Park Historical Income Statement

PRK Stock  USD 192.18  3.14  1.61%   
Historical analysis of Park National income statement accounts such as EBITDA of 167.6 M, Total Operating Expenses of 297.5 M, Net Income of 73.2 M or Income Tax Expense of 25 M can show how well Park National performed in making a profits. Evaluating Park National income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Park National's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Park National latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Park National is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Park Stock please use our How to buy in Park Stock guide.

About Park Income Statement Analysis

Park National Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Park National shareholders. The income statement also shows Park investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Park National Income Statement Chart

At this time, Park National's EBIT is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 297.5 M this year, although the value of Operating Income will most likely fall to about 162.2 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Park National. It is also known as Park National overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Park National operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Park National is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most accounts from Park National's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Park National current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Park Stock please use our How to buy in Park Stock guide.At this time, Park National's EBIT is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 297.5 M this year, although the value of Operating Income will most likely fall to about 162.2 M.
 2021 2022 2023 2024 (projected)
Operating Income188.2M197.8M179.5M162.2M
Other Operating Expenses271.6M285.2M283.3M171.3M

Park National income statement Correlations

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Click cells to compare fundamentals

Park National Account Relationship Matchups

Park National income statement Accounts

201920202021202220232024 (projected)
Interest Expense62.8M30.1M16.0M31.2M98.6M69.5M
Other Operating Expenses270.2M298.6M271.6M285.2M283.3M171.3M
Operating Income124.8M154.6M188.2M197.8M179.5M162.2M
Ebit122.4M154.6M172.4M179.0M153.6M160.3M
Ebitda133.9M167.7M187.5M194.3M168.9M167.6M
Total Operating Expenses(270.2M)(298.6M)(271.6M)(285.2M)283.3M297.5M
Net Income102.7M127.9M153.9M148.4M126.7M73.2M
Income Tax Expense22.1M26.7M34.3M32.1M26.9M25.0M
Depreciation And Amortization11.5M13.1M15.1M15.3M15.3M7.8M
Selling General Administrative175.6M187.3M207.2M179.2M189.1M97.2M
Selling And Marketing Expenses5.8M5.8M6.1M5.3M5.5M3.9M
Total Revenue394.9M453.3M459.8M483.0M462.8M277.8M
Gross Profit394.9M453.3M459.8M483.0M564.3M592.5M
Income Before Tax124.8M154.6M188.2M180.5M153.6M103.9M
Total Other Income Expense Net124.8M(40.4M)(24.8M)(17.4M)(25.9M)(27.2M)
Net Income Applicable To Common Shares102.7M127.9M153.9M148.4M170.6M93.3M
Net Income From Continuing Ops146.8M127.9M153.9M148.4M135.3M131.5M
Tax Provision22.1M26.7M34.3M32.1M28.9M23.9M
Net Interest Income297.7M327.6M329.9M347.1M372.6M324.1M
Interest Income360.5M327.6M345.9M378.2M455.3M367.4M
Reconciled Depreciation9.1M10.8M13.3M13.8M14.1M12.3M

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When determining whether Park National is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Park Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Park National Stock. Highlighted below are key reports to facilitate an investment decision about Park National Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Park Stock please use our How to buy in Park Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Park National. If investors know Park will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Park National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.031
Dividend Share
4.23
Earnings Share
8.46
Revenue Per Share
30.018
Quarterly Revenue Growth
0.071
The market value of Park National is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park National's value that differs from its market value or its book value, called intrinsic value, which is Park National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Park National's market value can be influenced by many factors that don't directly affect Park National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Park National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.