Zions Bancorporation Q1 net earnings rise to $232 million, EPS $1.56
Zions Bancorporation reported first-quarter 2026 net earnings of $232 million, or $1.56 per diluted share, up from $169 million and $1.13 a year earlier but down from $262 million and $1.76 in the fourth quarter of 2025. The company also said it agreed to acquire the agency lending business of Basis Multifamily Finance I, LLC, subject to required approvals.
Key points
- Net earnings were $232 million and diluted EPS was $1.56, compared with $169 million and $1.13 in Q1 2025, and $262 million and $1.76 in Q4 2025.
- Net interest income rose 6% to $662 million, and net interest margin was 3.27%, compared with 3.10% a year earlier.
- Customer-related noninterest income rose 9% to $172 million, while noninterest expense rose 4% to $562 million.
- Estimated CET1 capital ratio was 11.5%, compared with 10.8%, and tangible book value per common share was $41.75, up 19%.
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 April 20, 2026.
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.