Zions Bancorporation National Association (ZION)
NASDAQ:ZION
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Earnings Data
Report Date
Jul 27, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.55Last Year’s EPS
1.63Same Quarter Last Year
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented stronger year‑over‑year financial performance, solid credit metrics, deposit growth at period‑end, capital strength and strategic progress in Capital Markets and product launches. The main near‑term headwinds are seasonal and quarter‑over‑quarter compressions in revenue and margin, higher compensation/expense seasonality, some deposit competition and localized CRE/C&I pricing pressure. Management provided constructive guidance for net interest income (7–8% upside in a no‑rate‑cut scenario), reiterated positive operating leverage for the year and highlighted strategic initiatives and potential regulatory capital tailwinds (Basel III end‑game). Overall, the positive YoY improvements, low credit losses and strategic momentum materially outweigh the QoQ softness and expense seasonality concerns.Company Guidance
Strong Year‑over‑Year Earnings Growth
Net earnings of $232 million, or $1.56 per diluted share, up 37% versus the year‑ago quarter (driven by revenue growth, a lower provision for credit losses and a lower effective tax rate).
Improved Net Interest Income and Margin Year‑over‑Year
Taxable equivalent net interest income of $662 million, up 6% year‑over‑year. Net interest margin (NIM) of 3.27%, up 17 basis points year‑over‑year.
Loan Growth
Average loans grew 2.4% on an annualized basis during the quarter and 2.5% year‑over‑year, led by commercial lending.
Deposit and Funding Progress
Period‑end customer deposits increased $1.3 billion (1.8%) from year‑end; total funding costs declined 8 basis points linked‑quarter to 1.68% as repricing reduced deposit costs and replaced higher‑cost wholesale funding.
Strong Credit Metrics
Net charge‑offs were very modest at 3 basis points annualized of average loans; nonperforming assets ratio declined to 48 basis points; allowance for credit losses at 1.16% with coverage of nonaccrual loans at 239%.
Capital Strength and Tangible Book Value
Common Equity Tier 1 (CET1) ratio remained solid at 11.5% (flat QoQ). Tangible book value per share increased 19% year‑over‑year, reflecting earnings and balance sheet normalization.
Fee Income Momentum & Capital Markets Investment
Adjusted customer‑related noninterest income of $174 million (up $16 million or 10% YoY excluding CVA), with Capital Markets highlighted as an outsized contributor and strong pipelines into Q2. Continued investment in investment banking, sales & trading and real estate capital markets.
Strategic Acquisitions and Product Launches
Agreement to acquire Basis Investment Group's Fannie/Freddie lending programs (expected to strengthen CRE capabilities). New consumer 'Gold' account and pilot 'beyond the business' small business product launched, plus strong SBA 7(a) momentum (ranked 11th nationally in approvals in the first half of the SBA fiscal year).
Liquidity & Securities Cash Flows
Investment securities principal and prepayment cash flows of $493 million with $299 million reinvested; portfolio price sensitivity ~3.7 years, used as an on‑balance liquidity tool and to balance interest rate risk.
Positive Operating Leverage Outlook
Reported adjusted pre‑provision net revenue of $301 million (up 13% YoY) and reiterated full‑year 2026 expectation for positive operating leverage in the range of 100–150 basis points (management noted even stronger intra‑quarter dynamics earlier).
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 |
|---|---|---|---|
Apr 20, 2026 | $63.05 | $62.02 | -1.63% |
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% |
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 Jul 27, 2026, After Close (Confirmed).
What is Zions Bancorporation National Association (ZION) earnings time?
Zions Bancorporation National Association (ZION) earnings time is at Jul 27, 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 (Q2) is 1.55.