Zions Bancorp

Q2 FY2026 EarningsQ2 FY26 significantly beat consensus across all headline metrics, with revenue reaching $1,137M vs. $876.5M expected and Diluted EPS of $3.05 vs. $1.92 consensus. The outperformance was primarily driven by $252M in pre-tax notable gains, specifically a $215M gain from the sale of Visa Class B-1 shares. Core banking performance was healthy, as net interest margin (NIM) expanded 10 bps YoY to 3.27%, supported by lower funding costs and a shift toward higher-yielding loans.