The bank expanded its total assets to $13.0 billion in 2026Q1 while maintaining a stable equity-to-assets ratio of 0.13 to support its capital base.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 2.47B | 137.24M | 1.16B | 1.55B | 1.92B | 1.97B | 1.43B | 1.37B | 1.17B | 1.26B | 1.4B | 1.59B | 1.54B | 1.32B | 1.32B | 157.49M | 133.78M | 116.8M | 150.3M | 183.17M | 177.99M | 169.99M | 157.63M | 169.83M | 157.14M | 169.19M | 109.87M | 104.2M | 100.3M | 93.6M | 61.5M |
| Cash & Due from Banks | 152.34M | 137.24M | 160.57M | 218.27M | 189.73M | 219.18M | 370.47M | 159.96M | 167.21M | 169.11M | 146.45M | 149.46M | 237.7M | 147.03M | 201.31M | 140.55M | 109.06M | 116.8M | 150.3M | 183.17M | 177.99M | 169.99M | 157.63M | 169.83M | 157.14M | 169.19M | 109.87M | 104.2M | 100.3M | 93.6M | 61.5M |
| Short Term Investments | 0 | 0 | 996.62M | 1.33B | 1.73B | 1.75B | 1.06B | 1.21B | 1B | 1.09B | 1.26B | 1.44B | 1.3B | 1.18B | 1.11B | 820.64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 11.85B | 8.93B | 8.84B | 2.82B | 8.92B | 8.64B | 8.25B | 7.75B | 2.48B | 2.66B | 2.89B | 3.13B | 2.8B | 2.6B | 2.7B | 2.53B | 2.04B | 1.86B | 2.06B | 1.7B | 1.52B | 1.67B | 1.93B | 1.99B | 1.38B | 1.46B | 955.97M | 782.89M | 652.5M | 540.7M | 574.4M |
| Investments Growth % | 35.48% | 0.97% | 213.06% | -68.33% | 3.21% | 4.76% | 6.47% | 212.15% | -6.57% | -8.11% | -7.68% | 11.73% | 7.78% | -3.55% | 6.61% | 23.99% | 9.46% | -9.49% | 20.9% | 11.92% | -8.75% | -13.45% | -3.24% | 43.96% | -5.53% | 53.16% | 22.11% | 19.98% | 20.68% | -5.87% | 74.75% |
| Long-Term Investments | 36.81B | 8.93B | 7.85B | 1.49B | 7.18B | 6.89B | 7.19B | 6.54B | 1.48B | 1.56B | 1.63B | 1.7B | 1.5B | 1.42B | 1.58B | 1.71B | 2.04B | 1.86B | 2.06B | 1.7B | 1.52B | 1.67B | 1.93B | 1.99B | 1.38B | 1.46B | 955.97M | 782.89M | 652.5M | 540.7M | 574.4M |
| Accounts Receivables | 0 | 0 | 36.28M | 39.24M | 34.7M | 23.41M | 24.93M | 24.22M | 22.97M | 22.16M | 18.82M | 18.68M | 17.68M | 18.34M | 19.71M | 19.7M | 24.14M | 24.35M | 27.93M | 30.65M | 26.12M | 23.31M | 20.55M | 19.79M | 20.19M | 0 | 21.37M | 14.2M | 14.4M | 13.9M | 8.5M |
| Goodwill & Intangibles | 302.56M | 161.99M | 176.95M | 178.9M | 181.36M | 182.32M | 181.06M | 181.19M | 129.89M | 82.02M | 81.6M | 81.34M | 80.95M | 81.35M | 80.77M | 74.84M | 88.86M | 92.58M | 93.85M | 154.76M | 78M | 69.19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 263.42M | 159.59M | 159.59M | 159.59M | 159.59M | 159.59M | 159.59M | 159.59M | 112.74M | 72.33M | 72.33M | 72.33M | 72.33M | 72.33M | 72.67M | 72.33M | 72.33M | 72.33M | 72.33M | 127.32M | 72.33M | 61.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 39.14M | 2.4M | 17.36M | 19.31M | 21.77M | 22.73M | 21.47M | 21.59M | 17.15M | 9.69M | 9.27M | 9.01M | 8.61M | 9.01M | 8.1M | 2.51M | 16.53M | 20.25M | 21.52M | 27.44M | 5.67M | 7.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 110.57M | 61.63M | 86.93M | 92.23M | 100.99M | 104.89M | 107.63M | 87.04M | 59.77M | 55.9M | 57.97M | 59.49M | 55.48M | 55.28M | 53.75M | 53.74M | 69.57M | 69.09M | 68.55M | 66.63M | 47.55M | 47.17M | 43.18M | 36.75M | 38.73M | 39.91M | 39.62M | 32.47M | 26.8M | 27.8M | 27.5M |
| Other Assets | 524.21M | 480.76M | 281.66M | 6.29B | 256.36M | 224.28M | 218.46M | 226.69M | 4.47B | 4.07B | 3.89B | 3.6B | 3.6B | 3.73B | 3.59B | 3.24B | -4.26B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -220.71M | -165.56M | 0 | 0 | -188.1M |
| Total Current Assets | 196.21M | 171.86M | 1.41B | 1.78B | 2.13B | 2.16B | 1.58B | 1.53B | 1.2B | 1.29B | 1.43B | 1.61B | 1.56B | 1.35B | 1.34B | 1.89B | 9.36B | 141.16M | 178.23M | 213.81M | 204.11M | 193.3M | 178.17M | 189.63M | 177.33M | 169.19M | 131.24M | 118.4M | 114.7M | 107.5M | 70M |
| Total Non-Current Assets | 12.79B | 9.63B | 8.39B | 8.06B | 7.72B | 7.4B | 7.7B | 7.03B | 6.2B | 5.83B | 5.72B | 5.5B | 5.25B | 5.3B | 5.31B | 5.09B | -2.06B | 2.03B | 2.22B | 1.92B | 1.65B | 1.78B | 1.97B | 2.03B | 1.42B | 1.5B | 774.88M | 649.8M | 679.3M | 568.5M | 413.8M |
| Total Assets | 12.98B | 9.81B | 9.81B | 9.84B | 9.85B | 9.56B | 9.28B | 8.56B | 7.8B | 7.54B | 7.47B | 7.31B | 7B | 6.64B | 6.64B | 6.97B | 7.3B | 7.04B | 7.07B | 6.5B | 5.47B | 5.44B | 5.41B | 5.03B | 4.45B | 4.57B | 3.21B | 2.63B | 2.46B | 2.29B | 1.61B |
| Asset Growth % | 31.21% | -0% | -0.32% | -0.19% | 3.08% | 3.03% | 8.42% | 9.66% | 3.54% | 0.94% | 2.14% | 4.4% | 5.5% | -0.07% | -4.76% | -4.43% | 3.67% | -0.43% | 8.76% | 18.83% | 0.64% | 0.43% | 7.5% | 13.23% | -2.69% | 42.31% | 21.89% | 7.05% | 7.53% | 41.71% | 9.39% |
| Return on Assets (ROA) | 1.69% | 1.84% | 1.54% | 1.29% | 1.53% | 1.63% | 1.43% | 1.26% | 1.44% | 1.12% | 1.17% | 1.13% | 1.23% | 1.16% | 1.15% | 1.15% | 0.81% | 1.05% | 0.2% | 0.38% | 1.73% | 1.76% | 1.75% | 1.83% | 1.9% | 2.01% | 2.35% | 2.5% | 1.98% | 1.93% | 2.05% |
| Accounts Payable | 0 | 0 | 7.86M | 6.86M | 3.49M | 3.12M | 3.86M | 2.93M | 2.63M | 2.28M | 2.15M | 2.34M | 2.55M | 2.9M | 3.46M | 4.92M | 6.12M | 9.33M | 11.34M | 15.13M | 13.08M | 8.94M | 6.41M | 6.44M | 8.07M | 10.77M | 13.89M | 7.4M | 6.9M | 6.5M | 6.6M |
| Total Debt | 169.05M | 98.77M | 296.59M | 425.75M | 435.3M | 441.33M | 578.56M | 452.64M | 636.97M | 906.29M | 1.13B | 1.18B | 1.11B | 1.13B | 1.21B | 1.16B | 1.38B | 1.05B | 1.55B | 1.39B | 979.91M | 1.03B | 1.07B | 1B | 376.1M | 710.85M | 565.83M | 381.25M | 255.1M | 182.5M | 197.5M |
| Net Debt | 16.71M | -38.47M | 136.02M | 207.48M | 245.57M | 222.16M | 208.08M | 292.68M | 469.75M | 737.18M | 987.63M | 1.03B | 870.88M | 985.79M | 1B | 1.02B | 1.27B | 937.05M | 1.4B | 1.21B | 801.92M | 858.87M | 916.4M | 832.9M | 218.97M | 541.66M | 422.79M | 257.28M | 154.8M | 88.9M | 47.7M |
| Long-Term Debt | 15M | 0 | 189.65M | 189.15M | 188.67M | 188.21M | 220.27M | 207.5M | 315M | 365M | 395M | 783.11M | 780.6M | 790.29M | 811.41M | 898.43M | 694.09M | 729.63M | 895.56M | 630.41M | 604.14M | 714.78M | 773.49M | 485.98M | 187.23M | 392.54M | 290.13M | 100K | 8.4M | 30.9M | 62.4M |
| Short-Term Debt | 137.54M | 84.33M | 90.43M | 220M | 227.34M | 238.79M | 342.23M | 230.66M | 321.97M | 541.29M | 185M | 394.24M | 0 | 0 | 100M | 263.59M | 663.67M | 324.22M | 659.2M | 759.32M | 375.77M | 314.07M | 300.53M | 516.76M | 188.88M | 318.31M | 275.7M | 348.2M | 246.7M | 151.6M | 135.1M |
| Other Liabilities | 11.11B | 8.37B | 113.53M | 4.86B | 112.27M | 100.52M | 83.99M | 81.19M | 6.66B | 6.42B | 6.33B | 5.81B | 5.52B | 5.19B | 0 | 0 | 5.25B | 0 | 0 | 0 | 0 | 0 | 1.61B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 137.54M | 84.33M | 8.24B | 3.52B | 8.47B | 8.15B | 7.92B | 7.29B | 0 | 0 | 0 | 0 | 0 | 2.9M | 103.46M | 268.51M | 663.67M | 333.55M | 670.53M | 774.44M | 388.85M | 323.02M | 2.47B | 523.2M | 196.95M | 329.08M | 265.93M | 355.6M | 253.6M | 158.1M | 113.1M |
| Total Non-Current Liabilities | 11.14B | 8.37B | 319.69M | 5.07B | 320.22M | 303.06M | 320.32M | 303.17M | 6.97B | 6.78B | 6.73B | 6.6B | 6.3B | 5.98B | 811.41M | 898.43M | 5.89B | 729.63M | 895.56M | 630.41M | 604.14M | 714.78M | 2.38B | 485.98M | 187.23M | 392.54M | 181.6M | 100K | 8.4M | 30.9M | 0 |
| Total Liabilities | 11.28B | 8.45B | 8.56B | 8.69B | 8.79B | 8.45B | 8.24B | 7.59B | 6.97B | 6.78B | 6.73B | 6.6B | 6.3B | 5.99B | 5.99B | 6.23B | 6.55B | 6.32B | 6.43B | 5.92B | 4.9B | 4.88B | 4.85B | 4.49B | 3.94B | 4.1B | 2.89B | 2.39B | 2.23B | 2.07B | 1.47B |
| Total Equity | 1.7B | 1.35B | 1.24B | 1.15B | 1.07B | 1.11B | 1.04B | 969.01M | 832.51M | 756.1M | 742.24M | 713.36M | 698.6M | 651.75M | 650.37M | 744.96M | 745.82M | 717.26M | 642.66M | 580.01M | 570.44M | 558.43M | 562.56M | 543.04M | 509.29M | 468.35M | 442.65M | 290.06M | 235.7M | 222.2M | 149M |
| Equity Growth % | 58.67% | 8.76% | 8.61% | 7.11% | -3.74% | 6.78% | 7.35% | 16.4% | 10.11% | 1.87% | 4.05% | 2.11% | 7.19% | 0.21% | -12.7% | -0.12% | 3.98% | 11.61% | 10.8% | 1.68% | 2.15% | -0.73% | 3.59% | 6.63% | 8.74% | 5.81% | 52.61% | 23.06% | 6.08% | 49.13% | 9.24% |
| Equity / Assets (Capital Ratio) | 13.11% | 13.8% | 12.69% | 11.64% | 10.85% | 11.62% | 11.21% | 11.32% | 10.67% | 10.03% | 9.94% | 9.76% | 9.98% | 9.82% | 9.79% | 10.68% | 10.22% | 10.19% | 9.09% | 8.92% | 10.43% | 10.27% | 10.39% | 10.79% | 11.45% | 10.25% | 13.79% | 11.01% | 9.58% | 9.71% | 9.23% |
| Return on Equity (ROE) | 12.65% | 13.87% | 12.68% | 11.45% | 13.61% | 14.31% | 12.73% | 11.4% | 13.9% | 11.24% | 11.83% | 11.48% | 12.43% | 11.81% | 11.27% | 11.02% | 7.94% | 10.91% | 2.24% | 3.95% | 16.67% | 16.99% | 16.55% | 16.51% | 17.51% | 17.2% | 18.71% | 24.27% | 20.53% | 20.31% | 22.21% |
| Book Value per Share | 97.48 | 83.59 | 76.57 | 70.48 | 65.34 | 67.63 | 63.40 | 59.34 | 53.33 | 49.13 | 48.18 | 46.31 | 45.32 | 42.29 | 42.21 | 48.37 | 49.21 | 50.49 | 46.02 | 40.80 | 40.86 | 38.93 | 38.85 | 37.32 | 34.86 | 31.74 | 38.74 | 28.24 | 20.15 | 21.38 | 17.77 |
| Tangible BV per Share | 80.15 | 73.58 | 65.68 | 59.47 | 54.25 | 56.53 | 52.36 | 48.25 | 45.01 | 43.80 | 42.88 | 41.03 | 40.07 | 37.01 | 36.97 | 43.51 | 43.35 | 43.97 | 39.30 | 29.91 | 35.27 | 34.11 | 38.85 | 37.32 | 34.86 | 31.74 | 38.74 | 28.24 | 20.15 | 21.38 | 17.77 |
| Common Stock | 782.58M | 465.03M | 463.71M | 463.28M | 462.4M | 461.8M | 460.69M | 459.39M | 358.6M | 307.73M | 305.83M | 303.97M | 303.1M | 302.65M | 302.65M | 301.2M | 0 | 0 | 0 | 0 | 0 | 208.37M | 208.25M | 105.89M | 105.77M | 105.77M | 119.23M | 79.11M | 0 | 0 | 0 |
| Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 358.6M | 307.73M | 305.83M | 303.97M | 303.1M | 302.65M | 302.65M | 301.2M | 301.2M | 301.21M | 301.21M | 301.21M | 217.07M | 208.37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 1.09B | 1.07B | 977.6M | 903.88M | 847.24M | 776.29M | 704.76M | 646.85M | 614.07M | 561.91M | 535.63M | 507.5M | 486.54M | 460.64M | 441.61M | 427.16M | 422.46M | 423.87M | 438.5M | 489.51M | 519.56M | 476.89M | 433.26M | 486.77M | 446.3M | 403.87M | 365.98M | 243.49M | 177.1M | 154.5M | 121.8M |
| Accumulated OCI | -8.55M | -12.74M | -46.17M | -66.19M | -102.39M | 15.15M | 5.57M | -9.59M | -49.79M | -26.45M | -17.75M | -15.64M | -13.61M | -35.42M | -17.52M | -8.83M | -1.87M | 15.66M | 10.6M | -2.61M | -22.82M | -10.14M | 12.44M | 18.95M | 22.42M | 8.71M | 5.73M | -9.16M | 7.5M | 7M | 3.3M |
| Treasury Stock | -164.11M | -167.32M | -151.28M | -155.67M | -138.02M | -142.49M | -130.77M | -127.63M | -90.37M | -87.08M | -81.47M | -82.47M | -77.44M | -76.13M | -76.38M | -77.01M | -77.73M | -125.32M | -207.66M | -208.1M | -143.37M | -116.68M | -91.39M | -68.58M | -65.19M | -50M | -46.58M | -23.37M | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 454K | 0 | 0 | 0 | 419K | 0 | 98.15M | 97.29M | 96.48M | 95.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.5M | 0 | 0 | 0 |
NIM compression and credit
As reported in recent financial statements, Park National Corporation expanded its total assets to $13.0 billion in 2026Q1, a notable increase from the $9.8 billion level observed in 2025Q4, suggesting a shift toward more aggressive balance sheet growth following a period of relative stability.
The jump in total assets appears to be driven by a significant expansion in the investment securities portfolio, which reached $11.9 billion. This rapid growth warrants investigation into whether this reflects a strategic deployment of excess liquidity or a temporary reaction to market conditions that may pressure future capital ratios.
Based on the provided balance sheet data, PRK maintained an equity-to-assets ratio of 0.13 in 2026Q1, which remains consistent with its historical range and indicates that the bank is supporting its recent asset expansion with a stable and sufficient capital base.
The bank's ability to maintain this ratio while growing the balance sheet by over 30% in a single quarter suggests a disciplined approach to capital management. Investors should monitor whether this capital buffer remains adequate if the current pace of asset growth continues to outstrip internal capital generation.
According to quarterly filings, PRK held $152.3 million in cash and cash equivalents as of 2026Q1, a figure that reflects a strategic reduction from previous periods as the bank pivoted toward a larger investment securities portfolio to manage its interest-earning asset mix.
The shift from cash to securities suggests management is attempting to optimize yield in a volatile rate environment, though this increases the bank's sensitivity to market value fluctuations in the bond portfolio. This liquidity profile appears sufficient for current operations but may leave less room for unexpected funding shocks.
As indicated by the significant concentration of $11.9 billion in investment securities relative to total assets, PRK's balance sheet is heavily exposed to interest rate risk, which may lead to unrealized losses in AOCI if the current rate environment remains elevated or shifts unexpectedly.
While the bank's low debt-to-equity ratio provides a strong cushion, the sheer size of the securities portfolio relative to equity suggests that even minor changes in market yields could have a disproportionate impact on tangible book value. This concentration warrants further investigation into the duration profile of the held-to-maturity and available-for-sale portfolios.
Quick answers to the most common questions about buying PRK stock.
As of 2025, Park National Corporation (PRK) had total assets of $9.81B including $171.9M in current assets.
Park National Corporation (PRK) carries total debt of $98.8M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Park National Corporation (PRK) has total shareholders' equity (book value) of $1.35B ($83.59 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Park National Corporation (PRK) reported a current ratio of 2.04x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.