Headlines about Parke Bancorp (NASDAQ:PKBK) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Parke Bancorp earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 45.8505005363809 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Parke Bancorp (NASDAQ PKBK) opened at $19.95 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.01. The stock has a market cap of $152.29, a PE ratio of 13.40 and a beta of 0.64. Parke Bancorp has a twelve month low of $16.15 and a twelve month high of $23.95.
Parke Bancorp (NASDAQ:PKBK) last released its quarterly earnings data on Monday, October 23rd. The bank reported $0.42 earnings per share for the quarter. Parke Bancorp had a net margin of 30.47% and a return on equity of 13.39%. The firm had revenue of $10.71 million during the quarter.
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Stockholders of record on Friday, October 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $0.48 annualized dividend and a dividend yield of 2.41%. Parke Bancorp’s payout ratio is 32.41%.
In other news, Director Jack C. Sheppard, Jr. sold 1,800 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $19.47, for a total transaction of $35,046.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Edward Infantolino sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $22.01, for a total transaction of $220,100.00. Following the transaction, the director now directly owns 33,865 shares of the company’s stock, valued at $745,368.65. The disclosure for this sale can be found here. Insiders have sold 22,732 shares of company stock valued at $484,428 over the last three months. 26.05% of the stock is owned by corporate insiders.
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About Parke Bancorp
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.
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