2024-12-18 18:15:00 |
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| Parke Bancorp: Still Banking On This Name |
Despite recent underperformance, Parke Bancorp remains a 'buy' due to its attractive valuation and strong asset quality compared to peers. The company's net interest income and non-interest income have declined, but its balance sheet remains stable with increasing loans and deposits. Parke Bancorp's price-to-earnings, price-to-book, and price-to-tangible-book ratios indicate it is undervalued relative to similar firms. |
seekingalpha.com |
2024-10-31 14:18:59 |
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| PARKE BANCORP, INC. ANNOUNCES THIRD QUARTER 2024 EARNINGS |
Highlights: Net Income: $7.5 million for Q3 2024, increased 16.3% over Q2 2024 Revenue: $33.0 million for Q3 2024, increased 5.2% over Q2 2024 Total Assets: $2.07 billion, increased 2.1% over December 31, 2023 Total Loans: $1.84 billion, increased 2.9% over December 31, 2023 Total Deposits: $1.56 billion, increased 0.4% from December 31, 2023 WASHINGTON TOWNSHIP, N.J. , Oct. 18, 2024 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank, announced its operating results for the three and nine months ended September 30, 2024. |
prnewswire.com |
2024-10-18 20:15:00 |
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| PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND |
WASHINGTON TOWNSHIP, N.J. , Sept. 18, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on October 18, 2024, to its stockholders of record as of the close of business on October 4, 2024. |
prnewswire.com |
2024-09-18 20:15:00 |
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| PARKE BANCORP, INC. ANNOUNCES STOCK REPURCHASE PLAN |
WASHINGTON TOWNSHIP, N.J. , Aug. 2, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced its Board of Directors approved a plan to repurchase up to 5% of the Company's common stock during the next twelve months, unless completed sooner or otherwise extended. |
prnewswire.com |
2024-08-02 20:15:00 |
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| Parke Bancorp Offers A 3.5% Yield And A 20% Discount To TBV |
Parke Bancorp has strong earnings with a slight increase in net interest income, despite an increase in loan loss provisions. The bank has a relatively low amount of unrealized losses on securities and a focus on recovering soured loans, especially in the commercial real estate portfolio. Trading at 10 times earnings and a 20% discount to tangible book value per share, Parke Bancorp presents a good opportunity for a long position. |
seekingalpha.com |
2024-08-01 14:30:00 |
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| PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND |
WASHINGTON TOWNSHIP, N.J. , June 20, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on July 19, 2024, to its stockholders of record as of the close of business on July 5, 2024. |
prnewswire.com |
2024-06-20 12:30:00 |
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| PARKE BANCORP, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS |
Highlights: Net Income: $6.1 million for Q1 2024 Revenue: $30.5 million for Q1 2024 Total Assets: $2.01 billion, decreased 0.7% from December 31, 2023 Total Loans: $1.79 billion, decreased 0.1% over December 31, 2023 Total Deposits: $1.56 billion, increased 0.7% from December 31, 2023 WASHINGTON TOWNSHIP, N.J. , April 19, 2024 /PRNewswire/ -- Parke Bancorp, Inc. ("Parke Bancorp" or the "Company") (NASDAQ: "PKBK"), the parent company of Parke Bank, announced its operating results for the quarter ended March 31, 2024. |
prnewswire.com |
2024-04-19 20:15:00 |
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| PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND |
WASHINGTON TOWNSHIP, N.J., March 20, 2024 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on April 19, 2024, to its stockholders of record as of the close of business on April 5, 2024. |
prnewswire.com |
2024-03-20 10:30:00 |
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| PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND |
WASHINGTON TOWNSHIP, N.J. , Dec. 20, 2023 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on January 17, 2024, to its stockholders of record as of the close of business on January 3, 2024. |
prnewswire.com |
2023-12-20 18:15:00 |
Czytaj oryginał (ang.) |
| Parke Bancorp Makes For A Fantastic Place To Park Your Money |
Parke Bancorp is a small but stable bank with a market capitalization of $207.9 million. The bank has successfully reduced debt and is experiencing growth in deposits. Despite high exposure to uninsured deposits, the bank is still considered a solid buy due to its attractive valuation and overall track record. |
seekingalpha.com |
2023-11-19 21:26:30 |
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| This bank that serves cannabis customers had most of its profit wiped out by a robbery. |
Take Parke Bancorp PKBK, -1.68%, a Washington Township, N.J. bank that focuses on the Southern New Jersey and Philadelphia area. |
marketwatch.com |
2023-10-26 07:23:00 |
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| Parke Bank Named One of the Top 20 Community Banks by Bank Director |
WASHINGTON TOWNSHIP, N.J. , Sept. 28, 2023 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) – is pleased to announce Parke Bank has been named to the Bank Director's Ranking Banking: The Best U.S. Banks 2023 as one of the Top 20 performing banks across the nation amongst its peer group ($1 billion to $5 billion). |
prnewswire.com |
2023-09-28 13:00:00 |
Czytaj oryginał (ang.) |
| PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND |
WASHINGTON TOWNSHIP, N.J. , Sept. 20, 2023 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on October 16, 2023, to its stockholders of record as of the close of business on October 2, 2023. |
prnewswire.com |
2023-09-20 20:15:00 |
Czytaj oryginał (ang.) |
| Parke Bancorp: Trading At Just 6 Times Earnings And No Premium To Book |
Parke Bancorp is active in New Jersey, where its loan portfolio is mainly focusing on real estate. The amount of non-accruing loans has increased, and the market would likely want to see how Parke will deal with that. |
seekingalpha.com |
2022-11-14 13:30:00 |
Czytaj oryginał (ang.) |
| Parke Bancorp: Getting Paid |
Parke Bancorp pays a 3% dividend yield while you wait for shares to appreciate. The company is issuing more loans and should benefit from higher rates by seeing its net interest margins spread. |
seekingalpha.com |
2022-08-30 17:14:53 |
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| Parke Bancorp: Offering A 3% Dividend Yield With A 20% Payout Ratio |
Parke Bancorp is a small bank in New Jersey, mainly focusing on a residential real estate heavy loan book. The total amount of loans past due increased substantially in Q1, but this is related to a CRE loan and there shouldn't be heavy losses. |
seekingalpha.com |
2022-06-28 14:00:00 |
Czytaj oryginał (ang.) |
| Parke Bancorp: Under The Radar Gem |
Parke Bancorp: Under The RadaWith $1.57 billion in total assets, Parke Bancorp consistently generated superior shareholder value over the last five years. r Gem |
seekingalpha.com |
2021-12-07 18:52:47 |
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| Parke Bancorp, Inc. Announces Cash Dividend |
WASHINGTON TOWNSHIP, N.J., Sept. 23, 2021 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.16 per share cash dividend payable on October 20, 2021, to its stockholders of record as of the close of business on October 6, 2021. |
prnewswire.com |
2021-09-23 20:15:00 |
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| Cautious Dividend Investor Alert: 18 Banks With Decent Yields And Superior Risk-Adjusted Returns |
I remain cautious about equity valuations. Bank valuations today are in line with historic averages. |
seekingalpha.com |
2021-09-07 01:12:40 |
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