Parke Bancorp, Inc. has announced a cash dividend of $0.18 per share, payable on January 16, 2026, to stockholders of record as of January 2, 2026. The board anticipates paying cash dividends on a quarterly basis, subject to determination and declaration by the board of directors, taking into account various factors including the financial condition of the company and any applicable legal and regulatory restrictions.
Parke Bancorp, Inc. was incorporated in January 2005, while Parke Bank commenced operations in January 1999. The company maintains its principal offices at 601 Delsea Drive, Washington Township, New Jersey. Parke Bank conducts business through several branch offices in New Jersey and Pennsylvania, emphasizing personal and business financial services to individuals and small-sized businesses primarily in Gloucester, Atlantic, and Cape May counties in New Jersey, as well as Philadelphia and surrounding counties in Pennsylvania.
The press release did not include specific financial metrics or changes since the last period, such as revenue, net income, or balance sheet figures. As a result of these announcements, the company's shares have moved -0.16% on the market, and are now trading at a price of $25.3799. For the full picture, make sure to review PARKE BANCORP, INC.'s 8-K report.
