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Park National (PRK) Financials

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$198.12 0.00 (0.00%)
As of 08/28/2026 04:00 PM Eastern
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Annual Income Statements for Park National

Annual Income Statements for Park National

This table shows Park National's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 81 86 73 110 103 128 154 148 127 151 180
Consolidated Net Income / (Loss)		 81 86 84 97 103 128 154 148 127 151 180
Net Income / (Loss) Continuing Operations		 81 86 73 97 103 128 154 148 127 151 180
Total Pre-Tax Income 		114 123 118 131 125 155 188 180 154 185 221
Total Revenue		 305 322 319 354 395 445 452 471 458 505 548
Net Interest Income / (Expense)		 228 238 244 267 298 328 330 347 373 398 437
Total Interest Income		 265 276 286 311 361 358 346 378 472 523 545
Loans and Leases Interest Income		 228 242 249 271 321 329 317 323 400 468 500
Investment Securities Interest Income		 36 33 35 38 35 28 28 47 64 47 30
Other Interest Income		 0.89 1.02 3.09 1.41 3.95 0.74 0.88 8.13 8.12 8.12 15
Total Interest Expense		 37 38 43 44 63 30 16 31 99 125 107
Deposits Interest Expense		 12 13 19 32 51 21 6.31 21 84 112 100
Short-Term Borrowings Interest Expense		 0.47 0.46 0.99 1.60 2.48 1.11 0.77 1.40 4.72 3.14 1.16
Long-Term Debt Interest Expense		 25 24 23 10 9.45 7.65 8.89 8.83 9.38 9.43 6.29
Total Non-Interest Income		 78 84 86 101 97 126 130 136 93 123 120
Other Service Charges		 51 14 23 26 9.08 106 112 97 87 97 101
Net Realized & Unrealized Capital Gains on Investments		 2.45 1.32 3.28 9.41 4.48 6.68 5.01 8.57 -6.90 2.55 2.41
Other Non-Interest Income		 4.19 69 60 59 84 4.89 4.96 18 5.34 7.77 6.61
Provision for Credit Losses		 4.99 -5.10 8.56 7.95 6.17 12 -12 4.56 2.90 15 11
Total Non-Interest Expense		 187 204 203 229 264 287 284 298 309 321 324
Salaries and Employee Benefits		 107 111 117 134 156 165 167 174 182 189 193
Net Occupancy & Equipment Expense		 27 30 33 36 41 44 54 58 63 63 67
Marketing Expense		 3.98 4.52 4.37 5.14 5.75 5.83 6.07 5.34 5.47 6.32 6.07
Other Operating Expenses		 49 59 49 53 57 61 46 47 50 46 47
Amortization Expense		 - 0.00 0.00 0.58 2.36 2.26 1.80 1.49 1.32 1.22 1.04
Income Tax Expense		 33 37 34 21 22 27 34 32 27 33 41
Basic Earnings per Share		 $5.27 $5.62 $5.51 $7.13 $6.33 $7.85 $9.45 $9.13 $7.84 $9.38 $11.18
Weighted Average Basic Shares Outstanding		 15.36M 15.33M 15.30M 15.61M 16.27M 16.31M 16.22M 16.26M 16.12M 16.16M 18.07M
Diluted Earnings per Share		 $5.26 $5.59 $5.47 $7.07 $6.29 $7.80 $9.37 $9.06 $7.80 $9.32 $11.11
Weighted Average Diluted Shares Outstanding		 15.36M 15.33M 15.30M 15.61M 16.27M 16.31M 16.22M 16.26M 16.12M 16.16M 18.07M
Weighted Average Basic & Diluted Shares Outstanding		 15.36M 15.33M 15.30M 15.61M 16.27M 16.31M 16.22M 16.26M 16.12M 16.16M 18.07M
Cash Dividends to Common per Share		 $3.76 $3.76 $3.76 $4.07 $4.24 $4.28 - $4.66 $4.20 $4.74 $5.53

Quarterly Income Statements for Park National

This table shows Park National's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 28 35 39 38 43 42 48 47 43 42 59
Consolidated Net Income / (Loss)		 25 35 39 38 39 42 48 47 43 42 59
Net Income / (Loss) Continuing Operations		 28 35 39 38 43 42 48 47 43 42 59
Total Pre-Tax Income 		30 42 48 47 47 51 59 58 53 52 73
Total Revenue		 107 122 127 138 123 130 141 142 135 160 178
Net Interest Income / (Expense)		 95 96 98 101 103 104 109 111 113 126 139
Total Interest Income		 125 127 129 134 134 132 136 139 137 155 172
Loans and Leases Interest Income		 108 111 115 120 121 121 126 127 127 142 155
Investment Securities Interest Income		 15 13 12 12 9.99 8.40 8.20 7.16 5.75 8.07 11
Other Interest Income		 1.41 2.12 1.25 2.00 2.75 3.15 2.76 5.14 3.70 4.67 6.19
Total Interest Expense		 30 31 31 33 30 28 28 28 24 29 33
Deposits Interest Expense		 26 27 28 30 27 25 25 26 24 28 33
Short-Term Borrowings Interest Expense		 2.03 1.46 0.81 0.49 0.37 0.29 0.30 0.31 0.27 0.47 0.60
Long-Term Debt Interest Expense		 2.37 2.36 2.36 2.37 2.34 2.33 2.33 1.63 - 0.15 0.23
Total Non-Interest Income		 16 26 29 37 31 26 32 31 31 34 40
Other Service Charges		 52 9.88 11 2.38 73 8.76 10 12 71 11 30
Net Realized & Unrealized Capital Gains on Investments		 -7.52 -0.96 0.35 7.34 -4.54 -0.86 2.48 -0.50 1.50 1.88 4.56
Other Non-Interest Income		 -32 17 17 27 -49 18 20 19 -50 21 4.57
Provision for Credit Losses		 1.81 2.18 3.11 5.32 3.94 0.76 2.85 4.03 3.85 2.67 4.58
Total Non-Interest Expense		 79 77 75 86 83 78 79 79 88 105 101
Salaries and Employee Benefits		 46 47 46 49 47 47 48 49 50 57 58
Net Occupancy & Equipment Expense		 16 15 15 18 16 16 17 17 18 20 22
Marketing Expense		 1.72 1.74 1.16 1.46 1.95 1.53 1.30 1.51 1.74 1.56 1.55
Other Operating Expenses		 7.37 13 13 17 2.46 13 13 12 8.71 25 17
Amortization Expense		 0.33 0.32 0.32 0.29 0.29 0.27 0.27 0.25 0.25 1.28 2.07
Income Tax Expense		 5.24 7.21 8.96 8.43 8.70 9.05 11 11 10 9.99 14
Basic Earnings per Share		 $1.52 $2.18 $2.44 $2.37 $2.39 $2.61 $2.98 $2.93 $2.66 $2.40 $3.25
Weighted Average Basic Shares Outstanding		 16.12M 16.12M 16.15M 16.15M 16.16M 16.16M 16.13M 16.07M 18.07M 17.38M 18.09M
Diluted Earnings per Share		 $1.51 $2.17 $2.42 $2.35 $2.38 $2.60 $2.97 $2.92 $2.62 $2.39 $3.23
Weighted Average Diluted Shares Outstanding		 16.12M 16.19M 16.24M 16.26M 16.16M 16.24M 16.22M 16.17M 18.07M 17.46M 18.18M
Weighted Average Basic & Diluted Shares Outstanding		 16.12M 16.15M 16.15M 16.16M 16.16M 16.19M 16.07M 16.08M 18.07M 18.10M 18.06M
Cash Dividends to Common per Share		 - $1.06 $1.06 $1.06 - $1.07 $1.07 $1.07 - $1.10 $1.10

Annual Cash Flow Statements for Park National

This table details how cash moves in and out of Park National's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 91 -88 -3.01 -1.90 -7.26 211 -146 -6.86 29 -58 73
Net Cash From Operating Activities		 72 89 88 132 112 112 157 137 151 179 198
Net Cash From Continuing Operating Activities		 72 90 -277 132 121 -588 162 159 151 176 209
Net Income / (Loss) Continuing Operations		 84 81 0.00 110 103 128 154 148 127 151 180
Consolidated Net Income / (Loss)		 84 81 - 110 103 128 154 148 127 151 180
Provision For Loan Losses		 -7.33 - -5.10 7.95 6.17 12 -12 4.56 2.90 15 18
Depreciation Expense		 7.24 7.35 8.40 8.59 9.12 11 13 14 14 12 11
Amortization Expense		 8.98 1.56 8.44 2.43 1.56 -13 -16 -0.68 3.30 0.84 -0.88
Non-Cash Adjustments to Reconcile Net Income		 -8.48 -1.26 -284 -14 -13 -27 16 -8.40 7.79 -12 -0.40
Changes in Operating Assets and Liabilities, net		 -13 0.92 -5.04 16 14 -698 6.88 1.59 -3.52 8.35 1.01
Net Cash From Investing Activities		 -230 -395 -153 45 60 -456 -412 -405 64 -19 86
Net Cash From Continuing Investing Activities		 -230 307 -153 45 60 -456 -412 -406 62 -17 87
Purchase of Property, Leasehold Improvements and Equipment		 -7.44 -11 -7.47 -12 -15 -29 -14 -7.94 -7.59 -9.18 -6.37
Purchase of Investment Securities		 -596 -64 -938 -440 -231 -985 -650 -618 -366 -372 -330
Sale and/or Maturity of Investments		 353 365 793 496 305 551 252 220 444 376 439
Other Investing Activities, net		 - 17 - 1.15 0.39 2.12 - - -9.36 -11 -16
Net Cash From Financing Activities		 249 218 62 -179 -179 555 104 239 -186 -217 -212
Net Cash From Continuing Financing Activities		 249 218 62 -179 -179 1,254 104 239 -186 -217 -221
Net Change in Deposits		 338 - 174 160 160 1,230 332 330 -192 101 90
Repayment of Debt		 -189 -80 -56 -320 -278 -69 -33 - 101 -238 -199
Repurchase of Common Equity		 - - - -5.78 -41 -7.51 -16 0.00 -23 0.00 -20
Payment of Dividends		 -58 -58 -58 -63 -69 -70 -74 -77 -69 -77 -90
Other Financing Activities, Net		 -2.36 214 0.00 -0.61 -0.83 -1.00 -2.40 -2.76 -2.84 -3.12 -2.95
Cash Interest Paid		 40 - 38 44 63 29 17 31 95 124 111
Cash Income Taxes Paid		 28 26 27 7.35 15 24 26 25 17 23 34

Quarterly Cash Flow Statements for Park National

This table details how cash moves in and out of Park National's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 199 88 -123 -136 185 77 -44 26 15 750 -403
Net Cash From Operating Activities		 54 35 51 44 49 38 50 53 58 31 57
Net Cash From Continuing Operating Activities		 258 34 -28 -32 273 38 50 53 69 31 58
Net Income / (Loss) Continuing Operations		 229 35 -39 -38 264 42 48 47 43 42 59
Consolidated Net Income / (Loss)		 229 35 -39 -38 264 42 48 47 43 42 59
Provision For Loan Losses		 1.81 2.18 3.11 5.32 3.94 0.76 2.85 4.03 10 2.67 4.58
Depreciation Expense		 3.38 3.12 3.07 2.96 3.08 2.91 2.83 2.83 2.63 2.85 2.96
Amortization Expense		 0.47 0.53 0.20 0.23 -0.12 0.33 -0.10 0.00 -1.11 -0.48 -2.58
Non-Cash Adjustments to Reconcile Net Income		 7.67 0.69 -2.79 -8.48 -1.02 2.00 -2.01 1.64 -2.26 -1.63 -9.40
Changes in Operating Assets and Liabilities, net		 16 -7.51 7.62 6.15 2.49 -11 -2.02 -3.08 17 -14 3.33
Net Cash From Investing Activities		 185 32 -73 -12 33 11 -107 106 76 286 -92
Net Cash From Continuing Investing Activities		 184 32 -72 -12 36 11 -107 106 77 160 34
Purchase of Property, Leasehold Improvements and Equipment		 -1.73 -3.14 -1.86 -2.09 -2.09 -1.08 -1.32 -1.50 -2.48 -4.27 -6.69
Purchase of Investment Securities		 -146 -54 -155 -80 -79 -99 -147 -25 -59 -513 -160
Sale and/or Maturity of Investments		 331 93 85 70 126 116 37 145 141 677 62
Net Cash From Financing Activities		 -244 21 -23 -92 -123 28 13 -133 -120 433 -368
Net Cash From Continuing Financing Activities		 -244 21 -23 -92 -123 28 13 -133 -130 433 -362
Net Change in Deposits		 -202 263 6.47 -98 -71 58 36 92 -96 537 -329
Repayment of Debt		 - -222 -11 - - -9.46 15 -208 3.59 -81 -13
Payment of Dividends		 -17 -17 -18 -17 -25 -18 -18 -17 -37 -20 -21
Other Financing Activities, Net		 - -2.98 - -0.14 - -2.95 - - - -2.89 -0.10
Cash Interest Paid		 27 32 28 35 29 30 25 31 25 30 34

Annual Balance Sheets for Park National

This table presents Park National's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 7,311 7,468 7,538 7,804 8,558 9,279 9,560 9,855 9,836 9,805 9,805
Cash and Due from Banks		 119 123 132 142 136 156 145 157 160 122 137
Trading Account Securities		 1,644 1,580 1,513 1,428 1,280 1,125 1,815 1,821 1,429 1,101 802
Loans and Leases, Net of Allowance		 5,012 5,221 5,322 5,641 6,445 7,092 6,788 7,057 0.00 0.00 7,958
Premises and Equipment, Net		 59 58 56 60 73 89 89 82 74 70 62
Goodwill		 72 72 72 113 160 160 160 160 160 160 160
Intangible Assets		 51 53 50 50 65 65 66 67 67 70 72
Other Assets		 335 342 370 341 377 568 474 478 7,906 8,247 614
Total Liabilities & Shareholders' Equity		 7,311 7,468 7,538 7,804 8,558 9,279 9,560 9,855 9,836 9,805 9,805
Total Liabilities		 6,598 6,725 6,782 6,972 7,589 8,239 8,449 8,786 8,691 8,562 8,452
Non-Interest Bearing Deposits		 1,404 1,523 1,634 1,805 1,960 2,727 3,066 3,074 2,628 2,613 2,656
Interest Bearing Deposits		 3,944 3,999 4,183 4,456 5,093 4,845 4,838 5,160 5,414 5,531 5,588
Short-Term Debt		 394 395 391 222 231 342 239 227 328 90 82
Accrued Interest Payable		 2.34 2.15 2.28 2.63 2.93 3.86 3.12 3.49 6.86 7.86 4.08
Long-Term Debt		 783 739 515 415 208 220 188 189 189 190 0.00
Other Long-Term Liabilities		 71 67 56 71 96 100 115 132 124 130 123
Total Equity & Noncontrolling Interests		 713 742 756 833 969 1,040 1,111 1,069 1,145 1,244 1,353
Total Preferred & Common Equity		 713 742 756 833 969 1,040 1,111 1,069 1,145 1,244 1,353
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 713 742 756 833 969 1,040 1,111 1,069 1,145 1,244 1,353
Common Stock		 304 306 308 359 459 461 462 462 463 464 465
Retained Earnings		 508 536 562 614 647 705 776 847 904 978 1,068
Treasury Stock		 -82 -81 -87 -90 -128 -131 -142 -138 -156 -151 -167
Accumulated Other Comprehensive Income / (Loss)		 -16 -18 -26 -50 -9.59 5.57 15 -102 -66 -46 -13
Noncontrolling Interest		 - - - - - - - - - - 0.00

Quarterly Balance Sheets for Park National

This table presents Park National's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
Total Assets		 9,857 9,900 10,001 9,881 9,920 9,903 9,887 9,950 9,862 12,984 12,677
Cash and Due from Banks		 146 160 140 112 143 147 155 148 122 152 144
Trading Account Securities		 1,800 1,757 1,709 1,340 1,265 1,233 1,042 1,063 927 1,367 1,389
Loans and Leases, Net of Allowance		 0.00 7,121 7,265 7,440 7,578 7,644 7,796 7,873 7,901 9,559 9,621
Premises and Equipment, Net		 81 79 77 74 72 71 66 64 62 93 96
Goodwill		 160 160 160 160 160 160 160 160 160 263 264
Intangible Assets		 65 57 65 65 72 71 67 75 74 107 113
Other Assets		 7,605 524 538 691 630 577 601 566 617 1,443 1,049
Total Liabilities & Shareholders' Equity		 9,857 9,900 10,001 9,881 9,920 9,903 9,887 9,950 9,862 12,984 12,677
Total Liabilities		 8,775 8,811 8,915 8,719 8,737 8,664 8,608 8,655 8,530 11,282 10,948
Non-Interest Bearing Deposits		 2,922 2,796 2,733 2,587 2,542 2,517 2,638 2,620 2,602 3,059 3,085
Interest Bearing Deposits		 5,372 5,563 5,512 5,719 5,770 5,698 5,564 5,618 5,728 7,942 7,585
Short-Term Debt		 172 144 353 106 94 117 81 96 78 135 122
Accrued Interest Payable		 1.66 4.05 3.28 5.49 8.81 6.35 5.82 7.89 4.63 7.11 6.23
Long-Term Debt		 189 189 189 189 189 190 190 190 0.00 15 15
Other Long-Term Liabilities		 118 115 126 112 131 136 117 124 118 124 134
Total Equity & Noncontrolling Interests		 1,082 1,089 1,086 1,162 1,183 1,239 1,279 1,294 1,332 1,702 1,729
Total Preferred & Common Equity		 1,082 1,089 1,086 1,162 1,183 1,239 1,279 1,294 1,332 1,700 1,727
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 1,082 1,089 1,086 1,162 1,183 1,239 1,279 1,294 1,332 1,700 1,727
Common Stock		 459 461 462 460 461 462 460 461 463 783 785
Retained Earnings		 863 877 897 921 943 964 1,002 1,033 1,063 1,090 1,128
Treasury Stock		 -150 -152 -157 -152 -152 -152 -148 -168 -168 -164 -170
Accumulated Other Comprehensive Income / (Loss)		 -90 -97 -116 -66 -68 -35 -35 -32 -26 -8.55 -17
Noncontrolling Interest		 - - - - - - - - - 2.06 2.06

Annual Metrics And Ratios for Park National

This table displays calculated financial ratios and metrics derived from Park National's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $5.27 $5.62 $5.51 $7.13 $6.33 $7.85 $9.45 $9.13 $7.84 $9.38 $11.18
Adjusted Weighted Average Basic Shares Outstanding		 15.33M 15.29M 15.29M 15.61M 16.27M 16.31M 16.22M 16.26M 16.12M 16.16M 18.07M
Adjusted Diluted Earnings per Share		 $5.26 $5.59 $5.47 $7.07 $6.29 $7.80 $9.37 $9.06 $7.80 $9.32 $11.11
Adjusted Weighted Average Diluted Shares Outstanding		 15.33M 15.29M 15.29M 15.61M 16.27M 16.31M 16.22M 16.26M 16.12M 16.16M 18.07M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 15.33M 15.29M 15.29M 15.61M 16.27M 16.31M 16.22M 16.26M 16.12M 16.16M 18.07M
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Quarterly Metrics And Ratios for Park National

This table displays calculated financial ratios and metrics derived from Park National's official financial filings.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 - - - - - - - - - 18,066,393.00 18,096,089.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 18,066,393.00 18,096,089.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 2.31 3.25
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -1.91% 4.45% 8.62% 12.84% 15.26% 6.81% 11.49% 2.87% - 22.58% 26.36%
EBITDA Growth		 -9.10% 3.81% 20.72% -0.97% 30.48% 18.20% 20.42% 22.22% - -0.73% 18.38%
EBIT Growth		 -8.14% 6.35% 26.48% 1.95% 38.44% 20.72% 22.80% 24.55% - 0.93% 22.77%
NOPAT Growth		 -25.95% 4.36% 24.65% 3.52% 57.67% 19.75% 22.23% 23.40% - -1.11% 22.10%
Net Income Growth		 -25.95% 4.36% 24.65% 3.52% 57.67% 19.75% 22.23% 23.40% - -1.11% 22.10%
EPS Growth		 -24.88% 4.83% 24.74% 3.07% 57.62% 19.82% 22.73% 24.26% - -8.08% 8.75%
Operating Cash Flow Growth		 14.31% 41.93% 52.06% 11.81% -8.43% 8.15% -2.33% 20.14% - -18.09% 15.50%
Free Cash Flow Firm Growth		 -204.28% -65.62% -130.54% 167.64% 110.82% -339.60% -947.55% 54.00% - -415.51% -250.61%
Invested Capital Growth		 0.00% 0.98% 3.20% -4.98% -8.34% 6.36% 7.70% -8.82% - 19.50% 18.10%
Revenue Q/Q Growth		 -12.44% 10.30% 7.48% 8.70% -10.56% 5.70% 8.50% 0.29% - 18.22% 11.84%
EBITDA Q/Q Growth		 -40.76% 43.13% 22.81% -3.44% -21.95% 39.98% 14.02% -1.85% - 20.61% 35.50%
EBIT Q/Q Growth		 -43.27% 47.97% 25.84% -3.48% -22.97% 42.50% 15.91% -2.10% - 19.35% 41.00%
NOPAT Q/Q Growth		 -33.63% 43.69% 11.83% -2.93% 1.08% 9.13% 14.14% -2.00% - -2.23% 40.94%
Net Income Q/Q Growth		 -33.63% 43.69% 11.83% -2.93% 1.08% 9.13% 14.14% -2.00% - -2.23% 40.94%
EPS Q/Q Growth		 -33.77% 43.71% 11.52% -2.89% 1.28% 9.24% 14.23% -1.68% - -8.78% 35.15%
Operating Cash Flow Q/Q Growth		 35.43% -35.41% 45.98% -12.27% 10.91% -23.09% 31.20% 5.84% - -46.98% 85.25%
Free Cash Flow Firm Q/Q Growth		 -829.47% 101.29% -129.33% 2,026.86% 48.74% -128.50% -28.26% 383.26% - -297.25% 12.77%
Invested Capital Q/Q Growth		 2.17% -12.36% 0.69% 5.40% -1.45% 1.70% 1.95% -10.77% - 29.10% 0.76%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 27.91% 35.67% 40.75% 36.20% 31.59% 41.84% 43.97% 43.03% - 33.89% 41.05%
EBIT Margin		 24.30% 32.60% 38.17% 33.89% 29.19% 39.35% 42.04% 41.03% - 32.40% 40.84%
Profit (Net Income) Margin		 22.94% 29.88% 31.09% 27.77% 31.38% 32.40% 34.08% 33.31% - 26.13% 32.93%
Tax Burden Percent		 82.38% 83.00% 81.46% 81.93% 81.61% 82.33% 81.08% 81.17% - 80.67% 80.63%
Interest Burden Percent		 114.59% 110.44% 100.00% 100.00% 131.73% 100.00% 100.00% 100.00% - 100.00% 100.00%
Effective Tax Rate		 17.62% 17.00% 18.54% 18.07% 18.39% 17.67% 18.92% 18.83% - 19.33% 19.37%
Return on Invested Capital (ROIC)		 12.64% 9.54% 10.19% 8.55% 9.95% 11.07% 11.81% 11.99% - 8.87% 11.74%
ROIC Less NNEP Spread (ROIC-NNEP)		 12.64% 9.54% 10.19% 8.55% 9.95% 11.07% 11.81% 11.99% - 8.87% 11.74%
Return on Net Nonoperating Assets (RNNOA)		 5.71% 2.79% 2.76% 3.12% 3.32% 2.57% 2.71% 1.80% - 1.25% 1.64%
Return on Equity (ROE)		 18.35% 12.34% 12.95% 11.68% 13.27% 13.63% 14.53% 13.78% - 10.12% 13.39%
Cash Return on Invested Capital (CROIC)		 -184.75% 7.87% 6.26% 13.76% 18.21% 4.37% 3.56% 21.14% - -7.21% -5.56%
Operating Return on Assets (OROA)		 2.26% 1.53% 1.82% 1.66% 1.50% 2.04% 2.23% 2.21% - 1.64% 2.22%
Return on Assets (ROA)		 2.14% 1.40% 1.48% 1.36% 1.61% 1.68% 1.81% 1.79% - 1.32% 1.79%
Return on Common Equity (ROCE)		 18.35% 12.34% 12.95% 11.68% 13.27% 13.63% 14.53% 13.78% - 10.11% 13.38%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 11.03% 11.49% 11.08% 0.00% 12.38% 12.91% 13.22% - 10.57% 11.02%
Net Operating Profit after Tax (NOPAT)		 25 35 39 38 39 42 48 47 - 42 59
NOPAT Margin		 22.94% 29.88% 31.09% 27.77% 31.38% 32.40% 34.08% 33.31% - 26.13% 32.93%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00% 0.00%
SG&A Expenses to Revenue		 59.70% 53.99% 48.93% 49.45% 52.87% 49.65% 46.39% 47.34% - 49.56% 45.77%
Operating Expenses to Revenue		 74.01% 65.55% 59.38% 62.25% 67.62% 60.07% 55.94% 56.12% - 65.93% 56.59%
Earnings before Interest and Taxes (EBIT)		 26 38 48 47 36 51 59 58 - 52 73
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 30 42 52 50 39 54 62 61 - 54 73
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.80 1.86 1.93 2.19 2.21 1.91 2.09 1.96 - 1.74 1.92
Price to Tangible Book Value (P/TBV)		 2.25 2.30 2.40 2.69 2.71 2.32 2.56 2.38 - 2.22 2.45
Price to Revenue (P/Rev)		 4.51 4.66 4.83 5.55 5.45 4.76 5.13 4.91 - 5.12 5.39
Price to Earnings (P/E)		 16.29 16.87 16.82 19.79 18.18 15.45 16.20 14.84 - 16.44 17.41
Dividend Yield		 3.28% 3.14% 2.98% 2.52% 2.78% 3.14% 2.85% 2.93% - 3.40% 2.37%
Earnings Yield		 6.14% 5.93% 5.94% 5.05% 5.50% 6.47% 6.17% 6.74% - 6.08% 5.74%
Enterprise Value to Invested Capital (EV/IC)		 1.46 1.61 1.65 1.86 1.91 1.65 1.80 1.82 - 1.59 1.77
Enterprise Value to Revenue (EV/Rev)		 5.28 5.06 5.12 5.88 5.76 4.99 5.39 4.83 - 5.12 5.38
Enterprise Value to EBITDA (EV/EBITDA)		 14.82 14.20 13.96 16.58 15.96 13.44 14.14 12.10 - 13.31 14.18
Enterprise Value to EBIT (EV/EBIT)		 16.58 15.79 15.31 18.03 17.19 14.39 15.05 12.81 - 13.90 14.63
Enterprise Value to NOPAT (EV/NOPAT)		 19.10 18.27 17.83 20.92 19.22 16.18 17.03 14.59 - 16.44 17.38
Enterprise Value to Operating Cash Flow (EV/OCF)		 16.02 14.57 13.62 15.72 16.27 14.10 15.77 13.57 - 15.42 16.60
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 20.53 26.82 13.16 10.03 39.02 52.51 8.22 - 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.45 0.25 0.24 0.25 0.23 0.21 0.22 0.06 - 0.09 0.08
Long-Term Debt to Equity		 0.17 0.16 0.16 0.15 0.15 0.15 0.15 0.00 - 0.01 0.01
Financial Leverage		 0.45 0.29 0.27 0.37 0.33 0.23 0.23 0.15 - 0.14 0.14
Leverage Ratio		 8.59 8.80 8.72 8.56 8.22 8.10 8.02 7.69 - 7.67 7.48
Compound Leverage Factor		 9.84 9.71 8.72 8.56 10.83 8.10 8.02 7.69 - 7.67 7.48
Debt to Total Capital		 31.12% 20.25% 19.35% 19.85% 18.38% 17.47% 18.07% 5.54% - 8.11% 7.36%
Short-Term Debt to Total Capital		 19.74% 7.27% 6.44% 7.59% 5.93% 5.23% 6.05% 5.54% - 7.30% 6.56%
Long-Term Debt to Total Capital		 11.38% 12.99% 12.91% 12.26% 12.44% 12.25% 12.02% 0.00% - 0.81% 0.80%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.11% 0.11%
Common Equity to Total Capital		 68.88% 79.75% 80.65% 80.15% 81.62% 82.53% 81.93% 94.46% - 91.78% 92.53%
Debt to EBITDA		 3.17 1.79 1.63 1.77 1.54 1.42 1.42 0.37 - 0.68 0.59
Net Debt to EBITDA		 2.18 1.11 0.81 0.92 0.86 0.61 0.68 -0.20 - -0.01 -0.03
Long-Term Debt to EBITDA		 1.16 1.15 1.09 1.09 1.04 1.00 0.94 0.00 - 0.07 0.06
Debt to NOPAT		 4.08 2.30 2.09 2.24 1.85 1.71 1.71 0.44 - 0.84 0.72
Net Debt to NOPAT		 2.82 1.43 1.04 1.16 1.04 0.73 0.82 -0.25 - -0.01 -0.04
Long-Term Debt to NOPAT		 1.49 1.48 1.39 1.38 1.25 1.20 1.14 0.00 - 0.08 0.08
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.07% 0.07%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -1,638 21 -6.19 119 177 -51 -65 184 - -261 -227
Operating Cash Flow to CapEx		 3,105.60% 1,102.93% 2,716.81% 2,125.57% 2,354.14% 3,518.59% 3,777.34% 3,502.47% - 723.53% 854.82%
Free Cash Flow to Firm to Interest Expense		 -54.36 0.68 -0.20 3.65 5.88 -1.82 -2.36 6.57 - -8.98 -6.79
Operating Cash Flow to Interest Expense		 1.78 1.12 1.63 1.36 1.63 1.36 1.81 1.88 - 1.06 1.71
Operating Cash Flow Less CapEx to Interest Expense		 1.73 1.02 1.57 1.29 1.56 1.32 1.76 1.83 - 0.92 1.51
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.09 0.05 0.05 0.05 0.05 0.05 0.05 0.05 - 0.05 0.05
Fixed Asset Turnover		 0.00 5.98 6.27 6.59 7.03 7.33 7.75 7.99 - 7.24 7.65
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,663 1,457 1,467 1,546 1,524 1,550 1,580 1,410 - 1,852 1,866
Invested Capital Turnover		 0.55 0.32 0.33 0.31 0.32 0.34 0.35 0.36 - 0.34 0.36
Increase / (Decrease) in Invested Capital		 1,663 14 46 -81 -139 93 113 -136 - 302 286
Enterprise Value (EV)		 2,421 2,342 2,425 2,873 2,910 2,563 2,846 2,569 - 2,953 3,306
Market Capitalization		 2,064 2,159 2,284 2,713 2,753 2,446 2,708 2,612 - 2,953 3,311
Book Value per Share		 $71.06 $72.10 $73.27 $76.74 $76.98 $79.15 $79.95 $82.87 - $94.08 $95.41
Tangible Book Value per Share		 $56.98 $58.17 $58.90 $62.46 $62.80 $65.13 $65.43 $68.34 - $73.59 $74.56
Total Capital		 1,663 1,457 1,467 1,546 1,524 1,550 1,580 1,410 - 1,852 1,866
Total Debt		 517 295 284 307 280 271 286 78 - 150 137
Total Long-Term Debt		 189 189 189 190 190 190 190 0.00 - 15 15
Net Debt		 357 183 141 160 158 116 138 -43 - -2.17 -7.06
Capital Expenditures (CapEx)		 1.73 3.14 1.86 2.09 2.09 1.08 1.32 1.50 - 4.27 6.69
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00
Net Nonoperating Obligations (NNO)		 517 295 284 307 280 271 286 78 - 150 137
Total Depreciation and Amortization (D&A)		 3.85 3.62 3.27 3.18 2.96 3.24 2.73 2.83 - 2.37 0.38
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.52 $2.18 $2.44 $2.37 $2.39 $2.61 $2.98 $2.93 $2.66 $2.40 $3.25
Adjusted Weighted Average Basic Shares Outstanding		 16.12M 16.12M 16.15M 16.15M 16.16M 16.16M 16.13M 16.07M 18.07M 17.38M 18.09M
Adjusted Diluted Earnings per Share		 $1.51 $2.17 $2.42 $2.35 $2.38 $2.60 $2.97 $2.92 $2.62 $2.39 $3.23
Adjusted Weighted Average Diluted Shares Outstanding		 16.12M 16.19M 16.24M 16.26M 16.16M 16.24M 16.22M 16.17M 18.07M 17.46M 18.18M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 16.12M 16.15M 16.15M 16.16M 16.16M 16.19M 16.07M 16.08M 18.07M 18.10M 18.06M
Normalized Net Operating Profit after Tax (NOPAT)		 25 35 39 38 39 42 48 47 - 42 59
Normalized NOPAT Margin		 22.94% 29.88% 31.09% 27.77% 31.38% 32.40% 34.08% 33.31% - 26.13% 32.93%
Pre Tax Income Margin		 27.85% 36.00% 38.17% 33.89% 38.45% 39.35% 42.04% 41.03% - 32.40% 40.84%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.86 1.24 1.56 1.43 1.19 1.84 2.16 2.08 - 1.78 2.18
NOPAT to Interest Expense		 0.81 1.14 1.27 1.17 1.28 1.52 1.75 1.69 - 1.44 1.76
EBIT Less CapEx to Interest Expense		 0.80 1.14 1.50 1.36 1.12 1.80 2.11 2.03 - 1.64 1.98
NOPAT Less CapEx to Interest Expense		 0.76 1.03 1.21 1.11 1.21 1.48 1.70 1.63 - 1.29 1.56
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 54.41% 53.78% 50.71% 50.41% 51.18% 49.04% 46.55% 44.20% - 51.49% 50.02%
Augmented Payout Ratio		 72.57% 59.79% 54.50% 50.41% 51.18% 49.04% 58.60% 55.64% - 51.49% 50.02%

Financials Breakdown Chart

Key Financial Trends

Park National’s recent financial statements show a bank that has expanded materially while improving earnings. In Q2 2026, net income reached $58.8 million, up from $41.7 million in Q1 2026 and $48.1 million in Q2 2025. Diluted earnings per share increased to $3.23 from $2.39 in Q1 and $2.97 in Q2 2025.

The strongest earnings driver has been net interest income. Q2 2026 net interest income was $138.9 million, compared with $125.8 million in Q1 2026, $112.9 million in Q4 2025 and $109.0 million in Q2 2025. Loan growth and higher investment securities income helped total interest income rise to $172.3 million, although funding costs also continued to increase.

  • Accelerating profitability: Q2 2026 net income increased approximately 22% from Q2 2025, while diluted EPS rose about 9% despite a larger share count.
  • Strong net interest income growth: Net interest income increased from $97.8 million in Q2 2024 to $109.0 million in Q2 2025 and $138.9 million in Q2 2026.
  • Balance-sheet expansion: Net loans and leases reached $9.62 billion in Q2 2026, up from $7.87 billion in Q2 2025 and $7.58 billion in Q2 2024. Total assets rose to $12.68 billion from $9.95 billion two years earlier.
  • Deposit franchise growth over the longer term: Total deposits increased to approximately $10.67 billion in Q2 2026 from $8.24 billion in Q2 2025 and $8.32 billion in Q2 2024.
  • Improving equity base: Total common equity grew to $1.73 billion in Q2 2026 from $1.29 billion in Q2 2025. Retained earnings increased steadily, and accumulated other comprehensive losses narrowed to $16.9 million from $31.5 million.
  • Consistent dividend growth: The quarterly dividend increased to $1.10 per share in 2026 from $1.07 in 2025 and $1.06 in 2024.
  • Positive operating cash generation: Q2 2026 operating cash flow was $57.2 million, compared with $30.9 million in Q1 2026 and $49.7 million in Q2 2025.
  • Investment portfolio repositioning: Park National purchased $159.8 million of investment securities in Q2 2026 while selling or receiving maturities of $61.7 million. This produced negative investing cash flow of $92.2 million and may reflect balance-sheet or interest-rate positioning rather than a deterioration in operations.
  • Reported figures include restatements and classification differences: Several 2024 and 2025 figures are marked as restated or calculated, and some cash-flow subtotals do not reconcile cleanly with the consolidated totals. Investors should rely on the company’s latest filings when comparing periods.
  • Higher credit-loss provisioning: The provision for credit losses rose to $4.6 million in Q2 2026 from $2.7 million in Q1 and $2.9 million in Q2 2025. The increase is manageable relative to earnings but bears watching as the loan book expands.
  • Rising operating expenses: Non-interest expense was $101.0 million in Q2 2026, up from $87.8 million in Q4 2025 and $79.0 million in Q2 2025. Salaries, occupancy and equipment costs all increased, which could limit operating leverage.
  • Significant second-quarter cash decline: Cash and equivalents fell by approximately $402.8 million during Q2 2026, ending at $144.5 million. The decline was primarily driven by a $328.8 million decrease in deposits and $367.8 million of negative financing cash flow, including dividends and debt repayments.
  • Funding costs remain elevated: Deposit interest expense climbed to $32.6 million in Q2 2026 from $28.4 million in Q1 and $24.9 million in Q2 2025. Continued deposit repricing could pressure the net interest margin even as loan income grows.
  • Share dilution has increased: Basic weighted-average shares rose to 18.1 million in Q2 2026 from 16.1 million in Q2 2025. Although earnings growth offset much of the dilution, future share issuance could reduce per-share growth.

Overall, Park National’s trend is favorable from an earnings and franchise-growth perspective: loans, deposits, net interest income, equity and EPS are all higher than they were one to two years ago. However, investors should monitor deposit stability, rising funding and operating costs, credit-loss provisions and the sharp quarterly cash outflow. The bank’s growth is creating meaningful earnings momentum, but maintaining asset quality and funding discipline will be important to sustaining that momentum.

08/30/26 10:40 PM ETAI Generated. May Contain Errors.

Park National Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Park National's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Park National's net income appears to be on an upward trend, with a most recent value of $180.07 million in 2025, rising from $81.01 million in 2015. The previous period was $151.42 million in 2024. View Park National's forecast to see where analysts expect Park National to go next.

Over the last 10 years, Park National's total revenue changed from $305.18 million in 2015 to $547.82 million in 2025, a change of 79.5%.

Park National's total liabilities were at $8.45 billion at the end of 2025, a 1.3% decrease from 2024, and a 28.1% increase since 2015.

In the past 10 years, Park National's cash and equivalents has ranged from $119.41 million in 2015 to $160.48 million in 2023, and is currently $137.24 million as of their latest financial filing in 2025.


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Financial statements for NYSE:PRK last updated on 8/14/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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