earnings
confidence high
sentiment neutral
materiality 0.75
Zions Q1 net income up 18% YoY to $169M, NIM expands 16bps
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/
2025-Q1 EPS reported
$1.13
revenue$158,000,000
- Net earnings $169M, diluted EPS $1.13 vs $143M/$0.96 in Q1 2024.
- Net interest margin 3.10% (+16bps YoY); net interest income $624M (+6%).
- Adjusted PPNR $267M, up 10% YoY; noninterest expense $538M, up 2%.
- Classified loans jumped to $2.9B (4.8% of loans) from $966M (1.7%) a year ago.
- Completed branch acquisition from FirstBank adding ~$630M deposits; $16M tax charge from state law change.