Park National Corp - Company Profile
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Park National Corp (Park) is a financial holding company. Adequate capital, improved cost efficiency, net interest margin and non-interest income are its key strengths, even as deterioration in cash position could be a cause for concern. However, growth for wealth management prospects, and market for payment channels in the US, strategic initiatives, and emergence of fintech may provide ample growth opportunities to Park. Crowded robo advisor field, risks related to online identity theft and hacking and emergence of neobanks may affect its growth.
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