PRK

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Park National (PRK) has drawn fresh attention after reporting first quarter 2026 results that paired higher net interest income with slightly lower earnings per share, alongside a reaffirmed quarterly cash dividend of $1.10 per share. See our latest analysis for Park National. At a share price of $173.26, Park National has seen a 12.27% year-to-date share price return and an 11.80% one-year total shareholder return. The very large three-year total shareholder return of 81.19% suggests momentum has been building as investors digest steady earnings, higher net charge-offs and the reaffirmed dividend. If this kind of steady banking story has you thinking about what else is moving, it can be useful to widen your search and uncover 17 top founder-led companies With earnings per share dipping while net interest income, returns and an implied intrinsic discount are all in focus, the key question for you is simple: is Park National undervalued or already pricing in future growth? Park National is trading on a P/E of 17.5x, a level that sits above both its estimated fair P/E of 13.2x and the wider US Banks industry average of 11.4x. The P/E ratio compares the current share price to earnings per share, so a higher multiple usually reflects the market paying more for each dollar of earnings. For a bank like Park National, this often connects to expectations around future earnings growth, perceived earnings quality and the stability of the dividend. Here, the current multiple lines up with a few moving parts. Earnings have grown 2.2% per year over the past 5 years, with 13.4% growth in the most recent year, and forecasts point to further earnings growth of 14.6% per year. At the same time, the company is described as having high quality earnings, net profit margins of 31.3% compared with 30.7% last year, and a dividend yield of 2.54% that is considered reliable. Those features help explain why the market might be comfortable assigning a premium P/E, even though forecast earnings and revenue growth are both flagged as slower than the wider US market and the Banks industry. Against the US Banks industry, the contrast is clear. Park National trades on a 17.5x P/E compared with an industry average of 11.4x, and above an estimated fair P/E of 13.2x that the market coul...

Park National (PRK) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +15.25%. A quarter ago, it was expected that this financial services holding company would post earnings of $2.77 per share when it actually produced earnings of $2.93, delivering a surprise of +5.78%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Park National, which belongs to the Zacks Banks - Midwest industry, posted revenues of $159.51 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.45%. This compares to year-ago revenues of $130.12 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Park National shares have added about 13.8% since the beginning of the year versus the S&P 500's gain of 3.8%. While Park National has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Park National was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zac...

Park National (PRK) reported Q1 adjusted earnings late Friday of $3.06 per diluted share, up from $2

NEWARK, Ohio, April 24, 2026 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the first quarter of 2026. Park's board of directors declared a quarterly cash dividend of $1.10 per common share, payable on June 10, 2026, to common shareholders of record as of May 15, 2026. On February 1, 2026, Park successfully completed its previously announced merger transaction with First Citizens Bancshares, Inc. (“First Citizens”) through an all-stock transaction. Park's results for the first quarter of 2026 reflected the impact of merger-related expenses as well as an expanded income and expense base resulting from the transaction. “Our strategy to combine solid financial performance with intentional growth through partnerships in high-opportunity markets is delivering positive results,” said Park CEO and President, Matthew R. Miller. “Our expansion into Tennessee positions us to deliver even greater value across our communities while continuing to provide the personalized, relationship-driven banking our customers expect. We’re energized by the opportunity to expand our impact while staying true to our community banking roots.” Park’s net income for the first quarter of 2026 was $41.7 million, a 1.1 percent decrease from $42.2 million for the first quarter of 2025. The first quarter of 2026 included $15.5 million ($12.4 million after tax) in merger related expenses. First quarter 2026 net income per diluted common share was $2.39, compared to $2.60 for the first quarter of 2025. Park’s total loans increased $1.62 billion, or 20.1 percent, during 2026. The increase to total loans included $1.58 billion in loans acquired through the First Citizens transaction. Park's total deposits increased $2.76 billion, or 33.4 percent, during 2026, with an increase of 31.8 percent including off balance sheet deposits. The increase in total deposits included $2.22 billion in deposits acquired through the First Citizens transaction. The combination of solid loan growth and steady deposits contributed to Park's success in 2026. “Our performance is a direct result of the skill, dedication and empathy our colleagues bring to their work every day. Their commitment to serve customers and strengthen our communities defines our organization,” said Park Chairman, David L. Trautman. “We’re grateful to play a small role in the lives of...

For the quarter ended March 2026, Park National (PRK) reported revenue of $159.51 million, up 22.6% over the same period last year. EPS came in at $3.06, compared to $2.57 in the year-ago quarter. The reported revenue represents a surprise of +3.45% over the Zacks Consensus Estimate of $154.2 million. With the consensus EPS estimate being $2.66, the EPS surprise was +15.25%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Park National performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 4.8% versus 4.5% estimated by two analysts on average. Efficiency ratio: 65.5% versus 59.5% estimated by two analysts on average. Total Non Interest Income: $33.73 million versus $35.3 million estimated by two analysts on average. Net Interest Income: $125.78 million compared to the $119.39 million average estimate based on two analysts. View all Key Company Metrics for Park National here>>> Shares of Park National have returned +8.3% over the past month versus the Zacks S&P 500 composite's +8.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Park National Corporation (PRK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

NEWARK, Ohio (AP) — NEWARK, Ohio (AP) — Park National Corp. (PRK) on Friday reported net income of $41.7 million in its first quarter. The bank, based in Newark, Ohio, said it had earnings of $2.39 per share. Earnings, adjusted for non-recurring costs, were $3.06 per share. The financial services holding company posted revenue of $188.5 million in the period. Its revenue net of interest expense was $159.5 million, topping Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRK at https://www.zacks.com/ap/PRK

First Western (MYFW) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +43.18%. A quarter ago, it was expected that this company would post earnings of $0.47 per share when it actually produced earnings of $0.34, delivering a surprise of -27.66%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. First Western, which belongs to the Zacks Banks - Midwest industry, posted revenues of $27.54 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.36%. This compares to year-ago revenues of $24.8 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. First Western shares have lost about 3.7% since the beginning of the year versus the S&P 500's gain of 4.3%. While First Western has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for First Western was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) s...

Peoples Bancorp (PEBO) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.8 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.18%. A quarter ago, it was expected that this financial services and products company would post earnings of $0.88 per share when it actually produced earnings of $0.93, delivering a surprise of +5.68%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Peoples Bancorp, which belongs to the Zacks Banks - Midwest industry, posted revenues of $118.67 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.49%. This compares to year-ago revenues of $112.35 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Peoples Bancorp shares have added about 15.7% since the beginning of the year versus the S&P 500's gain of 3.9%. While Peoples Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Peoples Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list...

Park National (PRK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This financial services holding company is expected to post quarterly earnings of $2.66 per share in its upcoming report, which represents a year-over-year change of +3.5%. Revenues are expected to be $154.2 million, up 18.5% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.6% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP rea...

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Park National (PRK) has moved onto more investors’ watchlists after reporting fourth quarter results that topped analyst earnings and revenue expectations, alongside announcing a higher quarterly dividend of US$1.10 per share. See our latest analysis for Park National. At a share price of US$158.80, Park National’s recent 7 day share price return of a 5.61% decline contrasts with a 30 day share price return of 1.85% and a 5 year total shareholder return of 72.56%. This suggests that long term compounding has been stronger than the latest pullback, even after the earnings beat, lower net loan charge offs and higher dividend. If this kind of bank earnings story has you looking wider, it could be a good time to scan stable growth stocks screener (None results) for other ideas with steadier share price trends and fundamentals. With earnings ahead of expectations, a higher dividend locked in, and the share price still below the average analyst target and intrinsic estimate, is Park National quietly undervalued here or already reflecting the growth investors are hoping for? On the numbers provided, Park National trades on a P/E of 14.2x, which sits above both its peer group and the wider US banks sector. The P/E ratio compares the current share price with earnings per share, so for a bank like Park National it reflects what investors are currently paying for each dollar of earnings. A higher P/E can sometimes indicate that the market is comfortable paying up for the quality of earnings, consistency of results, or perceived resilience of the franchise. Here, the picture is mixed. On one hand, Park National is flagged as trading at a 34% discount to an estimated fair value based on future cash flows of $240.64, and earnings are forecast to grow 7.37% per year with net profit margins currently at 33%. On the other hand, that 14.2x P/E is described as expensive versus an estimated fair P/E of 11.9x, as well as against a peer average of 12.5x and a US banks industry average of 11.8x. This suggests the market is assigning a premium multiple above the level some models indicate it could revert toward. Compared with peers and the broader US banks group, this higher P/E stands out as a firmer valuation hurdle rather than a discount. It...

Park National (PRK) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $2.77 per share. This compares to earnings of $2.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.90%. A quarter ago, it was expected that this financial services holding company would post earnings of $2.73 per share when it actually produced earnings of $2.87, delivering a surprise of +5.13%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Park National, which belongs to the Zacks Banks - Midwest industry, posted revenues of $144.3 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.26%. This compares to year-ago revenues of $134.51 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Park National shares have added about 5.1% since the beginning of the year versus the S&P 500's gain of 1%. While Park National has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Park National was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today...

NEWARK, Ohio, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the fourth quarter and full year of 2025. Park's board of directors declared a quarterly cash dividend of $1.10 per common share, payable on March 10, 2026, to common shareholders of record as of February 20, 2026. “Our performance reflects the hard work and dedication our associates demonstrate in service to others,” said Park Chairman David Trautman. “With earnings and dividends at their highest levels, we’re delivering solid value for our fellow shareholders. We will build on this momentum by staying true to our purpose of helping everyone with whom we come in contact flourish.” Park’s net income for the fourth quarter of 2025 was $42.6 million, a 10.4 percent increase from $38.6 million for the fourth quarter of 2024. Fourth quarter 2025 net income per diluted common share was $2.63, compared to $2.37 for the fourth quarter of 2024. Park's net income for the full year of 2025 was $180.1 million, an 18.9 percent increase from $151.4 million for the full year of 2024. Net income per diluted common share for the full year of 2024 was $11.11 compared to $9.32 for the full year of 2024. “Our loan and deposit growth demonstrate the strength of our relationships and the trust our customers place in us,” said Park CEO & President Matthew Miller. “Looking ahead to the expected closing of First Citizens Bancshares, Inc. on February 1, 2026, we’re energized by the opportunities the partnership will create. The upcoming close is possible because of the dedication of our Park colleagues and our new colleagues from First Citizens. We are grateful for every opportunity to serve our customers and communities.” Park’s total loans increased 3.0 percent during 2025. Park's total deposits increased 1.2 percent during 2025, with an increase of 1.1 percent including off balance sheet deposits. The combination of solid loan growth and steady deposits contributed to Park's success in 2025. Headquartered in Newark, Ohio, Park National Corporation has $9.8 billion in total assets (as of December 31, 2025). Park's banking operations are conducted through its subsidiary, The Park National Bank. Other Park subsidiaries are Scope Leasing, Inc. (d.b.a. Scope Aircraft Finance), Park Investments, Inc. and SE Property Holdings, LLC. Complete financial...