Piper Sandler downgraded Park National from Neutral to Underweight and set a new price target of $103.00 from $115.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/21/2025 | Mkt Perform | Raymond James | |
| 2/20/2025 | $185.50 | Neutral | Piper Sandler |
| 2/23/2024 | Neutral | Piper Sandler | |
| 5/15/2023 | $115.00 → $103.00 | Neutral → Underweight | Piper Sandler |
| 8/11/2021 | Under Perform → Neutral | Boenning & Scattergood |
Raymond James initiated coverage of Park National with a rating of Mkt Perform
Piper Sandler resumed coverage of Park National with a rating of Neutral and set a new price target of $185.50
Piper Sandler resumed coverage of Park National with a rating of Neutral
On October 27, 2025, Newark, OH-based Park National Corporation (NYSE:PRK) ("Park" or "the company") announced a definitive agreement to acquire Dyersburg, TN-based First Citizens Bancshares, Inc. (FIZN) in an all-stock transaction valued at approximately $317 million, representing 1.68x tangible book value at the time of deal announcement. The transaction is expected to close in 1Q26, pending shareholder and regulatory approvals, with integration anticipated in 3Q26. Upon completion, First Citizens National Bank will merge into The Park National Bank, and the combined company will have approximately $12.7 billion in assets, $9.5 billion in loans, and $10.4 billion in deposits on a pro form
NEWARK, Ohio and DYERSBURG, Tenn., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Park National Corporation ("Park") (NYSE:PRK) and First Citizens Bancshares, Inc. ("FIZN") (OTCEM: FIZN) have signed a definitive merger agreement, pursuant to which FIZN will merge with and into Park (the "parent merger"). Following the parent merger, First Citizens National Bank (First Citizens), the bank subsidiary of FIZN, will merge with and into Park's bank subsidiary, The Park National Bank (the "bank merger"). After closing, First Citizens' CEO and President, Jeff Agee, will lead the new Tennessee Region of Park National Bank. One current FIZN director will join Park's Board of Directors, and Park will maintain Fi
NEWARK, Ohio, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the third quarter and first nine months of 2025. Park's board of directors declared a quarterly cash dividend of $1.07 per common share and a special one-time dividend of $1.25 per common share, both payable on December 10, 2025, to common shareholders of record as of November 21, 2025. "Our performance is sustained by the strength of our team and the faith our customers place in us to be there for them when, where and how they think best," said Park CEO and Chairman David L. Trautman. "As we enter the final quarter of 2025, we remain focused on deepening relati
4 - PARK NATIONAL CORP /OH/ (0000805676) (Issuer)
4 - PARK NATIONAL CORP /OH/ (0000805676) (Issuer)
4 - PARK NATIONAL CORP /OH/ (0000805676) (Issuer)
NEWARK, Ohio, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the third quarter and first nine months of 2025. Park's board of directors declared a quarterly cash dividend of $1.07 per common share and a special one-time dividend of $1.25 per common share, both payable on December 10, 2025, to common shareholders of record as of November 21, 2025. "Our performance is sustained by the strength of our team and the faith our customers place in us to be there for them when, where and how they think best," said Park CEO and Chairman David L. Trautman. "As we enter the final quarter of 2025, we remain focused on deepening relati
NEWARK, Ohio, July 28, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the second quarter and first half of 2025. Park's board of directors declared a quarterly cash dividend of $1.07 per common share, payable on September 10, 2025, to common shareholders of record as of August 15, 2025. "Our quarterly and mid-year performance reflects our organization's soundness and our bankers' unwavering dedication," said Park Chairman and CEO David Trautman. "Their commitment to serving our customers and communities with integrity and care continues to set us apart. We remain focused on navigating change, serving our customers and delivering l
NEWARK, Ohio, April 25, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the first quarter of 2025. Park's board of directors declared a quarterly cash dividend of $1.07 per common share, payable on June 10, 2025, to common shareholders of record as of May 16, 2025. "Our first quarter performance reflects our commitment to providing consistent financial support and a measure of predictability in dynamic market conditions," said Park Chairman and CEO David Trautman. "In a world buffeted by extremes, our greatest opportunity to serve more is through continuing to build authentic relationships and showing up as a steady, reliable par
10-Q - PARK NATIONAL CORP /OH/ (0000805676) (Filer)
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8-K - PARK NATIONAL CORP /OH/ (0000805676) (Filer)
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SC 13G/A - PARK NATIONAL CORP /OH/ (0000805676) (Subject)
SC 13G/A - PARK NATIONAL CORP /OH/ (0000805676) (Subject)
NEWARK, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- Park National Corporation's (NYSE:PRK) (Park) board of directors announced today that they elected Karen Morrison and Kelly Gratz to serve as directors effective July 1, 2024. Both will also join the board of directors of The Park National Bank, Park's banking subsidiary, effective on the same date. These elections expand Park's board to 16 directors, including one director emeritus. "Karen and Kelly bring wisdom and a variety of experiences to Park," said Park Chair and Chief Executive Officer David Trautman. "We're fortunate they are willing to offer their considerable talents to us as we continue to grow and find new ways to serve our stak