Park National Corporation reports financial results for third quarter and first nine months of 2026
Park National reported Q3 2026 net income of $56.9 million, up 20.7% year-over-year, with diluted EPS of $3.13 versus $2.92 a year ago, despite $7.0 million in pre-tax merger expenses tied to the First Citizens acquisition. The board declared a $1.10 quarterly dividend plus a $1.30 special dividend payable December 10, 2026, to holders of record November 20. The First Citizens deal transformed the balance sheet: loans grew 21.4% ($1.72B) and deposits 28.9% ($2.38B) year-to-date, with total assets now $12.6 billion.
Key figures
- Eps
- 3.13
- Total assets
- 12646245000
- Q3 net income
- 56932000
- Net income yoy
- 20.7%
- Loan growth ytd
- $1.72 billion (21.4%)
- Special dividend
- 1.3
- Deposit growth ytd
- $2.38 billion (28.9%)
- Quarterly dividend
- 1.1
- Net interest margin
- 4.84%
- Nine month net income
- 157371000
- Net interest income q3
- 140743000
- Q3 diluted eps adjusted
- 3.37
- Nine month net income yoy
- 14.5%
AI analysis
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