Zions Bancorporation(ZION)
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Zions (ZION) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-22 07:31
For the quarter ended September 2024, Zions (ZION) reported revenue of $804 million, up 3.6% over the same period last year. EPS came in at $1.37, compared to $1.13 in the year-ago quarter.The reported revenue represents a surprise of +2.86% over the Zacks Consensus Estimate of $781.63 million. With the consensus EPS estimate being $1.16, the EPS surprise was +18.10%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...
Zions (ZION) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-22 06:21
Zions (ZION) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.10%. A quarter ago, it was expected that this financial holding company would post earnings of $1.10 per share when it actually produced earnings of $1.21, delivering a surprise of 10%.Over the last four quarters, the com ...
Zions Bancorporation, National Association Reports Third Quarter Financial Results
Prnewswire· 2024-10-22 04:10
SALT LAKE CITY, Oct. 21, 2024 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) ("Zions" or "the Bank") today reported net earnings applicable to common shareholders for the third quarter of 2024 of $204 million, or $1.37 per diluted common share, compared with net earnings applicable to common shareholders of $168 million, or $1.13 per diluted common share, for the third quarter of 2023, and net earnings applicable to common shareholders of $190 million, or $1.28 per diluted common share, for the s ...
Zions Bancorporation(ZION) - 2024 Q3 - Quarterly Results
2024-10-22 04:05
财务业绩 - 净利润为2.04亿美元,每股摊薄收益为1.37美元,较上年同期增长21%[1] - 净息差为3.03%,较上年同期上升10个基点[1] - 调整后的非利息收入为1.61亿美元,较上年同期增长3%[1] - 调整后的非利息支出为4.99亿美元,较上年同期增长1%[1] - 贷款和租赁总额为589亿美元,较上年同期增长3%[1] - 不良资产占贷款和租赁总额的0.62%,较上年同期上升24个基点[1] - 分类贷款占贷款和租赁总额的3.55%,较上年同期上升220个基点[1] - 估计普通股权一级资本比率为10.7%,较上年同期上升50个基点[1] - 总非利息支出同比增加6百万美元,或1%[11] - 投资证券总额同比减少13.55亿美元,或7%[13] - 贷款和租赁总额同比增加19.91亿美元,或3%[14] - 信贷损失准备金计提13百万美元,同比减少28百万美元,或68%[15] - 不良资产总额同比增加1.49亿美元,或68%[15] - 不良贷款占比同比增加220个基点至3.55%[15] - 贷款损失准备金占贷款比率为1.25%,同比下降5个基点[15] - 净贷款和租赁核销率为0.02%,同比下降8个基点[15] - 不良资产占贷款及其他房地产比率为0.62%,同比上升24个基点[15] - 存款总额较上年同期增加3.19亿美元,其中计息存款增加20.79亿美元,部分被非计息活期存款减少17.6亿美元所抵消[17] - 借款总额较上年同期减少14.19亿美元,主要是由于回购协议减少[18] - 普通股股东权益较上年同期增加10.7亿美元,主要由于留存收益增加4.07亿美元和其他综合收益损失减少6.72亿美元[19] - 普通股权一级资本充足率为10.7%,较上年同期上升0.5个百分点[21] - 每股有形净资产增加至33.12美元,较上年同期增加7.37美元[21] - 公司于2024年第三季度派发每股0.41美元的普通股股利,与上年同期持平[19] - 公司2024年9月30日的总资产为870.32亿美元[30] - 公司2024年9月30日的总负债为806.47亿美元[30] - 公司2024年9月30日的总股东权益为63.85亿美元[30] - 公司2024年9月30日的贷款和租赁净额为581.9亿美元[30] - 公司2024年9月30日的存款总额为757.18亿美元[30] - 公司2024年9月30日的优先股为4.4亿美元[31] - 公司2024年9月30日的普通股和额外实收资本为17.17亿美元[31] - 公司2024年9月30日的留存收益为65.64亿美元[31] - 公司2024年9月30日的其他综合收益(损失)为-23.36亿美元[31] - 公司2024年9月30日的发行在外普通股数为147,699千股[31] - 2024年9月30日季度利息收入为11.04亿美元,较上年同期增长6.4%[33] - 2024年9月30日季度净利息收入为6.20亿美元,较上年同期增长6.0%[33] - 2024年9月30日季度信贷损失准备计提1300万美元,较上年同期减少68.3%[33] - 2024年9月30日季度非利息收入为1.72亿美元,较上年同期下降4.4%[33] - 2024年9月30日季度非利息支出为5.02亿美元,较上年同期上升1.2%[33] - 2024年9月30日季度税前利润为2.77亿美元,较上年同期增长21.5%[33] - 2024年9月30日季度净利润为2.14亿美元,较上年同期增长22.3%[33] - 2024年9月30日商业贷款余额为308.85亿美元,较上年同期增长1.9%[35] - 2024年9月30日商业房地产贷款余额为134.83亿美元,较上年同期增长2.6%[35] - 2024年9月30日消费贷款余额为146.16亿美元,较上年同期增长7.9%[35] - 公司非履约资产总额为3.68亿美元,占贷款和租赁以及其他房地产的0.62%[36] - 公司不良贷款和逾期90天以上的应计贷款总额为3.7亿美元,占贷款和租赁以及其他房地产的0.64%[36] - 公司分类贷款总额为20.93亿美元,占贷款和租赁总额的3.55%[36] - 公司贷款损失准备金余额为6.94亿美元,占贷款和租赁的1.18%[38] - 公司不良贷款中商业和工业贷款为1.73亿美元[40] - 公司本季度净贷款核销额为1500万美元[41] - 公司商业房地产贷款中建筑和土地开发贷款不良贷款为200万美元[41] - 公司商业房地产贷款中期限贷款不良贷款为6700万美元[41] - 公司信用卡和其他循环贷款不良贷款为100万美元[40] - 公司1-4家庭住宅贷款不良贷款为4700万美元[40] - 公司总资产为891.7亿美元,较上年同期增加1.8%[43] - 贷款和租赁总额为586.65亿美元,较上年同期增加2.3%[43] - 存款总额为750.29亿美元,较上年同期增加2.6%[43] - 净利息收益率为3.03%,较上年同期上升5个基点[43] - 平均存款成本为2.14%,较上年同期上升22个基点[43] -
Is a Surprise Coming for Zion Bancorporation (ZION) This Earnings Season?
ZACKS· 2024-10-17 23:10
Investors are always looking for stocks that are poised to beat at earnings season and Zion Bancorporation (ZION) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Zion Bancorporation is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a ...
Curious about Zions (ZION) Q3 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-10-16 22:21
Wall Street analysts expect Zions (ZION) to post quarterly earnings of $1.16 per share in its upcoming report, which indicates a year-over-year increase of 2.7%. Revenues are expected to be $781.63 million, up 0.7% from the year-ago quarter. The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Ahead of a company' ...
Zions (ZION) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-10-14 23:05
The market expects Zions (ZION) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...
ZIONS BANCORPORATION TO PRESENT AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE
Prnewswire· 2024-10-09 05:44
SALT LAKE CITY, Oct. 8, 2024 /PRNewswire/ -- Ryan Richards, Chief Financial Officer of Zions Bancorporation (NASDAQ: ZION), will present at the BancAnalysts Association of Boston's Annual Bank Conference at the Langham Hotel in Boston Thursday, November 7 at 3:05 pm ET. A live webcast of the session may be accessed on the Zions Bancorporation website, zionsbancorporation.com. The webcast will also be archived and available on the website for 30 days. Zions Bancorporation, N.A. is one of the nation's premier ...
Zions' Arm to Acquire Four FirstBank Branches, Boost Presence
ZACKS· 2024-09-24 22:46
Zions Bancorporation's (ZION) arm, California Bank & Trust (CB&T), has agreed to acquire four branches from California-based FirstBank. Details of Acquisition Pursued by ZION Per the agreement, CB&T will take over roughly $730 million in deposits and $420 million in loans. The deal is anticipated to be completed in the first quarter of 2025, subject to customary approvals. Further, CB&T will offer employment opportunities to California-based FirstBank employees in its existing team of more than 900 associat ...
CALIFORNIA BANK & TRUST TO ACQUIRE FIRSTBANK COACHELLA VALLEY, CA BRANCHES
Prnewswire· 2024-09-24 04:18
Acquisition includes four FirstBank branches in Palm Desert and Indio with approximately $730 million in deposits and $420 million in loans SAN DIEGO, Sept. 23, 2024 /PRNewswire/ -- California Bank & Trust (CB&T), a division of Zions Bancorporation, N.A., announced today that it has entered into an agreement to acquire four branch locations in Palm Desert and Indio from FirstBank, headquartered in Lakewood, Colorado. Under the agreement, California Bank & Trust will acquire approximately $730 million in dep ...