secwatch.observer — SEC 8-K summary
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Issuer:     ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION)
CIK:        0000109380
Form:       8-K
Filed at:   2021-10-18T23:59:59+00:00
Accession:  0000109380-21-000229
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zions Q3 net earnings $234M, diluted EPS $1.45; loan growth ex-PPP annualized 5.6%
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- Net earnings $234M ($1.45 diluted EPS) vs. $167M ($1.01) in Q3 2020, but down from $345M ($2.08) in Q2 2021.
- Net interest margin 2.68% vs. 3.06% a year ago; net interest income stable at $555M.
- Provision for credit losses negative $46M (release) vs. positive $55M; allowance 1.1% of loans (ex-PPP) vs. 1.9%.
- CET1 ratio 10.9%; common stock repurchases $325M (3.6% of shares outstanding).
- Loans/leases (ex-PPP) down 1% YoY but grew 5.6% annualized in Q3; deposits up 16% to $77.9B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109380/000010938021000229/0000109380-21-000229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109380/000010938021000229/zion-20211018.htm
  HTML page:      https://secwatch.observer/filing/0000109380-21-000229

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer