Vmbook Online ordering

Park National Corp

Park National Corporation is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "PRK." It is a bank holding company that provides financial services through its subsidiary, Park National Bank. The company operates in the banking sector and is headquartered in Newark, Ohio.

As of March 31, 2022, Park National Corporation had total assets of $8.2 billion, deposits of $6.4 billion, and shareholder equity of $1.1 billion. The company offers a range of banking services, including commercial banking, consumer banking, and investment advisory services.

In terms of financial performance, for the first quarter of 2022, Park National Corporation reported net income of $23.5 million, a 27% increase over the same period in the prior year. The company's return on average assets was 1.24%, and its return on average equity was 10.61%.

In terms of ownership, institutional investors owning 64% of the company's shares, with BlackRock, Vanguard Group, and Dimensional Fund Advisors being the largest institutional shareholders. As of September 30, 2022, Company insiders, including Chairman and CEO David L. Trautman, own 8.36% of the company's shares.

In recent news, Park National Corporation announced that its board of directors declared a quarterly cash dividend of $1.04 per common share on August 17, 2022. The dividend was paid on September 15, 2022, to shareholders of record as of September 1, 2022.

Overall, Park National Corporation is a financial services company that operates through its subsidiary, Park National Bank. It provides various banking services to its clients and has a strong track record of financial performance.

As with any investment, it's essential to conduct thorough research and due diligence before considering an investment in Park National Corporation or any other publicly traded company. I suggest visiting the company's website at parknationalcorp.com to get more information.