Overview

* Zions Bancorp Q2 net earnings rise to $243 mln, up from $190 mln last year

* EPS for Q2 increases 27% yr/yr, reflecting improved financial performance

* Net interest margin improves to 3.17%, and customer-related noninterest income up 7%

Outlook

* Company more optimistic about growth in second half of 2025

* Zions sees stabilization in housing costs in western U.S. markets

Result Drivers

* NET INTEREST MARGIN - Improvement to 3.17% from 2.98% a year ago contributed to earnings growth

* LOAN GROWTH - Average loans increased 4% over last year, supporting revenue

* NONINTEREST INCOME - Customer-related noninterest income rose 7%,

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $1.63

Q2 Net $243 mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 15 "hold" and 3 "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy."

* Wall Street's median 12-month price target for Zions Bancorporation NA ( ZION ) is $54.25, about 4.7% below its July 18 closing price of $56.80

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)