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Park National Corporation (PRK) provides essential financial services through its community-focused banking network across Ohio, Kentucky, and the Carolinas. This page delivers verified updates about the company’s performance, strategic decisions, and market position.
Investors and stakeholders will find timely announcements including quarterly earnings, merger activity, leadership changes, and product innovations. All content is curated to meet regulatory standards while maintaining accessibility for both professional analysts and individual investors.
Key updates across these areas:
Financial Reporting: SEC filings, dividend declarations, and annual results
Operational Developments: Branch expansions, technology upgrades, and service enhancements
Industry Leadership: Executive appointments and regulatory compliance achievements
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Park National Corporation (NYSE American: PRK) has announced a significant leadership transition, naming Matthew R. Miller as its new Chief Executive Officer, effective January 1, 2026. Miller, who will retain his position as president, succeeds David L. Trautman, who will continue serving as Chair of the Board.
The appointment follows a thorough evaluation by Park's board of directors, who approved Miller's appointment in their July 28 session. Miller has served as Park's president since 2019, while Trautman has held various leadership roles at Park for 42 years, including President (2005-2019), CEO (since 2014), and Board Chair (since 2019).
Park National Corporation (NYSE American: PRK) reported strong financial results for Q2 and H1 2025. Net income for Q2 2025 reached $48.1 million, up 22.2% from Q2 2024, with earnings per diluted share of $2.97 compared to $2.42. First half 2025 net income was $90.3 million, a 21.1% increase from H1 2024.
Key performance metrics showed solid growth with total loans increasing 3.9% year-over-year and a net interest margin expansion to 4.75% in Q2 2025. The company maintained strong asset quality with nonperforming loans at 0.82% of total loans. The board declared a quarterly cash dividend of $1.07 per share, payable September 10, 2025.
Park's total assets stood at $9.9 billion as of June 30, 2025, with period-end deposits showing resilience despite market challenges, decreasing only 0.9% year-over-year.
Park National (PRK) reported strong financial results for Q1 2025, with net income reaching $42.2 million, a 19.8% increase from $35.2 million in Q1 2024. The company's earnings per diluted share rose to $2.60, up from $2.17 in the same period last year.
The bank demonstrated solid growth metrics with total loans increasing by 0.9% (3.5% annualized) and deposits growing by 0.7% (2.9% annualized) during Q1 2025. The company's total assets stood at $9.9 billion as of March 31, 2025.
The board declared a quarterly cash dividend of $1.07 per common share, payable on June 10, 2025, to shareholders of record as of May 16, 2025. The company's net interest margin improved to 4.62%, up from 4.28% in Q1 2024.
Park National (NYSE American: PRK) reported strong financial results for Q4 and full year 2024. The company's net income for Q4 2024 reached $38.6 million, marking a significant 57.7% increase from $24.5 million in Q4 2023. Fourth quarter earnings per diluted share rose to $2.37 from $1.51 year-over-year.
For the full year 2024, Park achieved net income of $151.4 million, up 19.5% from $126.7 million in 2023, with earnings per diluted share increasing to $9.32 from $7.80. The company demonstrated solid growth with total loans increasing by 4.6% and deposits growing by 1.3% (2.7% including off-balance sheet deposits) during 2024. The company's total assets stood at $9.8 billion as of December 31, 2024.
The board declared a quarterly cash dividend of $1.07 per common share, payable March 10, 2025, to shareholders of record as of February 14, 2025.
Park National (PRK) reported strong financial results for Q3 2024, with net income reaching $38.2 million, up 3.5% from Q3 2023. The company's earnings per share increased to $2.35 from $2.28 year-over-year. For the first nine months of 2024, net income grew 10.3% to $112.8 million, with EPS of $6.95. Total loans increased by 3.4% during the first nine months of 2024, while deposits grew 2.1%. The net interest margin improved to 4.45% in Q3 2024, compared to 4.12% in Q3 2023. The board declared a quarterly dividend of $1.06 and a special one-time dividend of $0.50 per share.
Park National (NYSE American: PRK) reported strong financial results for Q2 and H1 2024. Net income for Q2 2024 was $39.4 million, up 24.6% from Q2 2023. Earnings per share for Q2 2024 reached $2.42, compared to $1.94 in Q2 2023. For H1 2024, net income increased 14.2% to $74.6 million, with EPS of $4.60.
The company saw solid loan growth, with total loans up 2.5% in H1 2024 and 6.3% year-over-year. Deposits increased 3.4% in H1 2024. The net interest margin improved to 4.39% in Q2 2024, up from 4.07% in Q2 2023. Park's total assets reached $9.9 billion as of June 30, 2024.
Park's board declared a quarterly cash dividend of $1.06 per common share, payable on September 10, 2024.
Park National (NYSE American: PRK) announced the election of Karen Morrison and Kelly Gratz to its board of directors, effective July 1, 2024. Morrison, president of the OhioHealth Foundation, and Gratz, CEO of G2O, will also join The Park National Bank's board. Their addition expands Park's board to 16 directors. Morrison has over 30 years of experience in healthcare and extensive nonprofit board service. Gratz has over 35 years in executive roles across various industries. Both bring valuable expertise to Park as it continues to grow and serve stakeholders.
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