Zions Q1 2026 EPS jumps 38% to $1.56; credit quality improves, $225M buyback authorized

Filed May 7, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 8, 2025 · ~1 min read

Key Changes

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  Diluted EPS rose 38% year-over-year to $1.56 (vs. $1.13 in Q1 2025), driven by net interest margin expansion to 3.27% (up 17 bps) and a $7 million credit loss reserve release reflecting lower commercial real estate risk.

  MD&A: Earnings Performance verify on EDGAR →
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  Credit quality strengthened: net charge-offs fell to $4M (0.03% annualized) from $16M (0.11%), and classified loans declined $600M to $2.3B (3.80% of portfolio) from $2.9B (4.82%) a year earlier.

  MD&A: Credit Metrics verify on EDGAR →
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  Share repurchases accelerated to $77M (1.3M shares at $60.79) in Q1 2026 vs. $40M in Q1 2025; management announced a $225M buyback authorization for the remainder of 2026.

  MD&A: Capital Management verify on EDGAR →