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Park National NYSEAM:PRK Stock Report

Last Price


Market Cap







08 Aug, 2022


Company Financials +
PRK fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance2/6
Financial Health6/6

PRK Stock Overview

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.

Park National Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Park National
Historical stock prices
Current Share PriceUS$131.36
52 Week HighUS$145.33
52 Week LowUS$111.22
1 Month Change8.23%
3 Month Change10.74%
1 Year Change9.82%
3 Year Change45.05%
5 Year Change31.27%
Change since IPO791.23%

Recent News & Updates

Shareholder Returns

PRKUS BanksUS Market

Return vs Industry: PRK exceeded the US Banks industry which returned -14.1% over the past year.

Return vs Market: PRK exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is PRK's price volatile compared to industry and market?
PRK volatility
PRK Average Weekly Movement3.4%
Banks Industry Average Movement3.7%
Market Average Movement7.9%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: PRK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: PRK's weekly volatility (3%) has been stable over the past year.

About the Company

19081,653David Trautman

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; consumer loans, such as automobile loans and leases; consumer finance services; home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial loans.

Park National Fundamentals Summary

How do Park National's earnings and revenue compare to its market cap?
PRK fundamental statistics
Market CapUS$2.13b
Earnings (TTM)US$145.18m
Revenue (TTM)US$459.03m


P/E Ratio


P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRK income statement (TTM)
Cost of RevenueUS$0
Gross ProfitUS$459.03m
Other ExpensesUS$313.85m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)8.93
Gross Margin100.00%
Net Profit Margin31.63%
Debt/Equity Ratio34.4%

How did PRK perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio

Does PRK pay a reliable dividends?

See PRK dividend history and benchmarks
When do you need to buy PRK by to receive an upcoming dividend?
Park National dividend dates
Ex Dividend DateAug 18 2022
Dividend Pay DateSep 09 2022
Days until Ex dividend9 days
Days until Dividend pay date31 days

Does PRK pay a reliable dividends?

See PRK dividend history and benchmarks
We’ve recently updated our valuation analysis.


Is PRK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PRK?

Other financial metrics that can be useful for relative valuation.

PRK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio-20.9x

Price to Earnings Ratio vs Peers

How does PRK's PE Ratio compare to its peers?

PRK PE Ratio vs Peers
The above table shows the PE ratio for PRK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average13.2x
TOWN TowneBank
WSBC WesBanco
BANR Banner
SBCF Seacoast Banking Corporation of Florida
PRK Park National

Price-To-Earnings vs Peers: PRK is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (13.2x).

Price to Earnings Ratio vs Industry

How does PRK's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: PRK is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the US Banks industry average (9.8x)

Price to Earnings Ratio vs Fair Ratio

What is PRK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PRK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.7x
Fair PE Ratio11.4x

Price-To-Earnings vs Fair Ratio: PRK is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the estimated Fair Price-To-Earnings Ratio (11.4x).

Share Price vs Fair Value

What is the Fair Price of PRK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PRK ($131.36) is trading below our estimate of fair value ($162.23)

Significantly Below Fair Value: PRK is trading below fair value, but not by a significant amount.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is lower than the current share price.

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Future Growth

How is Park National forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRK's earnings are forecast to decline over the next 3 years (-0.7% per year).

Earnings vs Market: PRK's earnings are forecast to decline over the next 3 years (-0.7% per year).

High Growth Earnings: PRK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PRK's revenue (3.8% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: PRK's revenue (3.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PRK's Return on Equity is forecast to be high in 3 years time

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Past Performance

How has Park National performed over the past 5 years?

Past Performance Score


Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PRK has high quality earnings.

Growing Profit Margin: PRK's current net profit margins (31.6%) are lower than last year (32.5%).

Past Earnings Growth Analysis

Earnings Trend: PRK's earnings have grown by 12.7% per year over the past 5 years.

Accelerating Growth: PRK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PRK had negative earnings growth (-8.1%) over the past year, making it difficult to compare to the Banks industry average (10.1%).

Return on Equity

High ROE: PRK's Return on Equity (13.8%) is considered low.

Discover strong past performing companies

Financial Health

How is Park National's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score


Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: PRK's Assets to Equity ratio (9.4x) is low.

Allowance for Bad Loans: PRK has a sufficient allowance for bad loans (126%).

Low Risk Liabilities: 95% of PRK's liabilities are made up of primarily low risk sources of funding.

Loan Level: PRK has an appropriate level of Loans to Assets ratio (70%).

Low Risk Deposits: PRK's Loans to Deposits ratio (83%) is appropriate.

Level of Bad Loans: PRK has an appropriate level of bad loans (0.9%).

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What is Park National current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Upcoming Dividend Payment

TodayAug 09 2022Ex Dividend DateAug 18 2022Dividend Pay DateSep 09 202222 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PRK's dividend (3.17%) is higher than the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: PRK's dividend (3.17%) is low compared to the top 25% of dividend payers in the US market (4.1%).

Stability and Growth of Payments

Stable Dividend: PRK's dividends per share have been stable in the past 10 years.

Growing Dividend: PRK's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (46.3%), PRK's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.

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How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


David Trautman (60 yo)





Mr. David L. Trautman has been the Chief Executive Officer of Park National Corporation and its subsidiary Park National Bank since January 1, 2014. Mr. Trautman serves as Chairman at Park National Corpora...

CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD2.33M) is below average for companies of similar size in the US market ($USD5.43M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: PRK's management team is seasoned and experienced (7 years average tenure).

Board Members

Experienced Board: PRK's board of directors are seasoned and experienced ( 11 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Park National Corporation's employee growth, exchange listings and data sources

Key Information

  • Name: Park National Corporation
  • Ticker: PRK
  • Exchange: NYSEAM
  • Founded: 1908
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$2.135b
  • Shares outstanding: 16.25m
  • Website:

Number of Employees


  • Park National Corporation
  • 50 North Third Street
  • PO Box 3500
  • Newark
  • Ohio
  • 43058-3500
  • United States


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/08 00:00
End of Day Share Price2022/08/08 00:00
Annual Earnings2021/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.