Park National Corp. (PRK) Misses Q3 EPS by 12c

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Park National Corporation Reports Third Quarter 2015 Financial Results and Declares Quarterly Dividend

October 26, 2015 4:15 PM EDT

NEWARK, Ohio, Oct. 26, 2015 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE MKT: PRK) today announced financial results for the third quarter and first nine months of 2015, including increased net income and continued loan growth in the commercial, consumer, and mortgage categories. The board of directors also declared a quarterly cash dividend of $0.94 per common share, payable on December 10, 2015 to common shareholders of record as of November 20, 2015.

Parks net income for the three months ended September 30, 2015 (third quarter) was $20.0 million, compared to $18.3 million for the same period in 2014, an increase of $1.7 million or 9.7... More