AlphAIAlphAI — Financial news for AI agents
finance.yahoo.comOCT 202 min read$ZION

Zions (ZION) Q3 2026 Earnings Call Transcript

Zions (ZION) reported Q3 2026 net interest margin at 3.23%, down from prior periods. Loans grew 3.7% annualized, deposits 8.8%. Adjusted pre-provision net revenue was $338M, up 2% QoQ. The company acquired a multifamily agency lending business, expecting $17M-$20M revenue in 2027. Wealth management and strategic products drive growth. Net interest income rose 1% QoQ to $684M, but margin declined due to higher deposit costs.

Original reporting
finance.yahoo.com
Published Oct 20, 2026, 2:28 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 20, 2026, 2:44 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
Zions (ZION) Q3 2026 Earnings Call Transcript — source image
Source · finance.yahoo.com
Decision brief

The 30-second read

$ZIONBearishMed
01

Why it matters

The earnings release provides fresh data on profitability and strategic expansion, influencing short‑term price action.

02

Market read

Earnings data may affect ZION and peer regional banks, especially those with similar deposit‑loan profiles.

03

What to watch

Potential upside from wealth management expansion and new multifamily franchise.

Relevance 7/10Novelty 7/10Timing: post‑earnings release today

Background

Zions Bancorporation reported its Q3 2026 earnings, highlighting net interest margin, loan and deposit growth, and a recent multifamily agency acquisition.

Company-level read

Ticker impact

$ZIONBearishHigh confidence
Context

Q3 2026 earnings call disclosed net interest margin of 3.23% and loan/deposit growth, plus a $4M acquisition expense.

Expected impact

likely downside as investors price lower margin and integration expense

Evidence & confidence

Margin fell 4 bps YoY and acquisition added $4M expense; guidance suggests modest growth, prompting sell pressure.

Market effects

Sector

Banking sector may see pressure on margins if deposit costs rise broadly.

Regional

Western U.S. regional banks could be impacted by similar deposit‑loan dynamics.

Global

Limited to U.S. regional banking landscape.

Counterpoint

What could challenge this read

Margin compression may be temporary; acquisition could drive long‑term revenue growth.

Key entities

  • company
    Zions Bancorporation

    U.S. regional bank (ticker ZION) reporting Q3 2026 results.

Read at source← All news

StoryZions Bancorporation posts 20% earnings rise in Q3 2026 and completes Basis multifamily acquisition

Also covered by

5 outlets

Related articles

OCT 20
$ZIONMed

TD Cowen reiterates Hold rating on Zions Bancorp, $69 price target

TD Cowen maintained a Hold rating on Zions Bancorp with a $69 price target, implying a 298.8% upside from the Oct 19 close of $17.30. The bank's recent earnings missed expectations due to weaker net interest income and higher expenses, raising concerns about growth and execution risk. Loan growth guidance is modest, and the bank relies on net interest margin expansion for income.

tradingview.com1 min
OCT 20
$ZIONMed

DA Davidson raises Zions Bancorp stock price target on earnings beat

DA Davidson raised its price target for Zions Bancorp (ZION) to $80 from $79, citing an earnings beat driven by provision benefits. The bank reported core EPS of $1.73, exceeding forecasts. ZION trades at a P/E of 8.05 and PEG of 0.17. Six analysts revised earnings upwards. The bank projects 8%-12% net interest income growth. Q3 2026 EPS was $1.78, beating estimates, but revenue missed forecasts. Jefferies lowered its target to $75.

investing.com2 min
OCT 20
$ZIONMed

Jefferies cuts Zions Bancorp stock price target on NII miss

Jefferies reduced Zions Bancorp's (ZION) price target to $75 from $80, citing a net interest income (NII) miss, though it maintained a Buy rating. ZION reported core EPS of $1.77, beating estimates, but core pre-provision net revenue missed expectations. The stock has a P/E ratio of 8.05 and a PEG ratio of 0.19, suggesting undervaluation. ZION guided for 8-12% NII growth over the next 12 months and a mid-3% net interest margin by 2027.

investing.com2 min
OCT 20
$ZIONHighAI 8/10

Zions Bancorp NA (ZION) (Q3 2026) Earnings Call Highlights: Earnings Jump 20% as Deposits

Zions Bancorp (ZION) reported Q3 2026 earnings up 20%, driven by deposit growth. Net interest margin fell 4 basis points sequentially. Full-year 2026 operating leverage guidance was cut to 40-50 basis points. Loan growth outlook was reduced to 2-4% for Q3 2027, with caution on commercial real estate. Deposit costs are expected to rise to 2%. The company anticipates $17-20M revenue from the Basis acquisition in 2027. Share buybacks may increase, subject to regulatory approval.

finance.yahoo.com3 min
OCT 20
$ZIONMed

Zions Bancorporation Q3 Earnings Improve

Zions Bancorporation reported Q3 2026 earnings per share rose 20% to $1.78, driven by improved credit quality. Net income increased to $262M from $221M YoY. Non-interest income and net interest income also grew, while total interest income declined slightly.

rttnews.com2 min
OCT 20
$ZIONHigh

What Zions Bancorporation, N.A. (ZION) Said on Its Q3 Earnings Call

Zions Bancorporation (ZION) reported Q3 2027 earnings, expecting net interest income to rise 8-12% YoY. Deposit costs increased 11 basis points, with fee income up 5% YoY. The bank acquired Basis Investment Group's multifamily agency lending business, expecting $17-20M revenue in 2027. Loans grew 3.7% annualized, with stable credit quality and capital ratios.

finance.yahoo.com3 min