Recent Updates — PKBK

Parke Bancorp reported third-quarter 2026 net income available to common shareholders of $12.2 million, or $1.04 per diluted share, a 14.5% increase from the prior-year period. Net interest income rose 14.2% to $23.0 million, driven by higher market rates and loan balances, while non-interest expense declined 5.4% to $6.8 million. For the nine months ended September 30, 2026, net income increased 35.9% to $36.2 million, or $3.04 per diluted share. Total assets grew 3.7% to $2.33 billion, and nonperforming loans decreased 46.2% to $5.8 million. Parke Bancorp is the parent company of Parke Bank, a community bank serving customers in New Jersey.

Parke Bancorp, Inc. announced on September 22, 2026, the declaration of a $0.20 per share cash dividend. The payment is scheduled for October 16, 2026, to shareholders of record as of the close of business on October 2, 2026. The Board anticipates paying dividends on a quarterly basis, subject to future determination based on financial condition and regulatory restrictions. Parke Bancorp operates in the banking industry, providing personal and business financial services through its subsidiary, Parke Bank.

Parke Bancorp, Inc. reported second quarter 2026 earnings, with net income available to common shareholders reaching $12.2 million for the three months ended June 30, 2026, a 47.8% increase from $8.3 million in the prior year period. Diluted earnings per share rose to $1.03 from $0.69. For the six months ended June 30, 2026, net income grew 50.0% to $24.1 million. Growth was driven by a $5.1 million increase in net interest income for the quarter and a decrease in the provision for credit losses. Total assets stood at $2.30 billion as of June 30, 2026. The company is a financial services provider operating in the banking industry.

Parke Bancorp, Inc. declared a cash dividend of $0.20 per share, which will be paid to shareholders of record as of July 3, 2026, with a payment date of July 17, 2026. Parke Bancorp, Inc. is a financial services company providing banking services.