secwatch.observer — SEC 8-K summary
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Issuer:     PARK NATIONAL CORP /OH/ (PRK)
CIK:        0000805676
Form:       8-K
Filed at:   2024-07-22T23:59:59+00:00
Accession:  0000805676-24-000096
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Park National Q2 net income up 24.6% to $39.4M; ROA improves to 1.52%
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- Net income Q2 2024 $39.4M vs $31.6M Q2 2023 (+24.6%); six-month net income $74.6M (+14.2%).
- Pre-tax pre-provision net income Q2 $51.4M, up 26.4% YoY.
- Net interest income six months $193.5M (+5.3% YoY); loan yield up 72bp to 6.06%.
- Loans $7.66B at June 30 (+6.3% YoY); deposits $8.31B (-0.6% YoY).
- Efficiency ratio improved to 61.05% from 64.84%; return on avg assets 1.52% annualized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/805676/000080567624000096/0000805676-24-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/805676/000080567624000096/prk-20240722.htm
  HTML page:      https://secwatch.observer/filing/0000805676-24-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer