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Zions Bancorporation, N.A. reported a strong financial performance for the third quarter of 2025, announcing net earnings applicable to common shareholders of $221 million, or $1.48 per diluted common share. This marks an increase from $204 million, or $1.37 per diluted common share, in the same quarter of 2024, although it represents a decrease from the second quarter of 2025, where earnings were $243 million, or $1.63 per diluted common share.
In a statement released on October 20, 2025, Chairman and CEO of Zions Bancorporation, Harris H. Simmons, expressed satisfaction with the company’s core earnings. He highlighted a 14% growth in pre-provision net revenue compared to the previous year, with an even stronger 18% increase when adjusted for certain factors. During the same period, the net interest margin improved by 25 basis points, and customer-related noninterest income, adjusted for net credit valuation adjustments, grew by 8%.
Despite these positive indicators, the bank experienced a contraction in loans, which fell at an annualized linked-quarter rate of 3%. In contrast, deposits, excluding brokered deposits, rose at an annualized rate of 7%. Additionally, tangible book value per share increased by 17% over the past year.
The bank’s credit results were impacted by a $50 million charge-off and a specific reserve of $10 million related to loans given to two companies facing apparent irregularities. Legal action has been initiated to recover these amounts from the guarantors. Excluding this significant charge, remaining net charge-offs were minimal, amounting to just $6 million, or 4 basis points of average loans on an annualized basis.
For stakeholders seeking further insights, Zions Bancorporation has made available a supplemental presentation on its website. The bank will hold a conference call at 5:30 p.m. ET on October 20, 2025, to discuss third quarter results. Participants can join the call by dialing (877) 709-8150 and using the meeting number 13756405, or through an on-demand webcast accessible via the bank’s website. The archived version of the call will remain available for 30 days.
Zions Bancorporation, N.A. stands as one of the leading financial services companies in the United States, boasting annual net revenue of $3.1 billion in 2024 and total assets of approximately $89 billion as of December 31, 2024. Operating with local management teams and distinct brands across 11 western states, including Arizona, California, and Texas, the bank has garnered numerous awards for its customer service, particularly in small- and middle-market banking.
As a member of the S&P MidCap 400 and NASDAQ Financial 100 indices, Zions Bancorporation remains focused on navigating the financial landscape, continuously adapting to challenges including regulatory changes and economic fluctuations.
For more detailed information on the financial results, visit the official Zions Bancorporation website. The bank’s forward-looking statements reflect management’s expectations and are subject to various risks and uncertainties that could lead to actual results differing materially from those projected.
