secwatch.observer — SEC 8-K summary
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Issuer:     ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION)
CIK:        0000109380
Form:       8-K
Filed at:   2025-04-21T23:59:59+00:00
Accession:  0000109380-25-000060
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zions Q1 net income up 18% YoY to $169M, NIM expands 16bps
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109380/000010938025000060/0000109380-25-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109380/000010938025000060/zion-20250421.htm
  HTML page:      https://secwatch.observer/filing/0000109380-25-000060

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