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Sep 30, 2020

Zions Q3 2020 Earnings Report

Zions Bancorporation reported net earnings of $167 million and diluted EPS of $1.01 for Q3 2020.

Key Takeaways

Zions Bancorporation reported third quarter net earnings of $167 million, with diluted EPS of $1.01. Net interest income was $555 million, and the net interest margin was 3.06%. Deposits increased by $11.0 billion, or 20%, to $67.1 billion.

Net earnings per diluted common share was $1.01.

Net earnings were $167 million.

Net interest margin was 3.06%.

Common Equity Tier 1 was 10.4%.

Total Revenue
$712M
Previous year: $713M
-0.1%
EPS
$1.01
Previous year: $1.17
-13.7%
Average Deposits
$66.5B
Gross Profit
$712M
Previous year: $713M
-0.1%
Cash and Equivalents
$576M
Previous year: $796M
-27.6%
Free Cash Flow
$109M
Previous year: $92M
+18.5%
Total Assets
$78.4B
Previous year: $70.4B
+11.4%

Zions

Zions

Forward Guidance

No specific forward guidance was provided in the earnings report.