NASDAQ$ZION
Zions Bancorp NA · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Zions' financial performance was marked by solid results overshadowed by industry concerns, with increased net earnings and net interest income.
Zions Bancorporation reported a net earnings increase to $198 million, with diluted EPS of $1.33, driven by a 25% increase in net interest income. The bank's NIM rose to 3.33%, while deposits decreased by 16%.
- Net earnings increased to $198 million, with diluted EPS at $1.33.
- Net interest income rose by 25% to $679 million, with a NIM of 3.33%.
- Loans and leases increased by 10% to $56.3 billion.
- Deposits decreased by 16% to $69.2 billion.
Headline financials
Revenue & EPS history
Zions · Revenue · Quarterly
$151M
Forward guidance
Events during the quarter accelerated a change in funding mix and costs that we expect will reduce the near-term quarterly ‘run rate’ of revenue by approximately 4%, we expect an increased focus on operating costs will offset a portion of this impact.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+0.1%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+3.1%
Avg return
30 days after
49%
34 / 69 earnings
Positive
+16.9%
Q2 2023
Best reaction
-12.2%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | +2.0% | +0.3% | |
| Q4 2025 | +4.2% | -2.7% | -2.0% | |
| Q3 2025 | +1.4% | +2.2% | -3.0% | |
| Q2 2025 | -2.0% | +0.0% | +8.6% | |
| Q1 2025 | -1.1% | +2.8% | +7.7% | |
| Q4 2024 | +0.1% | +1.0% | -5.0% | |
| Q3 2024 | +2.5% | +0.2% | +14.5% | |
| Q2 2024 | +7.2% | +6.8% | -3.9% | |
| Q1 2024 | +4.6% | +4.6% | +9.7% | |
| Q4 2023 | +2.8% | +5.8% | -4.9% | |
| Q3 2023 | -12.2% | -18.2% | -1.8% | |
| Q2 2023 | +16.9% | +14.2% | +7.1% | |
| Q1 2023 | +2.2% | -7.2% | -12.1% | |
| Q4 2022 | +0.6% | +3.7% | -4.2% | |
| Q3 2022 | +7.7% | +7.8% | +7.7% | |
| Q2 2022 | -1.0% | +0.9% | +6.0% | |
| Q1 2022 | -8.1% | -7.0% | -9.5% | |
| Q4 2021 | +7.7% | +10.4% | +12.9% | |
| Q3 2021 | +1.8% | +6.8% | +6.7% | |
| Q2 2021 | +1.2% | +2.5% | +8.1% | |
| Q1 2021 | -6.7% | -3.3% | +2.3% | |
| Q4 2020 | -1.7% | -2.1% | +1.8% | |
| Q3 2020 | -2.0% | +6.6% | +25.0% | |
| Q2 2020 | +3.6% | +3.3% | +1.1% | |
| Q1 2020 | -1.5% | +1.3% | +7.0% | |
| Q4 2019 | -5.7% | -8.1% | -8.8% | |
| Q3 2019 | +7.5% | +7.2% | +9.3% | |
| Q2 2019 | -7.1% | -2.0% | -11.2% | |
| Q1 2019 | +3.3% | +3.1% | -4.0% | |
| Q4 2018 | +2.3% | +3.5% | +8.2% | |
| Q3 2018 | +0.4% | -0.9% | +0.3% | |
| Q2 2018 | -1.4% | -2.5% | +2.0% | |
| Q1 2018 | +2.4% | +3.3% | +7.8% | |
| Q4 2017 | +0.8% | +0.5% | +4.0% | |
| Q3 2017 | -0.9% | +0.7% | -0.9% | |
| Q2 2017 | +3.0% | +2.1% | +0.1% | |
| Q1 2017 | -0.9% | -2.0% | -0.4% | |
| Q4 2016 | +0.2% | +1.6% | +5.4% | |
| Q3 2016 | -0.8% | -0.8% | +21.0% | |
| Q2 2016 | +6.4% | +6.0% | +11.9% | |
| Q1 2016 | +0.6% | — | — | |
| Q4 2015 | -1.2% | — | — | |
| Q3 2015 | +0.7% | — | — | |
| Q2 2015 | +3.5% | — | — | |
| Q1 2015 | -0.6% | — | — | |
| Q4 2014 | -0.4% | — | — | |
| Q3 2014 | +3.3% | — | — | |
| Q2 2014 | +1.3% | — | — | |
| Q1 2014 | -2.0% | — | — | |
| Q4 2013 | -1.6% | — | — | |
| Q3 2013 | -6.8% | — | — | |
| Q2 2013 | -2.1% | — | — | |
| Q1 2013 | +2.1% | — | — | |
| Q4 2009 | -0.3% | — | — | |
| Q4 2012 | -1.0% | — | — | |
| Q3 2012 | -1.4% | — | — | |
| Q2 2012 | -4.2% | — | — | |
| Q1 2012 | -2.3% | — | — | |
| Q4 2010 | -1.2% | — | — | |
| Q4 2008 | -1.2% | — | — | |
| Q4 2011 | -1.2% | — | — | |
| Q3 2011 | -7.3% | — | — | |
| Q2 2011 | -7.3% | — | — | |
| Q1 2010 | +1.1% | — | — | |
| Q1 2011 | +1.7% | — | — | |
| Q3 2010 | +0.6% | — | — | |
| Q3 2009 | +0.6% | — | — | |
| Q2 2010 | -0.8% | — | — | |
| Q2 2009 | -0.8% | — | — |
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