PKBK

Highlights: Net Income: $12.2 million for Q2 2026, increased 3.4% over Q1 2026 Revenue: $39.3 million for Q2 2026, increased 4.1% over Q1 2026 Total Assets: $2.30 billion, increased 4.1% over Q1 2026 EPS (diluted): $1.03 for Q2 2026 compared to $0.99 for Q1 2026 NIM: 4.17% for Q2 2026, flat compared to 4.17% for Q1 2026 WASHINGTON TOWNSHIP, NJ, July 22, 2026 /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 six months ended June 30, 2026. Highlights for the three and six months ended June 30, 2026 : Net income available to common shareholders was $12.2 million, or $1.04 per basic common share and $1.03 per diluted common share, for the three months ended June 30, 2026, an increase of $4.0 million, or 47.8%, compared to net income available to common shareholders of $8.3 million, or $0.70 per basic common share and $0.69 per diluted common share, for the three months ended June 30, 2025.

Parke Bancorp remains a 'buy' as robust earnings growth, expanding net interest margin, and strong asset quality drive compelling valuation. PKBK's price-to-earnings multiple of 8.2 is notably below peers, while return on assets (2.19%) and equity (14.47%) exceed industry benchmarks. Deposit base remains a concern with 42% uninsured and 11.3% brokered deposits, but loan growth and portfolio diversity offset some risks.

WASHINGTON TOWNSHIP, N.J., June 18, 2026 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.20 per share cash dividend, payable on July 17, 2026, to its stockholders of record as of the close of business on July 3, 2026.

WASHINGTON TOWNSHIP, N.J., May 22, 2026 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced its Board of Directors approved a stock repurchase program to allow repurchases of up to 5% of the Company's common stock during the next twelve months, unless completed sooner or otherwise extended.

Parke Bancorp, Inc. (PKBK) Shareholder/Analyst Call Prepared Remarks Transcript

WASHINGTON TOWNSHIP, N.J., April 21, 2026 /PRNewswire/ -- Parke Bancorp, Inc. (Nasdaq "PKBK"), announced that its Board of Directors has approved a two-cent ($0.02) increase in the cash dividend to be declared for the second fiscal quarter of 2026.

WASHINGTON TOWNSHIP, N.J., March 25, 2026 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on April 17, 2026, to its stockholders of record as of the close of business on April 3, 2026.