Park National Corp. Reports Preliminary Earnings Outlook for the Fourth Quarter and Full Year Ended Dec. 31, 2011
January 31, 2012 at 05:26 pm EST
Park National Corp. reported preliminary earnings outlook for the fourth quarter and full year ended Dec. 31, 2011. For the quarter, the company expects net interest income of $66,279,000, income before income taxes of $21,948,000, net income available to common shareholders of $11,745,000 or $0.76 per basic and diluted share.
For the year, the company expects net interest income of $273,234,000, income before income taxes of $120,554,000, net income available to common shareholders of $78,883,000 or $5.12 per basic and diluted share as compared to net interest income of $274,044,000, income before income taxes of $74,737,000, net income available to common shareholders of $52,294,000 or $3.45 per basic and diluted share for the same period prior year.