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โ Due Diligence๐ข Press Releases
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| 2025-11-04 15:55:00 | Kbra Comments On Park National Corporationโs Acquisition Of First Citizens Bancshares, Inc. New york--(business wire)-- #creditratingagency--on october 27, 2025, newark, oh-based park national corporation (nyse: prk) (โparkโ or โthe companyโ) announced a definitive agreement to acquire dyersburg, tn-based first citizens bancshares, inc. (fizn) in an all-stock transaction valued at approximately $317 million, representing 1.68x tangible book value at the time of deal announcement. the transaction is expected to close in 1q26, pending shareholder and regulatory approvals, with integration anticipated in 3q26. |
| 2025-11-03 08:15:00 | Dfcu Financial Completes Winter Park National Bank Acquisition And Expands Presence Across Central Florida Dearborn, mich. and winter park, fla., nov. 03, 2025 (globe newswire) -- dfcu financial, one of michiganโs largest and most trusted credit unions, and winter park national bank, a leading central florida community bank, today announced the completion of their previously announced business combination. all winter park national bank locations are now operating under the dfcu financial name. |
| 2025-10-27 16:01:00 | Park National Bank Welcomes First Citizens National Bank In Strategic Partnership Newark, ohio and dyersburg, tenn., oct. 27, 2025 (globe newswire) -- park national corporation (โparkโ) (nyse american: prk) and first citizens bancshares, inc. (โfiznโ) (otcem: fizn) have signed a definitive merger agreement, pursuant to which fizn will merge with and into park (the โparent mergerโ). following the parent merger, first citizens national bank (first citizens), the bank subsidiary of fizn, will merge with and into parkโs bank subsidiary, the park national bank (the โbank mergerโ). after closing, first citizensโ ceo and president, jeff agee, will lead the new tennessee region of park national bank. one current fizn director will join parkโs board of directors, and park will maintain first citizensโ current two local community advisory boards. park will continue first citizensโ strong legacy of community support through local partnerships, investment and engagement, and will maintain first citizensโ philanthropic commitments to organizations across its footprint. |
| 2025-10-27 16:00:00 | Park National Corporation Reports Financial Results For Third Quarter And First Nine Months Of 2025 Newark, ohio, oct. 27, 2025 (globe newswire) -- park national corporation (park) (nyse american: prk) today reported financial results for the third quarter and first nine months of 2025. parkโs board of directors declared a quarterly cash dividend of $1.07 per common share and a special one-time dividend of $1.25 per common share, both payable on december 10, 2025, to common shareholders of record as of november 21, 2025. |
| 2025-07-29 08:00:00 | Park National Corporation Names Matthew R. Miller Chief Executive Officer; David L. Newark, ohio, july 29, 2025 (globe newswire) -- park national corporation (park) (nyse american: prk) has named matthew r. miller chief executive officer of park national corporation and park national bank effective january 1, 2026. miller will retain his title as president. david l. trautman will continue to serve as chair of the board. |
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