Park National Corp. (PRK)
:PRK
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Park National
(PRK)
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Rating:73Outperform
Price Target:
$185.00
▲(7.48% Upside)
Action:UpgradedDate:02/24/26
The score is driven primarily by strong fundamentals—improving profitability and a strengthened, conservatively levered balance sheet—partly tempered by inconsistent cash-flow trends. Valuation is supportive with a moderate P/E and a solid dividend yield, while technicals are mixed with neutral momentum and mild near-term weakness. Recent corporate events are a net positive due to the completed acquisition and dividend increase.
Positive Factors
Completed Strategic Acquisition
The First Citizens all‑stock merger materially increases scale and geographic diversification with pro forma assets, deposits and loan balances. Greater scale should improve funding diversity, revenue mix and regional market share, supporting durable growth and cross‑sell opportunities during integration.
Negative Factors
Cash‑Flow Volatility
Sharp FCF decline and uneven operating cash flows reduce the reliability of earnings conversion to cash, which can constrain organic reinvestment, M&A funding and payout flexibility. Persistent volatility raises the probability of short‑term liquidity or funding strain during integration or stress periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Completed Strategic Acquisition
The First Citizens all‑stock merger materially increases scale and geographic diversification with pro forma assets, deposits and loan balances. Greater scale should improve funding diversity, revenue mix and regional market share, supporting durable growth and cross‑sell opportunities during integration.
Read all positive factors
Park National (PRK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.11B
Dividend Yield2.96%
Average Volume (3M)99.68K
Price to Earnings (P/E)13.6
Beta (1Y)0.81
Revenue Growth6.29%
EPS Growth28.28%
CountryUS
Employees1,620
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)2.93
Shares Outstanding18,066,393
10 Day Avg. Volume73,084
30 Day Avg. Volume99,680
Financial Highlights & Ratios
PEG Ratio0.71
Price to Book (P/B)1.81
Price to Sales (P/S)3.68
P/FCF Ratio12.75
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue4.69
Enterprise Value/Gross Profit5.72
Enterprise Value/Ebitda13.57
Forecast
1Y Price Target
$183.00Price Target Upside6.31% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)11.74
Revenue Forecast (FY)$671.38M
Park National Business Overview & Revenue Model
Company Description
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; tru...
How the Company Makes Money
Park National generates revenue primarily through interest income from loans and investments, as well as non-interest income from fees for various banking services. The company's key revenue streams include interest earned on consumer loans, comme...
Park National Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
86
Very Positive
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 664.42M | 645.55M | 564.30M | 514.18M | 475.80M |
| Gross Profit | 545.70M | 506.06M | 462.84M | 478.44M | 471.75M |
| EBITDA | 229.89M | 196.92M | 167.62M | 194.28M | 201.50M |
| Net Income | 180.07M | 151.42M | 126.73M | 148.35M | 153.94M |
Balance Sheet | |||||
| Total Assets | 9.81B | 9.81B | 9.84B | 9.85B | 9.56B |
| Cash, Cash Equivalents and Short-Term Investments | 137.24M | 1.16B | 1.55B | 1.92B | 1.97B |
| Total Debt | 98.77M | 296.59M | 425.75M | 435.30M | 441.33M |
| Total Liabilities | 8.45B | 8.56B | 8.69B | 8.79B | 8.45B |
| Stockholders Equity | 1.35B | 1.24B | 1.15B | 1.07B | 1.11B |
Cash Flow | |||||
| Free Cash Flow | 191.95M | 169.66M | 142.91M | 126.92M | 143.24M |
| Operating Cash Flow | 198.32M | 178.85M | 150.50M | 134.86M | 157.33M |
| Investing Cash Flow | 86.16M | -19.15M | 64.16M | -403.70M | -412.14M |
| Financing Cash Flow | -211.53M | -217.40M | -186.12M | 239.38M | 103.52M |
Park National Technical Analysis
Positive
172.13
Price Trends
164.88
Positive
160.85
Positive
161.02
Positive
Market Momentum
1.25
Negative
68.65
Neutral
92.65
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PRK, the sentiment is Positive. The current price of 172.13 is above the 20-day moving average (MA) of 159.91, above the 50-day MA of 164.88, and above the 200-day MA of 161.02, indicating a bullish trend. The MACD of 1.25 indicates Negative momentum. The RSI at 68.65 is Neutral, neither overbought nor oversold. The STOCH value of 92.65 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PRK.
Park National Risk Analysis
Park National disclosed 34 risk factors in its most recent earnings report. Park National reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Park National Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $3.10B | 13.16 | 11.62% | 3.99% | 3.40% | 23.04% | |
73 Outperform | $3.11B | 13.59 | 13.70% | 2.96% | 6.29% | 28.28% | |
72 Outperform | $3.14B | 19.14 | 5.83% | 2.25% | 6.83% | 23.44% | |
71 Outperform | $2.76B | 12.23 | 9.25% | 4.00% | -8.43% | 3.75% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | $2.89B | 24.15 | 6.87% | 1.34% | 10.50% | -6.22% | |
63 Neutral | $2.95B | 13.10 | 6.56% | 2.03% | 20.64% | ― |
* Financial Sector Average
PRK
Park National
172.13
35.16
25.67%
BOH
Bank Of Hawaii
78.23
20.19
34.79%
CVBF
Cvb Financial
20.30
4.43
27.94%
BANC
Banc of California
18.49
6.70
56.79%
SBCF
Seacoast Banking Of Florida
32.08
10.61
49.45%
FBK
FB Financial
55.90
15.72
39.12%
Park National Corporate Events
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Park National Completes First Citizens Bancshares Acquisition Expansion
Positive
Feb 9, 2026
Park National Corporation has released an investor presentation intended for use with analysts and investors on or after February 9, 2026, detailing its financial position and strategic developments. As of December 31, 2025, the company reported $...
Business Operations and StrategyExecutive/Board ChangesM&A Transactions
Park National completes all-stock merger with First Citizens
Positive
Feb 2, 2026
On February 1, 2026, Park National Corporation completed its all‑stock merger with First Citizens Bancshares, Inc., converting each First Citizens share into 0.52 of a Park common share and immediately consolidating First Citizens National B...
Business Operations and StrategyDividendsFinancial DisclosuresM&A TransactionsShareholder Meetings
Park National Boosts Dividend Amid Ongoing First Citizens Merger
Positive
Jan 26, 2026
For 2025, Park National Corporation reported strong earnings growth, with full-year net income rising 18.9% to $180.1 million and fourth-quarter net income increasing 10.4% year-on-year to $42.6 million, driven by higher net interest income from l...
Executive/Board Changes
Park National announces retirement of longtime board leader
Neutral
Jan 5, 2026
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 imme...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.