earnings
confidence high
sentiment positive
materiality 0.70
Park National Q1 2025 net income $42.2M, up 19.8% YoY; NII grows 9.2%
PARK NATIONAL CORP /OH/
2025-Q1 EPS reported
$2.60
revenue$157,946,000
- Net income $42.2M (Q1 2025), up 19.8% YoY; pre-tax pre-provision income $52.0M, up 16.5%.
- Net interest income $104.4M, up 9.2% YoY on loan growth and higher yields; loan yield 6.26% vs 5.99%.
- Provision for credit losses $756K vs $2.2M YoY; net charge-offs $592K, 0.03% annualized.
- Loans $7.88B (+4.8% YoY) led by commercial (+6.8%) and real estate (+7.8%); deposits $8.20B (-1.3% YoY).
- Efficiency ratio 59.79% vs 63.07% a year ago; annualized ROAA 1.70% vs 1.44%.