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%.
Net income for Q3 2024 increased by 3.5% to $38.2 million compared to Q3 2023.
Earnings per diluted common share rose to $2.35 in Q3 2024, compared to $2.28 in Q3 2023.
Net interest margin improved to 4.45% for the three months ended September 30, 2024, compared to 4.12% for the same period in 2023.
Total assets reached $9.9 billion as of September 30, 2024.
Park National Corporation did not provide specific forward guidance in the earnings report. The report focused on historical performance and current financial standing.
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