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FX.co ★ Zions Bancorp Reports Advance In Q3 Income, Beats Estimates

Zions Bancorp Reports Advance In Q3 Income, Beats Estimates

Zions Bancorp (ZION) has reported an increase in profits for the third quarter, surpassing analysts' expectations. The company announced earnings of $204 million, or $1.37 per share, compared to the previous year's third-quarter profits of $168 million, or $1.13 per share. According to data collected by Thomson Reuters, analysts had, on average, projected the company's earnings to be $1.17 per share, typically excluding any special items.

Here is a summary of Zions Bancorp's earnings following Generally Accepted Accounting Principles (GAAP):

- Third Quarter Earnings: $204 million, up from $168 million the previous year.

- Third Quarter Earnings Per Share (EPS): $1.37, an increase from $1.13 last year.

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