---
title: "Parke Bancorp (NASDAQ:PKBK) Issues Quarterly  Earnings Results"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/209394884.md"
description: "Parke Bancorp (NASDAQ:PKBK) released its quarterly earnings results, reporting $0.53 earnings per share (EPS) and revenue of $31.39 million. The company had a return on equity of 10.91% and a net margin of 19.22%. Parke Bancorp also announced a quarterly dividend of $0.18 per share. Director Jeffrey H. Kripitz sold 6,000 shares of the company's stock."
datetime: "2024-07-20T14:42:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/209394884.md)
  - [en](https://longbridge.com/en/news/209394884.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/209394884.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/209394884.md) | [English](https://longbridge.com/en/news/209394884.md)


# Parke Bancorp (NASDAQ:PKBK) Issues Quarterly  Earnings Results

Parke Bancorp (NASDAQ:PKBK - Get Free Report) posted its quarterly earnings results on Friday. The bank reported $0.53 earnings per share (EPS) for the quarter, Zacks reports. Parke Bancorp had a return on equity of 10.91% and a net margin of 19.22%. The business had revenue of $31.39 million for the quarter.

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## Parke Bancorp Trading Down 3.3 %

Shares of Parke Bancorp stock traded down $0.62 during trading on Friday, hitting $18.16. 11,821 shares of the company were exchanged, compared to its average volume of 29,931. The firm has a market capitalization of $217.19 million, a P/E ratio of 9.41 and a beta of 0.70. Parke Bancorp has a 1-year low of $15.16 and a 1-year high of $20.87. The firm's fifty day moving average price is $16.42 and its 200 day moving average price is $16.95. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.23 and a quick ratio of 1.23.

## Parke Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 19th. Stockholders of record on Friday, July 5th were given a dividend of $0.18 per share. The ex-dividend date was Friday, July 5th. This represents a $0.72 annualized dividend and a dividend yield of 3.96%. Parke Bancorp's payout ratio is currently 37.31%.

## Insider Transactions at Parke Bancorp

In related news, Director Jeffrey H. Kripitz sold 6,000 shares of the business's stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $16.95, for a total value of $101,700.00. Following the completion of the transaction, the director now directly owns 87,013 shares in the company, valued at approximately $1,474,870.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 15.33% of the company's stock.

## Parke Bancorp Company Profile

(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.

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_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._

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## 相關資訊與研究

- [Parke Bancorp 10-K: $142.7M Interest Income, EPS $3.16–$3.20](https://longbridge.com/zh-HK/news/278767007.md)
- [Parke Bancorp CEO Vito S. Pantilione Acquires Common Shares](https://longbridge.com/zh-HK/news/274319800.md)
- [Top Executive Makes Bold Move With Fresh Parke Bancorp Stock Purchase](https://longbridge.com/zh-HK/news/274373066.md)
- [Insider Move at Parke Bancorp Raises Eyebrows Among Investors](https://longbridge.com/zh-HK/news/274244525.md)
- [Parke Bancorp Inc. Q4 net interest income rises 39.7% to USD 21.8 million](https://longbridge.com/zh-HK/news/273423486.md)