Zions Bancorp Q2 adjusted EPS misses estimates as one-time gains lift net profit

Zions Bancorporation, National Association

20/07/2026 21:23

    

    Overview
  
U.S. regional bank's Q2 adjusted EPS missed analyst expectations
Net earnings rose sharply, aided by equity investment gains on Visa and SBIC holdings
Organic noninterest income grew 11% yr/yr, with strong capital markets activity

    

    Outlook
  
Company did not provide specific guidance for the current quarter or full year

    

    Result Drivers
  
EQUITY INVESTMENT GAINS - Net earnings boosted by $215 mln in gains on Visa Class B-1 shares and $37 mln on SBIC investments
NONINTEREST INCOME - Organic customer-related noninterest income rose 11% yr/yr, with strong growth from capital markets activities
LOAN AND DEPOSIT GROWTH - Loans grew 3% yr/yr and 8% annualized linked-quarter; deposits up 4% yr/yr but seasonally lower vs Q1

    
Company press release: ID:nPn9VXY4za

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Adjusted EPS
Miss
$1.74
$1.81 (19 Analysts)
Q2 EPS
 
$3.05
 
Q2 CET1 Capital Ratio
 
11.80%
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 14 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Zions Bancorporation NA is $71.50, about 1.1% below its July 17 closing price of $72.27
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

    

    Reuters Recommended Reads
  
July 20 - Investar Q2 adjusted EPS beats estimates, net interest margin improves
July 20 - MainStreet Bancshares Q2 profit rises on higher interest margin
July 17 - Hingham Institution for Savings Q2 net income more than doubles on higher loan yields, lower funding costs

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)