Financial services company Zions Bancorporation NA (NASDAQ: ZION) announced results for the first quarter of 2024.
- First-quarter net interest income was $586 million, down 14% from the comparable period of 2023
- Q1 net income decreased to $143 million or $0.96 per share from $198 million or $1.33 per share last year
- Net interest margin was 2.94% during the three months, compared to 3.33% in the prior-year period
- Pre-provision net revenue decreased to $226 million in the March quarter from $336 million in Q1 2023
- In Q1, customer-related noninterest income remained unchanged from last year at $151 million
- Noninterest expense was $526 million, up 3%; adjusted noninterest expense remained relatively stable at $511 million
- At the end of the quarter, Zions had total loans and leases of $58.1 billion, up 3% from a year earlier
- The provision for credit losses was $13 million in the first quarter, compared with $45 million last year
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
