Zions' (ZION) Q2 Earnings Beat Estimates, Stock Up 3.1%
ZIONZions Bancorporation(ZION) ZACKS·2024-07-23 21:16

Shares of Zions Bancorporation (ZION) gained 3.1% in the after-market session in response to better-than-expected second-quarter 2024 results. Adjusted net earnings per share (EPS) of 1.21surpassedtheZacksConsensusEstimateof1.21 surpassed the Zacks Consensus Estimate of 1.10. Moreover, the bottom line increased 9% from the year-ago quarter.Results were primarily aided by lower provisions and higher net interest income (NII). Also, higher loans and deposits were other positives. However, a decline in non-interest income and a rise in adjusted no ...