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These Analysts Revise Their Forecasts On Zions Bancorp After Q1 Results
Zions Bancorporation, N.A. (NASDAQ:ZION) reported upbeat earnings for its first quarter on Monday.
The company posted a first-quarter FY24 revenue decline of 11.6% year-on-year to $742 million, missing the analyst consensus estimate of $743.481 million. Adjusted EPS of $1.03 beat the analyst consensus estimate of 98 cents, according to data from Benzinga Pro.
Pre-provision net revenue (PPNR) was $226 million, a 33% decline. Loans and leases increased 3% to $58.1 billion. Nonperforming assets were $254 million, ...