Zions Bancorporation NA Q3 2020 Earnings Call Summary - Thomson StreetEvents

Zions Bancorporation NA Q3 2020 Earnings Call Summary

Zions Bancorporation NA Q3 2020 Earnings Call Summary - Thomson StreetEvents
Zions Bancorporation NA Q3 2020 Earnings Call Summary
Published Oct 19, 2020
19 pages (10478 words) — Published Oct 19, 2020
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of ZION.OQ earnings conference call or presentation 19-Oct-20 9:30pm GMT

  
Brief Excerpt:

...A. Highlights: EPS back to a level experienced throughout much of 2019. 1. Although revenue declined somewhat from what Co. experienced then, noninterest expense declined moderately, resulting in adjusted pre-provision net revenue, excluding charitable contribution Co. made during qtr., of $297m. a. i. Somewhat stronger than quarterly avg. in 2019. 2. Diluted shares declined by about 17% from levels in early 2019 due to share repurchases prior to pandemic and expiration of warrants earlier this year. 3. Co. was resolved to enter whatever downturn was on the horizon with strong relative and absolute capital ratios. At 10.4% common equity tier 1 capital and allowance for credit losses relative to loans at 1.9%, still has one of the strongest capital ratios within large regional banks space. a. 4. Another major positive is loan deferral and delinquency. With what Co. is seeing in real time economic data like credit and debit card spending, various business and consumer sentiment indicators...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Zions Bancorporation NA
Ticker
ZION.OQ
Time
9:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Stephen M. Moss - B. Riley Securities, Inc., Research Division - Analyst : Just following up on credit, I believe you guys mentioned earlier that there's a high proportion of NPLs are tied to hotels and restaurants. Just wondering, was that a similar driver in the criticized loans as well?

Question: Stephen M. Moss - B. Riley Securities, Inc., Research Division - Analyst : Okay. And in terms of just curiosity, what are you seeing for activity -- in business activity at the hotel/motel exposure you have?

Question: Stephen M. Moss - B. Riley Securities, Inc., Research Division - Analyst : Okay. That's helpful. And then if I get one last one. Just on capital here, a little bit of an uptick in your CET1 ratio again. And I know you're getting deposit growth and so your leverage ratio plus with PPP leverage ratio a little tighter. But just kind of what are your thoughts about the potential for share repurchases in the future?

Table Of Contents

Zions Bancorporation NA Q4 2020 Earnings Call Summary – 2021-01-19 – US$ 54.00 – Edited Brief of ZION.OQ earnings conference call or presentation 19-Jan-21 10:30pm GMT

Zions Bancorporation NA Q4 2020 Earnings Call Transcript – 2021-01-19 – US$ 54.00 – Edited Transcript of ZION.OQ earnings conference call or presentation 19-Jan-21 10:30pm GMT

Zions Bancorporation NA at Goldman Sachs Financial Services Conference (Virtual) Transcript – 2020-12-08 – US$ 54.00 – Edited Transcript of ZION.OQ presentation 8-Dec-20 8:00pm GMT

Zions Bancorporation NA at Bank of America Merrill Lynch Future of Financials Virtual Conference Transcript – 2020-11-10 – US$ 54.00 – Edited Transcript of ZION.OQ presentation 10-Nov-20 6:40pm GMT

Zions Bancorporation NA Q3 2020 Earnings Call Transcript – 2020-10-19 – US$ 54.00 – Edited Transcript of ZION.OQ earnings conference call or presentation 19-Oct-20 9:30pm GMT

Zions Bancorporation NA at Barclays Global Financials New York Conference (Virtual) Transcript – 2020-09-15 – US$ 54.00 – Edited Transcript of ZION.OQ presentation 15-Sep-20 8:15pm GMT

Zions Bancorporation NA Q2 2020 Earnings Call Summary – 2020-07-20 – US$ 54.00 – Edited Brief of ZION.OQ earnings conference call or presentation 20-Jul-20 9:30pm GMT

Zions Bancorporation NA Q2 2020 Earnings Call Transcript – 2020-07-20 – US$ 54.00 – Edited Transcript of ZION.OQ earnings conference call or presentation 20-Jul-20 9:30pm GMT

Zions Bancorporation NA Annual Shareholders Meeting Transcript – 2020-05-01 – US$ 54.00 – Edited Transcript of ZION.OQ shareholder or annual meeting 1-May-20 7:00pm GMT

Zions Bancorporation NA Q1 2020 Earnings Call Summary – 2020-04-20 – US$ 54.00 – Edited Brief of ZION.OQ earnings conference call or presentation 20-Apr-20 9:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Zions Bancorporation NA Q3 2020 Earnings Call Summary" Oct 19, 2020. Alacra Store. May 12, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2020-Zions-Bancorporation-NA-Earnings-Call-B13255541>
  
APA:
Thomson StreetEvents. (2020). Zions Bancorporation NA Q3 2020 Earnings Call Summary Oct 19, 2020. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2020-Zions-Bancorporation-NA-Earnings-Call-B13255541>
  
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