earnings
confidence high
sentiment positive
materiality 0.80
Zions Bancorp Q1 2026 EPS $1.56 up 38% YoY; announces acquisition of Basis Multifamily agency lending business
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/
2026-Q1 EPS reported
$1.56
revenue$172,000,000
- Diluted EPS $1.56 vs $1.13 YoY; net earnings $232M up from $169M.
- Adjusted PPNR $301M, up 13% YoY; customer-related noninterest income $172M, up 9%.
- Net interest margin 3.27%, up from 3.10% YoY; loans and leases $61.3B, up 2%.
- Credit quality: net charge-offs annualized 0.03%, classified loans down 19% YoY to $2.3B.
- Reached agreement to acquire Basis Multifamily Finance agency lending business, adding Fannie Mae/Freddie Mac programs.