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Complete financial analysis of Park National Corporation (PRK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Park National Corporation, a leading company in the Banks – Regional industry within the Financial Services sector.
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Park National Corporation (PRK)
About Park National Corporation
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 462.84M | 482.99M | 459.84M | 453.29M | 394.93M | 368.00M | 324.39M | 316.82M | 305.18M | 300.59M | 294.30M | 305.55M | 302.06M | 351.54M | 280.83M | 256.99M | 306.32M | 278.01M | 280.27M | 264.14M | 258.16M | 256.18M | 238.18M | 168.59M | 138.90M | 131.70M | 124.00M | 86.10M | 79.30M | 68.70M | 67.50M | 63.80M | 58.50M | 56.80M | 0.00 | 0.00 |
| Cost of Revenue | -101.46M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 564.30M | 482.99M | 459.84M | 453.29M | 394.93M | 368.00M | 324.39M | 316.82M | 305.18M | 300.59M | 294.30M | 305.55M | 302.06M | 351.54M | 280.83M | 256.99M | 306.32M | 278.01M | 280.27M | 264.14M | 258.16M | 256.18M | 238.18M | 168.59M | 138.90M | 131.70M | 124.00M | 86.10M | 79.30M | 68.70M | 67.50M | 63.80M | 58.50M | 56.80M | 0.00 | 0.00 |
| Gross Profit Ratio | 121.92% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 189.14M | 179.20M | 207.18M | 187.32M | 175.55M | 152.79M | 130.53M | 122.71M | 123.28M | 117.67M | 115.47M | 111.66M | 102.07M | 98.32M | 101.23M | 99.02M | 97.71M | 80.23M | 78.50M | 71.46M | 68.09M | 65.46M | 60.04M | 43.52M | 34.90M | 31.70M | 31.90M | 21.80M | 20.40M | 18.70M | 17.50M | 16.50M | 15.70M | 16.90M | 0.00 | 0.00 |
| Selling & Marketing | 5.47M | 5.34M | 6.07M | 5.83M | 5.75M | 5.14M | 4.37M | 4.52M | 3.98M | 4.37M | 3.79M | 3.47M | 2.97M | 3.66M | 3.78M | 4.53M | 4.96M | 4.44M | 4.20M | 3.97M | 3.59M | 3.51M | 3.37M | 2.72M | 2.30M | 2.20M | 2.20M | 1.50M | 1.40M | 1.30M | 1.30M | 1.20M | 1.10M | 1.30M | 0.00 | 0.00 |
| SG&A | 283.34M | 184.54M | 213.26M | 193.15M | 181.30M | 157.94M | 134.90M | 127.24M | 127.26M | 122.04M | 119.26M | 115.13M | 102.07M | 98.32M | 101.23M | 99.02M | 102.67M | 84.67M | 82.70M | 75.44M | 71.68M | 68.98M | 63.41M | 46.24M | 37.20M | 33.90M | 34.10M | 23.30M | 21.80M | 20.00M | 18.80M | 17.70M | 16.80M | 18.20M | 0.00 | 0.00 |
| Other Expenses | 0.00 | -469.70M | -484.86M | -491.80M | -451.46M | 123.07M | 119.10M | 109.76M | 101.74M | 97.96M | 107.74M | 158.87M | 185.58M | 219.50M | 222.35M | 319.85M | 318.33M | 181.34M | 156.31M | -151.62M | -144.66M | -121.40M | -63.28M | -27.45M | -35.60M | -26.80M | -26.50M | -21.70M | -21.40M | -24.50M | -25.50M | -16.10M | 1.70M | 6.10M | 11.30M | 10.00M |
| Operating Expenses | 283.34M | -285.17M | -271.60M | -298.65M | -270.16M | 281.00M | 254.00M | 237.00M | 229.00M | 220.00M | 227.00M | 274.00M | 310.00M | 346.00M | 352.00M | 440.00M | 421.00M | 266.00M | 239.00M | -76.19M | -72.98M | -52.42M | 138.00K | 18.79M | 1.60M | 7.10M | 7.60M | 1.60M | 400.00K | -4.50M | -6.70M | 1.60M | 18.50M | 24.30M | 11.30M | 10.00M |
| Cost & Expenses | 283.34M | -285.17M | -271.60M | -298.65M | -270.16M | 281.00M | 254.00M | 237.00M | 229.00M | 220.00M | 227.00M | 274.00M | 254.05M | 346.00M | 278.15M | 356.28M | 421.00M | 266.00M | 239.00M | -76.19M | -72.98M | -52.42M | 138.00K | 18.79M | 1.60M | 7.10M | 7.60M | 1.60M | 400.00K | -4.50M | -6.70M | 1.60M | 18.50M | 24.30M | 11.30M | 10.00M |
| Interest Income | 471.67M | 378.25M | 345.85M | 327.63M | 297.74M | 310.80M | 286.42M | 276.26M | 265.07M | 265.14M | 262.95M | 285.74M | 331.88M | 345.52M | 367.69M | 391.34M | 401.82M | 334.56M | 314.46M | 270.99M | 264.63M | 287.92M | 320.35M | 249.33M | 191.90M | 186.00M | 180.50M | 122.30M | 113.20M | 94.90M | 90.40M | 95.80M | 106.60M | 109.50M | 0.00 | 0.00 |
| Interest Expense | 98.56M | 31.19M | 15.96M | 30.09M | 62.76M | 43.90M | 42.67M | 38.17M | 37.44M | 40.10M | 41.92M | 50.42M | 58.65M | 71.47M | 94.20M | 135.47M | 167.15M | 121.32M | 93.90M | 58.70M | 61.99M | 82.59M | 127.40M | 110.44M | 76.10M | 78.30M | 77.00M | 49.30M | 46.80M | 35.20M | 33.80M | 41.60M | 56.40M | 62.10M | 0.00 | 0.00 |
| Depreciation & Amortization | 15.32M | 15.29M | 15.10M | 13.06M | 11.46M | 9.18M | 8.64M | 8.40M | 7.35M | 7.24M | 7.65M | 9.13M | 11.12M | 10.55M | 11.22M | 11.54M | 4.39M | 3.65M | -1.26M | 3.58M | 4.09M | 6.60M | 5.96M | 6.34M | 4.90M | 6.50M | 4.50M | 1.90M | 2.20M | 2.40M | 4.60M | 3.90M | 1.40M | 3.20M | 0.00 | 0.00 |
| EBITDA | 168.93M | 194.28M | 187.46M | 167.71M | 136.23M | 140.48M | 127.11M | 131.29M | 120.93M | 127.66M | 110.01M | 91.29M | 127.67M | 85.29M | 108.38M | 0.00 | 0.00 | 141.07M | 143.61M | 136.16M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.30M | 10.00M |
| EBITDA Ratio | 36.50% | 43.82% | 43.82% | 36.50% | 33.90% | 49.94% | 52.34% | 53.49% | 51.89% | 53.24% | 51.62% | 53.63% | 61.68% | 51.64% | 72.13% | 71.10% | 73.20% | 92.82% | 81.37% | 72.51% | 73.32% | 82.11% | 102.56% | 114.90% | 104.68% | 110.33% | 109.76% | 104.07% | 103.28% | 96.94% | 96.89% | 108.62% | 134.02% | 148.42% | 0.00% | 0.00% |
| Operating Income | 179.50M | 197.83M | 188.24M | 154.65M | 124.77M | 175.20M | 161.13M | 161.07M | 151.02M | 152.79M | 144.28M | 154.75M | 175.20M | 171.00M | 191.33M | 171.19M | 219.82M | 254.39M | 229.32M | 187.95M | 185.18M | 203.76M | 238.32M | 187.38M | 140.50M | 138.80M | 131.60M | 87.70M | 79.70M | 64.20M | 60.80M | 65.40M | 77.00M | 81.10M | 11.30M | 10.00M |
| Operating Income Ratio | 38.78% | 40.96% | 40.94% | 34.12% | 31.59% | 47.61% | 49.67% | 50.84% | 49.49% | 50.83% | 49.02% | 50.65% | 58.00% | 48.64% | 68.13% | 66.61% | 71.76% | 91.51% | 81.82% | 71.16% | 71.73% | 79.54% | 100.06% | 111.15% | 101.15% | 105.39% | 106.13% | 101.86% | 100.50% | 93.45% | 90.07% | 102.51% | 131.62% | 142.78% | 0.00% | 0.00% |
| Total Other Income/Expenses | -25.90M | 0.00 | -24.80M | -40.40M | -31.20M | -23.12M | -18.76M | -26.78M | -18.74M | -19.65M | -25.54M | 10.20M | -11.12M | -10.55M | 0.00 | -54.99M | -54.04M | 0.00 | 0.00 | 0.00 | -61.99M | -82.59M | -127.40M | -110.44M | -76.10M | -78.30M | -77.00M | -49.30M | -46.80M | -35.20M | -35.30M | -42.00M | -56.90M | -62.10M | 0.00 | 0.00 |
| Income Before Tax | 153.60M | 180.46M | 188.24M | 154.65M | 124.77M | 131.30M | 118.47M | 122.90M | 113.58M | 112.69M | 102.36M | 104.33M | 120.56M | 99.53M | 97.14M | 35.72M | 52.68M | 133.08M | 135.42M | 129.25M | 123.19M | 121.18M | 110.92M | 76.94M | 64.40M | 60.50M | 54.60M | 38.40M | 32.90M | 29.00M | 25.50M | 23.40M | 20.10M | 19.00M | 0.00 | 0.00 |
| Income Before Tax Ratio | 33.19% | 37.36% | 40.94% | 34.12% | 31.59% | 35.68% | 36.52% | 38.79% | 37.22% | 37.49% | 34.78% | 34.15% | 39.91% | 28.31% | 34.59% | 13.90% | 17.20% | 47.87% | 48.32% | 48.93% | 47.72% | 47.30% | 46.57% | 45.64% | 46.36% | 45.94% | 44.03% | 44.60% | 41.49% | 42.21% | 37.78% | 36.68% | 34.36% | 33.45% | 0.00% | 0.00% |
| Income Tax Expense | 26.87M | 32.11M | 34.29M | 26.72M | 22.07M | 20.91M | 34.23M | 36.76M | 32.57M | 28.60M | 25.13M | 25.70M | 35.82M | 25.31M | 22.94M | 22.01M | 29.97M | 38.99M | 40.19M | 37.74M | 36.31M | 35.60M | 32.55M | 21.53M | 18.70M | 18.90M | 16.90M | 12.70M | 10.80M | 9.00M | 8.00M | 7.30M | 5.50M | 5.80M | -11.30M | -10.00M |
| Net Income | 126.73M | 148.35M | 153.95M | 127.92M | 102.70M | 110.39M | 84.24M | 86.14M | 81.01M | 84.09M | 77.23M | 78.63M | 84.74M | 74.22M | 74.19M | 13.71M | 22.71M | 94.09M | 95.24M | 91.51M | 86.88M | 85.58M | 78.36M | 55.41M | 45.70M | 41.60M | 37.70M | 25.70M | 22.10M | 20.00M | 19.00M | 16.50M | 15.10M | 13.20M | 11.30M | 10.00M |
| Net Income Ratio | 27.38% | 30.71% | 33.48% | 28.22% | 26.00% | 30.00% | 25.97% | 27.19% | 26.55% | 27.97% | 26.24% | 25.73% | 28.05% | 21.11% | 26.42% | 5.33% | 7.41% | 33.84% | 33.98% | 34.64% | 33.65% | 33.41% | 32.90% | 32.86% | 32.90% | 31.59% | 30.40% | 29.85% | 27.87% | 29.11% | 28.15% | 25.86% | 25.81% | 23.24% | 0.00% | 0.00% |
| EPS | 7.84 | 9.13 | 9.45 | 7.85 | 6.33 | 7.13 | 5.51 | 5.62 | 5.27 | 5.46 | 5.01 | 4.88 | 5.12 | 4.51 | 4.82 | 0.97 | 1.60 | 6.75 | 6.68 | 6.38 | 6.01 | 5.88 | 5.32 | 4.59 | 4.10 | 4.04 | 3.65 | 3.07 | 2.68 | 2.43 | 2.33 | 2.11 | 1.94 | 1.70 | 1.60 | 1.42 |
| EPS Diluted | 7.80 | 9.07 | 9.37 | 7.80 | 6.29 | 7.07 | 5.47 | 5.59 | 5.26 | 5.46 | 5.01 | 4.88 | 5.12 | 4.51 | 4.82 | 0.97 | 1.60 | 6.74 | 6.64 | 6.32 | 5.97 | 5.86 | 5.31 | 4.58 | 4.08 | 4.02 | 3.63 | 3.07 | 2.68 | 2.42 | 2.31 | 2.11 | 1.94 | 1.70 | 1.60 | 1.42 |
| Weighted Avg Shares Out | 16.16M | 16.25M | 16.29M | 16.30M | 16.23M | 15.49M | 15.30M | 15.33M | 15.36M | 15.39M | 15.41M | 15.41M | 15.40M | 15.15M | 14.21M | 13.97M | 14.21M | 13.94M | 14.26M | 14.34M | 14.46M | 14.56M | 14.73M | 11.39M | 10.24M | 11.64M | 10.34M | 8.35M | 7.90M | 8.24M | 8.15M | 7.81M | 7.78M | 7.75M | 7.07M | 7.05M |
| Weighted Avg Shares Out (Dil) | 16.25M | 16.37M | 16.43M | 16.41M | 16.33M | 15.61M | 15.39M | 15.41M | 15.40M | 15.41M | 15.41M | 15.41M | 15.40M | 15.16M | 14.21M | 13.97M | 14.22M | 13.96M | 14.34M | 14.48M | 14.55M | 14.61M | 14.76M | 11.43M | 10.27M | 11.70M | 10.39M | 8.39M | 7.90M | 8.27M | 8.21M | 7.81M | 7.78M | 7.75M | 7.07M | 7.05M |
Park National (PRK) Misses Q2 Earnings and Revenue Estimates
Park National (PRK) came out with quarterly earnings of $1.95 per share, missing the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $2 per share a year ago.
Park National Corporation reports financial results for second quarter and first half of 2023
NEWARK, Ohio, July 24, 2023 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the second quarter and first half of 2023. Park's board of directors declared a quarterly cash dividend of $1.05 per...
Park National (PRK) Earnings Expected to Grow: What to Know Ahead of Q2 Release
Park National (PRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Park National (PRK) Q1 Earnings and Revenues Miss Estimates
Park National (PRK) came out with quarterly earnings of $2.01 per share, missing the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $2.42 per share a year ago.
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Park National (PRK) Lags Q4 Earnings and Revenue Estimates
Park National (PRK) delivered earnings and revenue surprises of -22.71% and 4.65%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Strength Seen in Park National (PRK): Can Its 3.8% Jump Turn into More Strength?
Park National (PRK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Park National (PRK) Q3 Earnings Lag Estimates
Park National (PRK) delivered earnings and revenue surprises of -22.49% and 16.77%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Park National (PRK) Lags Q2 Earnings Estimates
Park National (PRK) delivered earnings and revenue surprises of -2.44% and 4.38%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Park National (PRK) Stock Jumps 3.9%: Will It Continue to Soar?
Park National (PRK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Source: https://incomestatements.info
Category: Stock Reports