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Zions Bancorporation: Solid Q2 With Minimal Credit Deterioration (Rating Upgrade)
ZIONZions Bancorporation(ZION) Seeking Alpha·2024-07-23 20:48

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 ...