Zions Bancorporation, National Association reported a solid financial performance for the fiscal year ending December 31, 2025, with net revenue reaching $3.4 billion, a notable increase of 8% compared to $3.1 billion in 2024. The bank's net interest income rose by $197 million, or 8%, to $2.6 billion, driven by lower funding costs and a favorable shift in the composition of interest-earning assets. The diluted earnings per share (EPS) increased by 21% to $6.01, up from $4.95 in the previous year, reflecting improved profitability despite a 4% rise in noninterest expenses, which totaled $2.1 billion.
In terms of operational metrics, Zions Bancorporation served over one million customers through 407 branches across 11 Western states, maintaining a workforce of 9,195 full-time equivalent employees. The bank's total assets increased slightly to approximately $89 billion, up from $88.8 billion in 2024. The efficiency ratio improved to 62.6%, indicating better operational leverage as revenue growth outpaced expense increases. The bank's total loans and leases also grew by $1.5 billion, or 3%, primarily due to increases in commercial and industrial loans, as well as term commercial real estate loans.
Strategically, Zions Bancorporation made significant moves, including the acquisition of four branches from FirstBank in California, which added approximately $630 million in deposits and $420 million in loans. The bank's capital management strategy remains robust, with a common equity tier 1 (CET1) capital ratio of 11.5%, exceeding the regulatory minimum of 6.5%. The bank's total allowance for credit losses (ACL) was $724 million, representing 1.19% of total loans and leases, reflecting a decrease from the previous year, indicating improved credit quality.
Looking ahead, Zions Bancorporation expressed optimism about its growth trajectory, supported by its diversified product offerings and strong customer relationships. The bank plans to continue investing in technology and operational efficiency to enhance customer service and maintain competitive advantages in the evolving financial landscape. However, management acknowledged potential risks, including economic uncertainties and regulatory changes, which could impact future performance. The bank's proactive risk management framework aims to address these challenges while supporting its strategic objectives.
About ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/
Zions Bancorporation is a regional bank providing a broad range of banking services, including commercial, small business, retail, and wealth management, primarily in the Western and Southwestern U.S. It offers lending, deposit, treasury, and investment products, emphasizing local community relationships, personalized service, and community engagement. Its business model centers on regional divisions supported by centralized risk management, technology, and strategic oversight.
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