Zions Q1 net earnings $195M, EPS $1.27 vs $1.90 YoY; NIM 2.60%; loans ex-PPP up 7%

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/

2022-Q1 EPS reported $1.27 revenue$151,000,000

Net earnings $195M ($1.27 diluted EPS) vs $314M ($1.90) in Q1 2021 and $207M ($1.34) in Q4 2021.
Net interest margin 2.60%, down 26bp YoY due to significant deposit growth and asset composition change.
Loans and leases $51.2B, down 4% overall but ex-PPP up 7% to $50.2B; allowance for credit losses at 1.02% ex-PPP.
CET1 ratio 10.0% vs 11.2% prior year; repurchased 0.8M shares for $50M.
Nonperforming assets $250M (0.5% of loans ex-PPP) vs $327M (0.7%); provision negative $33M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.