Park National announces retirement of longtime board leader

Park National ( (PRK) ) just unveiled an update.

On December 29, 2025, Park National Corporation announced that long-serving director C. Daniel DeLawder will retire and not stand for re-election to the boards of Park National Corporation and Park National Bank, with his director term ending immediately before the 2026 Annual Meeting of Shareholders. DeLawder, whose 55-year career at the bank included 15 years as CEO and leadership roles such as Chair of the Executive Committee and Chair of the PNB Wealth Management Committee, will leave a significant leadership vacancy that the Nominating and Corporate Governance Committee plans to address at its next meeting, potentially shaping the company’s future governance and strategic direction.

The most recent analyst rating on (PRK) stock is a Buy with a $177.00 price target. To see the full list of analyst forecasts on Park National stock, see the PRK Stock Forecast page.

Spark’s Take on PRK Stock

According to Spark, TipRanks’ AI Analyst, PRK is a Outperform.

Park National’s overall stock score is driven by a strong corporate event outlook due to the strategic merger with First Citizens, which is expected to enhance market positioning. The stock’s valuation is attractive with a reasonable P/E ratio and a solid dividend yield. However, mixed financial performance and potential cash flow challenges slightly offset these positives. Technical analysis supports a moderately positive outlook, though caution is advised due to potential overbought conditions.

To see Spark’s full report on PRK stock, click here.

More about Park National

Park National Corporation operates as a bank holding company for Park National Bank, providing a range of banking and wealth management services to individuals and businesses through its regional banking network.

Average Trading Volume: 65,588

Technical Sentiment Signal: Hold

Current Market Cap: $2.48B

Find detailed analytics on PRK stock on TipRanks’ Stock Analysis page.