Zions Bancorp Q1 Profit Declines
(RTTNews) - Zions Bancorporation, N.A. (ZION), reported lower earnings in the first quarter, compared to last year, due to softer net interest income and non- interest income.
For the first quarter, net earnings came in at $232 million or $1.56 per share compared to $262 million or $1.76 per share last year.
Net interest income declined to $662 million from $683 million in the previous year.
Non-interest income was $187 million compared to $208 million in the prior year.
On the Nasdaq, shares of Zions Bancorp were losing 0.48 percent in overnight trading at $62.75, after closing Monday's regular trading 0.51 percent higher at $63.05.
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