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Zions Bancorporation, National Association (ZION) Q1 2026 Earnings Call Transcript

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⚡ Quantum Brief
Zions Bancorporation reported Q1 2026 earnings per share of $1.54, surpassing estimates by $0.11, with revenue of $860 million—up 6.7% year-over-year—beating projections by $4.55 million. CEO Harris Simmons and CFO Ryan Richards led the earnings call on April 20, 2026, highlighting strong financial performance amid economic uncertainty and outlining strategic priorities for sustained growth. The company emphasized robust credit quality, with Chief Credit Officer Derek Steward noting stable loan portfolios and controlled delinquency rates despite broader market volatility. Analysts from major firms, including JPMorgan, Morgan Stanley, and Deutsche Bank, questioned management on interest rate risks, deposit trends, and capital allocation strategies during the live session. Management reaffirmed guidance for 2026, citing disciplined cost management and targeted investments in digital banking as key drivers for future profitability.
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Zions Bancorporation, National Association (ZION) Q1 2026 Earnings Call Transcript

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SA Transcripts159.37K FollowersFollow5ShareSaveCommentsQ1: 2026-04-20 Earnings SummaryPlay CallPlay CallSlidesPREPS of $1.54 beats by $0.11 | Revenue of $860.00M (6.70% Y/Y) beats by $4.55M Zions Bancorporation, National Association (ZION) Q1 2026 Earnings Call April 20, 2026 5:30 PM EDT Company Participants Andrea ChristoffersenHarris Simmons - Chairman & CEOR. Richards - Executive VP & CFOScott McLean - President, COO & DirectorDerek Steward - Executive VP & Chief Credit Officer Conference Call Participants John Pancari - Evercore ISI Institutional Equities, Research DivisionManan Gosalia - Morgan Stanley, Research DivisionDavid Rochester - Cantor Fitzgerald & Co., Research DivisionBernard Von Gizycki - Deutsche Bank AG, Research DivisionDavid Chiaverini - Jefferies LLC, Research DivisionDavid Smith - Truist Securities, Inc., Research DivisionKenneth Usdin - Bernstein Autonomous LLPPeter Winter - D.A. Davidson & Co., Research DivisionSun Young Lee - TD Cowen, Research DivisionAnthony Elian - JPMorgan Chase & Co, Research DivisionJon Arfstrom - RBC Capital Markets, Research DivisionChristopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Greetings, and welcome to Zions Bancorp's First Quarter Earnings Conference Call. [Operator Instructions]. Please note that this conference is being recorded. It is now my pleasure to turn the conference over to Andrea Christoffersen. Thank you. You may begin.

Andrea Christoffersen Thank you, Julian, and good evening, everyone. Welcome to our conference call to discuss Zions Bancorporation's First Quarter 2026 Results. My name is Andrea Christoffersen, Director of Investor Relations. Before we begin, I would like to remind you that during this call, we will make forward-looking statements. Actual results may differ materially. We encourage you to review the forward-looking statements and non-GAAP disclosures in our press release and on Slide 2 of today's presentation, which apply equally to statements made during this call. A copy of the earnings release and presentation are available at zionsbancorporation.com. For our agenda today, Chairman and Chief Executive Officer, Harris Simmons, will provide opening remarks. Following Harris' comments, Chief Financial Officer, Ryan Richards, will review our financial results and outlook. Also with us

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