Park National reports Q2 net income up 22% to $58.8M, integrating $2.6B First Citizens deal

Filed July 27, 2026 · Period ending July 27, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income rose 22.1% YoY to $58.8M ($3.23/share) despite $4.1M in merger costs; first-half net income up 11.3% to $100.4M with $19.6M in merger expenses.

  Item 7.01 verify on EDGAR →
• high

  First Citizens acquisition closed Feb 1, adding $2.6B in assets, $1.6B in loans, and $2.2B in deposits; systems conversion to single platform expected Q3 2026.

  Item 7.01 verify on EDGAR →
• high

  Net interest income grew 24.0% in first half to $264.6M on $1.51B average loan growth and 7bp yield expansion to 6.39%; Tennessee region contributed $42.1M.

  Item 7.01 verify on EDGAR →