Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in small and medium population areas. 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, inventory and accounts receivable, acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans comprising mortgage loans to developers and owners of commercial real estate; consumer loans, such as automobile loans and leases; consumer finance services; home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial loans. In addition, it offers aircraft financing and asset management services. As of December 31, 2020, the company operated 101 financial service offices and a network of 117 automated teller machines in 26 Ohio counties, 1 Kentucky county, 3 North Carolina counties, and 4 South Carolina counties. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.
IPO Year: 1994
Exchange: AMEX
Website: parknationalcorp.com
| 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 |
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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
Piper Sandler downgraded Park National from Neutral to Underweight and set a new price target of $103.00 from $115.00 previously
Boenning & Scattergood upgraded Park National from Under Perform to Neutral
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NEWARK, Ohio, July 29, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) has named Matthew R. Miller Chief Executive Officer of Park National Corporation and Park National Bank effective January 1, 2026. Miller will retain his title as president. David L. Trautman will continue to serve as Chair of the Board. "I have worked closely with Matt for the past 10 years," said Trautman. "I have witnessed his commitment to our community, his passion for service and his dedication to making this place the best it can be. He has proven to the board, to our colleagues and to me that it is time for the final authority to rest with him." As part of its succession planning, Park's b
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
NEWARK, Ohio, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the fourth quarter and full year of 2024. Park's board of directors declared a quarterly cash dividend of $1.07 per common share, payable on March 10, 2025, to common shareholders of record as of February 14, 2025. "Our consistent and measured growth stems from our team's absolute focus on meeting customer needs to produce meaningful results," said Park Chairman and Chief Executive Officer David Trautman. "Helping customers flourish remains our primary goal." Park's net income for the fourth quarter of 2024 was $38.6 million, a 57.7 percent increase from $24.5
NEWARK, Ohio, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the third quarter and first nine months of 2024. Park's board of directors declared a quarterly cash dividend of $1.06 per common share and a special one-time dividend of $0.50 per common share, both payable on December 10, 2024, to common shareholders of record as of November 15, 2024. "Our bankers remain unwavering in their desire to serve more and find creative ways to meet the needs of our customers," said Park Chairman and Chief Executive Officer David Trautman. "Our bankers are diligent, compassionate and resilient. We saw it firsthand this month a
NEWARK, Ohio, July 22, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the second quarter and first half of 2024. Park's board of directors declared a quarterly cash dividend of $1.06 per common share, payable on September 10, 2024, to common shareholders of record as of August 16, 2024. "Our performance stems from our commitment to provide consistent financial support, to remain resilient in uncertain times, and to never stop searching for new ways to serve customers," said Park Chairman and Chief Executive Officer David Trautman. "We're eager to introduce new tools that will make our banking services more accessible than ever and
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
NEWARK, Ohio, April 19, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the first quarter of 2024. Park's board of directors declared a quarterly cash dividend of $1.06 per common share, payable on June 10, 2024, to common shareholders of record as of May 17, 2024. "Park bankers meet customers when, where and how they wish. In doing so, we remain alert to service opportunities of all types," said Park Chairman and Chief Executive Officer David Trautman. "Our consistent and predictable approach helps build long-lasting relationships that customers tell us they value." Park's net income for the first quarter of 2024 was $35.2 millio
NEWARK, Ohio, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the fourth quarter and the full year of 2023. Park's board of directors declared a quarterly cash dividend of $1.06 per common share, payable on March 8, 2024, to common shareholders of record as of February 16, 2024. "We are pleased to end the year with solid loan growth for the third consecutive quarter and enter 2024 with strong asset quality," Park Chairman and Chief Executive Officer David Trautman said. "Park bankers remain committed to providing robust financial solutions in all market conditions." Park's net income for the fourth quarter of 2023
NEWARK, Ohio, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the third quarter and the first nine months of 2023. Park's board of directors declared a quarterly cash dividend of $1.05 per common share, payable on December 8, 2023, to common shareholders of record as of November 17, 2023. "In uncertain times, customers and prospects tell us they value predictability, consistency and access to their banker…Park bankers provide all three," Park Chairman and Chief Executive Officer David Trautman said. "We are pleased to report another quarter of impressive loan growth, which underscores our bankers' dedication to provide fin
10-Q - PARK NATIONAL CORP /OH/ (0000805676) (Filer)
8-K - PARK NATIONAL CORP /OH/ (0000805676) (Filer)
8-K - PARK NATIONAL CORP /OH/ (0000805676) (Filer)
8-K - PARK NATIONAL CORP /OH/ (0000805676) (Filer)
8-K - PARK NATIONAL CORP /OH/ (0000805676) (Filer)
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10-Q - PARK NATIONAL CORP /OH/ (0000805676) (Filer)
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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
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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
NEWARK, Ohio, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the fourth quarter and full year of 2024. Park's board of directors declared a quarterly cash dividend of $1.07 per common share, payable on March 10, 2025, to common shareholders of record as of February 14, 2025. "Our consistent and measured growth stems from our team's absolute focus on meeting customer needs to produce meaningful results," said Park Chairman and Chief Executive Officer David Trautman. "Helping customers flourish remains our primary goal." Park's net income for the fourth quarter of 2024 was $38.6 million, a 57.7 percent increase from $24.5
NEWARK, Ohio, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the third quarter and first nine months of 2024. Park's board of directors declared a quarterly cash dividend of $1.06 per common share and a special one-time dividend of $0.50 per common share, both payable on December 10, 2024, to common shareholders of record as of November 15, 2024. "Our bankers remain unwavering in their desire to serve more and find creative ways to meet the needs of our customers," said Park Chairman and Chief Executive Officer David Trautman. "Our bankers are diligent, compassionate and resilient. We saw it firsthand this month a
NEWARK, Ohio, July 22, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the second quarter and first half of 2024. Park's board of directors declared a quarterly cash dividend of $1.06 per common share, payable on September 10, 2024, to common shareholders of record as of August 16, 2024. "Our performance stems from our commitment to provide consistent financial support, to remain resilient in uncertain times, and to never stop searching for new ways to serve customers," said Park Chairman and Chief Executive Officer David Trautman. "We're eager to introduce new tools that will make our banking services more accessible than ever and
NEWARK, Ohio, April 19, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the first quarter of 2024. Park's board of directors declared a quarterly cash dividend of $1.06 per common share, payable on June 10, 2024, to common shareholders of record as of May 17, 2024. "Park bankers meet customers when, where and how they wish. In doing so, we remain alert to service opportunities of all types," said Park Chairman and Chief Executive Officer David Trautman. "Our consistent and predictable approach helps build long-lasting relationships that customers tell us they value." Park's net income for the first quarter of 2024 was $35.2 millio
NEWARK, Ohio, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the fourth quarter and the full year of 2023. Park's board of directors declared a quarterly cash dividend of $1.06 per common share, payable on March 8, 2024, to common shareholders of record as of February 16, 2024. "We are pleased to end the year with solid loan growth for the third consecutive quarter and enter 2024 with strong asset quality," Park Chairman and Chief Executive Officer David Trautman said. "Park bankers remain committed to providing robust financial solutions in all market conditions." Park's net income for the fourth quarter of 2023
NEWARK, Ohio, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the third quarter and the first nine months of 2023. Park's board of directors declared a quarterly cash dividend of $1.05 per common share, payable on December 8, 2023, to common shareholders of record as of November 17, 2023. "In uncertain times, customers and prospects tell us they value predictability, consistency and access to their banker…Park bankers provide all three," Park Chairman and Chief Executive Officer David Trautman said. "We are pleased to report another quarter of impressive loan growth, which underscores our bankers' dedication to provide fin
NEWARK, Ohio, July 24, 2023 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the second quarter and first half of 2023. Park's board of directors declared a quarterly cash dividend of $1.05 per common share, payable on September 8, 2023, to common shareholders of record as of August 18, 2023. "Amidst a rapidly evolving economy, Park has demonstrated exceptional financial strength, supported by robust capital and liquidity," said Park Chairman and Chief Executive Officer David L. Trautman. "Our strong capital position allows us to weather uncertainties and offers long-term stability for our stakeholders." Park's net income for th
NEWARK, Ohio, April 21, 2023 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE:PRK) today reported financial results for the first quarter of 2023. Park's board of directors declared a quarterly cash dividend of $1.05 per common share, payable on June 9, 2023 to common shareholders of record as of May 19, 2023. "Our associates serve customers when, where and how they prefer to be served. This produces solid financial results for our organization," said Park Chairman and Chief Executive Officer, David Trautman. "Our colleagues' commitment transcends banking, and begins with improving our communities." Park's net income for the first quarter of 2023 was $33.7 million,
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