Zions Bancorporation, N.A. announced its financial results for the third quarter of 2025, reporting net earnings applicable to common shareholders of $221 million, translating to $1.48 per diluted common share. This figure marks an increase from the $204 million or $1.37 per diluted share recorded during the same period last year, though it reflects a decline from the $243 million or $1.63 per diluted share reported in the second quarter of 2025.
Harris H. Simmons, Chairman and CEO of Zions Bancorporation, expressed satisfaction with the bank’s core earnings. He highlighted a robust 14% growth in pre-provision net revenue compared to the previous year, and an 18% increase on an adjusted basis. The bank’s net interest margin improved by 25 basis points year-over-year, while customer-related noninterest income, when adjusted for the net credit valuation adjustment, increased by 8%.
Despite these positive developments, the bank faced challenges in loan growth, with a contraction of 3% on an annualized linked-quarter basis. Nonetheless, deposits excluding brokered deposits grew at an annualized rate of 7%. Over the past year, the tangible book value per share saw a notable increase of 17%.
The quarter’s credit results were impacted by a $50 million charge-off and a $10 million specific reserve related to loans involving two associated companies where irregularities were detected. Legal action has commenced to recover the amounts owed from the guarantors of these credits. Excluding this notable loss, the remaining net charge-offs were relatively low at $6 million, amounting to only 4 basis points of average loans on an annualized basis.
Insights from the Conference Call and Future Outlook
Zions Bancorporation has scheduled a conference call to discuss these results further, taking place at 17:30 ET on October 20, 2025. Media representatives, analysts, investors, and the public are invited to join the discussion via telephone at (877) 709-8150 or through an on-demand webcast available on the bank’s website. The webcast will be archived for 30 days for those unable to attend live.
Founded as a premier financial services company, Zions Bancorporation reported annual net revenue of $3.1 billion for 2024 and total assets of approximately $89 billion as of December 31, 2024. The organization operates under distinct brands across 11 western states, including Arizona, California, and Texas, and has received numerous accolades for its customer service in small- and middle-market banking.
Zions Bancorporation is also included in the S&P MidCap 400 and NASDAQ Financial 100 indices, which underscore its prominence in the financial sector.
Forward-Looking Statements and Market Conditions
The earnings release contains several “forward-looking statements” that reflect management’s expectations regarding future performance. These projections are subject to various risks and uncertainties, including changes in economic conditions, interest rates, and regulatory landscapes, which could affect actual results.
Key factors influencing these outcomes include the quality of loan and investment portfolios, economic slowdowns, and potential impacts from emerging technologies. The bank emphasizes the importance of not relying solely on forward-looking statements, as they are not guarantees of future performance.
For further details, the complete earnings release and financial schedules can be accessed on the Zions Bancorporation website.
