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Park National Corporation announced it has completed its all-stock merger with First Citizens Bancshares, extending Park’s footprint into Tennessee and combining two community-focused banking franchises. The transaction closed on February 1, 2026, with First Citizens National Bank merging into Park National Bank and operating as a division until systems conversion later this year.

Based on December 31, 2025 figures, the combined company has pro forma assets of $12.6 billion, deposits of $10.5 billion, and loans of $9.6 billion, with more than 100 branches across Ohio, Kentucky, North Carolina, South Carolina, and Tennessee. As part of the merger, former First Citizens CEO Jeffrey D. Agee joined Park’s board and will lead the new Tennessee region, while customers are expected to continue banking as usual during the integration process.
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Global Finance News 02-02-26
Park National Corporation reported stronger financial results for the fourth quarter and full year of 2025, alongside an increase in its quarterly cash dividend. The company declared a dividend of $1.10 per common share, payable on March 10, 2026, to shareholders of record on February 20, 2026.

Fourth-quarter net income rose 10.4 percent year over year to $42.6 million, with diluted earnings per share increasing to $2.63. For the full year, net income climbed 18.9 percent to $180.1 million, while diluted earnings per share reached $11.11. Park also reported solid balance sheet performance, with total loans growing 3.0 percent and total deposits rising 1.2 percent during 2025.

Management highlighted strong customer relationships, record earnings and dividends, and momentum heading into the expected closing of the First Citizens Bancshares, Inc. transaction on February 1, 2026. As of December 31, 2025, Park National Corporation had total assets of $9.8 billion.

Source: Park National Corporation press release, January 2026
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Global Finance News 01-27-26
Park National Corporation Shareholders Approve Key Proposals at 2025 Annual Meeting

Park National Corporation successfully held its 2025 Annual Meeting of Shareholders on April 28, with approximately 85.77% of shares represented. All director nominees—Donna M. Alvarado, Frederic M. Bertley, Ph.D., and Timothy S. McLain—were elected to serve three-year terms ending in 2028.

Shareholders also:

Approved a non-binding advisory resolution on executive compensation with 11.1 million votes in favor.

Ratified the selection of Crowe LLP as the independent auditor for fiscal year 2025, receiving 13.2 million votes in support.

Adopted an amendment to double the number of authorized common shares from 20 million to 40 million, with over 12.9 million votes in favor.

These results reflect strong shareholder support for Park's leadership and governance initiatives.
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ME NEWS 04-30-25
Park National Corporation Reports Financial Results for First Quarter 2025

NEWARK, Ohio, – Park National Corporation (NYSE American: PRK) today announced its financial results for the first quarter of 2025. The company's net income for the first quarter was $42.2 million, reflecting a 19.8% increase compared to $35.2 million for the first quarter of 2024.

The board of directors also declared a quarterly cash dividend of $1.07 per common share, which will be payable on June 10, 2025, to shareholders of record as of May 16, 2025.

Key Highlights:

Net Income: $42.2 million (up 19.8% from Q1 2024)

Earnings Per Share (Diluted): $2.60 (up 19.8% from Q1 2024)

Loan Growth: Total loans increased by 0.9% (3.5% annualized)

Deposits: Period-end deposits grew by 0.7% (2.9% annualized)

Dividends: Quarterly dividend increased by 0.9% compared to the previous quarter

Chairman and CEO David Trautman commented, "Our first quarter performance reflects our commitment to providing consistent financial support and a measure of predictability in dynamic market conditions."

Park's total assets reached $9.9 billion as of March 31, 2025. The company continues to experience solid loan growth and stable deposits, contributing to its strong start in 2025.

Performance Ratios:

Return on Assets: 1.70% (up 18.1% compared to Q1 2024)

Return on Equity: 13.46% (up 10.1% compared to Q1 2024)

Efficiency Ratio: 59.79% (improved by 5.2% compared to Q1 2024)

Park National Corporation operates through various subsidiaries, including The Park National Bank, Scope Leasing, Inc., and Guardian Financial Services Company.
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ME NEWS 04-28-25
Park National Corporation Provides Investor Presentation in Latest SEC Filing
Newark, OH – March 10, 2025 – Park National Corporation (NYSE American: PRK) has furnished an Investor Presentation that may be presented to analysts and investors on or after March 10, 2025.

The presentation slides, included as Exhibit 99.1 in Park's Form 8-K filing, are available for public access on the SEC Filings section of the company's website: www.parknationalcorp.com.

Key Filing Details
Filing Type: Current Report (Form 8-K)
Filed Under: Regulation FD Disclosure (Item 7.01)
Exchange Listing: NYSE American
Trading Symbol: PRK
Investor Presentation Availability: Exhibit 99.1
Regulatory Considerations
The Safe Harbor Statement contained in the investor presentation is incorporated by reference into the filing.
The Form 8-K filing is for informational purposes only and is not incorporated into any registration statement filed under the Securities Act of 1933.
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ME NEWS 03-11-25