Zions Bancorp Q2 EPS $1.11, down 14% YoY; NIM 2.92%, CET1 10.0%

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/

2023-Q2 EPS reported $2.44 revenue$313,000,000

Net earnings $166M vs $195M in Q2 2022; diluted EPS $1.11.
Net interest margin 2.92% vs 2.87% prior quarter; net interest income stable at $591M.
Customer deposits rose 3% QoQ to $65.9B; total deposits down 6% YoY to $74.3B.
Adjusted PPNR $296M, down 1% YoY; noninterest expense up 9%, partly due to severance and FDIC costs.
Provision for credit losses $46M; net charge-offs annualized 0.09% of loans.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ reported the quarter ended June 30, 2023 results: net income $166 million, EPS $1.11.

Period: the quarter ended June 30, 2023
Net income: $166 million
EPS: $1.11
Result: reported results

Exact text from the filing

Zions Bancorporation, N.A. reports: 2Q23 Net Earnings of $166 million, diluted EPS of $1.11

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Source: SEC EDGAR

accession 0000109380-23-000151

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