About Park National (NYSEAMERICAN:PRK)
Park National Corporation (Park) is a financial holding company. Park's principal business consists of owning and supervising its subsidiaries. Park's banking operations are conducted through The Park National Bank (Park National Bank). Its segments include Park National Bank, Guardian Financial Services Company (Guardian Finance) and SE Property Holdings, LLC (SEPH). Park National Bank is a national banking association with its main office in Newark, Ohio and financial service offices in Ashland, Athens, Butler, Champaign, Clark, Clermont, Coshocton, Crawford, Darke, Hocking, Holmes, Knox, Licking, Madison, Marion, Mercer, Miami, Morrow, Muskingum, Perry, Richland, Tuscarawas, Warren and Wayne Counties in Ohio. Guardian Finance provides consumer finance services in the central Ohio area. SEPH has operations in Ohio, with the sole purpose of such operations being to sell other real estate owned and work out or sell problem loan situations with the respective borrowers.
Industry, Sector and Symbol:
- Industry: Banks
- Sub-Industry: Regional Banks
- Sector: N/A
- Symbol: NYSEAMERICAN:PRK
- Previous Symbol: NYSEMKT:PRK
- CUSIP: 70065810
- Web: investor.parknationalcorp.com
- Annual Dividend: $3.76
- Dividend Yield: 3.6%
- Trailing EPS: $5.29
- Net Margins: 26.44%
- Return on Equity: 11.73%
- Return on Assets: 1.13%
- Outstanding Shares: 15,290,000
Frequently Asked Questions for Park National (NYSEAMERICAN:PRK)
What is Park National's stock symbol?
Park National trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "PRK."
How often does Park National pay dividends? What is the dividend yield for Park National?
Park National declared a quarterly dividend on Wednesday, October 25th. Shareholders of record on Friday, November 17th will be paid a dividend of $0.94 per share on Friday, December 8th. This represents a $3.76 annualized dividend and a yield of 3.55%. The ex-dividend date of this dividend is Thursday, November 16th. View Park National's Dividend History.
How will Park National's stock buyback program work?
Park National declared that its board has approved a share repurchase plan on Wednesday, November 15th 2017, which permits the company to buyback 500,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.
How were Park National's earnings last quarter?
Park National Co. (NYSEAMERICAN:PRK) announced its quarterly earnings data on Monday, October, 23rd. The financial services provider reported $1.44 EPS for the quarter, missing the consensus estimate of $1.46 by $0.02. The financial services provider had revenue of $83.64 million for the quarter, compared to analysts' expectations of $81.14 million. Park National had a net margin of 26.44% and a return on equity of 11.73%. View Park National's Earnings History.
When will Park National make its next earnings announcement?
Who are some of Park National's key competitors?
Some companies that are related to Park National include TCF Financial Corporation (TCF), Metro Bank PLC (MTRO), Grupo Aval Acciones y Valores S.A. (AVAL), Valley National Bancorp (VLY), Washington Federal (WAFD), Glacier Bancorp (GBCI), BancorpSouth (BXS), Cybg Plc (CYBG), Community Bank System (CBU), International Bancshares Corporation (IBOC), CVB Financial Corporation (CVBF), Simmons First National Corporation (SFNC), EverBank Financial Corp (EVER), First Midwest Bancorp (FMBI), Old National Bancorp (ONB), Astoria Financial Corp (AF), First Interstate BancSystem (FIBK) and Close Brothers Group plc (CBG).
Who are Park National's key executives?
Park National's management team includes the folowing people:
- C. Daniel DeLawder, Chairman of the Board (Age 67)
- David L. Trautman, President, Chief Executive Officer, Director (Age 55)
- Brady T. Burt, Chief Financial Officer, Secretary (Age 44)
- Matthew R. Miller, Executive Vice President (Age 38)
- Kelly A. Edds, Chief Accounting Officer, Principal Accounting Officer (Age 34)
- Leon Zazworsky, Lead Independent Director (Age 68)
- Donna M. Alvarado, Independent Director (Age 68)
- James R. DeRoberts, Independent Director (Age 60)
- F. William Englefield IV, Independent Director (Age 62)
- Alicia J. Hupp, Independent Director (Age 56)
Who owns Park National stock?
Park National's stock is owned by a number of of institutional and retail investors. Top institutional investors include Park National Corp OH (11.94%), Dimensional Fund Advisors LP (1.98%), First Trust Advisors LP (1.35%), Bank of New York Mellon Corp (0.67%), Schwab Charles Investment Management Inc. (0.57%) and California Public Employees Retirement System (0.29%). Company insiders that own Park National stock include Leon Zazworsky and Robert E Oneill. View Institutional Ownership Trends for Park National.
Who sold Park National stock? Who is selling Park National stock?
Park National's stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH, Citadel Advisors LLC, SG Americas Securities LLC, California State Teachers Retirement System, First Trust Advisors LP, Bank of New York Mellon Corp and First Manhattan Co.. View Insider Buying and Selling for Park National.
Who bought Park National stock? Who is buying Park National stock?
Park National's stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Stifel Financial Corp, Nationwide Fund Advisors, Russell Investments Group Ltd., PARK CIRCLE Co, Wells Fargo & Company MN, Schwab Charles Investment Management Inc. and Commonwealth Equity Services Inc. Company insiders that have bought Park National stock in the last two years include Leon Zazworsky and Robert E Oneill. View Insider Buying and Selling for Park National.
How do I buy Park National stock?
Shares of Park National can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Park National's stock price today?
One share of Park National stock can currently be purchased for approximately $105.93.
How big of a company is Park National?
Park National has a market capitalization of $1.62 billion.
How can I contact Park National?
Park National's mailing address is 50 N 3rd St, NEWARK, OH 43055-5523, United States. The financial services provider can be reached via phone at +1-614-3498451.
MarketBeat Community Rating for Park National (NYSEAMERICAN PRK)MarketBeat's community ratings are surveys of what our community members think about Park National and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Park National (NYSEAMERICAN:PRK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 1 Hold Rating, 0 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Park National (NYSEAMERICAN:PRK)
Analysts' Ratings History for Park National (NYSEAMERICAN:PRK)
(Data available from 11/20/2015 forward)
|10/24/2017||Boenning Scattergood||Reiterated Rating||Hold|
Earnings History and Estimates Chart for Park National (NYSEAMERICAN:PRK)
Earnings History by Quarter for Park National (NYSEAMERICAN PRK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/23/2017||Q3 2017||$1.46||$1.44||$81.14 million||$83.64 million||View||N/A|
|7/24/2017||Q2 2017||$1.41||$1.24||$81.39 million||$79.03 million||View||N/A|
|4/21/2017||Q1 2017||$1.33||$1.31||$77.75 million||$76.46 million||View||N/A|
|1/23/2017||Q416||$1.42||$1.30||$79.89 million||$84.32 million||View||N/A|
|10/24/2016||Q3||$1.40||$1.78||$79.52 million||$79.07 million||View||N/A|
|7/25/2016||Q2||$1.38||$1.30||$79.50 million||$76.22 million||View||N/A|
|4/22/2016||Q1||$1.32||$1.21||$79.20 million||$77.21 million||View||N/A|
|1/25/2016||Q4||$1.41||$1.36||$78.81 million||$77.16 million||View||N/A|
|10/26/2015||Q315||$1.43||$1.30||$77.30 million||$77.91 million||View||N/A|
|7/27/2015||Q215||$1.24||$1.37||$74.05 million||$75.71 million||View||N/A|
|10/27/2014||Q314||$1.29||$1.19||$74.60 million||$76.11 million||View||N/A|
|7/28/2014||Q214||$1.17||$1.42||$72.70 million||$76.23 million||View||N/A|
|4/28/2014||Q113||$1.21||$1.27||$71.90 million||$71.13 million||View||N/A|
Earnings Estimates for Park National (NYSEAMERICAN:PRK)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Park National (NYSEAMERICAN:PRK)
|Payout Ratio:||71.08% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Park National (NYSEAMERICAN PRK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Latest Headlines for Park National (NYSEAMERICAN PRK)
Park National (NYSEAMERICAN PRK) Chart for Monday, November, 20, 2017