Park National Corp
parknationalcorp.comWhat Do They Do?
Provides commercial and consumer banking, including lending and deposit services, and wealth management to individuals and businesses.
10-K for FY2025, filed Feb 23, 2026Park’s banking operations are conducted through Park National Bank, a national banking association. Park National Bank engages in the…View ↗
the acceptance of deposits for demand, savings, and time accounts, and the servicing of those accounts; commercial, industrial, consumer…View ↗
As of December 31, 2025, Park National Bank deals with consumers and businesses primarily in the 24 Ohio counties, one Kentucky county…View ↗
How Do They Make Money?
Wealth management customers pay fiduciary and investment fees as monthly and quarterly services are provided, generally based on trust asset values. Park also earns interest on loans and investments and receives deposit-service fees per transaction, for overdrafts, and monthly for account maintenance.
10-K for FY2025, filed Feb 23, 2026Income from fiduciary activities (gross): Park earns fiduciary fee income and investment brokerage fees from its contracts with wealth…View ↗
Service charges on deposit accounts and ATM fees: The Corporation earns fees from the Corporation's deposit customers for…View ↗
Our earnings and cash flows depend substantially on our interest rate spread, which is the difference between: (i) the rates we earn on…View ↗
-
10-K for FY2025, filed Feb 23, 2026
FY2025 revenue by product or service (Revenue from Contract with Customer, Including Assessed Tax) ↗
$664.4M
-
10-K for FY2025, filed Feb 23, 2026
$664.4M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Fiduciary and Trust
Recurring
10-K for FY2025, filed Feb 23, 2026 |
65%
FY2022: 57%
|
Fiduciary and Trust, FY2025
$45.8M Sources
|
Recurring |
|
Deposit Account
|
14%
FY2022: 17%
|
Deposit Account, FY2025
$10.1M Sources
|
|
|
Bank Servicing
|
21%
FY2022: 26%
|
Bank Servicing, FY2025
$14.5M Sources
|
Who Are Their Customers?
Individuals and businesses use Park National Bank's offices, ATMs, telephone and internet or mobile banking. The bank also serves businesses through lending and wealth management customers through trust and investment services.
10-K for FY2025, filed Feb 23, 2026Park’s banking operations are conducted through Park National Bank, a national banking association. Park National Bank engages in the…View ↗
the acceptance of deposits for demand, savings, and time accounts, and the servicing of those accounts; commercial, industrial, consumer…View ↗
As of December 31, 2025, Park National Bank deals with consumers and businesses primarily in the 24 Ohio counties, one Kentucky county…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 27 cents of every revenue dollar as net income in FY2025 and turned 29 cents into free cash flow.
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 7, 2026
Open tableView ↗
-
Apr 24, 2026
Completed merger with First Citizens Bancshares
Park completed an all-stock merger with First Citizens Bancshares; the transaction expanded its income and expense base.
Sources
8-K, filed Apr 24, 2026
On February 1, 2026, Park successfully completed its previously announced merger transaction with First Citizens Bancshares, Inc. (“First…View ↗
Growing. Revenue grew 92% in 4 years, from $345.9M in FY2021 to $664.4M in FY2025, about 18% a year.
Loading...
