Park National Corp
About: Park National Corp is a diversified financial services company based in Newark, Ohio, consisting of 11 community banking divisions with more than 100 offices in Ohio and Kentucky. Park National provides banking and other financial services to consumers and businesses.
Employees: 1,876
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
26% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 57
2% more funds holding
Funds holding: 207 [Q3] → 211 (+4) [Q4]
1.45% more ownership
Funds ownership: 54.07% [Q3] → 55.52% (+1.45%) [Q4]
5% more capital invested
Capital invested by funds: $1.47B [Q3] → $1.54B (+$71.3M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$178
14%
upside
Avg. target
$178
14%
upside
High target
$178
14%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Keefe, Bruyette & Woods Damon Delmonte 19% 1-year accuracy 5 / 27 met price target | 14%upside $178 | Market Perform Reiterated | 29 Jan 2025 |
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
23 Upcoming Dividend Increases, Including 2 Kings
Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indicate financial health, attracting investors and boosting stock prices, leading to long-term wealth accumulation. Investment strategy focuses on stocks with rising dividends and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ.
Positive
Zacks Investment Research
1 month ago
Park National (PRK) Q4 Earnings and Revenues Beat Estimates
Park National (PRK) came out with quarterly earnings of $2.36 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Park National Corporation reports 2024 results
NEWARK, Ohio, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the fourth quarter and full year of 2024. Park's board of directors declared a quarterly cash dividend of $1.07 per common share, payable on March 10, 2025, to common shareholders of record as of February 14, 2025.
Neutral
GlobeNewsWire
4 months ago
DFCU Financial Announces Intent to Acquire Winter Park National Bank, Expanding Florida Footprint
DEARBORN, Mich. and WINTER PARK, Fla., Nov. 08, 2024 (GLOBE NEWSWIRE) -- DFCU Financial, one of Michigan's largest and most trusted credit unions, is pleased to announce its intent to acquire Winter Park National Bank (WPNB), a well-established financial institution based in Winter Park, FL. This acquisition marks DFCU Financial's third transaction within the state of Florida, furthering its commitment to providing comprehensive financial services and superior member experiences across the region.
Negative
Zacks Investment Research
4 months ago
Park National (PRK) Q3 Earnings Miss Estimates
Park National (PRK) came out with quarterly earnings of $2.25 per share, missing the Zacks Consensus Estimate of $2.31 per share. This compares to earnings of $2.28 per share a year ago.
Neutral
GlobeNewsWire
4 months ago
Park National Corporation reports financial results for third quarter and first nine months of 2024
NEWARK, Ohio, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the third quarter and first nine months of 2024. Park's board of directors declared a quarterly cash dividend of $1.06 per common share and a special one-time dividend of $0.50 per common share, both payable on December 10, 2024, to common shareholders of record as of November 15, 2024.
Positive
Zacks Investment Research
7 months ago
Park National (PRK) Q2 Earnings and Revenues Beat Estimates
Park National (PRK) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $1.95 per share a year ago.
Neutral
GlobeNewsWire
7 months ago
Park National Corporation reports financial results for second quarter and first half of 2024
NEWARK, Ohio, July 22, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the second quarter and first half of 2024. Park's board of directors declared a quarterly cash dividend of $1.06 per common share, payable on September 10, 2024, to common shareholders of record as of August 16, 2024.
Positive
Zacks Investment Research
7 months ago
Park National (PRK) Moves 4.6% Higher: Will This Strength Last?
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.
Neutral
GlobeNewsWire
9 months ago
Park National Corporation welcomes Kelly Gratz and Karen Morrison to Board of Directors
NEWARK, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- Park National Corporation's (NYSE American: PRK) (Park) board of directors announced today that they elected Karen Morrison and Kelly Gratz to serve as directors effective July 1, 2024. Both will also join the board of directors of The Park National Bank, Park's banking subsidiary, effective on the same date. These elections expand Park's board to 16 directors, including one director emeritus.
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