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Mar 31, 2024
Park National Q1 2024 Earnings Report
Reported a net income increase of 4.4% compared to the first quarter of 2023, with total loans increasing by 0.7% during the quarter.
Key Takeaways
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.
Net income for Q1 2024 was $35.2 million, a 4.4% increase year-over-year.
Earnings per diluted common share were $2.17, compared to $2.07 in Q1 2023.
Total loans increased by 0.7% during the first quarter of 2024.
A quarterly cash dividend of $1.06 per common share was declared.