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Stock impact report

Zions Bancorporation, National Association Reports First Quarter Financial Results

Zions Bancorporation N.A. (ZION) 
Last zions bancorporation n.a. earnings: 4/20 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: zionsbancorp.com
Company Research Source: PR Newswire
SALT LAKE CITY, April 22, 2019 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) ("Zions" or "the Bank") today reported net earnings applicable to common shareholders for the first quarter of 2019 of $205 million, or $1.04 per diluted common share, compared with net earnings applicable to common shareholders of $231 million, or $1.09 per diluted common share, for the first quarter of 2018 and net earnings applicable to common shareholders of $217 million, or $1.08 per diluted common share, for the fourth quarter of 2018.Harris H. Simmons, Chairman and CEO, commented, "First quarter results were fundamentally strong, with earnings per share of $1.04 as compared to $1.09 a year ago. However, the prior year's first quarter included interest recoveries on several large loans equal to $0.04 per share and a negative provision for credit losses equal to $0.17 per share. Adjusted pre-provision net revenue per share increased 16%; at the same time, credit quality remained strong, with Show less Read more
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