Company Profile
- Based in Newark, Ohio, Park National Corporation (NYSE: PRK) (“Park National” or “the company”) is the parent of principal subsidiary, The Park National Bank (“the bank”), with an operating history spanning over 110 years. PRK complements its 1.5% deposit market share in OH with a footprint that encompasses 6 regional banking divisions and operates 87 locations throughout OH and in select NC, SC, and KY markets. The company has strategically remained below the $10 billion threshold for the last five years.
- The bank offers a full suite of commercial and consumer products and services, with notable expertise/niche offerings in consumer auto and, relatedly, structured warehouse to auto finance companies. PRK also performs aircraft lending through Scope Aircraft Finance on a national basis. In addition, PRK’s trust and wealth management segment complements the traditional banking suite and holds $8.8 billion in AUM as of 4Q24.
- PRK's loan portfolio…