Park National Corporation (PRK) Balance Sheet
PRK balance sheet, 2025
December 31, 2025 · U.S. dollars$9.81B assets = $8.45B liabilities + $1.35B equity
Both columns are drawn to the same scale: what PRK owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PRK financial health
Descriptive bands, not a rating. Fiscal 2025.
PRK balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $7.47B2016 | $9.81B2025 | +3.1%/yr | |
| Total liabilities | $6.73B2016 | $8.45B2025 | +2.6%/yr | |
| Shareholders’ equity | $742.2M2016 | $1.35B2025 | +6.9%/yr | |
| Cash & short-term investments | $1.40B2016 | $137.2M2025 | −22.8%/yr | |
| Total debt | $1.13B2016 | $98.8M2025 | −23.8%/yr | |
| Net cash (debt) | $270.5M2016 | $38.5M2025 | −$232.0M | |
| Working capital | −$5.25B2016 | $87.5M2025 | +$5.3B | |
| Book value per share | $48.182016 | $83.592025 | +6.3%/yr | |
| Debt / equity | 1.532016 | 0.072025 | −1.45 | |
| Shares outstanding | 15.4M2016 | 16.2M2025 | +0.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PRK assets
PRK liabilities and equity
PRK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PRK balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $137.2M | $1.16B | $1.55B | $1.92B | $1.97B | $1.43B | $1.37B | $1.17B | $1.26B | $1.40B |
| Cash & equivalents | $137.2M | $160.6M | $218.3M | $189.7M | $219.2M | $370.5M | $160.0M | $167.2M | $169.1M | $146.4M |
| Short-term investments | $864.6M | $996.6M | $1.33B | $1.73B | $1.75B | $1.06B | $1.21B | $1.00B | $1.09B | $1.26B |
| Receivables | $34.6M | $66.1M | $63.3M | $34.7M | $43.9M | $49.4M | $54.3M | $25.2M | $25.2M | $22.1M |
| Inventory | $0 | $0 | $97.2M | $2.0M | −$390.8M | −$504.0M | −$294.4M | −$2.3M | −$3.0M | −$3.2M |
| Other current assets | $0 | $190.1M | $68.7M | $0 | $534.9M | $607.5M | $396.4M | $2.3M | $3.0M | $3.2M |
| Total current assets | $171.9M | $1.41B | $1.78B | $1.93B | $2.16B | $1.58B | $1.53B | $1.20B | $1.29B | $1.43B |
| Property, plant & equipment (net) | $61.6M | $86.9M | $92.2M | $82.1M | $104.9M | $107.6M | $87.0M | $59.8M | $55.9M | $58.0M |
| Goodwill & intangible assets | $162.0M | $176.9M | $178.9M | $165.6M | $182.3M | $181.1M | $181.2M | $129.9M | $82.0M | $81.6M |
| Long-term investments | $849.4M | $1.14B | $1.49B | $1.82B | $1.82B | $7.09B | $6.44B | $1.46B | $6.84B | $6.80B |
| Other non-current assets | $8.56B | $6.98B | $6.29B | $5.86B | $5.30B | $315.5M | $319.5M | $4.96B | $0 | $0 |
| Total assets | $9.81B | $9.81B | $9.84B | $9.85B | $9.56B | $9.28B | $8.56B | $7.80B | $7.54B | $7.47B |
| Liabilities | ||||||||||
| Accounts payable | $4.1M | $7.9M | $6.9M | $3.5M | $3.1M | $3.9M | $2.9M | $2.6M | $2.3M | $2.2M |
| Short-term debt | $84.3M | $90.4M | $220.0M | $227.3M | $238.8M | $342.2M | $230.7M | $322.0M | $541.3M | $185.0M |
| Deferred revenue | — | — | −$6.9M | — | — | — | — | — | — | — |
| Total current liabilities | $84.3M | $8.24B | $3.52B | $227.3M | $8.15B | $7.92B | $7.29B | $6.96B | $6.77B | $6.68B |
| Long-term debt | $0 | $189.7M | $189.1M | $416.0M | $188.2M | $220.3M | $207.5M | $415.0M | $515.0M | $739.3M |
| Lease obligations | $17.1M | $16.5M | $16.6M | $19.3M | $14.3M | $16.1M | $14.5M | — | — | — |
| Other long-term liabilities | $8.37B | $130.0M | $4.88B | $8.14B | $114.9M | $100.0M | $95.7M | $6.56B | $6.27B | $5.99B |
| Total liabilities | $8.45B | $8.56B | $8.69B | $8.79B | $8.45B | $8.24B | $7.59B | $6.97B | $6.78B | $6.73B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $465.0M | $463.7M | $463.3M | $462.4M | $461.8M | $460.7M | $459.4M | $358.6M | $307.7M | $305.8M |
| Retained earnings (deficit) | $1.07B | $977.6M | $903.9M | $847.2M | $776.3M | $704.8M | $646.8M | $614.1M | $561.9M | $535.6M |
| Treasury stock | — | — | — | −$138.0M | −$142.5M | −$130.8M | −$127.6M | −$90.4M | −$87.1M | −$81.5M |
| Accumulated other comprehensive income | −$12.7M | −$46.2M | −$66.2M | −$102.4M | $15.2M | $5.6M | −$9.6M | −$49.8M | −$26.5M | −$17.7M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.35B | $1.24B | $1.15B | $1.07B | $1.11B | $1.04B | $969.0M | $832.5M | $756.1M | $742.2M |
| Key figures | ||||||||||
| Total debt | $98.8M | $296.6M | $425.8M | $643.4M | $441.3M | $578.6M | $452.6M | $637.0M | $906.3M | $1.13B |
| Net cash (debt) | $38.5M | $860.6M | $1.13B | $1.28B | $1.53B | $851.3M | $917.0M | $533.7M | $356.6M | $270.5M |
| Working capital | $87.5M | −$6.83B | −$1.74B | $1.70B | −$5.99B | −$6.34B | −$5.76B | −$5.76B | −$5.48B | −$5.25B |
| Tangible book value | $1.19B | $1.07B | $966.4M | $903.7M | $928.4M | $859.2M | $787.8M | $702.6M | $674.1M | $660.6M |
| Book value per share | $83.59 | $76.57 | $70.48 | $65.33 | $67.63 | $63.40 | $59.34 | $53.33 | $49.13 | $48.18 |
| Shares outstanding | 16.2M | 16.2M | 16.2M | 16.4M | 16.4M | 16.4M | 16.3M | 15.6M | 15.4M | 15.4M |
| Current ratio | 2.04 | 0.17 | 0.51 | 8.47 | 0.27 | 0.20 | 0.21 | 0.17 | 0.19 | 0.21 |
| Quick ratio | 2.04 | 0.15 | 0.46 | 8.61 | 0.25 | 0.19 | 0.20 | 0.17 | 0.19 | 0.21 |
| Debt / equity | 0.07 | 0.24 | 0.37 | 0.60 | 0.40 | 0.56 | 0.47 | 0.77 | 1.20 | 1.53 |
| Equity / assets | 13.8% | 12.7% | 11.6% | 10.8% | 11.6% | 11.2% | 11.3% | 10.7% | 10.0% | 9.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $144.5M | $152.3M | $137.2M | $1.04B | $1.15B | $1.18B | $1.16B | $1.33B | $1.43B | $1.55B | $1.55B | $223.6M |
| Cash & equivalents | $144.5M | $152.3M | $137.2M | $218.9M | $193.1M | $237.6M | $160.6M | $201.7M | $261.5M | $306.1M | $218.3M | $223.6M |
| Short-term investments | $1.38B | $1.15B | $864.6M | $817.7M | $954.5M | $938.2M | $996.6M | $1.13B | $1.17B | $1.25B | $1.33B | $1.61B |
| Receivables | $44.8M | $43.9M | $34.6M | $67.2M | $65.0M | $63.6M | $66.1M | $65.2M | $67.5M | $66.6M | $63.3M | $39.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$1.31B | $103.6M | −$150.2M | $97.2M | −$462.0M |
| Other current assets | $0 | $0 | $0 | $196.2M | $194.0M | $192.5M | $190.1M | $1.51B | $66.4M | $317.7M | $68.7M | $422.9M |
| Total current assets | $99.7M | $196.2M | $171.9M | $1.30B | $1.41B | $1.43B | $1.41B | $1.59B | $1.67B | $1.79B | $1.78B | $223.6M |
| Property, plant & equipment (net) | $94.8M | $110.6M | $62.5M | $78.1M | $80.4M | $82.7M | $86.9M | $87.1M | $89.4M | $89.6M | $92.2M | $77.3M |
| Goodwill & intangible assets | $301.0M | $302.6M | $162.0M | $175.9M | $176.2M | $176.5M | $176.9M | $163.3M | $177.9M | $178.4M | $178.9M | $164.6M |
| Long-term investments | $1.43B | $1.40B | $849.4M | $975.5M | $1.11B | $1.08B | $1.14B | $1.27B | $1.31B | $1.37B | $1.49B | $1.71B |
| Other non-current assets | $10.75B | $10.97B | $8.56B | $7.33B | $7.17B | $7.11B | $6.98B | $6.79B | $6.67B | $6.45B | $6.29B | $7.83B |
| Total assets | $12.68B | $12.98B | $9.81B | $9.86B | $9.95B | $9.89B | $9.81B | $9.90B | $9.92B | $9.88B | $9.84B | $10.00B |
| Liabilities | ||||||||||||
| Accounts payable | $6.2M | $7.1M | $4.1M | $4.6M | $7.9M | $5.8M | $7.9M | $6.3M | $8.8M | $5.5M | $6.9M | $3.3M |
| Short-term debt | $124.0M | $137.5M | $84.3M | $78.1M | $95.7M | $81.0M | $90.4M | $117.4M | $94.5M | $105.9M | $328.2M | $352.8M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$8.8M | −$5.5M | −$6.9M | — |
| Total current liabilities | $137.4M | $137.5M | $84.3M | $8.41B | $8.34B | $8.29B | $8.24B | $2.64B | $8.42B | $8.42B | $8.38B | $356.1M |
| Long-term debt | $15.0M | $15.0M | $0 | $0 | $189.9M | $189.8M | $189.7M | $189.5M | $189.4M | $189.3M | $189.1M | $541.8M |
| Lease obligations | $18.5M | $18.9M | $17.1M | $17.3M | $17.5M | $17.7M | $16.5M | $17.3M | $17.9M | $16.5M | $16.6M | $17.4M |
| Other long-term liabilities | $10.80B | $11.13B | $8.37B | $117.6M | $123.9M | $129.3M | $130.0M | $5.83B | $131.3M | $112.4M | $124.4M | $0 |
| Total liabilities | $10.95B | $11.28B | $8.45B | $8.53B | $8.66B | $8.61B | $8.56B | $8.66B | $8.74B | $8.72B | $8.69B | $541.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $783.4M | $782.6M | $463.6M | $463.0M | $461.3M | $459.5M | $463.7M | $462.1M | $460.8M | $459.5M | $463.3M | $461.8M |
| Retained earnings (deficit) | $1.12B | $1.09B | $1.07B | $1.06B | $1.03B | $1.00B | $977.6M | $964.0M | $943.1M | $921.1M | $903.9M | $896.6M |
| Accumulated other comprehensive income | −$14.3M | −$8.6M | −$12.7M | −$25.7M | −$31.5M | −$34.7M | −$46.2M | −$34.7M | −$68.5M | −$66.4M | −$66.2M | −$115.9M |
| Minority interest | $2.1M | $2.1M | — | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $1.72B | $1.70B | $1.35B | $1.33B | $1.29B | $1.28B | $1.24B | $1.24B | $1.18B | $1.16B | $1.15B | $1.09B |
| Key figures | ||||||||||||
| Total debt | $155.9M | $169.1M | $98.8M | $95.4M | $303.1M | $288.4M | $296.6M | $324.2M | $301.8M | $311.6M | $533.9M | $894.6M |
| Net cash (debt) | −$11.5M | −$16.7M | $38.5M | $941.2M | $844.5M | $887.4M | $860.6M | $1.01B | $1.13B | $1.24B | $1.02B | −$671.0M |
| Working capital | −$37.7M | $58.7M | $87.5M | −$7.11B | −$6.93B | −$6.86B | −$6.83B | −$1.05B | −$6.75B | −$6.63B | −$6.60B | −$132.4M |
| Tangible book value | $1.42B | $1.40B | $1.19B | $1.16B | $1.12B | $1.10B | $1.07B | $1.08B | $1.01B | $983.6M | $966.4M | $921.0M |
| Book value per share | $96.58 | $97.37 | $83.59 | $82.16 | $79.83 | $78.76 | $76.38 | $76.21 | $72.86 | $71.77 | $70.62 | $66.94 |
| Shares outstanding | 17.8M | 17.5M | 16.2M | 16.2M | 16.2M | 16.2M | 16.3M | 16.3M | 16.2M | 16.2M | 16.2M | 16.2M |
| Current ratio | 0.73 | 1.43 | 2.04 | 0.15 | 0.17 | 0.17 | 0.17 | 0.60 | 0.20 | 0.21 | 0.21 | 0.63 |
| Quick ratio | 1.38 | 1.43 | 2.04 | 0.13 | 0.15 | 0.15 | 0.15 | 0.53 | 0.18 | 0.19 | 0.19 | 0.74 |
| Debt / equity | 0.09 | 0.10 | 0.07 | 0.07 | 0.23 | 0.23 | 0.24 | 0.26 | 0.26 | 0.27 | 0.47 | 0.82 |
| Equity / assets | 13.6% | 13.1% | 13.8% | 13.5% | 13.0% | 12.9% | 12.7% | 12.5% | 11.9% | 11.8% | 11.6% | 10.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 23, 2026); data from EODHD.
PRK financial position
At the end of fiscal 2025 (December 31, 2025), Park National had total assets of $9.8 billion (down 0.0% from a year earlier), total liabilities of $8.5 billion and shareholders' equity of $1.4 billion. It held $137.2 million in cash and short-term investments against $98.8 million of debt, a net cash position of $38.5 million. Its current ratio was 2.04. In the latest quarter (ended June 30, 2026) total assets were $12.7 billion and equity $1.7 billion.
Related: PRK income statement, PRK cash flow statement, PRK key metrics. See the PRK stock overview for the latest quote and news.
PRK balance sheet FAQ
What are Park National's total assets?
Park National reported total assets of $9.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $9.8 billion a year earlier.
How much debt does Park National have?
Park National had $98.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.07.
How much cash does Park National have?
Park National held $137.2 million in cash and short-term investments at the end of fiscal 2025; with $98.8 million of debt that is net cash of $38.5 million.
What is Park National's book value?
Park National's shareholders' equity (book value) was $1.4 billion at the end of fiscal 2025, or $83.59 per share.
What is Park National's current ratio?
Park National had current assets of $171.9 million and current liabilities of $84.3 million, a current ratio of 2.04 (it can cover its short-term obligations).
How much goodwill does Park National have?
Park National carried $162.0 million of goodwill and intangible assets, 1.7% of total assets, at the end of fiscal 2025.