{"id":862384,"date":"2025-06-20T16:18:31","date_gmt":"2025-06-20T20:18:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/parke-bancorp-inc-announces-cash-dividend-3\/"},"modified":"2025-06-20T16:18:31","modified_gmt":"2025-06-20T20:18:31","slug":"parke-bancorp-inc-announces-cash-dividend-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/parke-bancorp-inc-announces-cash-dividend-3\/","title":{"rendered":"PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">WASHINGTON TOWNSHIP, N.J.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">June 20, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Parke Bancorp, Inc. (the &#8220;Company&#8221;) (NASDAQ: PKBK) today announced the declaration of a <span class=\"xn-money\">$0.18<\/span> per share cash dividend, payable on <span class=\"xn-chron\">July 18, 2025<\/span>, to its stockholders of record as of the close of business on <span class=\"xn-chron\">July 3, 2025<\/span>.<\/p>\n<p>The Board anticipates paying cash dividends on a\u00a0quarterly\u00a0basis, subject to determination and declaration by the Board of Directors, which will take into account a number of factors, including the financial condition of the Company and the Bank, and any applicable legal and regulatory restrictions on the payment of dividends by the Company. If paid, such dividends may be reduced or eliminated in future periods.<\/p>\n<p>Parke Bancorp, Inc. was incorporated in <span class=\"xn-chron\">January 2005<\/span>, while <span class=\"xn-person\">Parke Bank<\/span> commenced operations in <span class=\"xn-chron\">January 1999<\/span>. Parke Bancorp and <span class=\"xn-person\">Parke Bank<\/span> maintain their principal offices at 601 Delsea Drive, <span class=\"xn-location\">Washington Township, New Jersey<\/span>. <span class=\"xn-person\">Parke Bank<\/span> conducts business through a branch office in <span class=\"xn-location\">Northfield, New Jersey<\/span>, two branch offices in <span class=\"xn-location\">Washington Township, New Jersey<\/span>, a branch office in <span class=\"xn-location\">Galloway Township, New Jersey<\/span>, a branch office in <span class=\"xn-location\">Collingswood, New Jersey<\/span>, a branch in center city <span class=\"xn-location\">Philadelphia<\/span> and a branch in Chinatown in <span class=\"xn-location\">Philadelphia<\/span>. <span class=\"xn-person\">Parke Bank<\/span> is a full service commercial bank, with an emphasis on providing personal and business financial services to individuals and small-sized businesses primarily in <span class=\"xn-location\">Gloucester<\/span>, <span class=\"xn-location\">Atlantic<\/span> and <span class=\"xn-location\">Cape May<\/span> counties in <span class=\"xn-location\">New Jersey<\/span> and <span class=\"xn-location\">Philadelphia<\/span> and surrounding counties in <span class=\"xn-location\">Pennsylvania<\/span>. <span class=\"xn-person\">Parke Bank&#8217;s<\/span> deposits are insured up to the maximum legal amount by the Federal Deposit Insurance Corporation (FDIC). Parke Bancorp&#8217;s common stock is traded on the NASDAQ Capital Market under the symbol &#8220;PKBK&#8221;.<\/p>\n<p>\n        <i>This release may contain forward-looking statements. Such forward-looking statements are subject to risks and uncertainties which may cause actual results to differ materially from those currently anticipated due to a number of factors; our ability to maintain a strong capital base; our ability to continue to pay a dividend in the future; our ability to enhance shareholder value in the future; our earnings and shareholders<\/i>&#8216;<i> equity; and the possibility of additional corrective actions or limitations on the operations of Parke Bancorp and <span class=\"xn-person\">Parke Bank<\/span> being imposed by banking regulators, therefore, readers should not place undue reliance on any forward-looking statements. Parke Bancorp, Inc. does not undertake, and specifically disclaims, any obligations to publicly release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such circumstance.<\/i><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH14948&amp;sd=2025-06-20\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/parke-bancorp-inc-announces-cash-dividend-302487086.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/parke-bancorp-inc-announces-cash-dividend-302487086.html<\/a><\/p>\n<p>SOURCE  Parke Bancorp, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH14948&amp;Transmission_Id=202506201615PR_NEWS_USPR_____PH14948&amp;DateId=20250620\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire WASHINGTON TOWNSHIP, N.J. , June 20, 2025 \/PRNewswire\/ &#8212; Parke Bancorp, Inc. (the &#8220;Company&#8221;) (NASDAQ: PKBK) today announced the declaration of a $0.18 per share cash dividend, payable on July 18, 2025, to its stockholders of record as of the close of business on July 3, 2025. The Board anticipates paying cash dividends on a\u00a0quarterly\u00a0basis, subject to determination and declaration by the Board of Directors, which will take into account a number of factors, including the financial condition of the Company and the Bank, and any applicable legal and regulatory restrictions on the payment of dividends by the Company. If paid, such dividends may be reduced or eliminated in future periods. Parke Bancorp, Inc. was incorporated in January &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/parke-bancorp-inc-announces-cash-dividend-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-862384","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/parke-bancorp-inc-announces-cash-dividend-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PARKE BANCORP, INC. 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