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Zions
🇺🇸 NASDAQ:ZION
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Jun 30, 2024

Zions Q2 2024 Earnings Report

Zions Bancorporation reported improved net interest margin, effective expense management, strong credit quality and strengthened capital.

Key Takeaways

Zions Bancorporation, N.A. reported second quarter 2024 net earnings of $190 million, with diluted EPS of $1.28. The net interest margin was 2.98%, and the estimated Common Equity Tier 1 ratio was 10.6%.

Net interest income was $597 million, up 1%.

NIM was 2.98%, compared with 2.92%.

Loans and leases were $58.4 billion, up 3%.

The estimated CET1 capital ratio was 10.6%, compared with 10.0%.

Total Revenue
$776M
Previous year: $780M
-0.5%
EPS
$1.28
Previous year: $1.11
+15.3%
Gross Profit
$1.25B
Previous year: $767M
+63.5%
Cash and Equivalents
$717M
Previous year: $701M
+2.3%
Free Cash Flow
$234M
Previous year: $576M
-59.4%
Total Assets
$87.6B
Previous year: $87.2B
+0.4%

Zions

Zions

Zions Revenue by Segment

Forward Guidance

The earnings release does not contain specific forward guidance. Therefore, a response is not possible.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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