Recent Updates — ZION

Zions Bancorporation reported third-quarter 2026 net earnings of $262 million and diluted EPS of $1.78, up from $221 million and $1.48 in the prior-year period. Net interest income rose 2% to $684 million as lower funding costs offset a decline in investment securities yields. The provision for credit losses was an $8 million benefit compared to a $49 million expense last year, driven by improved credit quality with net charge-offs of just $3 million. Customer deposits grew 5% to $74.5 billion, while total loans increased 4% to $62.5 billion. The estimated CET1 capital ratio stood at 11.8%. Zions Bancorporation is a financial services company operating principally through seven bank divisions in 11 Western states.

Zions Bancorporation announced that Brian Stringham will succeed Jason Arbuckle as Senior Vice President and Corporate Controller of the Bank, effective September 7, 2026. Mr. Stringham, who joined the bank in 2003, previously served as Assistant Corporate Controller and Director of External Financial Reporting since 2020. Mr. Arbuckle will transition to the role of Senior Director of Corporate Finance and Transformation. Zions Bancorporation operates in the banking industry.

Zions Bancorporation reported second quarter 2026 net earnings of $452 million and diluted EPS of $3.05, compared to $243 million and $1.63 in 2Q25. Results were significantly boosted by $252 million in pre-tax net gains, including a $215 million gain from the sale of Visa Class B-1 shares and $37 million in net unrealized gains from SBIC investments. Net interest income rose 4% year-over-year to $677 million, with a net interest margin of 3.27%. The company's estimated CET1 capital ratio improved to 11.8% from 11.0%, and tangible book value per common share increased 22% to $44.74. Total loans and leases grew 3% to $62.5 billion, while total deposits increased 4% to $76.6 billion. The company operates in the financial services industry as a regional bank providing commercial, retail, and investment banking services.