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Park National (Park National) Retained Earnings : $921.1 Mil (As of Mar. 2024)


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What is Park National Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Park National's retained earnings for the quarter that ended in Mar. 2024 was $921.1 Mil.

Park National's quarterly retained earnings increased from Sep. 2023 ($896.6 Mil) to Dec. 2023 ($903.9 Mil) and increased from Dec. 2023 ($903.9 Mil) to Mar. 2024 ($921.1 Mil).

Park National's annual retained earnings increased from Dec. 2021 ($776.3 Mil) to Dec. 2022 ($847.2 Mil) and increased from Dec. 2022 ($847.2 Mil) to Dec. 2023 ($903.9 Mil).


Park National Retained Earnings Historical Data

The historical data trend for Park National's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Park National Retained Earnings Chart

Park National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 646.85 704.76 776.29 847.24 903.88

Park National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 862.52 876.83 896.63 903.88 921.10

Park National Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Park National  (AMEX:PRK) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Park National (Park National) Business Description

Traded in Other Exchanges
N/A
Address
50 North Third Street, P.O. Box 3500, Newark, OH, USA, 43058-3500
Park National Corp is a diversified financial services company based in Newark, Ohio, consisting of 11 community banking divisions with more than 100 offices in Ohio and Kentucky. Park National provides banking and other financial services to consumers and businesses.
Executives
Englefield F W Iv director 50 NORTH THIRD STREET, P O BOX 3500, NEWARK OH 43058-3500
Dan Delawder director, officer: President and CEO
Miller Daniel Byrd Iii director 50 N THIRD ST, NEWARK OH 43055
Frederic M Bertley director 50 N THIRD ST, NEWARK OH 43055
Robert E Oneill director 50 N THIRD STREET, NEWARK OH 43055
Mark R Ramser director 50 N THIRD ST, NEWARK OH 43055
Timothy S. Mclain director 50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
James R Deroberts director 50 N THIRD STREET, NEWARK OH 43055
Jason N Judd director 50 N THIRD ST, NEWARK OH 43055
Leon Zazworsky director 50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
Kelly A Edds officer: Chief Accounting Officer 50 N THIRD STREET, NEWARK OH 43055
Alicia J Hupp director 50 N THIRD STREET, NEWARK OH 43055
Julia A Sloat director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Brady T Burt officer: Chief Financial Officer 0015 BENCHMARK ROAD, SUITE 300, P.O. BOX 6580, AVON CO 81620
Matthew R Miller officer: Chief Accounting Officer 50 NORTH THIRD STREET, NEWARK OH 43055