OverviewSuggest Edit

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.

TypePublic
Founded1908
HQNewark, OH, US
Websiteinvestor.parknationalcorp.com

Latest Updates

Employees (est.) (Dec 2018)1,782(+3%)
Revenue (FY, 2020)$304.5 M
Share Price (Oct 2021)$125.1
Cybersecurity ratingCMore
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Key People/Management at Park National Corporation

C. Daniel Delawder

C. Daniel Delawder

Chairman, Executive Committee
David L. Trautman

David L. Trautman

Chairman and CEO
Brady T. Burt

Brady T. Burt

Chief Financial Officer and Secretary
Matthew R. Miller

Matthew R. Miller

President & Director
William T. McConnell

William T. McConnell

Director Emeritus
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Park National Corporation Office Locations

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

Park National Corporation Revenue

Park National Corporation's revenue was reported to be $304.54 m in FY, 2020
USD

Revenue (Q1, 2021)

34.1m

Net income (Q1, 2021)

42.8m

Market capitalization (22-Oct-2021)

2.0b

Closing stock price (22-Oct-2021)

125.1

Cash (31-Mar-2021)

943.3m

EV

1.4b
Park National Corporation's current market capitalization is $2 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

74.9m94.9m92.4m73.3m75.5m77.6m78.7m80.6m273.7m304.5m304.5m

Revenue growth, %

1%0%4%

Sales and marketing expense

3.7m3.0m3.5m3.8m4.4m4.0m4.5m4.4m5.1m5.8m5.8m

R&D expense

5.7m5.0m3.9m4.2m4.7m5.0m5.6m7.3m8.5m10.8m11.7m
USDQ2, 2010

Debt/Equity

1.2 x

Debt/Assets

0.1 x

Financial Leverage

9.5 x
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Park National Corporation Operating Metrics

Park National Corporation's Total Loans was reported to be $5.4b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

ATMs

141140139

Bank Branches

116116112

Non-performing Loans

$119.29 m$114.3 m$113.8 m$109.64 m$122.79 m$118.96 m$131.46 m$116.86 m$108.08 m$107.28 m$110.9 m

Total Loans

$4.78 b$4.83 b$4.9 b$5 b$5.03 b$5.06 b$5.13 b$5.19 b$5.23 b$5.31 b$5.37 b
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Park National Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
Amphenol JET (Haiyan) Interconnect Technology Co., Ltd.

Park National Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Park National Corporation Online and Social Media Presence

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Park National Corporation News and Updates

Park National Corporation welcomes Dr. Frederic Bertley to board of directors

NEWARK, Ohio, July 30, 2021 (GLOBE NEWSWIRE) -- Park National Corporation (NYSE American: PRK) (Park) announced today that its board of directors has elected Dr. Frederic Bertley to serve as a director, effective September 1, 2021. Dr. Bertley will also join the board of directors of Park’s bankin…

Park National Corporation leader Daniel DeLawder announces retirement after 50 years of service

NEWARK, Ohio, April 26, 2021 (GLOBE NEWSWIRE) -- Dan DeLawder, an icon of community banking leadership in Ohio, announced today to Park National Corporation (Park) board members and shareholders his intention to retire on June 30, 2021. He will retire from his role on Park’s executive leadership t…

Park National Corporation reports financial results for first quarter 2021

NEWARK, Ohio, April 23, 2021 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the first quarter of 2021 (three months ended March 31, 2021), including net income growth driven by continued increases in lending activity. Park's board of …

Park National Corporation reports 2020 financial results

Loan activity generated income growth and supported community outreach Loan activity generated income growth and supported community outreach

Park National Corporation reports financial results for second quarter and first half of 2020

NEWARK, Ohio, July 27, 2020 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the second quarter and first half of 2020 (three and six months ended June 30, 2020). Park's board of directors declared a quarterly cash dividend of $1.02 per…

Park National Corporation reports 2019 financial results

Board increases quarterly dividend and declares special dividend Board increases quarterly dividend and declares special dividend
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Park National Corporation Frequently Asked Questions

  • When was Park National Corporation founded?

    Park National Corporation was founded in 1908.

  • Who are Park National Corporation key executives?

    Park National Corporation's key executives are C. Daniel Delawder, David L. Trautman and Brady T. Burt.

  • How many employees does Park National Corporation have?

    Park National Corporation has 1,782 employees.

  • What is Park National Corporation revenue?

    Latest Park National Corporation annual revenue is $304.5 m.

  • What is Park National Corporation revenue per employee?

    Latest Park National Corporation revenue per employee is $170.9 k.

  • Who are Park National Corporation competitors?

    Competitors of Park National Corporation include Ameris Bancorp, New York Community Bancorp and United Community Banks.

  • Where is Park National Corporation headquarters?

    Park National Corporation headquarters is located at 50 N 3rd St, Newark.

  • Where are Park National Corporation offices?

    Park National Corporation has an office in Newark.

  • How many offices does Park National Corporation have?

    Park National Corporation has 1 office.