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Dec 31, 2024

Zions Q4 2024 Earnings Report

Zions Bancorporation reported net earnings of $200 million and diluted EPS of $1.34 for Q4 2024.

Key Takeaways

Zions Bancorporation reported a strong fourth quarter with net earnings of $200 million and diluted EPS of $1.34. The company saw improvements in net interest income, operating performance, and customer-related noninterest income. Loan losses were higher, but nonperforming loans decreased relative to the third quarter.

Net earnings were $200 million, with diluted EPS of $1.34.

Net interest income increased by 8% to $627 million.

Customer-related noninterest income rose by 15% to $173 million.

Estimated CET1 capital ratio was 10.9%.

Total Revenue
$820M
Previous year: $731M
+12.2%
EPS
$1.34
Previous year: $1.3
+3.1%
Cash and Equivalents
$651M
Previous year: $716M
-9.1%
Total Assets
$88.8B
Previous year: $87.2B
+1.8%

Zions

Zions

Zions Revenue by Segment

Forward Guidance

Zions Bancorporation is optimistic about sustained growth, continued improvement in net interest margin, and increased profitability in the coming year.

Positive Outlook

  • Sustained growth
  • Continued improvement in our net interest margin
  • Increased profitability