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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: Business Wire
SALT LAKE CITY--(BUSINESS WIRE)--Zions Bancorporation, N.A. (NASDAQ: ZION) ("Zions" or "the Bank") today reported net earnings applicable to common shareholders for the first quarter of 2020 of $6 million, or $0.04 per diluted common share, compared with net earnings applicable to common shareholders of $205 million, or $1.04 per diluted common share, for the first quarter of 2019 and net earnings applicable to common shareholders of $174 million, or $0.97 per diluted common share, for the fourth quarter of 2019.Harris H. Simmons, Chairman and CEO, of Zions Bancorporation, commented, “In what has become a challenging environment, we are nevertheless pleased with many elements of the first quarter’s financial performance, including well-controlled operating expenses, which decreased 5% from last year; a net interest margin that remained relatively resilient when compared to the prior quarter; and very modest realized loan losses. As economic conditions deteriorated in mid-March as Show less Read more
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