Business
Park National Corporation reports financial results for third quarter and first nine months of 2025
NEWARK, Ohio, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the third quarter and first nine months of 2025. Park's board of directors declared a quarterly cash dividend of $1.07 per common share and a special one-time dividend of $1.25 per common share, both payable on December 10, 2025, to common shareholders of record as of November 21, 2025. “Our performance is sustained by the strength of our team and the faith o
About this update from Park National Corporation
[{"type":"image","alt":"Park National Bank","displaySize":"","headline":null,"caption":"Park National Bank","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":296,"url":"https://media.zenfs.com/en/globenewswire.com/d554fae7468381aa455d5bf55990d95a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/HcuyG5.2mUJRtKHKbgOV1w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQxNDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/d554fae7468381aa455d5bf55990d95a","width":300,"height":296}},"lazy":false},{"type":"text","content":"NEWARK, Ohio, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the third quarter and first nine months of 2025. Park's board of directors declared a quarterly cash dividend of $1.07 per common share and a special one-time dividend of $1.25 per common share, both payable on December 10, 2025, to common shareholders of record as of November 21, 2025.","length":430,"tagName":"p"},{"type":"text","content":"“Our performance is sustained by the strength of our team and the faith our customers place in us to be there for them when, where and how they think best,” said Park CEO and Chairman David L. Trautman. “As we enter the final quarter of 2025, we remain focused on deepening relationships with our customers and communities and on delivering consistent, long-term results for our stakeholders.”","length":393,"tagName":"p"},{"type":"text","content":"Park’s net income for the third quarter of 2025 was $47.2 million, a 23.4 percent increase from $38.2 million for the third quarter of 2024. Third quarter of 2025 net income per diluted common share was $2.92, compared to $2.35 for the third quarter of 2024. Park's net income for the first nine months of 2025 was $137.4 million, a 21.8 percent increase from $112.8 million for the first nine months of 2024. Net income per diluted common share for the first nine months of 2025 was $8.48, compared to $6.95 for the first nine months of 2024.","length":547,"tagName":"p"},{"type":"text","content":"Park's total loans increased 2.2 percent (3.0 percent annualized) during the first nine months of 2025 and increased 3.4 percent for the 12-month period ended September 30, 2025.","length":182,"tagName":"p"},{"type":"text","content":"“Our third quarter results reflect the continued momentum we’ve bu...