Stock events for Parke Bancorp, Inc. (PKBK)
Parke Bancorp, Inc. stock has experienced a positive trend, increasing by 17.65% in the past six months. Key events include regular quarterly cash dividend declarations and earnings announcements, such as the outstanding financial results for the third quarter of 2025. Insider trading activity has been noted, with the COO and CFO selling shares and the CEO buying shares. Weiss Ratings downgraded Parke Bancorp from a "buy" to a "hold" rating.
Demand Seasonality affecting Parke Bancorp, Inc.’s stock price
The provided information does not explicitly detail the demand seasonality for Parke Bancorp, Inc.'s specific products and services. However, demand for certain products like residential mortgages and construction loans can exhibit seasonal patterns, often increasing during warmer months. Business lending may also fluctuate with economic cycles and business investment trends.
Overview of Parke Bancorp, Inc.’s business
Parke Bancorp, Inc. operates as the bank holding company for Parke Bank, providing personal and business financial services. The company offers diverse deposit products and a lending portfolio encompassing various loan types. They also provide services like debit cards, internet banking, and online bill payment, emphasizing strong customer relationships.
PKBK’s Geographic footprint
Parke Bancorp, Inc. is headquartered in Washington Township, New Jersey, and operates through Parke Bank, which has 7 branch offices in New Jersey and Pennsylvania. The bank primarily serves individuals and small to mid-sized businesses in Southern New Jersey and the Philadelphia metropolitan areas.
PKBK Corporate Image Assessment
Parke Bancorp has received positive recognition for its performance, with Parke Bank being named one of the Top 20 performing banks nationwide in Bank Director's Ranking Banking: The Best U.S. Banks 2023 report. This continued into 2024, with Parke Bank securing the 9th position within its peer group in the same report. Recent strong financial results further reinforce Parke Bancorp's reputation.
Ownership
Parke Bancorp, Inc. has significant institutional ownership, with 49.69% of its stock held by institutions including BlackRock, Inc. and Vanguard Group Inc. Individual insiders hold 15.33% of the stock, with Ron Shemer listed as a major individual shareholder.
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$21.61