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Park National PRK Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component

Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component at other companies

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$11.03M+495%
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-$6.1M-96.8%

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:NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent.

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 net periodic defined benefits expense reversal of expense excluding service cost component?
Park National (PRK) reported net periodic defined benefits expense reversal of expense excluding service cost component of -$2.49M in Q1 2026.
How has Park National's net periodic defined benefits expense reversal of expense excluding service cost component changed year-over-year?
Park National's net periodic defined benefits expense reversal of expense excluding service cost component decreased by 6.3% year-over-year, from -$2.34M to -$2.49M.
What is the long-term trend for Park National's net periodic defined benefits expense reversal of expense excluding service cost component?
Over 4 years (2021 to 2025), Park National's net periodic defined benefits expense reversal of expense excluding service cost component has grown at a 23.2% compound annual growth rate (CAGR), from -$4.08M to -$9.38M.
What does net periodic defined benefits expense reversal of expense excluding service cost component mean?
Captures the reversal of previously recognized expenses related to defined benefit plans, excluding the service cost component. This occurs when actuarial adjustments or plan changes result in a reduction of the net periodic benefit cost. It serves as a non-operating adjustment that impacts net income based on pension accounting standards.