

Zions Bancorporation, National Association impresses with 4 earnings beats in a row and compelling Q3 results, outperforming key benchmarks and several peers in ROE and operating margin. Zions demonstrates robust loan growth, especially in commercial real estate, while maintaining an investment-grade credit rating and keeping non-performing loans to a low level. The stock offers an attractive ~3% dividend yield with a low payout ratio, and positive dividend growth and appears undervalued on forward earnings and book value metrics.

Zions Bancorp (NASDAQ:ZION) reported mixed results for the third quarter on Monday.

Zions Bancorporation, National Association ( ZION ) Q3 2026 Earnings Call October 19, 2026 5:30 PM EDT Company Participants Jason Arbuckle - Senior Director of Corporate Finance and Transformation Harris Simmons - Chairman & CEO R. Richards - Executive VP & CFO Derek Steward - Executive VP & Chief Credit Officer Scott McLean - President, COO & Director Matthew Tyler - Senior VP & Treasurer Conference Call Participants Bernard Von Gizycki - Deutsche Bank AG, Research Division John Pancari - Evercore ISI Institutional Equities, Research Division David Rochester - Cantor Fitzgerald & Co., Research Division Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division Ryan Kenny - Morgan Stanley, Research Division Kenneth Usdin - Bernstein Autonomous LLP Timur Braziler - UBS Investment Bank, Research Division David Smith - Truist Securities, Inc., Research Division David Chiaverini - Jefferies LLC, Research Division Sun Young Lee - TD Cowen, Research Division Anthony Elian - JPMorgan Chase & Co, Research Division Jon Arfstrom - RBC Capital Markets, Research Division Presentation Operator Greetings.

Zions Bancorporation, N.A. NASDAQ: ZION reported third-quarter 2026 net earnings available to common shareholders of $262 million, or $1.78 per share, as higher net interest income and customer-related fee income helped drive year-over-year improvement.

While the top- and bottom-line numbers for Zions (ZION) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zions (ZION) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.54 per share a year ago.

SALT LAKE CITY, Oct. 19, 2026 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) ("Zions" or "the Bank") today reported net earnings applicable to common shareholders of $262 million, or $1.78 per diluted common share, for the third quarter of 2026.

Evaluate the expected performance of Zions (ZION) for the quarter ended September 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.