These Analysts Revise Their Forecasts On Zions Bancorp After Q1 Results
These Analysts Revise Their Forecasts On Zions Bancorp After Q1 Results
Zions Bancorporation, N.A. (NASDAQ:ZION) reported upbeat earnings for its first quarter on Monday.
北卡羅來納州錫安銀行（納斯達克股票代碼：ZION）週一公佈了樂觀的第一季度收益。
The company posted a first-quarter FY24 revenue decline of 11.6% year-on-year to $742 million, missing the analyst consensus estimate of $743.481 million. Adjusted EPS of $1.03 beat the analyst consensus estimate of 98 cents, according to data from Benzinga Pro.
該公司公佈的24財年第一季度收入同比下降11.6％，至7.42億美元，未達到分析師共識估計的7.43481億美元。根據Benzinga Pro的數據，調整後的每股收益爲1.03美元，超過了分析師普遍預期的98美分。
Pre-provision net revenue (PPNR) was $226 million, a 33% decline. Loans and leases increased 3% to $58.1 billion. Nonperforming assets were $254 million, or 0.44% of loans and leases, and the total deposits increased 7% to $74.2 billion.
撥備前淨收入（PPNR）爲2.26億美元，下降33％。貸款和租賃增長了3％，達到581億美元。不良資產爲2.54億美元，佔貸款和租賃的0.44％，存款總額增長了7％，達到742億美元。
Harris H. Simmons, Chairman and CEO of Zions Bancorporation, commented, "First quarter results continued to reflect the adverse impact on net interest income of the bank failures a year ago, with taxable-equivalent revenue down 11.3% from the prior year. We nevertheless saw incremental improvement in our net interest margin and earning asset growth, and adjusted operating expenses (which exclude an additional FDIC special assessment related to last year's bank failures) increased a modest 0.4% from last year's quarter."
錫安銀行董事長兼首席執行官哈里斯·西蒙斯評論說：“第一季度的業績繼續反映出一年前銀行倒閉對淨利息收入的不利影響，應納稅等值收入比上年下降了11.3％。儘管如此，我們的淨利率和盈利資產增長逐步改善，調整後的運營支出（不包括與去年銀行倒閉相關的聯邦存款保險公司額外特別評估）比去年同期小幅增長了0.4％。”
Zions Bancorporation shares rose 1.6% to trade at $41.99 on Tuesday.
週二，錫安銀行股價上漲1.6％，至41.99美元。
These analysts made changes to their price targets on Zions Bancorporation following earnings announcement.
業績公佈後，這些分析師調整了Zions Bancorporation的目標股價。
- RBC Capital raised the price target on Zions Bancorporation from $46 to $47. RBC Capital analyst Jon Arfstrom maintained a Sector Perform rating.
- UBS lowered the price target on Zions Bancorporation from $47 to $45. UBS analyst Erika Najarian maintained a Neutral rating.
- 加拿大皇家銀行資本將錫安銀行的目標股價從46美元上調至47美元。加拿大皇家銀行資本分析師喬恩·阿夫斯特羅姆維持行業表現評級。
- 瑞銀將錫安銀行的目標股價從47美元下調至45美元。瑞銀分析師埃裏卡·納哈里安維持中性評級。
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譯文內容由第三人軟體翻譯。