Zions Bancorp Q2 EPS rose 27%

Overview

• Zions Bancorp Q2 net earnings rise to $243 mln, up from $190 mln last year

• EPS for Q2 increases 27% yr/yr, reflecting improved financial performance

• Net interest margin improves to 3.17%, and customer-related noninterest income up 7%

Outlook

• Company more optimistic about growth in second half of 2025

• Zions sees stabilization in housing costs in western U.S. markets

Result Drivers

• NET INTEREST MARGIN - Improvement to 3.17% from 2.98% a year ago contributed to earnings growth

• LOAN GROWTH - Average loans increased 4% over last year, supporting revenue

• NONINTEREST INCOME - Customer-related noninterest income rose 7%,

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 15 "hold" and 3 "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Zions Bancorporation NA is $54.25, about 4.7% below its July 18 closing price of $56.80

• The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn5Fhhw4a