** Shares of regional lender Zions Bancorporation rise as much as 4.1%, last up 3.1% at $41.14
** ZION forecasts Q1 2025 net interest income (NII) to be stable to slightly increasing vs.Basil Q1 2024 levels
** Co expects continued NII stability with potential upside, particularly if short-term interest rates decline
** Analysts, on average, expect Q1 2025 NII growth of 2% compared to last year - LSEG
** ZION had previously forecast FY 2024 NII to be slightly decreasing given higher deposit cost pressures compared to 2023
** J.P. Morgan analyst Steven Alexopoulos says a nice Q1 2024 from ZION is translating into an improved outlook for NII growth, which is in the positive bucket
** As of last close, ZION shares down 9% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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