Park National Corp. (PRK) Tops Q3 EPS by 38c

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Park National Corporation Reports Financial Results for Third Quarter and First Nine Months of 2016

October 24, 2016 4:25 PM EDT

NEWARK, Ohio, Oct. 24, 2016 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE MKT: PRK) today announced increased net income and other financial results for the third quarter and first nine months of 2016 (three and nine months ended September 30, 2016). The board of directors also declared a quarterly cash dividend of $0.94 per common share, payable on December 9, 2016 to common shareholders of record as of November 18, 2016.

Parks third quarter net income in 2016 was $27.4 million, a 37.0 percent increase from $20.0 million for the same period in 2015. Net income per diluted common share for the third quarter of 2016... More