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Market Impact: 0.4

Zions Q1 Earnings Beat on Higher NII & Fee Income, Provision Benefit

ZION
Corporate EarningsCompany FundamentalsBanking & LiquidityCredit & Bond MarketsAnalyst EstimatesCorporate Guidance & Outlook

ZION topped Q1 EPS estimates on stronger net interest income and fee income, with improving credit quality and margins supporting the quarter. However, rising expenses and a revenue miss temper the results and keep the outlook mixed. The report is constructive for fundamentals but not a clean upside surprise.

Analysis

ZION topped Q1 EPS estimates on stronger net interest income and fee income, with improving credit quality and margins supporting the quarter. However, rising expenses and a revenue miss temper the results and keep the outlook mixed. The report is constructive for fundamentals but not a clean upside surprise.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

ZION0.45