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Stock impact report

Park National Corporation reports 2024 results

Park National Corporation (PRK) 
NASDAQ:AMEX Investor Relations: parknationalbank.com/ctas/investor-relations
Company Research Source: GlobeNewswire
NEWARK, Ohio, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the fourth quarter and full year of 2024. Park's board of directors declared a quarterly cash dividend of $1.07 per common share, payable on March 10, 2025, to common shareholders of record as of February 14, 2025. “Our consistent and measured growth stems from our team’s absolute focus on meeting customer needs to produce meaningful results,” said Park Chairman and Chief Executive Officer David Trautman. “Helping customers flourish remains our primary goal.” Park’s net income for the fourth quarter of 2024 was $38.6 million, a 57.7 percent increase from $24.5 million for the fourth quarter of 2023. Fourth quarter 2024 net income per diluted common share was $2.37, compared to $1.51 for the fourth quarter of 2023. Park's net income for the full year of 2024 was $151.4 million, a 19.5 percent increase from $126.7 million for the full year of 202 Show less Read more
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