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Park National PRK Serviced sold mortgage loans

Serviced sold mortgage loans at other companies

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Independent Bank CorporationIBCP
$2.61B-26.3%
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$2.61B-26.3%
Pioneer Bancorp, Inc. logo
Pioneer Bancorp, Inc.PBFS
$16.9M+7.6%
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Pioneer Bancorp, Inc.PBFS
$16.9M+7.6%
Apollo Global Management logo
Apollo Global ManagementAPO
$103.58B+27.7%
Rocket Companies logo
Rocket CompaniesRKT
$1.21T+126%

Other financials

Income statement

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Revenue$178.4M+26.4%
Net income$58.8M+22.1%
EPS (diluted)$3.23+8.8%

Balance sheet

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Cash & equivalents$580.3M+200%
Total debt$140.9M+24.5%
Total equity$1.7B+33.4%
Total assets$12.7B+27.4%

Cash flow

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Operating cash flow$57.2M+15.5%
CapEx$6.7M+409%
Free cash flow$50.5M+4.8%

Valuation

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Market cap$3.67B+39.6%
Enterprise value$3.23B+26.6%
P/E19.3×+3.6×
P/S5.9×+1.0×

Profitability

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Net margin30.5%-0.3pp
FCF margin29.5%-2.4pp

Returns & leverage

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Return on equity12.6%-0.9pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Park National in its filing.

Tagged under the XBRL concept prk:PrincipalAmountOutstandingOnSoldLoansServicingRetained.

The source filing: Park National’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000805676-26-000061

Park serviced sold mortgage loans of $1.82 billion at June 30, 2026, compared to $1.84 billion at both December 31, 2025 and June 30, 2025. At both June 30, 2026 and December 31, 2025, $2.3 million of the sold mortgage loans were sold with recourse, compared to $2.4 million at June 30, 2025. Management closely monitors the delinquency rates on the mortgage loans sold with recourse. At both June 30, 2026 and December 31, 2025, management had established reserves of $18,000, to account for expected losses on loan repurchases.

Item 1. Financial Statements

FAQ

What is Park National's serviced sold mortgage loans?
Park National (PRK) reported serviced sold mortgage loans of $1.82B in Q2 2026.
How has Park National's serviced sold mortgage loans changed year-over-year?
Park National's serviced sold mortgage loans decreased by 1.1% year-over-year, from $1.84B to $1.82B.
What is the long-term trend for Park National's serviced sold mortgage loans?
Over 5 years (2020 to 2025), Park National's serviced sold mortgage loans has grown at a -1.4% compound annual growth rate (CAGR), from $1.97B to $1.84B.
What does serviced sold mortgage loans mean?
Serviced sold mortgage loans as reported by Park National Corporation.

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