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Zion Bancorp: EPS $1.11 versus expected $1.09. Deposits are higher for the regional bank
In Q2 2023, Zions Bancorporation (ZION) reported earnings per share (EPS) of $1.11, exceeding the expected $1.09.The bank's deposits were reported at $74.32 billion, significantly higher than the expected $68.49 billion.Zions posted a net interest margin of 2.92%, slightly above the anticipated 2.87%.The bank's net charge-offs were $13 million, lower than the expected $15.1 million.The non-interest income was reported at $189 million, far exceeding the expected $159.1 million.Zion is one of the...
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Posted: Jul 19 2023, 20:25
Author Name: forexlive
Views: 110463