News articles about Parke Bancorp (NASDAQ:PKBK) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Parke Bancorp earned a news impact score of 0.13 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.225726485688 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of PKBK stock traded down $0.05 on Friday, reaching $22.55. 20 shares of the stock were exchanged, compared to its average volume of 22,762. The company has a market cap of $231.65 million, a price-to-earnings ratio of 13.00 and a beta of 0.04. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.87. Parke Bancorp has a 1-year low of $16.77 and a 1-year high of $24.80.

Parke Bancorp (NASDAQ:PKBK) last released its quarterly earnings data on Thursday, July 19th. The bank reported $0.56 EPS for the quarter. The business had revenue of $12.24 million during the quarter. Parke Bancorp had a return on equity of 16.03% and a net margin of 29.43%.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 27th. Stockholders of record on Friday, July 13th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.48%. This is an increase from Parke Bancorp’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, July 12th.

In other news, Director Jeffrey H. Kripitz sold 5,000 shares of the company’s stock in a transaction on Thursday, July 26th. The stock was sold at an average price of $23.85, for a total transaction of $119,250.00. Following the completion of the sale, the director now directly owns 205,043 shares in the company, valued at approximately $4,890,275.55. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 23.53% of the company’s stock.

About Parke Bancorp

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, money market, and individual retirement accounts, as well as certificates of deposit.

Read More: Price to Earnings Ratio (PE), For Valuing Stocks

Insider Buying and Selling by Quarter for Parke Bancorp (NASDAQ:PKBK)

Receive News & Ratings for Parke Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parke Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.