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Park National PRK Data processing and equipment

Data processing and equipment at other companies

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$12.65M+44.5%
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$29.03M+31.8%
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$15.6M+53.1%
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$5.69M+5.2%
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Huntington BancsharesHBAN

Other financials

Income statement

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Revenue$159.5M+22.6%
Net income$41.7M-1.1%
EPS (diluted)$2.39-8.1%

Balance sheet

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Cash & equivalents$983.1M+314%
Total debt$154.1M+56.2%
Total equity$1.7B+32.9%
Total assets$13.0B+31.3%

Cash flow

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Operating cash flow$30.9M-18.1%
CapEx$4.3M+296%
Free cash flow$26.6M-27.3%

Valuation

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Market cap$3.24B+20.7%

Profitability

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Net margin30.6%+0.7pp
FCF margin31%-2.0pp

Returns & leverage

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Return on equity12.1%-0.9pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Park National in its filing.

Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.

The official record: Park National’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Park National's data processing and equipment?
Park National (PRK) reported data processing and equipment of $13.14M in Q1 2026.
How has Park National's data processing and equipment changed year-over-year?
Park National's data processing and equipment increased by 24.8% year-over-year, from $10.53M to $13.14M.
What is the long-term trend for Park National's data processing and equipment?
Over 4 years (2021 to 2025), Park National's data processing and equipment has grown at a 10.3% compound annual growth rate (CAGR), from $30.54M to $45.27M.
What does data processing and equipment mean?
Encompasses the costs associated with maintaining the bank's core banking systems, digital platforms, and data processing infrastructure. This includes expenses for software licensing, third-party processing services, and hardware maintenance. It is a critical efficiency metric reflecting the bank's investment in technological capabilities and operational scalability.