secwatch.observer — SEC 8-K summary
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Issuer:     ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION)
CIK:        0000109380
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0000109380-23-000170
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zions Q3 net earnings $168M, EPS $1.13, down 20% YoY; NIM stabilizes
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- Net earnings of $168M ($1.13 diluted EPS) vs $211M ($1.40) in Q3'22, down 20%.
- Net interest margin 2.93%, up 1bp from Q2'23, down from 3.24% a year ago.
- Loans and leases $56.9B (+6% YoY); deposits $75.4B (-1% YoY); customer deposits +5% QoQ.
- Provision for credit losses $41M, down from $71M; net charge-offs annualized 0.10%.
- Estimated CET1 ratio 10.2%, up from 9.6% a year ago; PPNR $280M, down 22%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109380/000010938023000170/0000109380-23-000170-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109380/000010938023000170/zion-20231018.htm
  HTML page:      https://secwatch.observer/filing/0000109380-23-000170

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