Park National Corporation

Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in Ohio and Northern Kentucky. The Bank offers deposits for demand, savings, and time accounts; trust and wealth management services; cash management services; safe deposit operations; electronic funds transfers; Internet and mobile banking solutions with bill pay service; credit cards; and various additional banking-related services for individual customers. Park National also provides commercial loans, including financing for industrial and commercial properties, financing for equipment, inventories and accounts receivable, acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans, including mortgage loans to developers and owners of commercial real estate; consumer loans, such as automobile loans and leases and home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial leasing. In addition, it offers consumer finance, aircraft financing, and asset management businesses.

Company Growth (employees)
Type
Public
HQ
Newark, US
Founded
1908
Size (employees)
1,726 (est)
Park National Corporation was founded in 1908 and is headquartered in Newark, US

Park National Corporation Office Locations

Park National Corporation has an office in Newark
Newark, US (HQ)
50 N 3rd St

Park National Corporation Data and Metrics

Park National Corporation Financial Metrics

Park National Corporation's revenue was reported to be $276.3 m in FY, 2016 which is a 4% increase from the previous period.
USD

Revenue (FY, 2016)

276.3 m

Revenue growth (FY, 2015 - FY, 2016), %

4%

Gross profit (FY, 2016)

238.1 m

Gross profit margin (FY, 2016), %

86%

Net income (FY, 2016)

86.1 m

EBIT (FY, 2016)

238.1 m

Market capitalization (17-Aug-2017)

1.4 b

Cash (31-Dec-2016)

146.4 m

EV

2.4 b
Park National Corporation's current market capitalization is $1.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

262.9 m265.1 m265.1 m276.3 m

Revenue growth, %

1%(0%)4%

Cost of goods sold

38.2 m

Gross profit

238.1 m

Gross profit Margin, %

86%

Sales and marketing expense

4.5 m

Operating expense total

4.5 m

EBIT

238.1 m

EBIT margin, %

86%

Net Income

77.2 m84.1 m81 m86.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

147 m237.7 m149.5 m146.4 m

Accounts Receivable

18.3 m17.7 m18.7 m18.8 m

PP&E

55.3 m55.5 m59.5 m58 m

Goodwill

72.3 m72.3 m72.3 m72.3 m

Total Assets

6.6 b7 b7.3 b7.5 b

Accounts Payable

2.9 m2.6 m2.3 m5.5 b

Total Debt

1.1 b1.1 b1.1 b1.1 b

Total Liabilities

6.7 b

Retained Earnings

460.6 m486.5 m507.5 m535.6 m

Total Equity

713.4 m742.2 m

Debt to Equity Ratio

1.6 x1.5 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.1 x

Financial Leverage

10.2 x10.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

77.2 m84.1 m81 m86.1 m

Depreciation and Amortization

7.2 m7.3 m

Cash From Operating Activities

114.6 m122.7 m88.7 m87.9 m

Cash From Investing Activities

(106.7 m)(280.6 m)(395.5 m)(152.6 m)

Long-term Borrowings

(51 m)(154 m)(79.5 m)(55.6 m)

Dividends Paid

(57.9 m)(57.9 m)(57.8 m)(57.7 m)

Cash From Financing Activities

(62.1 m)248.5 m218.5 m61.7 m

Interest Paid

40.4 m37.7 m38.4 m

Income Taxes Paid

27.8 m26.1 m27.3 m
USDY, 2016

EV/EBIT

10 x

EV/CFO

27.2 x

Revenue/Employee

154.1 k

Debt/Equity

1.5 x

Debt/Assets

0.1 x

Financial Leverage

10.1 x

Park National Corporation Market Value History

Traffic Overview of Park National Corporation

Park National Corporation Company Life and Culture

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