Zions Q3 net earnings rise to $221 million, EPS $1.48, after $50 million loan charge-off
Zions Bancorporation reported third-quarter 2025 net earnings of $221 million, or $1.48 per diluted share, up from $204 million, or $1.37, a year earlier but down from $243 million, or $1.63, in the second quarter. Results also reflected a $50 million charge-off and a $10 million reserve tied to loans to two related companies where the bank detected apparent irregularities, and the bank has started legal action to recover the amounts owed.
Key points
- Net interest income rose 8% to $672 million, and net interest margin was 3.28% versus 3.03% a year earlier.
- Provision for credit losses was $49 million versus $13 million a year earlier, primarily due to two large related C&I loans.
- Estimated CET1 capital ratio was 11.3%, compared with 10.7% a year earlier.
- Tangible book value per common share rose 17% to $38.64.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 20, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.