Zions Bancorporation, N.A. reports 2Q26 Net Earnings of $452 million, diluted EPS of $3.05 (or $1.74 excluding notable items)
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exh991earningsrelease20260.htm EX-99.1 Document Zions Bancorporation, N.A. One South Main Salt Lake City, UT 84133 July 20, 2026 www.zionsbancorporation.com Second Quarter 2026 Financial Results: FOR IMMEDIATE RELEASE Investor Contact: Dave Riches (801) 844-7752 Media C
How this was made
The 30-second read
Why it matters
Traders can update expectations for Zions’ near-term earnings power using reported NIM, PPNR, credit loss metrics, and capital ratios, while separating core performance from notable investment gains.
Market read
The filing contains quantified earnings, margin, credit quality, deposit, and capital details that can drive same-day positioning and near-term estimates.
What to watch
Investors may discount the notable items and instead scrutinize the sustainability of PPNR excluding gains, deposit mix (brokered vs customer), and the trajectory of classified loans and NPA ratio.
Background
This is an SEC 8-K with an attached earnings release for Zions Bancorporation’s second quarter 2026 results (Item 2.02).
Ticker impact
Zions Bancorporation reported 2Q26 net earnings of $452M and diluted EPS of $3.05, with NIM 3.27% and CET1 11.8%.
Likely supportive for near-term sentiment given higher earnings, improved tangible book value, and low net charge-offs, though investors may focus on the Visa and SBIC gains as non-core.
The article discloses multiple quantified operating and capital datapoints (EPS, NIM, PPNR, charge-offs, NPA, CET1, tangible book) plus the specific notable items driving EPS.
Market effects
Adds another regional bank datapoint on NIM, credit quality, and capital strength, useful for read-across to peers’ earnings expectations.
May modestly influence sentiment toward US regional banks with similar deposit and credit profiles.
Limited direct global impact; primarily affects US financials sentiment and rate/credit expectations.
Counterpoint
EPS outperformance is partly driven by large gains on Visa Class B-1 shares and SBIC unrealized gains, which may not be repeatable.
Key entities
- companyZions Bancorporation, N.A.
Reported 2Q26 net earnings, EPS, NIM, credit metrics, deposits, and capital ratios in an SEC 8-K earnings release.
- investmentVisa Class B-1 shares
Zions recorded a $215M gain (notable item) that materially boosted EPS in 2Q26.
- investmentSBIC investments
Zions recorded $37M of net unrealized gains (notable item) in 2Q26.
