Park National (PRK) AI Stock Analysis

• Market Cap: $2.67B
• Dividend Yield: 2.87%
• Average Volume (3M): 50.33K
• Price to Earnings (P/E): 16.1
• Beta (1Y): 0.92
• Revenue Growth: 10.28%
• EPS Growth: 22.73%
• Country: US
• Employees: 1,620
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 2.90
• Shares Outstanding: 16,071,346
• 10 Day Avg. Volume: 62,518
• 30 Day Avg. Volume: 50,333
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.07
• Enterprise Value/Revenue: 4.41
• Enterprise Value/Gross Profit: 5.56
• Enterprise Value/Ebitda: 13.95
• 1Y Price Target: $173.00
• Price Target Upside: 4.13% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 73 Outperform
• Price Target: $185.00 ▲(11.35% Upside)

Park National's overall stock score of 73 reflects its strong financial performance, characterized by solid profitability and efficient cash flow management. The technical analysis indicates a neutral to slightly bearish short-term trend, while the valuation suggests the stock is fairly valued with a reasonable dividend yield. The absence of earnings call and corporate events data did not impact the score.

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; 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. In addition, the company offers aircraft financing and asset management services. As of December 31, 2021, it operated 96 financial service offices and a network of 116 automated teller machines in 26 Ohio counties, 1 Kentucky county, 3 North Carolina counties, and 4 South Carolina counties. The company was founded in 1908 and is headquartered in Newark, Ohio.

How the Company Makes Money

Park National generates revenue primarily through interest income from loans and fees associated with banking services. The main revenue streams include interest earned on various types of loans, such as commercial, residential, and consumer loans, as well as interest from investment securities. Additionally, the company earns non-interest income from service charges on deposit accounts, transaction fees, and wealth management services. Significant partnerships with local businesses and municipalities enhance its service offerings and customer base, contributing to its overall earnings. The bank's focus on community banking and personalized customer service also helps maintain a loyal clientele, which is crucial for sustaining its revenue growth.

Park National Financial Statement Overview

Summary

Park National exhibits solid financial health with strong profitability, efficient cash flow management, and a stable balance sheet. Revenue and net income growth trends are positive, although slight declines in EBIT margins and ROE suggest areas for improvement. The company's conservative leverage and robust equity position provide a strong foundation for continued financial stability and potential growth.

Income Statement

Park National has demonstrated consistent revenue growth with a notable increase in TTM revenue by approximately 12.9% compared to the previous year. The gross profit margin remains robust at around 73.1% for TTM, signifying strong cost management. The EBIT margin for TTM is solid at 25.2%, although slightly lower than previous years, indicating stable operational efficiency. Net profit margin for TTM improved to 26.9%, reflecting enhanced profitability. Overall, the company shows strong financial performance with healthy profitability metrics, but slight declines in EBIT margin suggest potential pressures on operating income.

Balance Sheet

The company's balance sheet reflects a stable financial position with a debt-to-equity ratio of approximately 0.21 for TTM, indicating conservative leverage. The equity ratio is 12.9%, showing a sufficient equity buffer. However, the return on equity (ROE) for TTM is 12.4%, slightly lower than previous periods, suggesting moderate returns on shareholders' investments. Overall, the balance sheet demonstrates financial strength with low leverage, though there is room for improvement in ROE.

Cash Flow

Park National's cash flow analysis shows a slight reduction in operating cash flow for TTM but maintains a strong free cash flow of $98.98 million. The operating cash flow to net income ratio is 0.73, indicating healthy cash generation relative to earnings. The free cash flow to net income ratio is 0.62, suggesting ample free cash flow. Despite a decline in free cash flow growth compared to the previous year, the company efficiently manages its cash flow, supporting its strong liquidity position.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	650.66M	645.55M	564.30M	514.18M	475.80M	453.29M
Gross Profit	515.79M	506.06M	462.84M	478.44M	471.75M	453.29M
EBITDA	205.50M	196.92M	167.62M	194.28M	187.46M	167.71M
Net Income	158.37M	151.42M	126.73M	148.35M	153.94M	127.92M
Balance Sheet
Total Assets	9.89B	9.81B	9.84B	9.85B	9.56B	9.28B
Cash, Cash Equivalents and Short-Term Investments	938.24M	1.16B	1.55B	1.92B	1.97B	1.43B
Total Debt	288.42M	206.16M	425.75M	435.30M	441.33M	578.56M
Total Liabilities	8.61B	8.56B	8.69B	8.79B	8.45B	8.24B
Stockholders Equity	1.28B	1.24B	1.15B	1.07B	1.11B	1.04B
Cash Flow
Free Cash Flow	135.77M	169.66M	142.91M	126.92M	143.24M	83.01M
Operating Cash Flow	181.70M	179.15M	150.50M	134.86M	157.33M	111.65M
Investing Cash Flow	-40.21M	-19.15M	64.16M	-403.70M	-412.14M	-455.90M
Financing Cash Flow	-209.96M	-217.40M	-186.12M	239.38M	103.52M	554.77M

Park National Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 166.14
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PRK, the sentiment is Negative. The current price of 166.14 is below the 20-day moving average (MA) of 170.08, below the 50-day MA of 167.35, and above the 200-day MA of 163.46, indicating a neutral trend. The MACD of -0.26 indicates Positive momentum. The RSI at 45.95 is Neutral, neither overbought nor oversold. The STOCH value of 48.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PRK.

Park National Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SBCF	75 Outperform	2.68B	18.79	6.11%	2.36%	5.70%	18.72%
PRK	73 Outperform	$2.67B	16.15	13.49%	2.87%	10.28%	22.73%
CVBF	72 Outperform	2.70B	13.40	9.09%	4.08%	-5.14%	-0.70%
BOH	71 Outperform	2.63B	17.33	9.82%	4.23%	2.74%	7.24%
BANC	71 Outperform	2.63B	25.57	4.31%	2.39%	49.10%	―
FBK	70 Neutral	2.95B	28.33	5.61%	1.35%	-5.80%	-22.11%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Park National Corporate Events

Park National to Present Investor Insights August 2025

On or after August 4, 2025, Park National Corporation plans to present an investor presentation to analysts and investors, highlighting its financial performance and strategic initiatives. The presentation includes forward-looking statements and non-GAAP financial measures, providing insights into the company’s expectations and potential risks. Park National’s strong profitability, market share, and capital base position it well in the financial services industry, with a focus on maintaining high-quality funding and credit standards.

The most recent analyst rating on (PRK) stock is a Hold with a $178.00 price target. To see the full list of analyst forecasts on Park National stock, see the PRK Stock Forecast page.

Park National Appoints Matthew R. Miller as CEO

On July 28, 2025, Park National Corporation’s Board of Directors elected Matthew R. Miller as the new Chief Executive Officer, effective January 1, 2026, succeeding David L. Trautman, who will continue as Board Chair. This leadership transition is part of Park’s succession planning, ensuring governance continuity and reflecting the board’s confidence in Miller’s strategic capabilities and dedication to community service, which have been pivotal in Park’s growth and service delivery.

The most recent analyst rating on (PRK) stock is a Hold with a $178.00 price target. To see the full list of analyst forecasts on Park National stock, see the PRK Stock Forecast page.

Park National Reports Strong Q2 2025 Financial Results

Park National Corporation reported a significant increase in net income for the second quarter and first half of 2025, with a 22.2% rise in quarterly net income and a 21.1% increase for the first half compared to the same periods in 2024. This growth was driven by disciplined expense control, margin expansion, and solid loan and deposit growth, reflecting the company’s strong financial performance and strategic execution. The board declared a quarterly cash dividend of $1.07 per common share, payable in September 2025, highlighting the company’s commitment to delivering long-term value to shareholders.

The most recent analyst rating on (PRK) stock is a Hold with a $178.00 price target. To see the full list of analyst forecasts on Park National stock, see the PRK Stock Forecast page.

Park National to Redeem $175M Subordinated Notes

On July 11, 2025, Park National Corporation announced its decision to redeem all of its $175 million outstanding 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 on September 1, 2025. This move reflects the company’s strategic financial management and could impact its financial operations and market positioning, while stakeholders are advised to refer to the official notice for details.

The most recent analyst rating on (PRK) stock is a Hold with a $170.00 price target. To see the full list of analyst forecasts on Park National stock, see the PRK Stock Forecast page.