Park National delivered solid Q4 2025 results with rising net income, improved EPS, and consistent loan growth, while managing nonperforming loans effectively.
Park National Corporation announced strong financial results for the first quarter of 2025, with net income rising by 19.8% to $42.2 million and diluted EPS increasing by 19.8% to $2.60. The company's total loans grew by 0.9% and deposits increased by 0.7% during the quarter, contributing to its overall success.
Park National Corporation reported a strong fourth quarter in 2024, with a 57.7% increase in net income to $38.6 million, and earnings per diluted share rising to $2.37. The company's total assets reached $9.8 billion. The results reflect the company's focus on customer relationships and strategic initiatives.
Park National Corporation reported a net income of $38.2 million for the third quarter of 2024, a 3.5% increase compared to the third quarter of 2023. The company's net interest margin also improved to 4.45%.
Park National Corporation reported a strong second quarter in 2024, with net income increasing by 24.6% compared to the same period last year. The company's performance was driven by growth in net interest income and a focus on expense control and technology leverage. Total loans and deposits also saw increases, contributing to a net interest margin of 4.39%.
Park National Corporation reported a net income of $35.2 million for the first quarter of 2024, a 4.4% increase compared to the same period last year. The company's total loans increased by 0.7% during the quarter and 6.1% over the last 12 months. The board of directors declared a quarterly cash dividend of $1.06 per common share.
Park National Corporation reported a decrease in net income for Q4 2023, with $24.5 million compared to $33.1 million in Q4 2022. However, adjusted non-GAAP net income saw a slight increase. Total loans increased by 4.7% during 2023.