Parke Bancorp (NASDAQ:PKBK) CFO Sells 454 Shares of Stock

November 6, 2026 by InsiderTrades.com

Key Points

CFO Jonathan Hill sold 454 Parke Bancorp shares at an average price of $33.01, totaling about $14,987. His direct holdings fell 93.8% to 30 shares.
Parke Bancorp reported quarterly earnings of $1.02 per share on $24 million in revenue, with a 30.55% net margin and 14.13% return on equity.
The company’s quarterly dividend is $0.20 per share, equivalent to an annualized yield of about 2.5%. MarketBeat reported a consensus analyst rating of “Buy.”

Parke Bancorp, Inc. (NASDAQ:PKBK - Get Free Report) CFO Jonathan Hill sold 454 shares of the business's stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $33.01, for a total value of $14,986.54. Following the transaction, the chief financial officer directly owned 30 shares in the company, valued at $990.30. This trade represents a 93.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Parke Bancorp Trading Down 2.9%

Shares of Parke Bancorp stock opened at $32.48 on Friday. The stock has a market cap of $382.00 million, a P/E ratio of 8.18 and a beta of 0.52. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.51. Parke Bancorp, Inc. has a 12-month low of $21.10 and a 12-month high of $35.70. The business's 50 day moving average is $33.33 and its 200-day moving average is $31.25.

Parke Bancorp (NASDAQ:PKBK - Get Free Report) last released its earnings results on Wednesday, October 21st. The bank reported $1.02 earnings per share for the quarter. The business had revenue of $24.00 million during the quarter. Parke Bancorp had a net margin of 30.55% and a return on equity of 14.13%.

Parke Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Friday, October 2nd were paid a $0.20 dividend. The ex-dividend date was Friday, October 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 2.5%. Parke Bancorp's dividend payout ratio (DPR) is currently 20.15%.

Institutional Trading of Parke Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the business. Legal & General Group Plc acquired a new stake in shares of Parke Bancorp in the second quarter valued at approximately $31,000. Byrne Asset Management LLC increased its holdings in shares of Parke Bancorp by 14.3% during the 2nd quarter. Byrne Asset Management LLC now owns 3,200 shares of the bank's stock worth $106,000 after acquiring an additional 400 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of Parke Bancorp during the 2nd quarter worth approximately $221,000. Bank of America Corp DE increased its holdings in shares of Parke Bancorp by 12.2% during the 1st quarter. Bank of America Corp DE now owns 9,288 shares of the bank's stock worth $264,000 after acquiring an additional 1,008 shares during the last quarter. Finally, Ieq Capital LLC bought a new stake in Parke Bancorp in the 2nd quarter valued at $268,000. Institutional investors own 49.69% of the company's stock.

Wall Street Analyst Weigh In

PKBK has been the subject of a number of analyst reports. Wall Street Zen raised shares of Parke Bancorp from a "hold" rating to a "buy" rating in a research report on Sunday, September 27th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Parke Bancorp in a report on Monday, September 21st. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, Parke Bancorp presently has a consensus rating of "Buy".

Read Our Latest Report on Parke Bancorp

Parke Bancorp Company Profile

(Get Free Report)

Parke Bancorp, Inc is the bank holding company for Parke Bank, a community bank headquartered in Sewell, New Jersey. Through Parke Bank, the company provides banking and financial services to individuals, businesses and organizations in southern New Jersey and the greater Philadelphia area.

Parke Bank's products and services include checking and savings accounts, certificates of deposit, online and mobile banking, residential mortgages, home equity financing, consumer loans and commercial lending.