David Trautman - Park National Chairman

PRK Stock  USD 140.05  1.12  0.81%   

Chairman

Mr. David L. Trautman is was appointed as Chairman of the Board, Chief Executive Officer of the company, Effective May 01, 2019. and is no longer as President of Park National Corporationrationration. Effective May 01, 2019. Mr. Trautman has served as a director of Park since 2005 and as a member of the Board of Directors of Park National Bank since 2002. Mr. Trautman serves as Vice Chair of the Executive Committee of Parks Board of Directors. Mr. Trautman also served as Chair of the Investment Committee of Parks Board of Directors during the 2018 fiscal year and during the 2019 fiscal year until the Investment Committee was eliminated, effective January 28, 2019. Mr. Trautman has served as Chief Executive Officer of Park since January 2014 and as President of Park since January 2005. He also served as Secretary of Park from July 2002 to December 2013 since 2019.
Age 62
Tenure 5 years
Address 50 North Third Street, Newark, OH, United States, 43058-3500
Phone740 349 8451
Webhttps://www.parknationalcorp.com
Trautman has served as Chief Executive Officer of Park National Bank since January 2014 and as President of Park National Bank since January 2005. Prior to his current positions, Mr. Trautman served in executive positions with Park National Bank and the FirstKnox National Bank Division for over ten years.

Park National Management Efficiency

The company has Return on Asset of 0.013 % which means that on every $100 spent on assets, it made $0.013 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1143 %, implying that it generated $0.1143 on every 100 dollars invested. Park National's management efficiency ratios could be used to measure how well Park National manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Park National's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.01 this year, although the value of Return On Capital Employed will most likely fall to 0.04. Non Current Liabilities Total is expected to rise to about 5.3 B this year, although the value of Total Current Liabilities will most likely fall to about 3.6 B.
The company has 533.93 M in debt with debt to equity (D/E) ratio of 9.25, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Park National until it has trouble settling it off, either with new capital or with free cash flow. So, Park National's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Park National sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Park to invest in growth at high rates of return. When we think about Park National's use of debt, we should always consider it together with cash and equity.

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Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in small and medium population areas. The company was founded in 1908 and is headquartered in Newark, Ohio. Park National operates under BanksRegional classification in the United States and is traded on AMEX Exchange. It employs 1573 people. Park National (PRK) is traded on NYSE MKT Exchange in USA. It is located in 50 North Third Street, Newark, OH, United States, 43058-3500 and employs 1,653 people. Park National is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Park National Leadership Team

Elected by the shareholders, the Park National's board of directors comprises two types of representatives: Park National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Park. The board's role is to monitor Park National's management team and ensure that shareholders' interests are well served. Park National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Park National's outside directors are responsible for providing unbiased perspectives on the board's policies.
Julia Sloat, Independent Director
Matthew Miller, Executive Vice President
F Englefield, Independent Director
Stephen Kambeitz, Independent Director
LDavid Trautman, CEO and President Director, Chairman of Investment Committee, Vice Chairman of Executive Committee and President of Park National Bank, CEO of The Park National Bank and Director of Park National Bank
Mark Ramser, Independent Director
C DeLawder, Independent Director
Brady Burt, Chief Financial Officer, Treasurer, Secretary
Leon Zazworsky, Lead Independent Director
Jason Judd, Independent Director
Donna Alvarado, Independent Director
Bethany Lewis, Vice Communication
Phillip Leitnaker, Member Division
Timothy McLain, Independent Director
Robert ONeill, Independent Director
David Trautman, CEO and President Director, Member of Investment Committee, CEO of The Park National Bank and President of Park National Bank and Director of Park National Bank
Kelly CPA, Chief Officer
Alicia Hupp, Independent Director
Matthew CPA, President Director
Brady CPA, Secretary CFO

Park Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Park National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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 tightly coupled 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.
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When running Park National's price analysis, check to measure Park National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Park National is operating at the current time. Most of Park National's value examination focuses on studying past and present price action to predict the probability of Park National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park National's price. Additionally, you may evaluate how the addition of Park National to your portfolios can decrease your overall portfolio volatility.
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Is Park National's industry 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
0.048
Dividend Share
4.21
Earnings Share
7.9
Revenue Per Share
28.892
Quarterly Revenue Growth
0.028
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.