Parke Bancorp (PKBK) Earns Media Sentiment Rating of 0.05

Press coverage about Parke Bancorp (NASDAQ:PKBK) has trended somewhat positive on Sunday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Parke Bancorp earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave media stories about the bank an impact score of 44.9914665471048 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Parke Bancorp (NASDAQ:PKBK) traded down $0.15 during mid-day trading on Friday, hitting $20.70. The stock had a trading volume of 3,523 shares, compared to its average volume of 11,494. Parke Bancorp has a 1 year low of $16.85 and a 1 year high of $23.95. The company has a market cap of $158.81, a price-to-earnings ratio of 13.98 and a beta of 0.64. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.18 and a current ratio of 1.18.

Parke Bancorp (NASDAQ:PKBK) last issued its earnings results on Monday, October 23rd. The bank reported $0.42 EPS for the quarter. Parke Bancorp had a return on equity of 13.19% and a net margin of 30.47%. The business had revenue of $10.71 million during the quarter.

The company also recently announced a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Friday, October 13th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend was Thursday, October 12th. Parke Bancorp’s payout ratio is 32.41%.

In related news, Director Edward Infantolino sold 10,000 shares of the business’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $22.01, for a total value of $220,100.00. Following the completion of the sale, the director now directly owns 33,865 shares of the company’s stock, valued at approximately $745,368.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jack C. Sheppard, Jr. sold 3,132 shares of the business’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $19.33, for a total value of $60,541.56. Following the completion of the sale, the director now directly owns 69,680 shares of the company’s stock, valued at $1,346,914.40. The disclosure for this sale can be found here. Insiders sold a total of 22,732 shares of company stock valued at $484,428 over the last ninety days. 26.05% of the stock is currently owned by corporate insiders.

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Parke Bancorp Company Profile

Parke Bancorp, Inc is a bank holding company of Parke Bank (the Bank). The Bank is a full commercial service bank, with focus on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester, Atlantic and Cape May Counties in New Jersey and the Philadelphia area in Pennsylvania.

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

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