Park National Corp - Company Profile
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Park National Corp (Park) is a financial holding company regulated under the Bank Holding Company Act. The company's main activities involve owning and overseeing its subsidiaries, primarily engaged in banking operations. Park's major services include commercial and consumer banking, wealth management, and aircraft financing. The company's services cater to consumers and businesses across various industries, including commercial, industrial, and real estate sectors. Park delivers its financial products through a network of branches, ATMs, and digital banking platforms. Geographically, Park operates in Ohio, Kentucky, North Carolina, and South Carolina, focusing on small and medium population areas and metropolitan regions. Park is headquartered in Newark, Ohio, United States.
Headquarters
United States of America
Address
50 North Third St, P.O. Box 3500, Newark, Ohio, 43058-3500
Website
parknationalcorp.com
Telephone
740 349 8451
No of Employees
1,694
Industry
Financial Services
Ticker Symbol & Exchange
PRK (AFM)
Revenue (2024)
$664.4M
2.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
18.9%
(2024 vs 2023)
Market Cap*
$3.7B
Net Profit Margin (2024)
XYZ
15.5%
(2024 vs 2023)
* As of and is in US$
Park National Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts | Trust Services |
| Deposits | Wealth Management |
| Investment Products | Cash Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company signed a merger agreement with First Citizens Bancshares Inc. |
| 2024 | Corporate Awards | In August, the company’s Park National Bank recognized as top 1 best bank in 2024 in Ohio by Forbes. |
| 2023 | Plans/Strategy | In October, the company’s subsidiary announced its plans to restructure its footprint of banking offices in early 2024, developing, relocating, and closing some locations in the markets it serves. |
Competitor Comparison
| Key Parameters | Park National Corp | First Citizens BancShares Inc | Fifth Third Bancorp | Huntington Bancshares Inc | First Financial Bancorp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Newark | Raleigh | Cincinnati | Columbus | Cincinnati |
| State/Province | Ohio | North Carolina | Ohio | Ohio | Ohio |
| No. of Employees | 1,694 | 17,876 | 25,197 | 20,424 | 2,371 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David L. Trautman | Chairman; Chief Executive Officer | Executive Board | 2019 | 64 |
| Matthew R. Miller | Director; President | Executive Board | 2019 | 47 |
| Brady T. Burt | Secretary; Chief Financial Officer | Senior Management | 2014 | 53 |
| Leon Zazworsky | Director | Non Executive Board | 2003 | 77 |
| Donna M. Alvarado | Director | Non Executive Board | 2013 | 77 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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