Earnings Summary: Zions Bancorporation Q1 2024 Financial Results

Monday, 22 April 2024, 14:08

Zions Bancorporation NA (NASDAQ: ZION) disclosed its financial outcomes for the first quarter of 2024. The report highlights a decline in net interest income compared to 2023, and other key financial metrics like net interest margin, noninterest income, and provision for credit losses.
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Earnings Summary: Zions Bancorporation Q1 2024 Financial Results

Zions Bancorporation Q1 2024 Results Overview

Financial services firm Zions Bancorporation NA (NASDAQ: ZION) shared its financial performance for the first quarter of 2024.

Key Highlights:

  • Net Interest Income: Stood at $586 million, down 14% from 2023.
  • Net Interest Margin: Decreased to 2.94% from 3.33%.
  • Noninterest Income: At $151 million, maintaining stability.
  • Provision for Credit Losses: Reported at $13 million, lower than the previous year.

The post Earnings Summary: Zions Bancorporation reports Q1 2024 financial results first appeared on AlphaStreet.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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