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Parke Bancorp (Parke Bancorp) 5-Year Yield-on-Cost %

: 7.05 (As of Today)
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Parke Bancorp's yield on cost for the quarter that ended in Dec. 2023 was 7.05.


The historical rank and industry rank for Parke Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

PKBK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.68   Med: 3.89   Max: 8.85
Current: 7.05


During the past 13 years, Parke Bancorp's highest Yield on Cost was 8.85. The lowest was 0.68. And the median was 3.89.


PKBK's 5-Year Yield-on-Cost % is ranked better than
71.83% of 1200 companies
in the Banks industry
Industry Median: 5.005 vs PKBK: 7.05

Competitive Comparison

For the Banks - Regional subindustry, Parke Bancorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Parke Bancorp 5-Year Yield-on-Cost % Distribution

For the Banks industry and Financial Services sector, Parke Bancorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Parke Bancorp's 5-Year Yield-on-Cost % falls into.



Parke Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Parke Bancorp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Parke Bancorp  (NAS:PKBK) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Parke Bancorp 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Parke Bancorp's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Parke Bancorp (Parke Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
601 Delsea Drive, Washington Township, NJ, USA, 08080
Parke Bancorp Inc operates as a commercial bank providing personal and financial services to individuals and small to mid-sized businesses in various states of the USA. The bank offers services such as loan products, deposit services, and other financial products through its retail branches and other channels to its customers. Its lending businesses are commercial real estate lending, residential real estate lending, and construction lending among others. The Company operates one reportable segment of business, community banking.
Executives
Jeffrey H Kripitz director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Vito S Pantilione director, officer: President 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Nicholas J Pantilione officer: SVP & Chief Lending Officer 601 DELSEA DRIVE, SEWELL NJ 08080
Ralph Martin Gallo officer: Executive VP/COO 601 DELSEA DRIVE, SEWELL NJ 08080
Arret F Dobson director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Daniel J Dalton director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Celestino R Pennoni director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Paul E Palmieri officer: SVP & Chief Credit Officer 601 DELSEA DRIVE, SEWELL NJ 08080
Edward Infantolino director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Sheppard Jack C Jr director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
John S Kaufman officer: SVP and CFO 1902 LONG HILL ROAD, MILLINGTON NJ 07946
John F Hawkins officer: CFO/SVP 601 DELSEA DRIVE, SEWELL NJ 08080
Anthony J Jannetti director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Elizabeth A Milavsky officer: Chief Operating Officer/EVP 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Fred G Choate director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080

Parke Bancorp (Parke Bancorp) Headlines

From GuruFocus

Parke Bancorp, Inc. Announces Cash Dividend

By PRNewswire PRNewswire 09-23-2021

PARKE BANCORP, INC. ANNOUNCES FIRST QUARTER 2023 EARNINGS

By PRNewswire PRNewswire 04-24-2023

PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND

By PRNewswire PRNewswire 07-02-2022

PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND

By PRNewswire PRNewswire 03-24-2022

Parke Bancorp, Inc. Announces Cash Dividend

By PRNewswire PRNewswire 04-23-2021

PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND

By PRNewswire PRNewswire 07-12-2022