Park National Corporation

Park National Corporation is the bank holding company for Park National Bank, which provides commercial banking and trust services in small and medium population areas in the United States. The company offers a wide range of deposit products, including demand, savings, and time accounts. Its lending portfolio includes commercial loans for industrial and commercial properties, equipment, inventory, accounts receivable, and acquisition financing, as well as commercial real estate loans, consumer loans such as automobile, recreational vehicle, and watercraft loans, home equity lines of credit, residential real estate and construction loans, and installment loans. Additionally, Park National provides trust and wealth management services, cash management, safe deposit operations, electronic funds transfers, Internet and mobile banking with bill pay, credit cards, aircraft financing, and a personal banking application called ParkDirect.

Park National Corporation is listed on the NYSE American exchange under the ticker symbol PRK. Its securities are traded in US dollars (USD). The company is headquartered in Newark, Ohio, and operates primarily in the United States, serving small and medium population areas.

Park National Corporation operates in the Financial Services sector, specifically within the Banks - Regional industry. As a regional bank holding company, it focuses on providing traditional banking services to individuals and businesses in smaller communities. Its activities include commercial and consumer lending, deposit taking, and trust services, which are typical for regional banks in the United States.

Park National Corporation is headquartered in Newark, Ohio, and was founded in 1908. The company serves small and medium population areas in the United States through its subsidiary, Park National Bank. Its geographic focus is on regional markets, offering commercial banking and trust services tailored to local communities. The bank's operations include lending for commercial real estate, equipment, and consumer needs, as well as wealth management and digital banking solutions like ParkDirect.

Park National Corporation generates revenue primarily through interest income from its lending activities and fee-based services. Its loan portfolio includes commercial loans for industrial and commercial properties, equipment financing, acquisition financing, and commercial real estate loans, as well as consumer loans for automobiles, recreational vehicles, watercraft, and home equity lines of credit. The company also earns income from trust and wealth management services, cash management, electronic funds transfers, credit cards, and aircraft financing. Additionally, it offers deposit products such as demand, savings, and time accounts, which provide a stable funding source. The bank's digital platform, ParkDirect, supports customer engagement and transaction fees.