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. It 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. The company 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.
Type
Public
HQ
Newark, US
Founded
1908
Size (employees)
1,726 (est)-3%
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 Metrics

Park National Corporation Financial Metrics

Revenue (2016)

$276.3 m

Revenue growth (2015-16), %

4%

Net income (2016)

$86.1 m

Cash (31-Dec-2016)

$146.4 m
Park National Corporation's revenue was reported to be $276.3 m in FY, 2016 which is a 4% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$262.9 m$265.1 m$265.1 m$276.3 m

Revenue growth, %

1%(0%)4%

Net Income

$77.2 m$84.1 m$81 m$86.1 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$147 m$237.7 m$149.5 m$146.4 m

Accounts Receivable

$18.3 m$17.7 m$18.7 m$18.8 m

Inventories

PP&E

$55.3 m$55.5 m$59.5 m$58 m

Goodwill

$72.3 m$72.3 m$72.3 m$72.3 m

Total Assets

$6.6 b$7 b$7.3 b$7.5 b

Accounts Payable

$2.9 m$2.6 m$2.3 m$2.2 m

Total Debt

$1.1 b$1.1 b$1.1 b$1.1 b

Retained Earnings

$460.6 m$486.5 m$507.5 m$535.6 m

Total Equity

$713.4 m$742.2 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
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$77.2 m$84.1 m$81 m$86.1 m

Depreciation and Amortization

$7.2 m$7.3 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$114.6 m$122.7 m$88.7 m$87.9 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 m$218.5 m$61.7 m

Interest Paid

$40.4 m$37.7 m$38.4 m

Income Taxes Paid

$27.8 m$26.1 m$27.3 m

Park National Corporation Company Life

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