Every 8-K that Park National Corporation (PRK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PRK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PRK filings page.
Park National Corporation furnished an investor presentation for use with analysts and investors on or after August 7, 2026. The presentation is provided as Exhibit 99.1 and is also available in the SEC Filings section of the company’s website.
The text of the presentation slide titled “Safe Harbor Statement” is specifically incorporated into the Regulation FD disclosure, emphasizing forward-looking statement cautions. The furnished materials, including the investor presentation and the cover page Inline XBRL data, are not incorporated by reference into any Securities Act registration statement.
Park National Corporation reported higher earnings for the three and six months ended June 30, 2026, supported by the February 1, 2026 acquisition of First Citizens Bancshares, Inc. Second-quarter 2026 net income was $58.8 million, up 22.1% from $48.1 million, and first-half 2026 net income was $100.4 million, up 11.3% from $90.3 million, while diluted EPS was $3.23 for the quarter and $5.64 year-to-date. First-half results included $19.6 million of merger-related expenses.
The First Citizens acquisition, valued at $324.1 million, added $2.6 billion in assets, $1.6 billion in loans and $2.2 billion in deposits, with Park issuing 1,988,131 common shares as consideration. At June 30, 2026, loans were $9.73 billion and deposits were $10.67 billion, increases of 20.9% and 29.4% from December 31, 2025, including $1.58 billion of loans and $2.22 billion of deposits acquired. Total assets reached $12.68 billion.
Credit costs rose: the provision for credit losses for the first half was $7.2 million versus $3.6 million a year earlier, and net charge-offs were $5.1 million, or 0.11% of average loans. The allowance for credit losses was $110.7 million, or 1.14% of total loans, including $15.6 million recognized on day one of the acquisition. The efficiency ratio for the first half was 60.65%, and return on average assets was 1.64%. Uninsured deposits totaled about $2.3 billion, or 21.5% of total deposits. The board declared a quarterly cash dividend of $1.10 per common share, payable September 10, 2026 to shareholders of record on August 21, 2026.
Park National Corporation is sharing an investor presentation that highlights its growth and capital strength following the February 1, 2026 acquisition of First Citizens Bancshares, Inc. As of March 31, 2026, Park reports $13.0 billion in assets, $9.67 billion in loans, and $11.0 billion in deposits.
Adjusted net income for Q1 2026 was $53.5 million, with an adjusted return on average assets of 1.83% and adjusted return on average tangible common equity of 16.21%. The bank emphasizes a high-quality funding base, with 28% of deposits non-interest bearing and non-interest income contributing just over 21% of operating revenue.
Capital ratios remain robust, including a 13.5% Common Equity Tier 1 ratio and a total risk-based capital ratio of 14.71%. Asset quality and credit protection are supported by an allowance for credit losses equal to 1.12% of total loans and net charge-offs of 0.12% of total loans for Q1 2026.
Park National Corporation approved new 2026 long-term incentive plans for employees and non-employee directors at its 2026 Annual Meeting of Shareholders held on April 27, 2026. These plans replace the 2017 incentive plans while preserving previously granted awards under their existing terms.
The employee plan authorizes up to 1,500,000 common shares for equity and cash-based awards, with annual and per-employee limits. The director plan authorizes 150,000 common shares with tighter annual and per-director caps. Shareholders also re-elected four directors, approved executive pay on an advisory basis, and ratified Crowe LLP as independent auditor.
Park National Corporation presented updated performance metrics and strategic context for its banking franchise following the completed merger with First Citizens Bancshares, Inc. For March 31, 2026, total assets were $12,984 million, total loans $9,667 million, and total deposits $11,001 million, with shareholders’ equity of $1,670 million.
For Q1 2026, Park reported net interest income of $125,780 thousand and net income of $41,687 thousand, compared with $104,377 thousand and $42,157 thousand in Q1 2025. Net interest margin was 4.80% on a fully taxable equivalent basis, with an annualized return on average assets of 1.43% and return on average shareholders’ equity of 10.67%.
Park National Corporation reported Q1 2026 net income of $41.7 million, down 1.1% from $42.2 million a year earlier, as merger-related costs weighed on results. Diluted EPS was $2.39 versus $2.60 in Q1 2025.
On February 1, 2026, Park completed its all‑stock acquisition of First Citizens Bancshares, Inc., valued at $324.1 million, adding $2.6 billion of assets, $1.6 billion of loans and $2.2 billion of deposits. Park recorded $15.5 million of merger-related expenses in the quarter.
Total loans reached $9.67 billion and total deposits $11.00 billion at March 31, 2026, up 22.6% and 34.1% year over year. Net interest income rose 20.5% to $125.8 million, while the efficiency ratio deteriorated to 65.52%. The allowance for credit losses increased to $108.6 million, or 1.12% of loans, largely from the day‑one provision on the acquisition.
Park’s board declared a quarterly cash dividend of $1.10 per common share, payable on June 10, 2026 to shareholders of record on May 15, 2026.
Park National Corporation has furnished an investor presentation outlining its recent growth, financial strength, and the completed merger with First Citizens Bancshares, Inc. As of December 31, 2025, Park had $9.8 billion in assets, a 1.78% return on average assets, and a 15.76% return on average tangible common equity.
The company highlights a strong capital base with a 14.0% CET1 ratio and consistently low net charge-offs, including 0.08% of total loans in 2025. Park closed the all‑stock acquisition of $2.6 billion‑asset First Citizens on February 1, 2026, creating a pro forma $12.7 billion franchise and projecting 15% 2026 EPS accretion, while maintaining a high share of non‑interest‑bearing deposits and diversified fee income.
Park National Corporation completed its merger with First Citizens Bancshares, Inc. on February 1, 2026, with Park as the surviving company. Each share of First Citizens common and Class A common stock was converted into the right to receive 0.52 Park common shares.
Immediately after closing, First Citizens National Bank merged into The Park National Bank, which remains the surviving bank. Former First Citizens chairman and CEO Jeffrey D. Agee joined Park’s board, now totaling 14 directors, and will lead the new Tennessee Region under an employment agreement with an annual base salary of $560,982.
Park National Corporation reported stronger results and announced a higher shareholder payout while confirming progress on its pending merger with First Citizens Bancshares. Net income reached $42.6 million for the quarter ended December 31, 2025, up 10.4% from $38.6 million a year earlier, and $180.1 million for 2025, an 18.9% increase from $151.4 million in 2024. Pre-tax, pre-provision net income rose to $56.5 million in Q4 and $232.8 million for the year. Net interest income grew 9.9% to $437.3 million, driven by higher loan balances and improved loan yields, along with lower funding costs from deposits and borrowings.
Loans outstanding increased to $8.05 billion, led by commercial and home equity growth, while investment securities declined as the balance sheet was repositioned. The allowance for credit losses increased to $93.0 million, or 1.15% of total loans, as net charge-offs fell to 0.08% of average loans. Total deposits were $8.24 billion, with uninsured deposits of about $1.5 billion, or 18.5% of total deposits. The efficiency ratio improved to 57.94% and return on average assets rose to 1.78%.
The board declared a $1.10 per common share quarterly cash dividend, payable March 10, 2026 to shareholders of record on February 20, 2026. Park also highlighted its Agreement and Plan of Merger with First Citizens Bancshares, noting that First Citizens’ shareholders have approved the deal and key regulatory approvals have been obtained. The holding company merger and related bank merger are currently expected to close on February 1, 2026, subject to customary closing conditions.
Park National Corporation reported that long-time director and former chief executive officer C. Daniel DeLawder will retire from its Board of Directors and will not stand for re-election at the 2026 Annual Meeting of Shareholders. His term as director will end immediately before that meeting. In connection with his retirement, he will also step down as Chair of the Executive Committee of both Park National Corporation and Park National Bank, as well as Chair of the Park National Bank Wealth Management Committee.
The company highlighted Mr. DeLawder’s 55-year career with the organization, including a 15-year term as CEO, noting his long-standing advocacy for the bank. The Nominating and Corporate Governance Committee will evaluate its recommendation to fill the board vacancy created by his retirement at its next meeting.
Park National Corporation furnished an Investor Presentation pursuant to Item 7.01, providing slides as Exhibit 99.1 and making them available on its website. The presentation’s Safe Harbor Statement text is incorporated by reference.
The filing states this communication is not an offer or solicitation. Park notes a proposed transaction with First Citizens and intends to file a Form S-4 to register Park common shares to be issued in connection with that transaction. The S-4 will include a proxy statement/prospectus, and investors are urged to review those materials when available on the SEC’s website and Park’s investor relations page.
Park National Corporation entered into a definitive Agreement and Plan of Merger with First Citizens Bancshares. First Citizens will merge into Park, followed by the merger of First Citizens National Bank into The Park National Bank. Each First Citizens share will convert into 0.52 Park common shares, subject to customary closing conditions and approvals, including the Federal Reserve and OCC, NYSE American listing of the shares to be issued, effectiveness of an S‑4, and approval by First Citizens’ shareholders. The parties target closing in the first quarter of 2026. The agreement includes a $12.5 million termination fee payable by First Citizens under certain circumstances and limits appraisal demands to 7.5% of outstanding shares.
Park also reported stronger results: Q3 2025 net income of $47.2 million (up 23.4%) and year‑to‑date net income of $137.4 million (up 21.8%). Net interest income for the nine months was $324.4 million (up 10.1%). Park repaid $175 million of subordinated debt on September 1, 2025 and an additional $15 million on September 30, 2025.
The board declared a quarterly cash dividend of $1.07 per share and a special cash dividend of $1.25 per share, payable December 10, 2025 to shareholders of record on November 21, 2025.