Park National Corporation reports financial results for third quarter and first nine months of 2025
Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the third quarter and first nine months of 2025. Park’s board of directors declared a quarterly cash dividend of $1.07 per common share and a special one-time dividend of $1.25 per common share, both payable on December 10, 2025, to common shareholders of record as of November 21, 2025.
“Our performance is sustained by the strength of our team and the faith our customers place in us to be there for them when, where and how they think best,” said Park CEO and Chairman David L. Trautman. “As we enter the final quarter of 2025, we remain focused on deepening relationships with our customers and communities and on delivering consistent, long-term results for our stakeholders.”
Park’s net income for the third quarter of 2025 was $47.2 million, a 23.4 percent increase from $38.2 million for the third quarter of 2024. Third quarter of 2025 net income per diluted common share was $2.92, compared to $2.35 for the third quarter of 2024. Park’s net income for the first nine months of 2025 was $137.4 million, a 21.8 percent increase from $112.8 million for the first nine months of 2024. Net income per diluted common share for the first nine months of 2025 was $8.48, compared to $6.95 for the first nine months of 2024.
Park’s total loans increased 2.2 percent (3.0 percent annualized) during the first nine months of 2025 and increased 3.4 percent for the 12-month period ended September 30, 2025.
“Our third quarter results reflect the continued momentum we’ve built across the organization,” said Park President Matthew R. Miller. “With a disciplined approach to expense management, a focus on relationship-driven banking and an unwavering commitment to execution, we deliver measurable value for our customers, communities and shareholders. The dedication of our bankers combined with their passion for service and excellence is the foundation of our success.”
Park’s reported period end deposits increased 2.3 percent (3.1 percent annualized) during the first nine months of 2025, with an increase of 2.7 percent (3.6 percent annualized), including deposits that Park moved off balance sheet as of September 30, 2025. Park’s reported period end deposits increased 1.4 percent for the 12-month period ended September 30, 2025, with an increase of 3.2 percent, including deposits that Park moved off balance sheet as of September 30, 2025. The combination of solid loan growth and steady deposits continue to contribute to Park’s success in the first nine months of 2025.
Complete financial tables can be viewed here.