NEWARK, Ohio (AP) — NEWARK, Ohio (AP) — Park National Corp. (PRK) on Monday reported net income of $24.5 million in its fourth quarter.

The Newark, Ohio-based bank said it had earnings of $1.51 per share. Earnings, adjusted for non-recurring costs, were $2 per share.

The financial services holding company posted revenue of $140.7 million in the period. Its revenue net of interest expense was $110.6 million, falling short of Street forecasts.

For the year, the company reported profit of $126.7 million, or $7.80 per share. Revenue was reported as $465.7 million.

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