Zions Bancorporation, National Association (N.A) ( (ZION) ) has released its Q1 earnings. Here is a breakdown of the information Zions Bancorporation, National Association (N.A) presented to its investors.
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Zions Bancorporation, National Association, is a leading financial services company operating in the banking sector across 11 western states in the United States, known for its local management teams and distinct brands. In its first quarter of 2025, Zions Bancorporation reported net earnings of $169 million, an increase from $143 million in the same period last year, with a diluted earnings per share of $1.13. The company highlighted a 6% increase in net interest income to $624 million and a net interest margin of 3.10%, up from 2.94% a year ago. Key financial metrics showed a 3% increase in loans and leases to $59.9 billion and a 2% rise in total deposits to $75.7 billion. The company also completed the acquisition of four branches in California, adding significant deposits and loans to its portfolio. Looking ahead, Zions Bancorporation remains confident in its credit culture and strong reserves, despite uncertainties in the economic environment, positioning itself to navigate potential challenges in the coming quarters.