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Park National (PRK) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 5, 2026

Park National (PRK) reported revenue of $210M for the third quarter 2026 (Q3 2026), +24% from a year earlier and -0.6% from the quarter before. Operating margin was 33.6%, net earnings $56.9M (27.0% of revenue).

Revenue$210M
Year over year+24%
Quarter over quarter-0.6%
Operating margin33.6%
Net earnings$56.9M

Park National, Q3 2026: revenue $210M (+24% year over year), operating margin 33.6%, net earnings $56.9M, operating cash flow $66.0M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$210M-0.6%+24%
Operating profit$70.8M-32%+22%
Net earnings$56.9M-3%+21%
Operating cash flow$66.0M+15%+26%
Free cash flow$58.4M+16%+15%

What changed

Revenue was $210.5M in Q3 2026, up 24% year over year and down 1% from the previous quarter.

Operating profit was $70.8M, a 33.6% margin (down 0.6 points year over year). Of the extra revenue versus Q3 2025, 31% reached operating profit, below the 34% margin then. Total costs grew 25% against revenue growth of 24%. Net earnings were $56.9M, up 21% year over year. The effective tax rate was 19.6%.

Operating cash flow was $66.0M (up 26% year over year), 116% of net earnings. Non-cash charges added back $5.1M of depreciation and amortization and $2.3M of share-based compensation. Capital expenditures of $7.6M left free cash flow of $58.4M.

Questions

What was Park National's revenue in the third quarter 2026?

Park National (PRK) reported revenue of $210M for the third quarter 2026 (Q3 2026), +24% from a year earlier and -0.6% from the quarter before.

Was Park National profitable in the third quarter 2026?

Operating profit was $70.8M (33.6% of revenue) and net earnings $56.9M.

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Source: Park National 10-Q on SEC EDGAR.