Park National Corp /Oh/PRK

NYSEFinanceNational Commercial Banks
Price (close)
$180.25
Market cap
$3.3B
P/E
17.1x
Revenue (TTM)
$738.2M
Net income
$190.2M
Dividend yield
3.12%
1-year total return
12.5%
Net margin
25.8%
Revenue growth
11.6%
Debt / equity
0.07x

What Park National Corp /Oh/ does.

The disclosures set forth in this Item are qualified by "ITEM 1A. RISK FACTORS" and the section captioned "FORWARD-LOOKING STATEMENTS" of this Annual Report on Form 10-K and other cautionary statements set forth elsewhere in this Annual Report on Form 10-K.

Park National Corporation (“Park”) is a financial holding company regulated under the Bank Holding Company Act of 1956 (the “Bank Holding Company Act”). Founded as Park National Bank of Ohio, in Newark, Ohio, Park’s legacy dates to 1908. As a bank holding company, Park was established in 1987. Park is headquartered at 51 North Third Street, Newark, Ohio 43055, and can be reached at (740) 349-8451. Its common shares trade on NYSE American under the symbol “PRK.” Park's internet site http://www.parknationalcorp.com provides access to annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, amendments, and definitive proxy statements filed under the Securities Exchange Act of 1934 (the “Exchange Act”). These documents are available as soon as practicable after Park files them electronically with the SEC. Park's primary business is to own and oversee its subsidiaries, engaged primarily in the business of banking. While Park sets overall policies, including lending and financial strategies, the officers of its subsidiaries handle day-to-day operations.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$453.3M$459.8M$514.2M$564.3M$645.6M$664.4M
Net income$127.9M$153.9M$148.4M$126.7M$151.4M$180.1M
Free cash flow$83.0M$143.2M$128.7M$143.5M$169.7M$191.9M

More on PRK.

Figures from Park National Corp /Oh/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.