Highest-materiality recent filing
Parke Bancorp authorizes stock repurchase of up to 5% of common shares over 12 months
Board approved repurchase program for up to 5% of common stock within next twelve months.
Vito S. Pantilione, Elizabeth A. Milavsky re-elected with overwhelming support; Dr. Edward Infantolino received 1,992,985 withheld votes (28.6% of votes cast).
Parke Bancorp increases Q2 2026 dividend by $0.02 to $0.20 per share
Board approved a $0.02 increase in the cash dividend for the second fiscal quarter of 2026.
Parke Bancorp Q1 net income $11.8M, up 52% YoY; EPS $0.99
Net income $11.8M ($0.99 diluted EPS) vs $7.8M ($0.65) Q1 2025, a 52.3% increase.
Parke Bancorp declares $0.18 per share dividend payable April 17, 2026
Cash dividend of $0.18 per share declared for Q1 2026.
Parke Bancorp Q4 net income $11.1M, up 49.9%; FY EPS $3.16, up 37.3%
Q4 net income $11.1M ($0.93 diluted), up 49.9% from $7.4M ($0.61 diluted) YoY.
Parke Bancorp declares $0.18 quarterly cash dividend payable Jan 16, 2026
Dividend of $0.18 per share declared on December 17, 2025.
Parke Bancorp Q3 net income up 41.6% to $10.6M; EPS $0.89
Net income available to common shareholders $10.6M ($0.89 diluted EPS) vs $7.5M in Q3 2024, up 41.6%.
Parke Bancorp declares $0.18 quarterly dividend payable Oct 17, 2025
Cash dividend of $0.18 per share declared, payable on October 17, 2025.
Parke Bancorp extends stock repurchase program expiration to Feb 2026
Board approved six-month extension of existing stock repurchase program, now expiring Feb 2, 2026.
Parke Bancorp Q2 2025 net income $8.3M, up 28% YoY; EPS $0.70, net interest income +24.9%
Net income available to common $8.3M ($0.70 basic) vs $6.5M ($0.54) in Q2 2024, up 28.3%.
Parke Bancorp declares $0.18 quarterly dividend payable July 18, 2025
Cash dividend of $0.18 per share declared; payable on July 18, 2025 to holders of record July 3, 2025.
Parke Bancorp shareholders reelect Choate, Kripitz, Sheppard as directors; auditor ratified
Fred G. Choate received 4,527,449 votes For and 2,060,434 Withheld for a three-year term.
Parke Bancorp Q1 net income $7.8M, EPS $0.66, up 26.5% YoY
Net income $7.8M ($0.66 basic EPS) vs $6.1M ($0.51) in Q1 2024; net interest income rose 18.2% to $16.6M.
Parke Bancorp declares $0.18 quarterly dividend payable April 18, 2025
Cash dividend of $0.18 per share declared by the Board of Directors.
Parke Bancorp appoints James B. Meadows as SVP and Chief Credit Officer
Paul E. Palmieri retired as SVP and Chief Credit Officer effective Oct 31, 2024.
Parke Bancorp Q4 net income $7.4M ($0.62/share), down 9.5% YoY; FY net income $27.5M down 3.3%
Q4 net income $7.4M ($0.62 basic EPS), down 9.5% from Q4 2023; FY net income $27.5M ($2.30 basic EPS), down 3.3% from FY 2023.
Parke Bancorp declares $0.18 per share quarterly dividend, payable Jan 17, 2025
Cash dividend of $0.18 per share declared, payable Jan 17, 2025 to holders of record Jan 3, 2025.
Parke Bancorp Q3 net income $7.5M, up 16% QoQ; NPLs rise to $12.2M
Net income $7.5M ($0.63 EPS) in Q3 2024, up 16% QoQ; YoY comp inflated by $9.5M 2023 loss contingency.
Parke Bancorp declares $0.18 per share cash dividend, payable Oct 18
Cash dividend of $0.18 per share declared for Q3 2024.
Parke Bancorp authorizes repurchase of up to 5% of common stock over 12 months
Board approved repurchase of up to 5% of common stock over twelve months, effective August 2, 2024.
Parke Bancorp Q2 2024 net income $6.5M, down 20.6% YoY; EPS $0.54 vs $0.68
Net income available to common shareholders $6.5M ($0.54 basic EPS), down $1.7M or 20.6% from Q2 2023.
Parke Bancorp declares $0.18 quarterly cash dividend, payable July 19
Cash dividend of $0.18 per share declared; payable July 19, 2024.
Agreement with Ralph Gallo, EVP & COO, effective retroactively April 23, 2024.
Parke Bancorp annual meeting elects Dalton and Dobson as directors, ratifies auditor
Daniel J. Dalton elected with 4,158,467 for, 2,692,629 withheld; broker non-votes 2,613,344.
Parke Bancorp Q1 net income falls 44.8% to $6.1M on lower NII and credit provision
Net income $6.1M ($0.51 diluted) vs $11.1M ($0.92) in Q1 2023, a 44.8% decline.
Parke Bancorp enters change-in-control severance deal with CFO Jonathan Hill
Agreement provides a lump-sum payment of 2.5 times the three-year average salary and cash incentive/bonus, subject to Section 280G limits.
Parke Bancorp declares $0.18 quarterly dividend payable April 19, 2024
Cash dividend of $0.18 per share declared.
On November 1, 2024, James B. Meadows filled the vacated role and was formally approved by the Compensation Committee as Senior Vice President and Chief Credit Officer on January 21, 2025.
On October 31, 2024, Paul E. Palmieri, Senior Vice President and Chief Credit Officer of the Company, retired from the Company.
Max materiality 0.80 · Median 0.40 · Most common event dividend