Zions Bancorporation N.a. · NASDAQ:ZION

Zions Bancorporation N.a — Zions Bancorporation — Goldman Sachs US Financial Services Conference 2023

10 slides from Zions Bancorporation N.a's conference presentation, Dec 5, 2023

  1. Slide 1: 2023 Fourth Quarter Investor Update

    2023 Fourth Quarter Investor Update November 2023

  2. Slide 2: Forward-Looking Statements; Use of Non-GAAP Financial Measures

    Forward-Looking Statements; Use of Non-GAAP Financial Measures Forward Looking Information This earnings presentation includes “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements, often accompanied by words such as “may,” “mi

  3. Slide 3: Zions Is A Collection of Community Banks

    Zions Is A Collection of Community Banks Key Differentiators: Local decision-making and top-notch service, commercial banking focus, superior credit performance  Affiliate CEOs “own” their local market opportunities Zions’ Markets1 Ending % of Ending % of and challenges Bank Headquarters Deposits T

  4. Slide 4: Average Loan and Deposit Balances

    Average Loan and Deposit Balances Average loans increased slightly in 3Q23 vs. 2Q23; average deposits increased 9% Average Total Loans Average Total Deposits Yield on Total Loans Cost of Total Deposits ($ billions) ($ billions) Average Noninterest-bearing Deposits $100.0 $100.0 Average Interest-bear

  5. Slide 5: Deposit Balance and Borrowing Trends

    Deposit Balance and Borrowing Trends Ending deposit balances grew $1 billion vs. 2Q23; customer deposit balances increased $3 billion 3Q23 total funding costs increased 22 basis points as customer deposits replaced wholesale funding  Brokered deposits were managed down by $2 billion during the quar

  6. Slide 6: Net Interest Income ("NII") and Net Interest Margin ("NIM")

    Net Interest Income (“NII”) and Net Interest Margin (“NIM”) Flat net interest margin as asset repricing offset funding cost pressure Net Interest Income ($ millions) Net Interest Margin Linked quarter (3Q23 vs. 2Q23): $720 5.00%  Net interest income declined 1% $663 $679  Interest earned on loans

  7. Slide 7: Noninterest Income and Revenue

    Noninterest Income and Revenue Total customer-related noninterest income decreased 3% vs. 2Q23 and was stable vs. the year-ago period; Adjusted Revenue decreased 3% vs. 2Q23 and decreased 8% from the year-ago period Customer-Related Noninterest Income (1) Total Revenue (2) ($ millions) ($ millions)

  8. Slide 8: Noninterest Expense

    Noninterest Expense Adjusted noninterest expense was flat vs. 2Q23 and was up 3% from the year-ago period Noninterest Expense (NIE) ($ millions) $512 $509 $508 Total noninterest expense decreased $12 million, compared to the $496 $494 $493 $479 $477 $472 $471 prior quarter, primarily due to the one-

  9. Slide 9: Credit Quality

    Credit Quality Net charge-offs remain low, with trailing 12 months net charge-offs at just 0.04% of average loans Key Credit Metrics Credit Quality Ratios  1.4%: Classified loans/loans Classified / Loans 2.5% NPAs + 90 / Loans + OREO  Classified balance remained flat in 3Q23 from 2Q23 ACL / Loans

  10. Slide 10: Commercial Real Estate Summary

    Commercial Real Estate Summary CRE is 23% of total loans: $13.1 billion total CRE; $10.5 billion term & $2.6 billion construction Portfolio Composition Term CRE As of September 30, 2023  Conservative weighted-average LTVs (< 60%) All Other CRE,  Maturity distribution: 17% per year on average over

Zions Bancorporation — Goldman Sachs US Financial Services Conference 2023 on 6ix