Park National Corp. (PRK) reported third-quarter net income of $18.3 million, compared to $19.0 million for the same period in 2013, a decrease of 3.7 percent. Net income per share was $1.19, compared to $1.23.
On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $1.29 for the quarter. Analysts' estimates typically exclude special items.
Net interest income increased to $56.71 million from $54.96 million. Other income was $19.40 million, compared to $17.40 million, last year. Analysts expected revenue of $74.60 million for the quarter.
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