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Sep 30, 2024
Zions Q3 2024 Earnings Report
Zions' financial performance improved with increased earnings per share and a strengthened net interest margin.
Key Takeaways
Zions Bancorporation reported net earnings of $204 million, or $1.37 per diluted share, for the third quarter of 2024. The net interest margin strengthened to 3.03%, and operating costs increased modestly. Classified loans increased, but credit losses remained low.
Net earnings per diluted common share were $1.37.
Net interest income increased by 6% to $620 million.
The net interest margin improved to 3.03%.
The estimated CET1 capital ratio was 10.7%.
Zions
Zions
Forward Guidance
No specific forward guidance was provided in the press release.