Park Net Interest Income vs Income Tax Expense Analysis

PRK Stock  USD 190.36  1.82  0.95%   
Park National financial indicator trend analysis is much more than just breaking down Park National prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park National is a good investment. Please check the relationship between Park National Net Interest Income and its Income Tax Expense accounts. 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.

Net Interest Income vs Income Tax Expense

Net Interest Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park National Net Interest Income account and Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Park National's Net Interest Income and Income Tax Expense is 0.14. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Park National, assuming nothing else is changed. The correlation between historical values of Park National's Net Interest Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Park National are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Interest Income i.e., Park National's Net Interest Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Income Tax Expense

Most indicators from Park National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 18.82 this year, although the value of Selling General Administrative will most likely fall to about 97.2 M.
 2021 2022 2023 2024 (projected)
Operating Income188.2M197.8M179.5M162.2M
Other Operating Expenses271.6M285.2M283.3M171.3M

Park National fundamental ratios Correlations

0.920.330.180.190.870.770.240.680.490.230.050.350.540.4-0.340.930.360.590.27-0.150.150.820.630.140.23
0.920.02-0.11-0.10.990.91-0.060.770.570.06-0.120.510.530.52-0.451.00.570.50.190.010.320.950.780.07-0.05
0.330.020.840.84-0.12-0.30.96-0.14-0.210.460.48-0.270.18-0.450.290.04-0.420.440.5-0.36-0.19-0.22-0.310.230.91
0.18-0.110.841.0-0.23-0.420.86-0.22-0.280.670.72-0.5-0.06-0.460.28-0.09-0.560.220.29-0.3-0.35-0.31-0.350.110.72
0.19-0.10.841.0-0.22-0.410.87-0.21-0.290.670.72-0.49-0.06-0.450.28-0.08-0.560.230.3-0.3-0.34-0.3-0.350.130.72
0.870.99-0.12-0.23-0.220.95-0.190.790.590.01-0.170.510.460.59-0.450.980.630.410.150.110.350.980.780.1-0.17
0.770.91-0.3-0.42-0.410.95-0.380.750.72-0.11-0.30.580.430.69-0.520.90.690.28-0.040.160.30.960.830.0-0.32
0.24-0.060.960.860.87-0.19-0.38-0.33-0.320.380.42-0.30.16-0.590.39-0.04-0.610.460.38-0.4-0.38-0.3-0.380.230.95
0.680.77-0.14-0.22-0.210.790.75-0.330.430.340.170.310.180.85-0.630.770.860.010.330.270.670.820.71-0.03-0.39
0.490.57-0.21-0.28-0.290.590.72-0.320.43-0.12-0.240.310.350.42-0.40.570.520.18-0.140.110.060.590.58-0.1-0.18
0.230.060.460.670.670.01-0.110.380.34-0.120.97-0.59-0.420.27-0.090.060.07-0.320.440.280.120.04-0.080.080.15
0.05-0.120.480.720.72-0.17-0.30.420.17-0.240.97-0.68-0.510.110.02-0.12-0.07-0.40.40.280.11-0.15-0.230.060.19
0.350.51-0.27-0.5-0.490.510.58-0.30.310.31-0.59-0.680.680.17-0.390.510.330.5-0.27-0.380.170.460.58-0.22-0.2
0.540.530.18-0.06-0.060.460.430.160.180.35-0.42-0.510.68-0.12-0.470.540.050.77-0.04-0.73-0.10.380.62-0.410.31
0.40.52-0.45-0.46-0.450.590.69-0.590.850.420.270.110.17-0.12-0.580.510.82-0.360.080.490.530.70.6-0.06-0.66
-0.34-0.450.290.280.28-0.45-0.520.39-0.63-0.4-0.090.02-0.39-0.47-0.58-0.45-0.540.120.10.14-0.37-0.53-0.880.790.4
0.931.00.04-0.09-0.080.980.9-0.040.770.570.06-0.120.510.540.51-0.450.560.510.19-0.010.320.950.780.07-0.03
0.360.57-0.42-0.56-0.560.630.69-0.610.860.520.07-0.070.330.050.82-0.540.56-0.20.250.490.730.690.59-0.01-0.57
0.590.50.440.220.230.410.280.460.010.18-0.32-0.40.50.77-0.360.120.51-0.20.13-0.67-0.280.260.180.20.57
0.270.190.50.290.30.15-0.040.380.33-0.140.440.4-0.27-0.040.080.10.190.250.130.140.370.09-0.120.340.36
-0.150.01-0.36-0.3-0.30.110.16-0.40.270.110.280.28-0.38-0.730.490.14-0.010.49-0.670.140.480.21-0.110.41-0.45
0.150.32-0.19-0.35-0.340.350.3-0.380.670.060.120.110.17-0.10.53-0.370.320.73-0.280.370.480.410.330.0-0.4
0.820.95-0.22-0.31-0.30.980.96-0.30.820.590.04-0.150.460.380.7-0.530.950.690.260.090.210.410.830.03-0.28
0.630.78-0.31-0.35-0.350.780.83-0.380.710.58-0.08-0.230.580.620.6-0.880.780.590.18-0.12-0.110.330.83-0.52-0.34
0.140.070.230.110.130.10.00.23-0.03-0.10.080.06-0.22-0.41-0.060.790.07-0.010.20.340.410.00.03-0.520.22
0.23-0.050.910.720.72-0.17-0.320.95-0.39-0.180.150.19-0.20.31-0.660.4-0.03-0.570.570.36-0.45-0.4-0.28-0.340.22
Click cells to compare fundamentals

Park National Account Relationship Matchups

Park National fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding16.3M16.4M16.4M16.4M16.3M14.2M
Total Assets8.6B9.3B9.6B9.9B9.8B5.9B
Short Long Term Debt Total277.0M261.3M427.0M643.4M425.8M743.5M
Other Current Liab(57.9M)(28.9M)(241.9M)(3.5M)3.3B3.5B
Total Current Liabilities57.9M28.9M28.1M227.3M3.5B3.6B
Total Stockholder Equity969.0M1.0B1.1B1.1B1.1B608.2M
Property Plant And Equipment Net87.0M103.7M89.0M82.1M92.2M53.7M
Net Debt117.0M(109.1M)207.8M226.3M207.5M197.1M
Retained Earnings646.8M704.8M776.3M847.2M903.9M949.1M
Cash160.0M370.5M219.2M189.7M218.3M161.6M
Non Current Assets Total1.6B1.5B2.1B326.3M9.4B9.9B
Non Currrent Assets Other(1.6B)(1.5B)(2.1B)(1.7B)7.6B8.0B
Other Assets5.5B6.3B5.5B7.6B207.2M196.8M
Cash And Short Term Investments1.4B1.4B2.0B1.9B218.3M207.4M
Net Receivables54.3M49.4M43.9M34.7M63.3M66.4M
Liabilities And Stockholders Equity8.6B9.3B9.6B9.9B9.8B5.9B
Other Stockholder Equity(127.6M)(130.8M)(142.5M)(138.0M)(155.7M)(147.9M)
Total Liab7.6B8.2B8.4B8.8B8.7B5.3B
Property Plant And Equipment Gross87.0M230.6M247.7M251.4M255.9M268.7M
Total Current Assets1.4B1.5B2.0B1.9B218.3M207.4M
Short Term Debt55M25M238.8M227.3M220M270.0M
Accounts Payable2.9M3.9M3.1M3.5M6.9M4.6M
Non Current Liabilities Total222.0M236.3M427.0M8.6B5.1B5.3B
Accumulated Other Comprehensive Income(9.6M)5.6M15.2M(102.4M)(66.2M)(62.9M)
Common Stock Total Equity459.4M460.7M461.8M462.4M531.8M304.4M
Common Stock459.4M460.7M461.8M462.4M463.3M272.4M
Other Liab78.7M103.9M118.0M110.8M127.4M113.7M
Long Term Debt207.5M220.3M427.0M416.0M189.1M179.7M
Inventory(294.4M)(504.0M)(390.8M)2.0M97.2M102.1M
Treasury Stock(127.6M)(130.8M)(142.5M)(138.0M)(124.2M)(130.4M)
Property Plant Equipment73.3M88.7M89.0M82.1M94.4M64.2M
Short Term Investments1.2B1.1B1.8B1.7B1.3B750.5M
Intangible Assets21.6M21.5M22.7M6.0M19.3M22.5M
Other Current Assets294.4M103.5M144.1M(33.0M)425.5M404.2M
Net Tangible Assets797.9M1.0B943.7M1.1B1.2B844.3M
Retained Earnings Total Equity646.8M704.8M776.3M847.2M974.3M627.3M
Long Term Debt Total207.5M220.3M188.2M416.0M374.4M467.9M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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
8.45
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.