Park National Q4 net income rises as loan and deposits increase

Reuters

Jan 27

Park National Q4 net income rises as loan and deposits increase

Overview

Ohio-based bank's Q4 net income rose 10.4% yr/yr
Net income per diluted share increased to $2.63 from $2.37 yr/yr
Company anticipates closing First Citizens Bancshares acquisition on Feb 1, 2026

Outlook

Company anticipates opportunities from First Citizens Bancshares acquisition closing on February 1, 2026
Park National did not provide specific financial guidance for future quarters

Result Drivers

LOAN AND DEPOSIT GROWTH - Park National attributed Q4 net income growth to solid loan and deposit increases, reflecting strong customer relationships

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 EPS		$2.63
Q4 Net Income		$42.64 mln
Q4 Net Interest Income		$112.93 mln
Q4 Net Interest Margin		4.88%

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Park National Corp is $180.00, about 12.5% above its January 23 closing price of $159.98
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX1fQ6Kd

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Park National Q4 net income rises as loan and deposits increase</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260126:nL1N3YR139:1","article_id":"2606731226","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2606731226","pubTimestamp":1769462645,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Park National Q4 net income rises as loan and deposits increaseOverviewOhio-based bank's Q4 net income rose 10.4% yr/yrNet income per diluted share increased to $2.63 from $2.37 yr/yrCompany anticipat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","FIZN":"First Citizens Bancshares, Inc.","PRK":"Park National Corp"},"translate_title":"随着贷款和存款增加，Park National第四季度净利润增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FIZN":0.9,"PRK":0.9},"content_text":"Park National Q4 net income rises as loan and deposits increaseOverviewOhio-based bank's Q4 net income rose 10.4% yr/yrNet income per diluted share increased to $2.63 from $2.37 yr/yrCompany anticipates closing First Citizens Bancshares acquisition on Feb 1, 2026OutlookCompany anticipates opportunities from First Citizens Bancshares acquisition closing on February 1, 2026Park National did not provide specific financial guidance for future quartersResult DriversLOAN AND DEPOSIT GROWTH - Park National attributed Q4 net income growth to solid loan and deposit increases, reflecting strong customer relationshipsKey DetailsMetricBeat/MissActualConsensus EstimateQ4 EPS$2.63Q4 Net Income$42.64 mlnQ4 Net Interest Income$112.93 mlnQ4 Net Interest Margin4.88%Analyst CoverageThe current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is no \"strong buy\" or \"buy\", 4 \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the banks peer group is \"buy.\"Wall Street's median 12-month price target for Park National Corp is $180.00, about 12.5% above its January 23 closing price of $159.98The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months agoPress Release: ID:nGNX1fQ6KdFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}