Reading PRK? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PRK free→Reading PRK? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PRK free→NYSE MKTFinancialsBanks - RegionalSnapshot 2026-06-16
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is neutral, and earnings quality is also neutral, indicating some uncertainty in cash backing reported profits. Management's recent track record has been fairly steady, and the company has a capital-friendly stance. Risk is moderate, and the sector backdrop is a headwind, which could affect performance compared to sector peers, where it is typical. Peer multiples imply a price about 31% below where it trades (it looks expensive on this basis); the read is fair, priced roughly in line with peer multiples. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 7 valuation methods, at three horizons. Current price $176.03. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $176 PRK trades at 15× p/e, in line with its 12× p/e peer median. Our $140 fair value reflects that, high confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 26% near-term growth, ahead of our forecast of about 1%. This describes what's priced in, not a forecast of the move.
Only weak execution quality, a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Financials names rated neutral grew net income 52% of the time over the next year (vs 61% for the rest of the cohort, n=4936).
Over the trailing year it converted 1.07x of net income into operating cash flow. Historically, Financials names rated neutral grew net income 58% of the time over the next year (vs 55% for the rest of the cohort, n=4725).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $2.88 → $2.99 (+4.0% / 30d). 3 raised, 0 cut, 3 covering analysts.
0 upgrades, 0 downgrades / 30d. 0% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$100.
How much price usually moves either way.
On a bad day, this stock has moved -$218.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,530.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: A steady dividend payout shows good capital management. It also shows investor trust.
Confirms:The dividend payout remains at $1.10 per share in June 2026.
Disproves:The dividend payout is cut or suspended in June 2026.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PRK yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition On April 24, 2026, Park National Corporation (“Park”) issued a news release (the “Financial Results News Release”) announcing financial results for the three months ended March 31, 2026. A copy of the Financial Results News Release is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein. Non-U.S. GAAP Financial Measures
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks more expensive than peers.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Regional Banks.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PRK Park National Corp. | Typical Show detailsSector percentile: 55 of 100 | full | moderate |
HDB HDFC BANK LTD | — | — | moderate |
IBN ICICI BANK LTD | — | — | moderate |
ITUB ITAU UNIBANCO HOLDING SA | — | — | moderate |
FITB Fifth Third Bancorp | Below typical Show detailsSector percentile: 2 of 100 | expensive | moderate |
5 material management or governance events in the past 24 months, led by M&A activity. Historically, Financials names rated neutral grew net income 57% of the time over the next year (vs 55% for the rest of the cohort, n=5004).
Not investment advice. As of 2026-06-16.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue expanding operations by acquiring First Citizens Bancshares, Inc. and integrating its operations.
Continue to maintain a stable dividend payout to shareholders.
Focus on increasing operating income through strategic initiatives and acquisitions.
Why it matters: Earnings results will show if operating income growth continues. This is key for investors.
Confirms:Operating income increases year over year by more than 10%.
Disproves:Operating income growth is less than 5% year over year.
Why it matters: Higher charge-offs may show weaker credit quality. This can hurt profits.
Confirms:Net charge-offs exceed 1.2% of total loans in Q2 2026.
Disproves:Net charge-offs remain below 1.2% of total loans in Q2 2026.
Why it matters: If First Citizens integrates well, it will show Park is growing.
Confirms:Tennessee operations report a profit margin over 15% in six months.
Disproves:Tennessee operations report a loss or margin below 5% within six months.
Why it matters: This acquisition could greatly increase Park's revenue. This is especially true in the Tennessee area.
Confirms:Revenue from Tennessee operations increases by at least 10% in Q2 2026.
Disproves:Revenue from Tennessee operations shows no growth or declines in Q2 2026.
Why it matters: Strong loan growth shows First Citizens is integrating well. It also shows market growth.
Confirms:Total loans grow more than 20% year over year in Q2 2026.
Disproves:Total loans grow less than 20% year over year in Q2 2026.
Why it matters: A drop below this level could indicate a slowdown in the financial sector, affecting Park's growth.
Confirms:Sector revenue growth falls below 10% in the next quarterly report.
Disproves:Sector revenue growth remains at or above 10% in the next quarterly report.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Approval of Park National Corporation 2026 Long-Term Incentive Plan for Employees At the 2026 Annual Meeting of Shareholders (the “2026 Annual Meeting”) of Park National Corporation (“Park”) held on April 27, 2026, the Park shareholders approved the Park National Corporation 2026 Long-Term Incentive Plan for Employees (the “2026 Employees LTIP”). T…
Other Events Declaration of Cash Dividend As reported in the Financial Results News Release, on April 24, 2026, the Park Board of Directors declared a $1.10 per common share quarterly cash dividend in respect of Park's common shares. The cash dividend is payable on June 10, 2026 to common shareholders of record as of the close of business on May 15, 2026. A copy of the Financial Results News Release is included as Exhibit 99.1 and the portion thereof addressing the declaration of the quarterl…
Regulation FD Disclosure On February 1, 2026, First Citizens Bancshares, Inc., a Tennessee corporation (“First Citizens”) merged into Park, with Park continuing as the surviving corporation. Immediately following the merger, First Citizens National Bank ("FCNB"), a national banking association and a wholly-owned subsidiary of First Citizens, merged into The Park National Bank ("PNB"), with PNB as the surviving bank. FCNB’s former operations now comprise Park’s newly established Tennessee regi…
Completion of Acquisition or Disposition of Assets On February 1, 2026, Park completed its previously announced Merger with First Citizens pursuant to the Merger Agreement. Immediately following the Merger, and also effective as of February 1, 2026, First Citizens' wholly owned banking subsidiary, First Citizens National Bank, a national banking association (“First Citizens National Bank”), merged with and into Park's wholly owned banking subsidiary, The Park National Bank, a national banking…