secwatch.observer — SEC 8-K summary
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Issuer:     ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION)
CIK:        0000109380
Form:       8-K
Filed at:   2024-01-22T23:59:59+00:00
Accession:  0000109380-24-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zions Bancorp Q4 net earnings $116M, EPS $0.78 down 58% YoY; NIM stable at 2.91%
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- Diluted EPS of $0.78 vs $1.84 in 4Q22 and $1.13 in 3Q23; net earnings $116M.
- Net interest margin 2.91% vs 3.53% YoY, flat vs 3Q23; net interest income down 19% to $583M.
- Noninterest expense up 23% to $581M, including $90M FDIC special assessment accrual.
- Loans and leases $57.8B (+4% YoY); deposits $75.0B (+5%); estimated CET1 ratio 10.3% vs 9.8%.
- Annualized net charge-offs 0.06%; nonperforming assets rose to $228M (0.39% of loans).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109380/000010938024000009/0000109380-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109380/000010938024000009/zion-20240122.htm
  HTML page:      https://secwatch.observer/filing/0000109380-24-000009

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