Zions Bancorporation National Association : 2026 Q2 Earnings Press Release

About this update from Zions Bancorporation N.a.

Zions Bancorporation, N.A. One South Main Salt Lake City, UT 84133 July 20, 2026 https://www.zionsbancorporation.com Second Quarter 2026 Financial Results: FOR IMMEDIATE RELEASE Investor Contact: Dave Riches (801) 844-7752 Media Contact: Jennifer Johnston (801) 844-7112 Zions Bancorporation, N.A. reports 2Q26 Net Earnings of $452 million, diluted EPS of $3.05 (or $1.74 excluding notable items) compared with 2Q25 Net Earnings of $243 million, diluted EPS of $1.63 (or $1.58 excluding notable items), and 1Q26 Net Earnings of $232 million, diluted EPS of $1.56 SECOND QUARTER RESULTS $3.05 $452 million 28.6% 11.8% Net earnings per diluted common share Net earnings Return on average tangible common equity2 Estimated common equity tier 1 ratio SECOND QUARTER HIGHLIGHTS¹ Net Interest Income and NIM Operating Performance Loans and Credit Quality Deposits and Borrowed Funds Capital Notable Items Net interest income was $677 million, up 4% NIM was 3.27%, compared with 3.17%, and remained flat compared with the prior quarter Pre-provision net revenue² ("PPNR") was $597 million, up 84%, and included pre-tax net gains of $252 million; adjusted PPNR² was $332 million, up 5% (see notable items below) Customer-related noninterest income was $182 million, up 11% Noninterest expense was $551 million, up 5%; adjusted noninterest expense² was $546 million, up 5% Loans and leases were $62.5 billion, up 3% The annualized ratio of net loan and lease charge-offs to average loans and leases was 0.06%, compared with 0.07% The provision for credit losses was $3 million, compared with a negative $1 million Nonperforming assets were $298 million, or 0.48% of loans and leases and other real estate owned, compared with $313 million, or 0.51% Classified loans were $2.3 billion, or 3.72% of loans and leases, compared with $2.7 billion, or 4.43% Total deposits were $76.6 billion, up 4%; customer deposits (excluding brokered deposits) were $72.7 billion, up 4% Brokered deposits remained flat at $3.9 billion; short-term borrowings were $1.2 billion, down 79% Long-term debt was $2.0 billion, up 102%, due to senior note issuances over the past year CEO COMMENTARY Harris H. Simmons, Chairman and CEO of Zions Bancorporation, commented, "We're very pleased with the quarterly results, as earnings per share, excluding net equity investment gains, increased 10% to $1.74, compared to $1.58 in the sam...

View stock analysis, news, and events for Zions Bancorporation N.a.