NEWARK — Park National Corporation (PRK) has announced the first quarter of 2024 ended with a net income of $35.2 million, an increase of 4.4% compared to the same period in 2023.
Park’s net income per diluted common share was $2.17 in the first quarter of 2024, compared to $2.07 in the same period of 2023, the bank stated.
The corporation’s total loans increased by 0.7% during the quarter and 6.1% for the 12 months ending on March 31, 2024.
“Park bankers meet customers when, where and how they wish. In doing so, we remain alert to service opportunities of all types,” said David Trautman, chairman and chief executive officer of Park National Bank.
Matthew Miller, president of Park National said, “We prioritize being readily available for customers and prospects, as highlighted by our loan growth over the most recent 12-month period.”
Park National Corporation is based in Newark, Ohio and has total assets of $9.9 billion as of March 31, 2024.
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