Park National Q4 net income $38.6M (+57.7% YoY); FY2024 net income $151.4M (+19.5%)

PARK NATIONAL CORP /OH/

2024-FY EPS reported $9.32 revenue$645,553,000

Q4 net income $38.6M vs $24.5M YoY; FY2024 net income $151.4M vs $126.7M.
Pre-tax, pre-provision income Q4 $51.3M (+62.5% YoY); FY $199.3M (+27.3%).
Loans grew 4.56% to $7.82B; efficiency ratio improved to 61.44% from 65.87%.
Director Mark Ramser to retire, will not stand for re-election at April 2025 meeting.
CEO Trautman 2025 base salary $775k + $725k incentive; PBRSU target $675k.

item 2.02 item 7.01 item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Mark R. Ramser

Director

PRK · PARK NATIONAL CORP /OH/

Effective: 2025-04-28
Filed: January 27, 2025, 6:59 PM ET

On January 27, 2025, Mark R. Ramser, who currently serves in the class of directors of Park whose terms will expire at the 2025 Annual Meeting of Shareholders of Park (the "2025 Annual Meeting"), notified Park that he has decided to retire and not stand for re-election to the Board of Directors of Park.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark R. Ramser retired as Director at PARK NATIONAL CORP /OH/.

Action: retired
Role: Director

Exact text from the filing

On January 27, 2025, Mark R. Ramser, who currently serves in the class of directors of Park whose terms will expire at the 2025 Annual Meeting of Shareholders of Park (the "2025 Annual Meeting"), notified Park that he has decided to retire and not stand for re-election to the Board of Directors of Park.

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PARK NATIONAL CORP /OH/ filing history →

Source: SEC EDGAR

accession 0000805676-25-000004

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