Park National Corporation Common Stock (PRK)
Frequently Asked Questions About Park National Corporation Common Stock (PRK)
Can you explain Park National Corporation's growth strategy?
Park National Corporation's growth strategy focuses on expanding its market presence through both organic growth and strategic acquisitions of community banks. By enhancing its service offerings and deepening customer relationships, the company aims to increase its footprint and strengthen its position within the financial industry.
How does Park National Corporation engage with its community?
Park National Corporation actively engages with its communities through various initiatives, including sponsorship of local events, support for nonprofit organizations, and volunteer efforts by its employees. The company's commitment to community service is integral to its mission and reinforces its brand as a trusted local bank.
How does Park National Corporation handle customer complaints?
Park National Corporation takes customer complaints seriously and has established a systematic approach to addressing them. The company encourages open communication and feedback, enabling it to resolve issues promptly and improve service quality continually, fostering a positive relationship with its customers.
How does Park National Corporation support small businesses?
Park National Corporation supports small businesses by providing tailored banking solutions, including loans, credit lines, and financial advisory services. The company focuses on understanding the unique challenges of small businesses and offers products designed to facilitate their growth and success.
How has Park National Corporation performed financially?
Park National Corporation has historically demonstrated strong financial performance, characterized by steady revenue growth and profitability. Its focus on prudent risk management and community banking has enabled it to navigate challenges while delivering value to shareholders through dividends and stock price appreciation.
What are Park National Corporation’s core values?
The core values of Park National Corporation include integrity, service excellence, community involvement, and employee engagement. These values guide the company's operational practices and decision-making processes, reflecting its commitment to ethical conduct and positive contributions to society.
What does Park National Corporation do?
Park National Corporation is a bank holding company that primarily engages in the business of providing banking and financial services. It operates through various regional banking subsidiaries, offering a range of products, including personal banking, business banking, and investment services. The company focuses on serving communities and aims to enhance customer experience through personalized service.
What initiatives does Park National Corporation have for sustainability?
Park National Corporation is committed to sustainability by implementing eco-friendly practices in its operations and supporting initiatives that promote environmental responsibility. This includes reducing its carbon footprint, promoting paperless banking, and engaging in community projects that aim to preserve and enhance natural resources.
What is Park National Corporation’s approach to risk management?
Park National Corporation employs a comprehensive approach to risk management that includes identifying, assessing, and mitigating potential financial and operational risks. The company implements rigorous policies and practices designed to safeguard its assets and maintain regulatory compliance, ensuring long-term sustainability.
What is the company’s philosophy on customer service?
Park National Corporation's philosophy on customer service revolves around the idea of building lasting relationships based on trust and personalized support. The company prioritizes understanding the individual needs of its customers and delivering exceptional service through knowledgeable staff who are part of the communities they serve.
What is the credit rating of Park National Corporation?
Park National Corporation generally maintains a sound credit rating, reflecting its strong financial position and management practices. Credit ratings are assessed by agencies, and favorable ratings indicate the company's ability to meet its financial obligations and manage risk effectively.
What is the dividend policy of Park National Corporation?
Park National Corporation has a strong dividend policy, aiming to return capital to its shareholders through regular dividend payments. The company has a history of increasing dividends, reflecting its commitment to delivering shareholder value while maintaining a sound financial position.
What is the significance of the NYSE:PRK stock symbol?
The stock symbol NYSE:PRK represents Park National Corporation's shares traded on the New York Stock Exchange. Each publicly traded company is assigned a unique ticker symbol, and PRK reflects the company's identity in the financial markets, providing investors an easy way to track its stock performance.
What markets does Park National Corporation operate in?
Park National Corporation primarily operates in regional markets within Ohio and surrounding states. It serves a variety of community banking needs and aims to strengthen local economies by providing accessible and reliable financial services.
What services does Park National Corporation offer?
Park National Corporation offers a wide array of services that include personal banking, business banking, mortgage lending, investment management, insurance products, and wealth management services. The company is committed to providing tailored financial solutions to meet the diverse needs of its customers.
What technology does Park National Corporation use?
Park National Corporation employs modern banking technologies to enhance customer experience, including online and mobile banking platforms, automated teller machines (ATMs), and various security measures to protect customer information. The company continually invests in technology to keep pace with industry standards and customer expectations.
When was Park National Corporation founded?
Park National Corporation was founded in 1908. Over the decades, it has grown significantly through a combination of organic growth and strategic acquisitions, establishing a strong presence in the banking industry, particularly in Ohio.
Where is Park National Corporation headquartered?
Park National Corporation is headquartered in Newark, Ohio. This central location allows the company to maintain strong ties to the local communities it serves and to effectively manage its regional banking subsidiaries across the state and beyond.
Who is the CEO of Park National Corporation?
As of my last update, the CEO of Park National Corporation is Thomas C. Ratte, who has been leading the company towards its strategic objectives and fostering a culture of community engagement and customer-centric service.
What is the current price of Park National Corporation Common Stock?
The current price of Park National Corporation Common Stock is 142.71
When was Park National Corporation Common Stock last traded?
The last trade of Park National Corporation Common Stock was at 8:00 pm EDT on April 4th, 2025
What is the market capitalization of Park National Corporation Common Stock?
The market capitalization of Park National Corporation Common Stock is 2.33B
How many shares of Park National Corporation Common Stock are outstanding?
Park National Corporation Common Stock has 16.34M shares outstanding.