Zions Bancorporation NA reported FY 2025 net earnings applicable to common shareholders of USD 895 million (+21%) and diluted EPS of USD 6.01 (+21%). Net income was USD 899 million (+15%). Net interest income rose to USD 2.6 billion (+8%) and the net interest margin improved to 3.21% (from 3.00%), which the bank attributed primarily to lower funding costs and a shift toward higher-yielding loans. Noninterest income increased to USD 758 million (+8%), including higher customer-related fees and income, while noninterest expense increased to USD 2.1 billion (+4%). Adjusted pre-provision net revenue was USD 1.3 billion (+12%) and the efficiency ratio improved to 62.6% (from 64.2%); excluding a USD 15 million charitable foundation contribution, the efficiency ratio would have been 62.2%. Balance-sheet highlights included total loans and leases of USD 60.9 billion (+3%) and total deposits of USD 75.6 billion (-1%), with the deposit decline driven mainly by lower brokered deposits and partially offset by higher noninterest-bearing demand deposits tied to a consumer product migration. Credit metrics showed provision for credit losses of USD 72 million (flat), net charge-offs of USD 89 million (0.15% of average loans and leases), and nonperforming assets of USD 320 million (0.52% of total loans and leases and OREO). The allowance for credit losses was USD 724 million at year-end (1.19% of loans and leases). Business and corporate updates for FY 2025 included the issuance of USD 500 million of 4.70% Fixed-to-Floating Senior Notes in Q3, continued investment in technology (total technology spend of USD 510 million, +9%), and a branch acquisition by California Bank & Trust in late March 2025 that added approximately USD 630 million in deposits and USD 420 million in consumer and commercial loans. The bank also reported a USD 50 million loss tied to two related commercial loans in Q3 2025, linked to identified irregularities and misrepresentations, with legal action initiated to pursue recoveries.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zions Bancorporation NA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000109380-26-000046), on February 24, 2026, and is solely responsible for the information contained therein.
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