Zions Bancorp Pref Share ZIONP F P12/31/49 | 10-Q: FY2025 Q3 Revenue: USD 861 M

Revenue: As of FY2025 Q3, the actual value is USD 861 M.

EPS: As of FY2025 Q3, the actual value is USD 1.48.

EBIT: As of FY2025 Q3, the actual value is USD -338 M.

Segment Revenue

• Net Earnings Applicable to Common Shareholders: $285 million for the third quarter of 2025, compared to $277 million in the same period of 2024.
• Diluted EPS: Increased to $1.48 from $1.37 in the third quarter of 2024.
• Adjusted PPNR: $672 million for the third quarter of 2025, compared to $620 million in the same period of 2024.

Operational Metrics

• Net Interest Income: Increased by $52 million, or 8%, to $672 million for the third quarter of 2025, compared to $620 million in the same period of 2024.
• Net Interest Margin: Improved to 3.28% from 3.03%.
• Provision for Credit Losses: $49 million for the third quarter of 2025, compared to $13 million in the same period of 2024.
• Noninterest Income: Increased by $17 million, or 10%, to $189 million for the third quarter of 2025, compared to $172 million in the same period of 2024.
• Noninterest Expense: Increased by $25 million, or 5%, to $527 million for the third quarter of 2025, compared to $502 million in the same period of 2024.
• Efficiency Ratio: Improved to 59.6% from 62.5%.

Unique Metrics

• Customer-Related Noninterest Income: Increased by $5 million, or 3%, primarily due to higher loan-related fees and income.
• Noncustomer-Related Noninterest Income: Increased by $12 million, or 86%, mainly due to increased dividends and other income.

Future Outlook and Strategy

Core Business Focus

• Net Interest Income: Expected to benefit from lower funding costs and favorable shifts in the composition of average interest-earning assets.
• Loan Growth: Continued focus on growing the consumer 1-4 family residential mortgage and commercial and industrial loan portfolios.
• Efficiency Improvements: Ongoing efforts to improve operational efficiency, as reflected in the improved efficiency ratio.

Non-Core Business

• Dividends and Other Income: Continued focus on generating income from dividends and other sources, including gains on the sale of bank-owned properties and higher dividends received on FHLB stock.

Priority

• Credit Quality: Emphasis on maintaining strong credit quality, as evidenced by the decrease in classified loans and the stable level of nonperforming assets.
• Technology Investments: Continued investment in technology to improve products and services, increase operational efficiency, and remain competitive.