Park NationalNYSE American: PRK

NEWARK, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- Park National Corporation's (NYSE American: PRK) (Park) board of directors announced today that they elected Karen Morrison and Kelly Gratz to serve as directors effective July 1, 2024. Both will also join the board of directors of The Park National Bank, Park's banking subsidiary, effective on the same date. These elections expand Park's board to 16 directors, including one director emeritus.

While the revenue and EPS figures for Park National (PRK) provide insight into its performance in the first quarter of 2024, it may be valuable to assess how certain key metrics stack up against analyst expectations and the results from the same period last year.

Park National (PRK) reported earnings of $2.15 per share for the quarter, exceeding the Zacks Consensus Estimate of $1.85 per share. This is an improvement from earnings of $2.01 per share in the same quarter last year.

In addition to examining Wall Street's forecasts for Park National's financial performance, it is also important to analyze projections for key metrics to better comprehend the company's performance in the first quarter of 2024.

Park National (PRK) came out with quarterly earnings of $2 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $1.94 per share a year ago.

Park National (PRK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

While the top- and bottom-line numbers for Park National (PRK) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

While the top- and bottom-line numbers for Park National (PRK) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.