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PRK

PRK - Park National Corp Stock Price, Fair Value and News

125.49USD+0.74 (+0.59%)Delayed as of 18 Apr 2024, 11:35 am ET

Market Summary

PRK
USD125.49+0.74
Delayedas of 18 Apr 2024, 11:35 am
0.59%

PRK Stock Price

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PRK RSI Chart

PRK Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

15.86

Price/Sales (Trailing)

4.26

EV/EBITDA

3.4

Price/Free Cashflow

14.07

PRK Price/Sales (Trailing)

PRK Profitability

EBT Margin

32.57%

Return on Equity

11.07%

Return on Assets

1.29%

Free Cashflow Yield

7.11%

PRK Fundamentals

PRK Revenue

Revenue (TTM)

471.7M

Rev. Growth (Yr)

15.07%

Rev. Growth (Qtr)

3.57%

PRK Earnings

Earnings (TTM)

126.7M

Earnings Growth (Yr)

-25.95%

Earnings Growth (Qtr)

-33.63%

Breaking Down PRK Revenue

52 Week Range

90.28125.49
(Low)(High)

Last 7 days

-0.3%

Last 30 days

-1.8%

Last 90 days

-2%

Trailing 12 Months

16.9%

How does PRK drawdown profile look like?

PRK Financial Health

PRK Investor Care

Dividend Yield

3.37%

Dividend/Share (TTM)

4.2

Buy Backs (1Y)

0.90%

Diluted EPS (TTM)

7.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023408.0M434.3M455.3M471.7M
2022341.8M342.2M356.7M378.2M
2021354.0M354.5M350.4M345.9M
2020367.6M362.8M357.7M357.7M
2019318.9M336.5M350.8M360.5M
2018291.4M295.6M302.6M310.8M
2017275.7M279.2M284.2M286.4M
2016269.4M270.6M271.7M276.3M
2015265.8M265.3M265.7M265.1M
2014261.1M262.2M263.4M265.1M
2013277.1M270.9M265.7M262.9M
2012322.1M308.6M297.2M285.7M
2011343.0M340.7M336.0M331.9M
2010361.5M356.7M351.5M345.5M
20090383.5M375.6M367.7M
2008000391.3M
GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Park National Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 31, 2024
miller matthew r
acquired
-
-
1,518
president
Mar 31, 2024
trautman david l
acquired
-
-
2,025
chairman of the board & ceo
Mar 31, 2024
trautman david l
acquired
-
-
2,250
chairman of the board & ceo
Mar 31, 2024
burt brady t
acquired
-
-
1,350
chief financial officer
Mar 31, 2024
delawder dan
acquired
-
-
1,012
-
Mar 31, 2024
burt brady t
sold (taxes)
-180,061
135
-1,325
chief financial officer
Mar 31, 2024
miller matthew r
sold (taxes)
-199,166
135
-1,466
president
Mar 31, 2024
burt brady t
acquired
-
-
1,500
chief financial officer
Mar 31, 2024
trautman david l
sold (taxes)
-268,013
135
-1,972
chairman of the board & ceo
Mar 31, 2024
herreman kelly a
acquired
-
-
337
chief accounting officer

1–10 of 50

Which funds bought or sold PRK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 16, 2024
INVESTMENT PARTNERS, LTD.
new
-
377,663
377,663
0.17%
Apr 16, 2024
Asset Dedication, LLC
unchanged
-
1,000
48,000
-%
Apr 16, 2024
Stratos Wealth Partners, LTD.
unchanged
-
38,086
1,730,460
0.03%
Apr 15, 2024
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
added
2.29
13,835
315,924
-%
Apr 12, 2024
Westend Capital Management, LLC
new
-
1,087
1,087
-%
Apr 11, 2024
Ballentine Partners, LLC
unchanged
-
6,013
273,194
-%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
unchanged
-
15.00
679
-%
Apr 05, 2024
CWM, LLC
reduced
-85.37
-4,000
1,000
-%
Apr 05, 2024
GAMMA Investing LLC
reduced
-53.73
-9,088
8,423
-%
Apr 03, 2024
Versant Capital Management, Inc
unchanged
-
33.00
1,494
-%

1–10 of 49

Are Funds Buying or Selling PRK?

Are funds buying PRK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PRK
No. of Funds

Unveiling Park National Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
park national bank /oh
9.0%
1,443,678
SC 13G/A
Feb 13, 2024
vanguard group inc
10.56%
1,701,106
SC 13G/A
Jan 23, 2024
blackrock inc.
14.2%
2,288,177
SC 13G/A
Feb 10, 2023
vanguard group inc
10.01%
1,628,140
SC 13G/A
Feb 09, 2023
vanguard group inc
9.97%
1,621,613
SC 13G/A
Feb 06, 2023
park national bank /oh
9.6%
1,586,503
SC 13G/A
Jan 23, 2023
blackrock inc.
14.4%
2,338,624
SC 13G/A
Dec 12, 2022
vanguard group inc
10.01%
1,627,709
SC 13G/A
Feb 10, 2022
vanguard group inc
9.52%
1,544,585
SC 13G/A
Jan 31, 2022
park national bank /oh
10.2%
1,586,523
SC 13G/A

Recent SEC filings of Park National Corp

View All Filings
Date Filed Form Type Document
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 01, 2024
13F-HR
Fund Holdings Report
Mar 27, 2024
4
Insider Trading
Mar 04, 2024
ARS
ARS
Mar 04, 2024
DEF 14A
DEF 14A
Mar 04, 2024
DEFA14A
DEFA14A

Peers (Alternatives to Park National Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
518.6B
171.1B
-6.55% 27.33%
10.47
3.03
60.72% 31.52%
277.4B
130.3B
-2.17% 15.28%
10.46
2.13
79.51% -3.68%
204.6B
85.7B
-1.00% 36.59%
10.69
2.39
41.49% 39.96%
111.2B
133.3B
-0.80% 16.13%
12.05
0.83
79.09% -
15.1B
10.2B
-1.99% 8.44%
9.42
1.48
44.53% -22.43%
13.5B
7.9B
-0.07% 19.35%
13.94
1.7
46.47% -49.56%
MID-CAP
6.6B
4.2B
0.48% 11.63%
7.49
1.58
56.25% -23.46%
5.8B
3.9B
-0.96% 29.19%
8.57
1.48
45.91% -25.03%
3.1B
1.3B
-3.03% 32.01%
11.42
2.4
43.24% -22.35%
3.0B
2.0B
-0.45% 11.20%
16.48
1.54
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
393.2M
164.9M
-3.99% 28.14%
33.62
2.38
42.66% -70.76%
359.4M
162.6M
-8.71% -4.36%
11.95
2.21
25.39% -38.37%
267.1M
96.6M
-9.56% 1.15%
8.43
2.76
11.02% -11.37%
44.1M
60.9M
1.17% -15.64%
-13.17
0.72
24.06% -144.92%

Park National Corp News

Latest updates
Defense World7 hours ago

Park National Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue3.6%12512111511110910088.0081.0087.0085.0088.0085.0092.0090.0087.0089.0092.0095.0092.0082.0082.00
EBITDA Margin-5.3%1.12*1.18*1.27*1.35*1.43*1.50*1.51*1.53*1.54*1.55*1.51*----------
Interest Expenses0.9%95.0094.0092.0092.0095.0091.0084.0078.0084.0082.0084.0081.0086.0084.0081.0076.0077.0077.0076.0068.0070.00
Income Taxes-40.7%5.009.007.006.007.009.008.008.009.008.009.009.0010.006.006.005.006.006.004.005.004.00
Earnings Before Taxes-35.0%30.0046.0038.0040.0040.0051.0042.0047.0045.0044.0048.0052.0055.0037.0035.0027.0030.0038.0027.0030.0031.00
EBT Margin-9.7%0.33*0.36*0.39*0.43*0.48*0.52*0.52*0.54*0.54*0.57*0.54*----------
Net Income-33.6%25.0037.0032.0034.0033.0042.0034.0039.0037.0035.0039.0043.0045.0031.0030.0022.0024.0031.0022.0025.0026.00
Net Income Margin-9.6%0.27*0.30*0.32*0.35*0.39*0.43*0.42*0.44*0.45*0.46*0.45*----------
Free Cashflow38.9%52.0037.0032.0022.0044.0030.0027.0026.0041.0030.0031.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.6%9,83610,0019,9009,8579,8559,8559,8279,5769,56010,0349,9489,9149,2799,2409,7138,7198,5588,7248,6577,8527,804
    Cash Equivalents-2.4%218224230262190207246247219877807943370247733321160373260187167
  Net PPE-4.0%74.0077.0079.0081.0082.0085.0086.0087.0089.0089.0090.0090.0089.0085.0082.0077.0073.0073.0072.0061.0060.00
  Goodwill0%160160160160160160160160160160160160160160160160160158158113113
Liabilities-2.5%8,6918,9158,8118,7758,7868,8198,7778,5008,4498,9668,8798,8738,2398,2238,7117,7377,5897,7677,7237,0076,972
  Short Term Borrowings-7.0%328353144172227189172206239236286305342320292193231186181213222
  Long Term Debt-----------28.0030.0033.0013513814019329850.00375400
Shareholder's Equity5.5%1,1451,0861,0898631,0694614614594621,0687417191,04014.00458650647956625357614
  Retained Earnings0.8%904897877863847839814797776760741719705676662650647640625620614
Shares Outstanding-100.0%-16.0016.0016.00-16.0016.0016.00-16.0016.0016.00-16.00-------
Float---1,608---1,919---1,869---1,119---1,594--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations36.9%53,64939,18633,26724,40245,24933,15128,15028,31244,71032,45134,30645,86559,21098,006-54,3328,76237,65527,77521,54124,65535,016
  Share Based Compensation103.0%2,6401,3001,7492,3362,4241,4001,3741,9813,5121,2001,4871,8363,5051,2001,3311,2542,5881,2001,1621,3582,023
Cashflow From Investing255.8%184,686-118,508-80,68978,668-546-84,792-278,387-39,974-225,933-1,829-108,898-75,48175,868-80,601-483,91232,743-57,64670,48652,989-5,750-21,252
Cashflow From Financing-435.9%-243,68572,54315,900-30,879-62,40812,633249,78639,374-476,99239,349-61,259602,417-11,313-504,190950,818119,459-192,77914,960-2,5041,3608,846
  Buy Backs-100.0%-5,1572,55215,308-----16,048-----7,507-7,58324,4508,502-

PRK Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest and Dividend Income, Operating [Abstract]   
Interest and Fee Income, Loans and Leases$ 399,795$ 323,107$ 317,208
Interest and Dividend Income, Securities, by Classification [Abstract]   
Interest Income, Securities, US Treasury and Other US Government52,78636,04719,458
Interest Income, Securities, State and Municipal10,96610,9648,307
Other Interest and Dividend Income8,1238,129880
Interest and Dividend Income, Operating, Total471,670378,247345,853
Interest Expense, Deposits [Abstract]   
Interest Expense, NOW Accounts, Money Market Accounts, and Savings Deposits71,77617,6461,595
Interest Expense, Time Deposits12,6773,3144,711
Interest Expense, Borrowings [Abstract]   
Interest Expense, Short-term Borrowings4,7211,395767
Interest Expense, Long-term Debt9,3838,8338,887
Total interest expense98,55731,18815,960
Net interest income373,113347,059329,893
Provision for (recovery of) credit losses2,9044,557(11,916)
Interest Income (Expense), after Provision for Loan Loss, Total370,209342,502341,809
Noninterest Income [Abstract]   
Debit card fee income26,52226,04625,865
Bank Owned Life Insurance Income5,3386,1004,897
ATM Fees2,1782,2732,379
Gains (Losses) on Sales of Other Real Estate(3)5,611(4)
Real Estate Owned, Valuation Allowance, Valuation Increase6012,03964
Gain (Loss) on Sale of Investments(7,875)00
Gain on equity securities, net9712,9555,011
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component7,57212,1088,152
Noninterest Income, Other3,6529,32610,487
Total other income92,634135,935129,944
Noninterest Expense [Abstract]   
Salaries139,237133,299125,585
Employee benefits42,26440,49041,603
Occupancy expense13,11413,86613,039
Furniture and equipment expense12,23311,90110,887
Data processing fees37,63732,62730,539
Professional fees and services29,17330,83727,450
Marketing5,4715,3356,073
Insurance7,6405,4135,917
Communication4,2103,8913,539
State tax expense4,6574,5854,255
Amortization of Intangible Assets1,3231,4871,798
Foundation contribution expense1,0004,0004,000
Miscellaneous11,28010,2478,833
Total other expense309,239297,978283,518
Income before income taxes153,604180,459188,235
Income taxes26,87032,10834,290
Net Income (Loss) Attributable to Parent$ 126,734$ 148,351$ 153,945
Earnings Per Share [Abstract]   
Basic (in dollars per share)$ 7.84$ 9.13$ 9.45
Diluted (in dollars per share)$ 7.80$ 9.06$ 9.37
Fiduciary and Trust [Member]   
Noninterest Income [Abstract]   
Revenue from Contract with Customer, Including Assessed Tax$ 35,474$ 34,091$ 34,449
Deposit Account [Member]   
Noninterest Income [Abstract]   
Revenue from Contract with Customer, Including Assessed Tax8,44510,0918,832
Bank Servicing [Member]   
Noninterest Income [Abstract]   
Revenue from Contract with Customer, Including Assessed Tax10,30015,29529,812
Noninterest Income, Other$ 10,300$ 15,300$ 29,800

PRK Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets [Abstract]  
Cash and Due from Banks$ 160,477$ 156,750
Money market instruments57,79132,978
Cash and cash equivalents218,268189,728
Debt Securities, Available-for-sale, Current1,332,8421,733,696
Other Investments and Securities, at Cost96,30287,091
Total investment securities1,429,1441,820,787
Total loans7,476,2217,141,891
Allowance for credit losses83,74585,379
Net loans7,392,4767,056,512
Bank Owned Life Insurance231,631220,072
Prepaid Expense, Current165,879153,579
Goodwill159,595159,595
Intangible Assets, Net (Excluding Goodwill)4,6525,975
Property, Plant and Equipment, Net74,21182,126
Amortization Method Qualified Affordable Housing Project Investments62,70360,968
Accrued Investment Income Receivable39,23634,704
Other real estate owned9831,354
Mortgage loan servicing rights14,65615,792
Operating Lease, Right-of-Use Asset15,71517,600
Other Assets, Miscellaneous27,30436,201
Other Assets796,565787,966
Assets, Total9,836,4539,854,993
Liabilities [Abstract]  
Non-interest bearing2,628,2343,074,276
Interest-bearing Deposit Liabilities5,414,3325,160,439
Total deposits8,042,5668,234,715
Short-term Debt328,182227,342
Subordinated Debt189,147188,667
Debt, Current, Total517,329416,009
Operating Lease, Liability16,60519,291
Interest Payable6,8603,486
Qualified Affordable Housing Project Investments, Commitment28,76828,132
Off-Balance Sheet, Credit Loss, Liability5,1035,214
Other Liabilities Unclassified73,92978,920
Other Liabilities, Total131,265135,043
Total liabilities8,691,1608,785,767
Commitments and Contingencies
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Preferred Stock, Value, Issued00
Common Stock, Value, Issued463,280462,404
Accumulated Other Comprehensive Income (Loss), Net of Tax(66,191)(102,394)
Retained Earnings (Accumulated Deficit)903,877847,235
Treasury Stock, Value155,673138,019
Total shareholders’ equity1,145,2931,069,226
Liabilities and Equity, Total$ 9,836,453$ 9,854,993
PRK
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. The company 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. It 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; originates financing leases primarily for the purchase of commercial vehicles, operating/manufacturing equipment, and municipal vehicles/equipment; consumer loans, such as automobile loans; 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, the company offers aircraft financing and asset management services; and ParkDirect, a personal banking application. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.
 CEO
 WEBSITEparknationalcorp.com
 INDUSTRYBanks Diversified
 EMPLOYEES1632

Park National Corp Frequently Asked Questions


What is the ticker symbol for Park National Corp? What does PRK stand for in stocks?

PRK is the stock ticker symbol of Park National Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Park National Corp (PRK)?

As of Wed Apr 17 2024, market cap of Park National Corp is 2.01 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PRK stock?

You can check PRK's fair value in chart for subscribers.

What is the fair value of PRK stock?

You can check PRK's fair value in chart for subscribers. The fair value of Park National Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Park National Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PRK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Park National Corp a good stock to buy?

The fair value guage provides a quick view whether PRK is over valued or under valued. Whether Park National Corp is cheap or expensive depends on the assumptions which impact Park National Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PRK.

What is Park National Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, PRK's PE ratio (Price to Earnings) is 15.86 and Price to Sales (PS) ratio is 4.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PRK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Park National Corp's stock?

In the past 10 years, Park National Corp has provided 0.091 (multiply by 100 for percentage) rate of return.