Park National Corporation · AMEX:PRK
Park National — Shareholder Meeting (April 2024)
9 slides from Park National's shareholder meeting presentation, Apr 22, 2024
Slide 1: Annual Meeting of Shareholders
PA R K N AT I O N A L C O R P O R AT I O N Annual Meeting of Shareholders A P R I L 2 2 , 2 0 2 4
Slide 2: Safe Harbor Statement
Safe Harbor Statement P A R K N A T I O N A L C O R P O R A T I O N 2 This presentation contains forward‐looking statements that are provided to assist in the understanding of anticipated future financial performance. Forward‐looking statements provide current expectations or forecasts of future eve
Slide 3: Park National Corporation
Park National Corporation P A R K N A T I O N A L B A N K 3
Slide 4: Park National Bank Footprint
Park National Bank Footprint P A R K N A T I O N A L C O R P O R A T I O N 4 South Carolina 1 Market value of assets under management 2 Full-time employees does not include 799 full-time employees at Park’s shared service areas Note: Metro and Central Ohio regions share Franklin County Note: Financi
Slide 5: Overview of Park National Corporation
Overview of Park National Corporation P A R K N A T I O N A L B A N K 51 Nonperforming assets (“NPAs”) exclude accruing troubled debt restructuring loans 2 Net interest margin shown on a fully taxable equivalent basis assuming a 21% corporate federal income tax rate Note: Financial data as of March
Slide 6: Financial Highlights
Financial Highlights P A R K N A T I O N A L C O R P O R A T I O N 6 Q1 2024 Q1 2023 Year Ended 2023 Year Ended 2022 (in thousands) INCOME STATEMENT: Net interest income $95,623 $92,198 $373,113 $347,059 Provision for credit losses 2,180 183 2,904 4,557 Other income 26,200 24,387 92,634 135,935 Othe
Slide 7: PRK Favorite Numbers
PRK Favorite Numbers P A R K N A T I O N A L C O R P O R A T I O N 7 20222023Q1 2023Q1 2024 1.48%1.27%1.36%1.44%Return on average assets 13.78%11.55%12.54%12.23%Return on average shareholders’ equity 3.80%4.11%4.08%4.28%Net interest margin (2) $9.06 $7.80 $2.07 $2.17 Earnings per common share - dilu
Slide 8: Peer Group Data
P A R K N A T I O N A L C O R P O R A T I O N 8 Peer Group Data Note: All data as of December 31, 2023 1 Price / Tangible Book is calculated as share price divided by tangible book value per share. Tangible book value per share equals tangible equity divided by shares outstanding. Tangible equity ($
Slide 9: We Live and Love to Serve
P A R K N A T I O N A L C O R P O R A T I O N We Live and Love to Serve. Let us know how we may help you, your family and your friends!