Park National Stock

Park National ROA 2024

Park National ROA

0.01

Ticker

PRK

ISIN

US7006581075

WKN

919093

In 2024, Park National's return on assets (ROA) was 0.01, a -14.41% increase from the 0.02 ROA in the previous year.

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.

ROA Details

Understanding Park National's Return on Assets (ROA)

Park National's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Park National's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Park National's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Park National’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Park National stock

What is the Return on Assets (ROA) of Park National this year?

The Return on Assets (ROA) of Park National is 0.01 undefined this year.

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

The ROA of Park National has increased by -14.41% compared to the previous year.

What consequences do high ROA have for investors of Park National?

A high ROA is advantageous for investors of Park National, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Park National?

A low ROA can be unfavorable for investors of Park National as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Park National affect the company?

An increase in ROA of Park National can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Park National impact the company?

A reduction in the ROA of Park National can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Park National?

Some factors that can influence the ROA of Park National include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Park National important for investors?

The ROA of Park National is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Park National take to improve ROA?

To improve ROA, Park National can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 2.53 %. 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 2.53 %.

When does Park National pay dividends?

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

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 2.74 %.

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 9/10/2024 amounting to 1.06 USD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.

When did Park National pay the last dividend?

The last dividend was paid out on 9/10/2024.

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.

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Andere Kennzahlen von Park National

Our stock analysis for Park National Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Park National Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.