SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Zions Bancorp (ZION) on Monday reported first-quarter profit of $233 million.
The Salt Lake City-based bank said it had earnings of $1.56 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The financial holding company posted revenue of $1.18 billion in the period. Its revenue net of interest expense was $860 million, which missed Street forecasts. Six analysts surveyed by Zacks expected $862 million.
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