Park National Posts Q3 Profit of $56.9 Million, Beats Analyst Estimates

Park National Corp. (PRK) on Monday reported third-quarter profit of $56.9 million, or $3.13 per share, topping Wall Street expectations. Adjusted earnings, excluding non-recurring costs, came in at $3.37 per share, ahead of the $3.31 average estimate from three analysts surveyed by Zacks Investment Research. The Newark, Ohio-based financial services holding company posted revenue of $210.5 million for the period, with revenue net of interest expense at $177.4 million.