Zions (ZION) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Financial Performance - Zions reported $806 million in revenue for Q1 2025, a year-over-year increase of 7.2% [1] - EPS for the same period was $1.24, up from $1.03 a year ago, exceeding the consensus estimate of $1.20 by 3.33% [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $808.26 million, resulting in a surprise of -0.28% [1] Key Metrics - Net interest margin was 3.1%, matching the five-analyst average estimate [4] - Average balance of total interest-earning assets was $83 billion, slightly below the estimated $83.09 billion [4] - Efficiency ratio stood at 66.6%, higher than the average estimate of 65.5% [4] - Net charge-offs to average loans and leases were 0.1%, better than the estimated 0.2% [4] - Total nonperforming assets amounted to $307 million, exceeding the average estimate of $292.62 million [4] - Tier 1 leverage ratio was 8.4%, below the average estimate of 8.6% [4] - Tier 1 risk-based capital ratio was 10.9%, lower than the average estimate of 11.4% [4] - Total risk-based capital ratio was 13.3%, slightly below the average estimate of 13.4% [4] - Total nonaccrual loans were $305 million, higher than the average estimate of $287.48 million [4] - Total noninterest income was $171 million, exceeding the estimated $169.93 million [4] - Commercial account fees were $45 million, slightly below the average estimate of $46.06 million [4] - Other customer-related fees were $14 million, in line with the average estimate of $14.51 million [4] Stock Performance - Zions shares have returned -10.6% over the past month, compared to the S&P 500 composite's -5.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]