NASDAQ$ZION

Zions Bancorp NA · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Zions' financial performance was dampened by flat loan volumes and restructuring charges.

Zions Bancorporation reported Q4 2019 net earnings of $174 million, with diluted EPS of $0.97. Results were impacted by flat loan volumes and severance and restructuring charges. The company saw strong growth in average deposit balances and relative stability in net interest margin.

  • Net interest income was $559 million, compared to $576 million in the prior year.
  • Net interest margin was 3.46%, compared to 3.67% in the prior year.
  • Average total deposits increased to $56.7 billion, compared to $54.2 billion in the prior year.
  • Nonperforming assets were $251 million, down 2% from the prior year.

Headline financials

Total Revenue

$711M

Previous: $716M-0.7%
EPS (adj)

$1.13

Previous: $1.08+4.6%
Capital Expenditures

$23M

Previous: $39M-41.0%
Free Cash Flow

$328M

Previous: $312M+5.1%
Net Income

$183M

Previous: $226M-19.0%
Operating Income

$235M

No prior period
Gross Profit

$711M

Previous: $716M-0.7%
Cash & Equivalents

$705M

Previous: $614M+14.8%
Total Assets

$69.2B

Previous: $68.7B+0.6%
Stock-Based Comp

$4M

Previous: $4M+0.0%

Revenue & EPS history

Zions · Revenue · Quarterly

$711M

Q4 2019-0.7%vs Q4 2018
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Zions Bancorporation expects economic conditions to remain vibrant and credit quality to continue to be relatively strong in 2020.

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 Q4 2019

Historical avgQ4 2019

+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

Earnings price reactions
QuarterReport dateReaction (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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