Park National Corporation reports financial results for second quarter and first half of 2019
Park National Corporation (PRK)
NASDAQ:AMEX Investor Relations:
parknationalbank.com/ctas/investor-relations
Company Research
Source: GlobeNewswire
NEWARK, Ohio, July 22, 2019 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the second quarter and first half of 2019 (three and six months ended June 30, 2019). Park's board of directors declared a quarterly cash dividend of $1.01 per common share, payable on September 10, 2019 to common shareholders of record as of August 16, 2019. Park’s net income for the second quarter of 2019 was $22.2 million, a 21.5 percent decrease from $28.2 million for the second quarter of 2018. Second quarter 2019 net income per diluted common share was $1.33, compared to $1.83 in the second quarter of 2018. Park's net income for first half of 2019 was $47.6 million, a 19.8 percent decrease from $59.4 million for first half of 2018. Net income per diluted common share was $2.94 for the first half of 2019, compared to $3.85 for the first half of 2018. Park Chairman and CEO David Trautman said, “Comparing the first half of 2019 to the first
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