Zions Bancorporation, National Association reported third quarter 2026 net earnings applicable to common shareholders of $262 million, or $1.78 per diluted share, up from $221 million, or $1.48 in third quarter 2025, driven primarily by improved credit performance.
Statements concerning the beliefs, plans, objectives, goals, targets, commitments, designs, guidelines, expectations, anticipations, and future financial condition, operating results, and performance of Zions Bancorporation, National Association, and its subsidiaries (collectively “Zions Bancorporation, N.A.,” “the Bank,” “we,” “our,” “us”);Our financial performance in the third quarter of 2026 reflected strong year-over-year earnings growth. Net earnings applicable to common shareholders increased to $262 million, or $1.78 per diluted share, from $221 million, or $1.48 per diluted share, in the third quarter of 2025. The increase was primarily driven by improved credit performance.Open the document at this passage
Zion Bank Corporation reported third-quarter 2026 net income available to common of $262 million, or $1.78 per share, up 20% year over year. Its Basis Investment Group multifamily agency acquisition closed in the third quarter, with 2027 revenue expected at $17 to $20 million.
Zions Bancorporation reported third quarter 2026 net earnings of $262 million and diluted EPS of $1.78, up from $221 million and $1.48 a year earlier. Net interest income rose 2% to $684 million with NIM of 3.23%, and the CET1 capital ratio reached 11.8%.
TL;DR.Third-quarter EPS rose 20% year over year as credit losses fell sharply, customer deposits grew, fee income advanced, capital strengthened, and the 3Q27 outlook calls for 8%–12% NII growth and 6%–9% adjusted fee-income growth. Margin compression, PPNR and efficiency deterioration, higher expenses, reduced operating leverage, flat sequential loan growth, and a larger AOCI loss remain concerns.
Bullish
+Third-quarter EPS increased 20% year over year to $1.78 as net charge-offs fell to $3 million from $56 million.
+The provision for credit losses shifted to an $8 million benefit from a $49 million expense.
Bearish
−AOCI deteriorated by $122 million sequentially as higher market interest rates reduced the fair value of available-for-sale securities.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
557 of 611 funds reported for Sep 30 · net +819.6K sh shares · +64 new
Insider flowDistributing
Net -$181.2K over 90 days · 100% sells
Short interestFalling
4.50% of shares out · ▼ -11.2% MoM · 3.8 days cover
Volume signalNormal
Volume near normal
Institution breadthMulti-yr high
611 holders — near 3-yr high, broad support
Squeeze score58
elevated · 0–100
Fundamentals
Strong
Revenue growth+4%
Y/Y
EPS growth+21%
Y/Y
Free cash flow$952.0M
ValuationP/E 8.1
below peers
Buyback$72.0M
authorized
Balance sheet$3.9B
net debt
Quant / Vol
risk profile
Low
Volatility25%
annualized · 1-yr
Max drawdown−19%
past year
ATR2.2%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
what management promised — and delivered
Latest guidance
· from the Earnings Call filed Oct 19, 2026
For 2027
Revenue
$17M – $20M
Expense
$12M – $13M
Over the medium term
Annual revenue
$30M – $40M
the third quarter of 2027
Loan growth
2% – 4%
medium term
Contribution
$30M – $40M
full year 2027
Expenses
$12M – $13M
Previous outlook
earlier release· from the Earnings Call filed Mar 31, 2026
Still-open targets the latest release did not restate under the same label.
RWA relief
· 9% – 10%
Annual revenue from new oil and gas hedging practice
· annual$7M – $10M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holdersBuy
0 · 3 · 3
50 / 200-day cross
No crossNeutral
Price vs 200-day avg
+3%Bullish
Price vs 50-day avg
+2%Bullish
RSI (14)
55Neutral
MACD trend
PositiveBullish
52-week position
71%Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)No cross
50d $65 › 200d $64 — 50d above 200d
Institutional flowAccumulating
557 of 611 funds reported for Sep 30 · net +819.6K sh shares · +64 new
Insider flowDistributing
Net -$181.2K over 90 days · 100% sells
Short interestFalling
4.50% of shares out · ▼ -11.2% MoM · 3.8 days cover
Volume signalNormal
Volume near normal
Institution breadthMulti-yr high
611 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low$49Now $66 · 71%Range high$73
vs 200-day avg +3%vs 50-day avg +2%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings
Metric
Latest
Period
YoY
Adjusted customer-related noninterest income (non-GAAP)non-GAAP
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Zions Bancorporation, National Association reported third quarter 2026 net earnings applicable to common shareholders of $262 million, or $1.78 per diluted share, up from $221 million, or $1.48 in third quarter 2025, driven primarily by improved credit performance.
Dividends per share over the trailing 365 days by ex-date · buyback figures as last
reported in SEC filings ("spent" derived as authorized − remaining; when several
programs run concurrently, authorized is their combined total per the newest filing) ·
components shown separately — trailing-year buyback spend isn't tracked, so no
combined shareholder yield is derived.
