Earnings Releases·Oct 26, 2026, 4:17 PM ET

Park National Corporation — Third Quarter 2026 Earnings Summary

Third quarter 2026 net income rose 20.7% to $56.9 million ($3.13 per diluted share), while net interest income surged 26.8% to $140.7 million; year-to-date net income increased 14.5% to $157.4 million.
Total loans and deposits grew 21.4% and 28.9% respectively during 2026, driven by $1.58 billion in loans and $2.22 billion in deposits acquired through the completed First Citizens Bancshares transaction.
Merger-related expenses totaled $7.0 million for the quarter and $26.5 million for the first nine months of 2026, contributing to an efficiency ratio increase to 60.25% and a return on average assets decline to 1.77%.
The board declared a quarterly cash dividend of $1.10 per share and a special cash dividend of $1.30 per share, payable December 10, 2026.