Park National Corporation reported third-quarter 2026 net income of $56.9 million, up 20.7% from $47.2 million a year earlier; diluted earnings per common share were $3.13 versus $2.92. For the first nine months, net income was $157.4 million, up 14.5% from $137.4 million, and net interest income was $405.4 million, up 25.0% from $324.4 million.
The third quarter included $7.0 million ($5.5 million after tax) in expenses related to First Citizens; the first nine months included $26.5 million ($21.0 million after tax) in merger-related expenses and other income-reducing charges. Park completed its acquisition of First Citizens Bancshares on February 1, 2026, issuing 1,988,131 common shares as consideration in a transaction valued at $324.1 million.
The board declared a $1.10 quarterly dividend and a $1.30 special dividend per common share, both payable December 10, 2026, to holders of record November 20, 2026. Total loans increased $1.72 billion during 2026, including $1.58 billion acquired in the First Citizens transaction; deposits rose $2.38 billion, including $2.22 billion acquired.
Park National Corp (PRK), as the institutional investment manager, submitted a Form 13F holdings report listing 517 information-table entries with a total reported value of $3,686,260,297, rounded to the nearest dollar. The report is marked as covering all holdings of the reporting manager and lists 0 other included managers.
Park National Corporation furnished an investor presentation for use with analysts and investors on or after August 7, 2026. The presentation is provided as Exhibit 99.1 and is also available in the SEC Filings section of the company’s website.
The text of the presentation slide titled “Safe Harbor Statement” is specifically incorporated into the Regulation FD disclosure, emphasizing forward-looking statement cautions. The furnished materials, including the investor presentation and the cover page Inline XBRL data, are not incorporated by reference into any Securities Act registration statement.
Park National Corporation reported net income of $58.8 million for the quarter ended June 30 2026, up from $48.1 million a year earlier, with basic earnings per share of $3.25 versus $2.98. For the first six months of 2026, net income was $100.4 million (basic EPS $5.66) compared with $90.3 million (basic EPS $5.59) in 2025.
Total assets reached $12.68 billion at June 30 2026, and total deposits were $10.67 billion, reflecting the February 1 2026 acquisition of First Citizens, valued at $324.1 million and adding $2.61 billion of assets and $2.22 billion of deposits. The transaction generated $104.3 million of goodwill and $38.0 million of core deposit and customer relationship intangibles. Nonperforming loans were $83.8 million against an allowance for credit losses of $110.7 million, while available-for-sale debt securities of $1.31 billion included securities in an unrealized loss position of $49.4 million that management describes as largely driven by changes in the yield curve.
Park National Corporation reported higher earnings for the three and six months ended June 30, 2026, supported by the February 1, 2026 acquisition of First Citizens Bancshares, Inc. Second-quarter 2026 net income was $58.8 million, up 22.1% from $48.1 million, and first-half 2026 net income was $100.4 million, up 11.3% from $90.3 million, while diluted EPS was $3.23 for the quarter and $5.64 year-to-date. First-half results included $19.6 million of merger-related expenses.
The First Citizens acquisition, valued at $324.1 million, added $2.6 billion in assets, $1.6 billion in loans and $2.2 billion in deposits, with Park issuing 1,988,131 common shares as consideration. At June 30, 2026, loans were $9.73 billion and deposits were $10.67 billion, increases of 20.9% and 29.4% from December 31, 2025, including $1.58 billion of loans and $2.22 billion of deposits acquired. Total assets reached $12.68 billion.
Credit costs rose: the provision for credit losses for the first half was $7.2 million versus $3.6 million a year earlier, and net charge-offs were $5.1 million, or 0.11% of average loans. The allowance for credit losses was $110.7 million, or 1.14% of total loans, including $15.6 million recognized on day one of the acquisition. The efficiency ratio for the first half was 60.65%, and return on average assets was 1.64%. Uninsured deposits totaled about $2.3 billion, or 21.5% of total deposits. The board declared a quarterly cash dividend of $1.10 per common share, payable September 10, 2026 to shareholders of record on August 21, 2026.
Park National Corp /OH/ reported its quarterly equity portfolio as an institutional investment manager on Form 13F. The report is a 13F Holdings Report covering 575 individual positions, with a Form 13F Information Table value total of 3,571,038,826 dollars. There are 0 other included managers. The report is signed by J. Bradley Zellar, Chief Wealth Investment Officer, in Newark, Ohio, dated July 15, 2026.
Park National Corporation is sharing an investor presentation that highlights its growth and capital strength following the February 1, 2026 acquisition of First Citizens Bancshares, Inc. As of March 31, 2026, Park reports $13.0 billion in assets, $9.67 billion in loans, and $11.0 billion in deposits.
Adjusted net income for Q1 2026 was $53.5 million, with an adjusted return on average assets of 1.83% and adjusted return on average tangible common equity of 16.21%. The bank emphasizes a high-quality funding base, with 28% of deposits non-interest bearing and non-interest income contributing just over 21% of operating revenue.
Capital ratios remain robust, including a 13.5% Common Equity Tier 1 ratio and a total risk-based capital ratio of 14.71%. Asset quality and credit protection are supported by an allowance for credit losses equal to 1.12% of total loans and net charge-offs of 0.12% of total loans for Q1 2026.
Park National Corporation reported first-quarter 2026 results that reflect both organic growth and the impact of its acquisition of First Citizens Bancshares, Inc. Total assets rose to $12.98 billion at March 31, 2026, up from $9.81 billion at year-end 2025, driven largely by acquired loans and deposits.
For the quarter, Park generated net income of $41.7 million, slightly below $42.2 million a year earlier, with diluted EPS of $2.39 versus $2.60. Net interest income increased to $125.8 million from $104.4 million, and other income rose to $33.7 million. Operating costs also climbed, including $15.5 million of merger-related expenses. Park issued 1,988,131 common shares as consideration in the First Citizens transaction, valued at about $324.1 million, and recorded $103.8 million of goodwill and new core deposit and customer relationship intangibles.
Vanguard Portfolio Management reported beneficial ownership of 975,031 shares of Park National Corp common stock, equal to 5.39% of the class as of 03/31/2026. Vanguard has sole dispositive power over 975,031 shares and sole voting power over 5,703 shares. The filing is a Schedule 13G disclosure signed by Ashley Grim on 04/29/2026.
Park National Corporation approved new 2026 long-term incentive plans for employees and non-employee directors at its 2026 Annual Meeting of Shareholders held on April 27, 2026. These plans replace the 2017 incentive plans while preserving previously granted awards under their existing terms.
The employee plan authorizes up to 1,500,000 common shares for equity and cash-based awards, with annual and per-employee limits. The director plan authorizes 150,000 common shares with tighter annual and per-director caps. Shareholders also re-elected four directors, approved executive pay on an advisory basis, and ratified Crowe LLP as independent auditor.