Piper Sandler reaffirms USD 217 target for Park National stock
Published on 10/14/2026 at 06:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and quarterly growth
- Piper Sandler reaffirmed a USD 217.00 target for Park National on September 25, 2026.
- Second-quarter 2026 revenue reached USD 211.87 million, up 25.60 percent year over year.
- Park National is scheduled to report its next results on October 26, 2026.
- The NYSE quote was last at USD 175.63 on October 13, 2026.
Piper Sandler reaffirmed a USD 217.00 price target for Park National stock on September 25, 2026, while retaining a Neutral rating, according to Investing.com. The call came after Park National reported strong second-quarter 2026 figures, giving the target a concrete earnings base.
Quarterly growth supports the case
Revenue reached USD 211.87 million in the second quarter of 2026, up 25.60 percent from the same quarter a year earlier, while net income rose 22.10 percent to USD 58.75 million, according to Stockmarketcap.eu. Diluted earnings per share increased 8.75 percent year over year to USD 3.23, a slower rate than net income growth because the share base also matters for per-share performance.
Park National's total assets stood at USD 12.68 billion on June 30, 2026, while total deposits were USD 10.67 billion and net loans were USD 9.62 billion. The figures show a regional bank with a balance sheet large enough for scale, but the valuation discussion remains tied to profitability and future loan growth.
What does the target imply?
Piper Sandler's USD 217.00 target sits above the average analyst target of USD 203.50 listed by ToAlpha. The same overview shows five analysts with Hold ratings, so the target is a positive valuation reference rather than a broad Buy consensus.
The company generated USD 57.18 million of operating cash flow in the second quarter of 2026. That cash figure provides a useful counterweight to the target discussion because it connects reported earnings with cash generation.
Three dated developments
Park National's report calendar recorded a plus 0.70 percent stock reaction on January 26, 2026, a minus 0.30 percent reaction on April 24, 2026, and the USD 217.00 Piper Sandler target on September 25, 2026, according to ToAlpha. The sequence moves from market reactions to a valuation signal ahead of the next results date.
Next results date is October 26
Park National is scheduled to report its next results on October 26, 2026, according to ToAlpha. That report will test whether the second-quarter growth rates of 25.60 percent for revenue and 22.10 percent for net income continued into the third quarter.
NYSE value and yearly range
Park National was last at USD 175.63 on the NYSE on October 13, 2026 at 4:00 p.m. ET. Its 52-week range was USD 149.06 to USD 215.00, while market capitalization stood at USD 3.2 billion on the same date.
Park National Corporation is a regional bank holding company serving commercial, consumer and trust customers across several US states. Its investor-relations profile lists USD 12.7 billion of total assets, USD 9.7 billion of loans and USD 10.7 billion of deposits.
Park National key facts
- Company: Park National Corporation
- ISIN: US7006581075
- Ticker: PRK
- Primary exchange: NYSE
- Market capitalization: USD 3.2 billion (as of October 13, 2026)
- 52-week range: USD 149.06-215.00 (as of October 13, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Next earnings date: October 26, 2026
Market context: Market report S&P 500.
