11:07 AM EDT, 10/21/2025 (MT Newswires) -- Zions Bancorporation (ZION) reported Q3 earnings that topped Wall Street expectations, though results were "negatively impacted" by a previously disclosed credit issue tied to two related commercial and industrial loans, RBC Capital Markets said in a report emailed Tuesday.

The company posted Q3 earnings per share of $1.48, beating the consensus despite a 6-cent hit from a valuation adjustment and a $60 million provision tied to two C&I loans, RBC said. "While this was a disappointment, the credit outlook remained stable and other core fundamentals and guidance remained positive," it added.

The company's management reaffirmed its outlook for moderate revenue and expense growth over the next year, now expecting "slightly to moderately" higher loan growth, RBC said.

Analysts at RBC raised their earnings estimates, increasing 2025 EPS to $5.80 from $5.65 and 2026 EPS to $6.25 from $5.85.

RBC has a sector perform rating on Zions with a price target of $62.

Shares of the company were up 2% in recent Tuesday trading.

Price: 53.09, Change: +1.11, Percent Change: +2.13