secwatch.observer — SEC 8-K summary
======================================

Issuer:     ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION)
CIK:        0000109380
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0000109380-23-000151
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109380/000010938023000151/0000109380-23-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109380/000010938023000151/zion-20230719.htm
  HTML page:      https://secwatch.observer/filing/0000109380-23-000151

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