Zions Bancorp (ZION) has reported an increase in profits for the third quarter, surpassing analysts' expectations. The company announced earnings of $204 million, or $1.37 per share, compared to the previous year's third-quarter profits of $168 million, or $1.13 per share. According to data collected by Thomson Reuters, analysts had, on average, projected the company's earnings to be $1.17 per share, typically excluding any special items.
Here is a summary of Zions Bancorp's earnings following Generally Accepted Accounting Principles (GAAP):
- Third Quarter Earnings: $204 million, up from $168 million the previous year.
- Third Quarter Earnings Per Share (EPS): $1.37, an increase from $1.13 last year.
