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Income Statement
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Cash Flow Statement
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Common Size IS
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Credit Analysis

PARK NATIONAL CORP (PRK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K8-K10-K10-K
        Interest income on loans  323.1317.2328.7321.4271.1271.1248.7242.0
    Total interest income  378.2345.9357.7360.5310.8310.8286.4276.3
    Interest expense:  
       31.216.030.162.843.943.942.738.2
Net interest income  347.1329.9327.6297.7266.9266.9243.8238.1
Provision for loan losses  4.6-11.912.16.27.9 8.6-5.1
Net interest income after provision for loan losses  342.5341.8315.6291.6259.0266.9235.2243.2
        Other non-interest income  135.9129.9125.797.2101.1 86.484.0
Total non-interest income  135.9129.9125.797.2101.1 86.484.0
Non-interest expenses  298.0283.5286.6264.0228.8 203.2204.3
Pre-tax income before non-recurring items  180.5188.2157.9124.4129.0131.3120.3122.9
Non-recurring items    3.3-0.4-2.3 1.8 
Pre-tax income  180.5188.2154.6124.8131.3131.3118.5122.9
Income taxes  32.134.326.722.120.920.934.236.8
            Tax rate  17.8%18.2%17.3%17.7%15.9%15.9%28.9%29.9%
Net income  148.4153.9127.9102.7110.4110.484.286.1
            Net margin  31.0%32.6%29.0%26.4%30.7%41.4%26.2%26.3%
   
Basic EPS  $9.13$9.45$7.85$6.33$7.13$7.13$5.51$5.62
Diluted EPS  $9.06$9.37$7.80$6.29$7.07$7.07$5.47$5.59
   
Shares outstanding (basic)  16.216.316.316.215.515.515.315.3
Shares outstanding (diluted)  16.416.416.416.315.615.615.415.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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