secwatch.observer — SEC 8-K summary
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Issuer:     ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION)
CIK:        0000109380
Form:       8-K
Filed at:   2024-07-22T23:59:59+00:00
Accession:  0000109380-24-000119
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zions Bancorp Q2 net earnings $190M, diluted EPS $1.28; NIM expands to 2.98%
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- Net earnings $190M ($1.28 diluted EPS) vs $166M ($1.11) in Q2 2023; revenue/net interest income $597M, up 1%.
- Net interest margin 2.98%, up from 2.92% a year ago; estimated CET1 ratio improved to 10.6% from 10.0%.
- Loans and leases $58.4B, up 3%; provision for credit losses only $5M (vs $46M); net charge-offs annualized 0.10%.
- Nonperforming assets rose to $265M (0.45% of loans) from $164M (0.29%); customer deposits $69.5B, up 5%.
- Completed FutureCore core processing system conversion; tangible book value per share up 20% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109380/000010938024000119/0000109380-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109380/000010938024000119/zion-20240722.htm
  HTML page:      https://secwatch.observer/filing/0000109380-24-000119

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