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Stock impact report

Park National Corporation reports financial results for first quarter 2024

Park National Corporation (PRK) 
NASDAQ:AMEX Investor Relations: parknationalbank.com/ctas/investor-relations
Company Research Source: GlobeNewswire
NEWARK, Ohio, April 19, 2024 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the first quarter of 2024. Park's board of directors declared a quarterly cash dividend of $1.06 per common share, payable on June 10, 2024, to common shareholders of record as of May 17, 2024. "Park bankers meet customers when, where and how they wish. In doing so, we remain alert to service opportunities of all types," said Park Chairman and Chief Executive Officer David Trautman. "Our consistent and predictable approach helps build long-lasting relationships that customers tell us they value." Park’s net income for the first quarter of 2024 was $35.2 million, a 4.4 percent increase from $33.7 million for the first quarter of 2023. First quarter 2024 net income per diluted common share was $2.17, compared to $2.07 for the first quarter of 2023. Park’s total loans increased 0.7 percent (2.6 percent annualized) during the first quarter of 202 Show less Read more
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