Basic 1D 10Y MAX Advanced 용 45 40 35 30 25 Sep 2023 Nov 2023 Jan 2024 Mar 2024 May 2024 Jul 2024 StellaMc Seeking Alpha Net interest income rose by $11 million from Q1 and 1% from last year. ZION has seen modest balance sheet growth, and its net interest margin (NIM) of 2.98% was up 4bps sequentially. Funding costs reduced NIM by 3bps, while asset reinvestment and loan growth boosted NIM by 7bps. NIM is now at the highest level in over a year, as Zions has managed through the regional banking crisis fairly ...

财务数据和关键指标变化 - 公司报告第二季度净收益1.9亿美元 [25] - 期末贷款余额增长0.5%,平均贷款余额增长近1% [25] - 客户存款余额下降近1%,无息活期存款占比保持在34% [26] - 普通股一级资本充足率为10.6%,较上季度和去年同期分别提高0.2个百分点和0.6个百分点 [27] - 每股摊薄收益为1.28美元,较上季度增加0.32美元 [28] - 调整后的税前拨备前净收益为2.78亿美元,较上季度增加0.36亿美元 [29] 各条业务线数据和关键指标变化 - 净息差环比增加4个基点,同比增加6个基点,资产重定价超过资金成本上升 [17][33][34][35] - 贷款需求有所增加,但增长仍较温和,高利率抑制了增长和减少了商业和消费房地产贷款的提前还款 [19] - 小企业SBA贷款业务表现良好,公司将继续专注于此 [20] - 费用收入增长较缓慢,但公司有信心在未来12-18个月内实现显著增长 [21][36][37] - 资本市场业务是一个关键机会,公司正在加强这方面的能力并向客户提供 [22] 各个市场数据和关键指标变化 - 公司主要在西部地区经营,该地区经济总体健康,但贷款需求有所放缓 [68][69] - 休斯顿地区遭受了一场1级飓风袭击,但公司预计不会产生重大损失 [168][169][170][171][172][173][174] 公司战略和发展方向及行业竞争 - 公司已完成核心系统的全面升级,这为公司带来了简化和一致性的好处 [10][11][12][13][14][15] - 公司正在优化新核心系统的投资,并继续投资于其他有竞争优势的技术 [16] - 公司正专注于吸引新客户关系和建立更细分的存款基础 [19][20][128][129][130][131] - 公司看好资本市场业务的发展前景,正在加强这方面的能力 [133][134][135] 管理层对经营环境和未来前景的评论 - 管理层认为当前的政治和经济环境给客户带来了不确定性,但公司所在地区经济总体健康 [19][68][69] - 管理层对公司的技术投资和产品服务带来的价值表示乐观 [30] - 管理层预计未来12个月内净息差和净利息收入将略有增长,但存款价格行为和利率变化路径存在不确定性 [53][59] - 管理层认为信贷质量仍然良好,未来几个季度的实际损失将是可控的 [23][24][74] 其他重要信息 - 公司已完成核心系统的全面升级,这为公司带来了简化和一致性的好处 [10][11][12][13][14][15] - 公司正在优化新核心系统的投资,并继续投资于其他有竞争优势的技术 [16] - 公司的资本充足率持续提高,管理层暂时不考虑大规模股票回购 [147][148][149] 问答环节重要的提问和回答 问题1 **Manan Gosalia 提问** 询问无息活期存款的趋势以及未来利率下降时的预期 [63][64][65][66] **Ryan Richards 回答** 公司观察到无息活期存款下降趋缓,并相应调整了存款迁移的假设,预计未来无息活期存款将更加稳定 [64][65][66] 问题2 **John Pancari 提问** 询问分类贷款和逾期贷款的增加对拨备的影响 [73][74][75][76][77][78][79][80][81][82] **Scott McLean 和 Ryan Richards 回答** 分类贷款和逾期贷款的增加主要集中在商业贷款,但公司认为未来几个季度的实际损失可控,已在拨备中反映 [74][75][76][77][78][79][80][81][82][153][154][155] 问题3 **Ben Gerlinger 提问** 询问净息差改善的具体情况,包括资产收益率和负债成本的变化 [99][100][101][102][103] **Ryan Richards 回答** 净息差改善主要源于资产收益率上升超过负债成本上升,公司预计未来12个月内净息差和净利息收入将略有增长 [100][101][102][103][53][59]

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here i ...

SALT LAKE CITY, July 22, 2024 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) ("Zions" or "the Bank") today reported net earnings applicable to common shareholders for the second quarter of 2024 of $190 million, or $1.28 per diluted common share, compared with net earnings applicable to common shareholders of $166 million, or $1.11 per diluted common share, for the second quarter of 2023, and net earnings applicable to common shareholders of $143 million, or $0.96 per diluted common share, for the ...

净收入和利息收入 - 2024年第二季度，Zions Bancorporation的净收入为1.9亿美元，每股摊薄收益为1.28美元[2] - 净利息收入为5.97亿美元，较去年同期增长2.98%[7] - 平均利息收入略微下降，主要是由于证券平均减少[12] 非利息收入和支出 - 客户相关的非利息收入为1.54亿美元，较去年同期下降5%[15] - 非利息支出为5.09亿美元，较去年同期下降3%[17] - 非利息支出中，薪资和员工福利支出下降4%[17] - 非利息支出总额保持相对稳定，为5.09亿美元[19] - 调整后的非利息支出增加了1.2亿美元，增长了2%[20] 资产和负债 - 资产收益率为5.31%，较去年同期增长50个基点[10] - 存款利息支出为3.9亿美元，较去年同期增长77%[7] - 平均利息负债增加7%，主要是由于存款增长[13] - 投资证券总额减少了20亿美元，降至196亿美元[22] - 存款总额减少了5.53亿美元，降至737.7亿美元[31] - 借入资金总额增加了1.46亿美元，达到61.97亿美元[32] - 股东权益总额为60.25亿美元，较去年同期增长了14%[33] 贷款和损失准备金 - 贷款和租赁净额增加了15亿美元，增长了3%，达到584亿美元[25] - 2024年第二季度，信贷损失准备金为5百万美元，较去年同期的4.6亿美元有所下降[28] - 不良资产总额为2.65亿美元，较去年同期的1.64亿美元增加了1.01亿美元[29] 其他 - 公司在中国市场取得了iPhone销售收入纪录，非常引以为傲[110] - 公司提醒不要过度依赖前瞻性声明，应谨慎对待[44] - 公司将于2024年7月22日下午5:30 ET讨论第二季度业绩[38]

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Revenues are expected to be $761.11 million, down 3.8% from the year-ago quarter. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 22. On the other hand, if th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ COMMISSION FILE NUMBER 001-12307 ZIONS BANCORPORATION, NATIONAL ASSOCIATION (Exact name of registrant as specified in its charter) United States ...

Zions Bancorporation, National Association (NASDAQ:ZION) Q1 2024 Earnings Call Transcript April 22, 2024 9:30 AM ET Company Participants Shannon Drage - Director of IR Harris Simmons - Chairman and CEO Ryan Richards - CFO Scott McLean - President and COO Derek Steward - Chief Credit Officer Matt Tyler - Corporate Treasurer Conference Call Participants Manan Gosalia - Morgan Stanley John Pancari - Evercore Steven Alexopoulos - J.P. Morgan Bernard Von Gizycki - Deutsche Bank Ken Usdin - Jefferies Brandon King ...

First Quarter 2024 Financial Review ZIONS BANCORPORATION April 22, 2024 Forward-Looking Statements; Use of Non-GAAP Financial Measures 2 Forward Looking Information This presentation includes "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and assumptions regarding future events or determinations, all of which are subject to known and unknown risks, uncertainties, and other factors t ...

Zions Bancorporation, N.A. One South Main Salt Lake City, UT 84133 April 22, 2024 www.zionsbancorporation.com First Quarter 2024 Financial Results: FOR IMMEDIATE RELEASE Investor Contact: Shannon Drage (801) 844-8208 Media Contact: Rob Brough (801) 844-7979 Zions Bancorporation, N.A. reports: 1Q24 Net Earnings of $143 million, diluted EPS of $0.96 compared with 1Q23 Net Earnings of $198 million, diluted EPS of $1.33, and 4Q23 Net Earnings of $116 million, diluted EPS of $0.78 FIRST QUARTER RESULTS $0.96 $14 ...