The latest announcement is out from Park National ( (PRK) ).
Park National Corporation has released an investor presentation highlighting its financial performance and strategic positioning as of December 31, 2024. The presentation underscores the company’s stable operating results, low-cost funding profile, and diversified loan portfolio. Park National’s expansion into new geographic markets with strong population growth and low unemployment rates presents promising opportunities for customer and revenue growth. The company also emphasizes its robust risk management and competitive positioning in the financial services sector.
More about Park National
Park National Corporation operates in the financial services industry, primarily through its bank subsidiary, The Park National Bank, headquartered in Newark, Ohio. Founded in 1908, the company manages $9.8 billion in total assets and $8.8 billion in assets under management as of December 31, 2024. Park National offers a diversified revenue base with a significant portion of non-interest income and maintains a strong deposit market share in its key Ohio markets.
YTD Price Performance: -7.40%
Average Trading Volume: 55,051
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.55B
See more data about PRK stock on TipRanks’ Stock Analysis page.