Parke Bancorp announced on April 21 that its Board of Directors approved a $0.02 increase in the cash dividend for the second fiscal quarter of 2026, raising the payout from $0.18 to $0.20 per share—an 11% increase and the first change to the dividend since the company’s last declaration.
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Parke Bancorp reported first‑quarter 2026 results for the three months ended March 31, 2026. Net income rose to $11.8 million, a 52.3% increase from $7.8 million in the same period a year earlier and a 6.9% gain over the $11.1 million reported in the fourth quarter of 2025. Earnings per share climbed to $0.99 from $0.93, while return on average assets improved to 2.19% from 2.04%.
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