Park National Corporation

Park National Corporation

PRKยทAMEX

$168.01

-0.85%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$3.04B
EPS11.1800
P/E Ratio15.03
Earnings Date07/27/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 15.0).

Valuation inputs: P/E 15.0, earnings yield +6.7%, momentum -0.8%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +13.3%, ROIC +1.8%).

Profitability stack: net margin +27.1%, ROE +13.3%, ROIC +1.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +86.2%, momentum -0.8%, net margin +27.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Park National Corporation Market vs Earnings Trajectory

PRK ยท AMEX

Loading price and EPS data...

Park National Corporation

Park National Corporation Fair Value Envelope

PRK ยท AMEX

Our analysis suggests that PRK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $168.01, this represents a potential HIDDEN relative to our calculated worth for Park National Corporation.

Intrinsic Value
Current Price: $168.01
3Y+22.0%
5Y+42.0%
10Y+99.0%
3Y+29.0%
5Y+37.0%
10Y+103.0%
3Y+21.0%
5Y+41.0%
10Y+109.0%
3Y+47.0%
5Y+78.0%
10Y+126.0%
3Y+51.0%
5Y+131.0%
10Y+139.0%
3Y-1.0%
5Y+6.0%
10Y+31.0%
Park National Corporation

Park National Corporation Profit Bridge

PRK ยท AMEX
Revenue664.42M
Cost of Goods Sold (118.72M)
Gross Profit545.70M
Operating Expenses (324.38M)
Operating Income221.32M
Interest Expense (107.23M)
Other Income/Expense0.00
Pretax Income221.32M
Income Tax (41.25M)
Net Income180.07M
Net Income
180.07M

Profitability Analysis

Gross Margin

82.1%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

33.3%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

27.1%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

18.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

82.13%
Gross Profit Margin
5%
3Y-12.0%
5Y-10.0%
10Y-18.0%
33.31%
Operating Profit Margin
16%
3Y-5.0%
5Y+4.0%
10Y-27.0%
27.10%
Net Profit Margin
16%
3Y-6.0%
5Y+2.0%
10Y+3.0%
13.31%
Return on Equity
9%
3Y-4.0%
5Y+8.0%
10Y+15.0%
1.84%
Return on Assets
19%
3Y+22.0%
5Y+33.0%
10Y+59.0%
1.84%
Return on Invested Capital
-80%
3Y-80.0%
5Y-76.0%
10Y+28.0%
PRK

Park National Corporation Cash Conversion Engine

PRK ยท AMEX
Net Income180.07M
Depreciation & Amortization11.19M
Stock-Based Compensation8.61M
Change in Working Capital-3.15M
Others3.13M
Capital Expenditures-6.37M
Free Cash Flow191.95M

Cash Flow Quality Analysis

FCF Conversion Rate

106.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

3.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+13.1%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$3.15M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Park National Corporation Funding & Solvency Profile

PRK ยท AMEX
Cash & Cash Equivalents152.34M
Net Receivables0.00
Inventory0.00
Other Current Assets0.00
Total Current Assets152 M
Property, Plant & Equipment81.60M
Goodwill & Intangible Assets302.56M
Long-Term Investments11.78B
Other Non-Current Assets666.58M
Total Non-Current Assets13 B
Total Assets
12.98B

Financial Health Analysis

Current Ratio

1.01x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

6.63x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

2 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

prk

Park National Corporation Street Expectations Map

PRK ยท AMEX

Wall Street analysts project that PRK stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 188.00, with estimates ranging from a low of 188.00 to a high of 188.00.

Lowest Target
188.00
11.90%
Consensus Target
188.00
11.90%
Highest Target
188.00
11.90%

The consensus 1-year price target stands at 188.00, with estimates ranging from a low of 188.00 to a high of 188.00.

Analyst Consensus Analysis

Upside Potential

+11.9%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Park National Corporation Insider Positioning

PRK ยท AMEX

During the last 12 months, there has been no insider trading activity reported for PRK.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.67%
Dividend Yield
-56%
3Y-26.0%
5Y-30.0%
10Y-34.0%
ย 

prk Dividend History

PRK
10Y CAGR +2%
Latest $1.1
Annual $6.66
5 year growth trend
Last Period: +0%