Park National Debt 2024

Park National Aktienanalyse

What does Park National do?

Park National Corp is an American bank holding company and is one of the most important players in the banking sector in the USA. The company is headquartered in Newark, Ohio, and serves customers in various states including Ohio, Kentucky, Indiana, Georgia, Florida, North Carolina, and West Virginia. This article describes the history, business model, different divisions, and products of Park National Corp. History Park National Corp was founded in 1908 and has been steadily growing since then. It started as Park National Bank of Newark and expanded through organic growth and acquisitions in the following decades. Its first acquisition took place in 1981 when Park National Bank opened a branch in the neighboring city of Johnstown and opened several other branches over the years. In 1997, Park National Corp acquired the First-Knox National Bank in Mount Vernon, Ohio, and in 2000, the company purchased the Fairfield National Bank in Lancaster, Ohio. Since its inception, Park National Corp has received several awards for its outstanding performance and customer service. Business Model Park National Corp is a bank holding company and offers a wide range of products and services for personal and business customers. The company operates several subsidiaries including Park National Bank, Unity National Bank, Guardian Financial Services Company, and Guardian Financial Mortgage Company. Park National Bank offers a comprehensive range of financial services including mortgages, auto loans, credit cards, and savings accounts. Unity National Bank and Guardian Financial Services Company specialize in the needs of ethnic minorities and offer special products for Latino and African American customers. Park National Corp also has a strong presence in wealth management. The company provides a wide range of wealth management services including investment advice, trust services, life insurance, and asset management. Park National Corp's business model is based on offering customers excellent customer service and innovative, customized solutions. Different Divisions and Products Park National Corp operates different divisions and offers a variety of products. The main divisions include: - Park National Bank: This is the largest division of Park National Corp and offers a wide range of banking services including checking accounts, savings accounts, credit cards, and loans for personal and business customers. - Unity National Bank: This division focuses on the needs of ethnic minorities and offers special products for Latino and African American customers. This includes special checking accounts, savings accounts, and credit cards. - Guardian Financial Services Company: This division specializes in asset management and offers a wide range of financial planning services. This includes investment advice, trust services, life insurance, and asset management. - Guardian Financial Mortgage Company: This division specializes in mortgage lending and offers a wide range of mortgage products. This includes fixed-rate mortgages, adjustable-rate mortgages, and home equity loans. Park National Corp also has a strong online presence and offers a wide range of online services including online banking, online portfolio management, and mobile applications. Conclusion Park National Corp is one of the leading bank holding companies in the USA and is known for its excellent customer service and innovative solutions. The company offers a wide range of products and services and operates several subsidiaries specializing in the needs of ethnic minorities and affluent customers. Park National Corp has a long history and has been steadily growing since its inception. Park National ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Park National's Debt Structure

Park National's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Park National's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Park National’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Park National’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Park National stock

What is the debt of Park National this year?

Park National has a debt level of 297.33 USD this year.

What was the debt of Park National compared to the previous year?

The debt of Park National has increased by 31.4% compared to the previous year increased.

What are the consequences of high debt for investors in Park National?

High debt can pose a risk for investors of Park National, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Park National?

Low debt means that Park National has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Park National affect the company?

An increase in debt of Park National can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Park National affect the company?

A reduction in debt of Park National can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Park National?

Some factors that can influence the debt of Park National include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Park National so important for investors?

The debts of Park National are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Park National take to change the debt?

To change the debt, Park National can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Park National pay?

Over the past 12 months, Park National paid a dividend of 4.2 USD . This corresponds to a dividend yield of about 2.43 %. For the coming 12 months, Park National is expected to pay a dividend of 4.55 USD.

What is the dividend yield of Park National?

The current dividend yield of Park National is 2.43 %.

When does Park National pay dividends?

Park National pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Park National?

Park National paid dividends every year for the past 23 years.

What is the dividend of Park National?

For the upcoming 12 months, dividends amounting to 4.55 USD are expected. This corresponds to a dividend yield of 2.63 %.

In which sector is Park National located?

Park National is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Park National kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Park National from 12/10/2024 amounting to 1.06 USD, you needed to have the stock in your portfolio before the ex-date on 11/15/2024.

When did Park National pay the last dividend?

The last dividend was paid out on 12/10/2024.

What was the dividend of Park National in the year 2023?

In the year 2023, Park National distributed 4.16 USD as dividends.

In which currency does Park National pay out the dividend?

The dividends of Park National are distributed in USD.