Parke Bancorp, Inc. (NASDAQ: PKBK) has announced the declaration of a cash dividend of $0.20 per share for its common stock. The dividend is payable on October 16, 2026, to shareholders of record as of the close of business on October 2, 2026.
The company stated that the Board of Directors anticipates paying cash dividends on a quarterly basis. However, the declaration of future dividends is subject to the determination and discretion of the Board of Directors, which will consider the financial condition of the Company and the Bank, as well as any applicable legal and regulatory restrictions.
Parke Bancorp, incorporated in January 2005, is the holding company for Parke Bank. The Bank operates through branch offices in Northfield, Washington Township (two locations), Galloway Township, Collingswood, and two locations in Philadelphia. Parke Bank focuses on providing personal and business financial services to individuals and small-sized businesses in Gloucester, Atlantic, and Cape May counties in New Jersey, and Philadelphia and surrounding counties in Pennsylvania.
