Park National Corp - Understand $prk stock

$PRK Market Cap: $3.13 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$389.4M

TTM

Gross Margin

Net Earnings

$137.3M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$9.903B

Q3 2024

Total Liabilities

$8.664B

Q3 2024

Book Value

$1.239B

Q3 2024

Cash

$201.7M

Q3 2024

P/E

22.80

Nov 13, 2024 EST

Free Cash Flow

$132.2M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Revenue	$471.7M	$378.2M	$345.9M	$357.7M	$360.5M	$310.8M	$286.4M	$276.3M	$265.1M	$265.1M	$262.9M	$285.7M	$331.9M	$345.5M		$4.200M
YoY Change	24.7%	9.37%	-3.32%	-0.77%	15.99%	8.51%	3.68%	4.22%	-0.03%	0.84%	-7.98%	-13.9%	-3.95%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2008
Revenue	$471.7M	$378.2M	$345.9M	$357.7M	$360.5M	$310.8M	$286.4M	$276.3M	$265.1M	$265.1M	$262.9M	$285.7M	$331.9M	$345.5M	$4.200M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$14.02M	$13.82M	$13.27M	$10.81M	$9.119M	$8.585M	$8.644M	$8.396M	$7.347M	$7.243M	$7.315M	$6.954M	$11.10M	$10.50M	$11.20M	$11.50M	$10.30M	$8.000M	$8.100M	$6.900M	$9.000M	$10.90M	$9.600M	$9.500M	$9.100M	$8.700M	$5.300M	$3.400M	$3.300M	$2.300M	$3.900M	$3.700M	$3.100M	$3.400M	$24.00M
YoY Change	1.42%	4.16%	22.68%	18.59%	6.22%	-0.68%	2.95%	14.28%	1.44%	-0.98%	5.19%	-37.35%	5.71%	-6.25%	-2.61%	11.65%	28.75%	-1.23%	17.39%	-23.33%	-17.43%	13.54%	1.05%	4.4%	4.6%	64.15%	55.88%	3.03%	43.48%	-41.03%	5.41%	19.35%	-8.82%	-85.83%	548.65%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$98.56M	$31.19M	$15.96M	$30.09M	$62.76M	$43.90M	$42.67M	$38.17M	$37.44M	$40.10M	$41.92M	$50.42M	$58.65M	$71.47M
YoY Change	216.01%	95.41%	-46.96%	-52.06%	42.96%	2.9%	11.77%	1.95%	-6.63%	-4.35%	-16.85%	-14.03%	-17.95%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Pretax Income	$153.6M	$180.5M	$188.2M	$154.6M	$124.8M	$131.3M	$118.5M	$122.9M	$113.6M	$120.4M	$109.4M	$104.3M	$116.6M	$74.74M	$97.10M	$35.70M	$52.70M	$133.1M	$135.4M	$129.2M	$123.2M	$121.2M	$110.9M	$96.60M	$90.00M	$67.70M	$54.60M	$46.30M	$40.20M	$29.00M	$25.50M	$23.40M	$20.10M	$19.10M	$16.30M
YoY Change	-14.88%	-4.13%	21.72%	23.94%	-4.97%	10.83%	-3.6%	8.2%	-5.68%	10.1%	4.83%	-10.49%	55.95%	-23.03%	171.99%	-32.26%	-60.41%	-1.7%	4.8%	4.87%	1.65%	9.29%	14.8%	7.33%	32.94%	23.99%	17.93%	15.17%	38.62%	13.73%	8.97%	16.42%	5.24%	17.18%	7.95%
Income Tax	$26.87M	$32.11M	$34.29M	$26.72M	$22.07M	$20.91M	$34.23M	$36.76M	$32.57M	$36.46M	$32.50M	$25.70M	$34.42M	$16.64M	$22.90M	$22.00M	$30.00M	$39.00M	$40.20M	$37.70M	$36.30M	$35.60M	$32.60M	$28.10M	$26.20M	$20.70M	$16.90M	$14.60M	$12.40M	$9.000M	$8.000M	$7.300M	$5.500M	$5.800M	$4.700M
% Of Pretax Income	17.49%	17.79%	18.22%	17.28%	17.69%	15.93%	28.89%	29.91%	28.67%	30.28%	29.72%	24.63%	29.53%	22.26%	23.58%	61.62%	56.93%	29.3%	29.69%	29.18%	29.46%	29.37%	29.4%	29.09%	29.11%	30.58%	30.95%	31.53%	30.85%	31.03%	31.37%	31.2%	27.36%	30.37%	28.83%
Net Earnings	$126.7M	$148.4M	$153.9M	$127.9M	$102.7M	$110.4M	$84.24M	$86.14M	$81.01M	$83.96M	$76.87M	$78.63M	$82.14M	$58.10M	$74.20M	$13.70M	$22.70M	$94.10M	$95.20M	$91.50M	$86.90M	$85.60M	$78.40M	$68.50M	$63.80M	$47.00M	$37.70M	$31.70M	$27.80M	$20.00M	$19.00M	$16.50M	$15.10M	$13.70M	-$27.80M
YoY Change	-14.57%	-3.63%	20.34%	24.56%	-6.96%	31.04%	-2.2%	6.32%	-3.51%	9.22%	-2.24%	-4.27%	41.37%	-21.7%	441.61%	-39.65%	-75.88%	-1.16%	4.04%	5.29%	1.52%	9.18%	14.45%	7.37%	35.74%	24.67%	18.93%	14.03%	39.0%	5.26%	15.15%	9.27%	10.22%	-149.28%	-318.9%
Net Earnings / Revenue	26.87%	39.22%	44.51%	35.76%	28.49%	35.52%	29.41%	31.18%	30.56%	31.66%	29.23%	27.52%	24.75%	16.82%		326.19%
Basic Earnings Per Share	$7.84	$9.13	$9.45	$7.85	$6.33	$7.13	$5.51	$5.62	$5.27	$5.45	$4.99	$4.88	$4.95	$3.45
Diluted Earnings Per Share	$7.80	$9.065M	$9.37	$7.80	$6.29	$7.07	$5.47	$5.59	$5.26	$5.45	$4.99	$4.88	$4.95	$3.45	$5.225M	$978.6K	$1.599M	$6.721M	$6.657M	$6.310M	$5.952M	$5.863M	$5.297M	$4.567M	$4.225M	$4.087M	$3.625M	$3.078M	$2.673M	$2.532M	$2.436M	$2.115M	$1.936M	$1.756M	-$3.564M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$74.21M	$82.13M	$102.5M	$103.7M	$87.00M	$59.80M	$55.90M	$58.00M	$59.50M	$55.50M	$55.30M	$53.80M	$53.70M	$69.60M	$69.10M	$68.60M	$66.60M	$47.60M	$47.20M	$43.20M	$36.70M	$38.70M	$39.90M	$39.60M	$32.50M	$26.80M	$27.80M	$27.50M	$17.20M	$17.10M	$16.20M	$15.90M	$16.40M	$16.40M	$17.00M
YoY Change	-9.64%	-19.88%	-1.16%	19.2%	45.48%	6.98%	-3.62%	-2.52%	7.21%	0.36%	2.79%	0.19%	-22.84%	0.72%	0.73%	3.0%	39.92%	0.85%	9.26%	17.71%	-5.17%	-3.01%	0.76%	21.85%	21.27%	-3.6%	1.09%	59.88%	0.58%	5.56%	1.89%	-3.05%	0.0%	-3.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$63.90M	$61.24M	$33.20M
YoY Change	4.33%	84.46%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$9.836B	$9.855B	$9.560B	$9.279B	$8.558B	$7.804B	$7.538B	$7.468B	$7.311B	$7.001B	$6.638B	$6.643B	$6.972B	$7.282B	$7.040B	$7.071B	$6.501B	$5.471B	$5.436B	$5.413B	$5.035B	$4.447B	$4.570B	$4.205B	$3.133B	$2.461B	$2.288B	$2.185B	$1.476B	$1.362B	$1.285B	$1.232B	$1.183B	$1.104B	$1.121B
YoY Change
Accounts Payable	$6.860M	$3.486M	$3.100M	$3.900M	$2.900M	$2.600M	$2.300M	$2.200M	$2.300M	$2.600M	$2.900M	$3.500M	$4.900M	$6.100M	$9.300M	$11.30M	$15.10M	$13.10M	$8.900M	$6.400M	$6.400M	$8.100M	$10.80M	$13.90M	$9.800M	$6.900M	$6.500M	$6.600M	$3.700M	$2.300M	$2.300M	$3.300M	$4.300M	$5.100M	$5.200M
YoY Change	96.79%	12.45%	-20.51%	34.48%	11.54%	13.04%	4.55%	-4.35%	-11.54%	-10.34%	-17.14%	-28.57%	-19.67%	-34.41%	-17.7%	-25.17%	15.27%	47.19%	39.06%	0.0%	-20.99%	-25.0%	-22.3%	41.84%	42.03%	6.15%	-1.52%	78.38%	60.87%	0.0%	-30.3%	-23.26%	-15.69%	-1.92%
Accrued Expenses	$16.61M	$19.29M	$14.30M	$16.10M	$14.50M
YoY Change	-13.92%	34.9%	-11.18%	11.03%
Deferred Revenue
YoY Change
Short-Term Debt	$108.2M	$227.3M	$213.8M	$317.2M	$175.7M	$165.0M	$183.3M	$509.8M	$254.2M	$277.0M	$242.0M	$544.2M	$540.6M	$579.7M	$594.2M	$609.2M	$582.3M	$583.8M	$589.1M	$278.2M	$516.8M	$188.9M	$318.3M	$275.7M	$364.3M	$246.7M	$151.6M	$135.1M	$114.0M	$155.3M	$105.2M	$93.30M	$82.50M	$47.00M	$60.20M
YoY Change	-52.41%	6.33%	-32.6%	80.54%	6.48%	-9.98%	-64.04%	100.55%	-8.23%	14.46%	-55.53%	0.67%	-6.74%	-2.44%	-2.46%	4.62%	-0.26%	-0.9%	111.75%	-46.17%	173.58%	-40.65%	15.45%	-24.32%	47.67%	62.73%	12.21%	18.51%	-26.59%	47.62%	12.75%	13.09%	75.53%	-21.93%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$131.6M	$250.1M	$17.40M	$20.00M	$17.40M	$2.600M	$2.300M	$2.200M	$2.300M	$2.600M	$2.900M	$3.500M	$4.900M	$6.100M	$9.300M	$11.30M	$15.10M	$13.10M	$8.900M	$6.400M	$6.400M	$8.100M	$10.80M	$13.90M	$9.800M	$6.900M	$6.500M	$6.600M	$3.700M	$2.300M	$2.300M	$3.300M	$4.300M	$5.100M	$5.200M
YoY Change	-47.37%	1337.47%	-13.0%	14.94%	569.23%	13.04%	4.55%	-4.35%	-11.54%	-10.34%	-17.14%	-28.57%	-19.67%	-34.41%	-17.7%	-25.17%	15.27%	47.19%	39.06%	0.0%	-20.99%	-25.0%	-22.3%	41.84%	42.03%	6.15%	-1.52%	78.38%	60.87%	0.0%	-30.3%	-23.26%	-15.69%	-1.92%
Long-Term Debt	$517.3M	$416.0M	$188.2M	$187.8M	$15.00M	$15.00M	$15.00M	$45.00M	$45.00M	$45.00M	$80.30M	$80.30M	$76.60M	$76.70M	$76.70M	$41.50M	$41.60M	$0.00	$0.00	$795.8M	$486.0M	$187.2M	$392.5M	$290.1M	$17.00M	$8.400M	$30.90M	$62.40M	$0.00	$0.00	$0.00	$0.00	$7.100M	$9.100M	$4.100M
YoY Change	24.36%	121.05%	0.21%	1152.0%	0.0%	0.0%	-66.67%	0.0%	0.0%	-43.96%	0.0%	4.83%	-0.13%	0.0%	84.82%	-0.24%			-100.0%	63.74%	159.62%	-52.31%	35.3%	1606.47%	102.38%	-72.82%	-50.48%					-100.0%	-21.98%	121.95%
Other Long-Term Liabilities	$131.3M	$135.0M	$100.5M	$84.00M	$81.20M	$71.40M	$55.60M	$67.20M	$70.70M	$65.50M	$60.90M	$42.30M	$597.8M	$75.40M	$71.80M	$100.2M	$77.00M	$81.90M	$82.10M	$79.70M	$68.50M	$58.00M	$65.30M	$30.80M	$44.20M	$23.30M	$22.30M	$18.50M	$15.50M	$12.20M	$10.50M	$9.100M	$8.900M	$9.100M	$8.400M
YoY Change	-2.8%	34.37%	19.64%	3.45%	13.73%	28.42%	-17.26%	-4.95%	7.94%	7.55%	43.97%	-92.92%	692.84%	5.01%	-28.34%	30.13%	-5.98%	-0.24%	3.01%	16.35%	18.1%	-11.18%	112.01%	-30.32%	89.7%	4.48%	20.54%	19.35%	27.05%	16.19%	15.38%	2.25%	-2.2%	8.33%
Total Long-Term Liabilities	$648.6M	$551.1M	$288.7M	$271.8M	$96.20M	$86.40M	$70.60M	$112.2M	$115.7M	$110.5M	$141.2M	$122.6M	$674.4M	$152.1M	$148.5M	$141.7M	$118.6M	$81.90M	$82.10M	$875.5M	$554.5M	$245.2M	$457.8M	$320.9M	$61.20M	$31.70M	$53.20M	$80.90M	$15.50M	$12.20M	$10.50M	$9.100M	$16.00M	$18.20M	$12.50M
YoY Change	17.7%	90.87%	6.22%	182.54%	11.34%	22.38%	-37.08%	-3.03%	4.71%	-21.74%	15.17%	-81.82%	343.39%	2.42%	4.8%	19.48%	44.81%	-0.24%	-90.62%	57.89%	126.14%	-46.44%	42.66%	424.35%	93.06%	-40.41%	-34.24%	421.94%	27.05%	16.19%	15.38%	-43.13%	-12.09%	45.6%
Total Liabilities	$8.691B	$8.786B	$8.450B	$8.239B	$7.589B	$6.972B	$6.782B	$6.725B	$6.598B	$6.305B	$5.987B	$5.992B	$6.230B	$6.553B	$6.323B	$6.428B	$5.921B	$4.900B	$4.878B	$4.850B	$4.492B	$3.937B	$4.101B	$3.763B	$2.843B	$2.225B	$2.066B	$1.986B	$1.340B	$1.248B	$1.176B	$1.138B	$1.100B	$1.030B	$1.057B
YoY Change	-1.08%	3.98%	2.56%	8.56%	8.86%	2.81%	0.84%	1.93%	4.65%	5.31%	-0.1%	-3.81%	-4.92%	3.63%	-1.63%	8.56%	20.83%	0.47%	0.57%	7.97%	14.09%	-4.0%	8.99%	32.34%	27.78%	7.69%	4.04%	48.23%	7.35%	6.09%	3.37%	3.51%	6.77%	-2.55%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	16.16M shares	16.25M shares	16.29M shares	16.30M shares	16.23M shares	15.49M shares	15.30M shares	15.33M shares	15.36M shares	15.39M shares	15.41M shares	15.41M shares	15.40M shares	15.15M shares
Diluted Shares Outstanding	16.25M shares	16.37M shares	16.43M shares	16.41M shares	16.33M shares	15.61M shares	15.39M shares	15.41M shares	15.40M shares	15.41M shares	15.41M shares	15.41M shares	15.40M shares	15.16M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.1305 Billion

About Park National Corp

Park National Corp. is a holding company, which engages in the provision of banking and non-banking financial services through its subsidiaries. The company is headquartered in Newark Ohio, Ohio and currently employs 1,782 full-time employees. The firm's banking operations are conducted through its subsidiary, Park National Bank, a national banking association. The firm's principal business consists of owning and supervising its subsidiaries. Park National Bank engages in the commercial banking and trust business, generally in small and medium population areas in Ohio, North Carolina and South Carolina communities, in addition to operations within the metropolitan areas of Columbus and Cincinnati, Ohio; Charlotte, North Carolina; and Louisville, Kentucky. Park National Bank operates financial service offices in Ohio, Kentucky, North Carolina and South Carolina. Park National Bank delivers financial products and services through its financial service offices and through a network of automated teller machines, as well as telephone and Internet-based banking through both personal computers and mobile devices, including ParkDirect, a mobile bank experience.

Industry: National Commercial Banks Peers: Banner Corp Columbia Banking System Inc First Financial Bancorp First Merchants Corp PNC Financial Services Group Inc /entities/siclq Stock Yards Bancorp Inc WesBanco Inc