NEWARK, Ohio (AP) 鈥� NEWARK, Ohio (AP) 鈥� Park National Corp. (PRK) on Monday reported second-quarter profit of $58.8 million.
The bank, based in Newark, Ohio, said it had earnings of $3.23 per share. Earnings, adjusted for non-recurring costs, came to $3.40 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.01 per share.
The financial services holding company posted revenue of $211.9 million in the period. Its revenue net of interest expense was $178.4 million, also exceeding Street forecasts.
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