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Sep 30, 2024
Park National Q3 2024 Earnings Report
Reported financial results, showing an increase in net income and earnings per share compared to the same quarter last year.
Key Takeaways
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
Park National
Forward Guidance
Park National Corporation did not provide specific forward guidance in the earnings report. The report focused on historical performance and current financial standing.