Zions Bancorporation(US:ZION)2025-04-22 00:49Financial Performance - Net earnings to common were $169 million in 1Q25, a decrease of $31 million compared to 4Q24 and an increase of $26 million compared to 1Q24[8, 10] - Net interest margin increased to 310% in 1Q25, up 5 basis points from 4Q24 and 16 basis points from 1Q24[8] - Adjusted pre-provision net revenue was $267 million in 1Q25, a 14% decrease compared to 4Q24 and a 10% increase compared to 1Q24[8, 10] - Net charge-offs were 011% of loans annualized in 1Q25[8, 10] Balance Sheet and Loan Portfolio - Average loans grew 05% versus prior quarter, while average customer deposits experienced a seasonal decline of 12%[10] - Total investment securities and money market investments were $187 billion and $29 billion respectively at the end of 1Q25, representing 26% of earning assets[57] - Commercial real estate portfolio is $136 billion, representing 23% of total loans[69] Credit Quality - Allowance for credit losses was 124% of total loans and leases, down one basis point from the previous quarter[65] - Nonperforming assets were 051% of loans plus OREO[68] - Classified loans were 48% of total loans[68] Outlook - Loan balances are expected to be stable to slightly increasing[90] - Net interest income is expected to increase slightly to moderately[90] - Customer-related noninterest income is expected to increase slightly to moderately[90]