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Zions Bancorporation National Association (ZION)
NASDAQ:ZION
Earnings Data
Report Date
Apr 20, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.41Last Year’s EPS
1.13Same Quarter Last Year
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The quarter showed clear progress on core financial metrics: strong earnings and EPS growth, continued NIM expansion, robust deposit gathering, low charge-offs and sizable tangible book value accretion. Revenue diversification (capital markets and customer fees) and targeted growth initiatives (small business, SBA lending, banker hires) are notable positives. Offsetting items include a sequential PPNR decline partly driven by a $15 million charitable donation, rising noninterest expenses as the bank invests in growth, some asset-yield compression and an uptick in C&I classified loans. Management provided constructive 2026 guidance (moderately increasing NII and fee income, controlled expense growth with expected positive operating leverage) but that outlook depends on interest-rate assumptions. On balance, the positive operational and capital trends outweigh the headwinds, supporting a favorable near-term outlook.Company Guidance
Meaningful Earnings Growth
Reported earnings of $262 million, up 19% sequentially and 31% year-over-year; full-year earnings grew 21% versus prior year.
Diluted EPS Improvement
Diluted earnings per share of $1.76, up from $1.48 last quarter and $1.34 a year ago (includes $0.08 per share headwind from a charitable contribution and $0.11 benefit from FDIC assessment reversal and SBIC gains).
Net Interest Margin and NII Expansion
Net interest margin expanded for the eighth consecutive quarter to 3.31% (up ~3 basis points sequentially and ~26 basis points year-over-year); net interest income increased $56 million (9%) versus Q4 2024 and $11 million versus prior quarter.
Deposit Growth and Improved Funding Mix
Customer deposits grew at a healthy pace (9% annualized); period-end deposits rose $766 million quarter-over-quarter; average deposits increased 2.3% q/q; average noninterest-bearing deposits grew ~$1.7 billion (6% q/q). Deposit cost declined 11 basis points sequentially to 1.56% and total funding costs fell 16 basis points to 1.76%.
Strong Credit Quality
Net charge-offs were very low at $7 million (≈5 basis points annualized of total loans); provision for credit losses of $6 million; allowance for credit losses was 1.19% of loans with coverage of nonaccrual loans at 215%; nonperforming assets remained low at 52 basis points of loans.
Capital Strength and Tangible Book Value Growth
Common equity Tier 1 ratio of 11.5%; tangible book value per share increased 21% year-over-year — third straight year of >20% growth — enabling management to say they are nearing the point to increase capital distributions (management expects potential buybacks in the second half of the year).
Revenue Diversification and Fee Momentum
Adjusted customer-related noninterest income reached a record $175 million this quarter; capital markets fees increased ~25% year-over-year (management has doubled capital markets fees since 2020); adjusted PPNR for full year increased 12% year-over-year.
Loan Production and Targeted Growth Initiatives
Period-end loan balances increased by $615 million sequentially with commercial growth in Texas, California and Pacific Northwest; focused initiatives include targeted marketing, banker hiring and small business lending (SBA 7(a) loans nearly doubled in number and rose ~53% in dollars).
Zions Bancorporation National Association (ZION) Earnings, Revenues Date & History
ZION Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ZION Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 20, 2026 | $58.67 | $61.14 | +4.21% |
Oct 20, 2025 | $51.16 | $51.87 | +1.39% |
Jul 21, 2025 | $55.24 | $55.49 | +0.46% |
Apr 21, 2025 | $42.85 | $42.21 | -1.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Zions Bancorporation National Association (ZION) report earnings?
Zions Bancorporation National Association (ZION) is schdueled to report earning on Apr 20, 2026, After Close (Confirmed).
What is Zions Bancorporation National Association (ZION) earnings time?
Zions Bancorporation National Association (ZION) earnings time is at Apr 20, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ZION EPS forecast?
ZION EPS forecast for the fiscal quarter 2026 (Q1) is 1.41.