Park National Corporation announced its financial results for the second quarter of 2025, with net income reaching $48.1 million, a 22.2 percent increase from $39.4 million in the second quarter of 2024. Net income per diluted common share for the quarter was $2.97, compared to $2.42 for the same period last year.
For the first half of 2025, net income totaled $90.3 million, an increase of 21.1 percent from $74.6 million in the first half of 2024. Net income per diluted common share for the first half was $5.56, up from $4.60 in the prior year, reflecting sustained profitability.
The company reported a 1.9 percent increase in total loans during the first half of 2025, representing a 3.8 percent annualized growth rate. Period-end deposits increased by 1.2 percent, or 2.3 percent annualized, and by 2.8 percent, or 5.7 percent annualized, including off-balance sheet deposits. Park's board of directors declared a quarterly cash dividend of $1.07 per common share, payable on September 10, 2025.
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