Park National Corporation (NYSE American: PRK) operates as a regional bank holding company, primarily conducting its business through its wholly-owned subsidiary, The Park National Bank. Founded in 1986 and tracing its banking roots back to 1908, the company is headquartered in Newark, Ohio. Park National provides a comprehensive suite of financial services, including commercial and retail banking, wealth management, trust services, and consumer lending. The bank's revenue is predominantly generated through net interest income from its loan portfolio—which includes commercial real estate, commercial and industrial, and residential mortgages—funded largely by a stable base of core customer deposits. Additionally, the company earns non-interest income from wealth management fees, service charges on deposit accounts, and debit card transactions.
Geographically, Park National operates a network of over 85 branches and ATMs concentrated in Ohio, with an expanding presence in Kentucky and the Carolinas following its early 2026 merger with First Citizens Bancshares. The company also operates specialty finance subsidiaries, including Scope Aircraft Finance, which provides aircraft financing services, and Guardian Finance Company, which offers consumer finance solutions. Park National's competitive position is anchored in its community banking model, which emphasizes localized decision-making, strong customer relationships, and a high-quality, low-cost deposit base.
