Zions Bancorporation, National Association (ZION) Q3 FY2026 earnings

Zions Bancorporation, National Association (ZION) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 19 October 2026. Net income was $263 million, up 18.5% on the year, and diluted earnings per share $1.78. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

RevenueNot yetwith the 10-Q

Net income$263 millionup 18.5%

Diluted EPS$1.78$1.48 a year earlier

QuarterQ3 FY2026ended 30 September 2026

What management said

Earnings per share rose to $1.78: Net earnings applicable to common shareholders were $262 million and diluted EPS $1.78, up from $221 million and $1.48 a year earlier. Second-quarter figures were $452 million and $3.05.
Improved credit quality lifted earnings: Management attributed higher earnings mainly to improved credit quality, with net loan charge-offs of $3 million against $56 million a year earlier.
Margin fell despite higher income: Net interest margin was 3.23%, against 3.28% a year earlier and 3.27% in the second quarter. Deposit growth reduced reliance on higher-cost borrowed funds.

Read the earnings call summary

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	n/a	182	163	n/a
Net income	263	453	222	+18.5%
Diluted EPS	$1.78	$3.05	$1.48	+20.3%

$ million except per share.

Q3 FY2026 is from the company's press release of 19 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right; revenue will come with the 10-Q.

Quarterly results, the last 20 quarters filed

	Q3 FY2021	Q4 FY2021	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024 †	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	694	743	686	765	828	873	839	780	765	731	742	777	792	820	158	164	163	177	172	182
Interest expense	14.0	13.0	11.0	15.0	44.0	115	241	386	425	457	468	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net income	240	213	203	203	217	284	204	175	175	126	153	201	214	216	170	244	222	263	233	453
Net margin	35%	29%	30%	27%	26%	33%	24%	22%	23%	17%	21%	26%	27%	26%	108%	149%	136%	149%	135%	249%
Diluted EPS	$1.45	$1.34	$1.27	$1.29	$1.40	$1.84	$1.33	$1.11	$1.13	$0.78	$0.96	$1.28	$1.37	$1.34	$1.13	$1.63	$1.48	$1.76	$1.56	$3.05
Operating cash flow	180	166	288	516	172	494	221	598	311	-245	261	251	119	517	179	-62.0	438	518	423	422
Capital expenditure	69.0	53.0	53.0	49.0	52.0	36.0	31.0	22.0	31.0	29.0	30.0	17.0	22.0	28.0	27.0	31.0	25.0	38.0	25.0	33.0
Free cash flow	111	113	235	467	120	458	190	576	280	-274	231	234	97.0	489	152	-93.0	413	480	398	389
Buybacks	324	325	51.0	50.0	50.0	51.0	50.0	0.0	0.0	1.0	35.0	0.0	0.0	1.0	41.0	0.0	0.0	0.0	77.0	75.0
Dividends paid	70.0	62.0	66.0	64.0	70.0	69.0	69.0	69.0	73.0	71.0	71.0	72.0	72.0	74.0	66.0	65.0	68.0	68.0	68.0	68.0
Shares outstanding	157m	152m	151m	150m	150m	149m	148m	148m	148m	148m	148m	148m	148m	148m	148m	148m	148m	148m	147m	146m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 19 October 2026 with a Form 8-K: the release.