Zions Bancorporation National Association Full Year 2024 Earnings: Beats Expectations

Zions Bancorporation National Association (NASDAQ:ZION) Full Year 2024 Results

Key Financial Results

• Revenue: US$3.06b (up 2.5% from FY 2023).
• Net income: US$737.0m (up 15% from FY 2023).
• Profit margin: 24% (up from 22% in FY 2023).
• EPS: US$5.01 (up from US$4.35 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Zions Bancorporation National Association Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%.

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Zions Bancorporation National Association's balance sheet.

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