Zions Bancorp (ZION) Misses Q3 EPS by 1c

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Zions Bancorporation Reports Third Quarter 2015 Financial Results

October 19, 2015 4:11 PM EDT

SALT LAKE CITY, Oct. 19, 2015 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) ("Zions" or "the Company") today reported third quarter net earnings applicable to common shareholders of $84.2 million, or $0.41 per diluted common share, compared to a net loss applicable to common shareholders of $(1.1) million, or $(0.01) per diluted common share, for the second quarter of 2015. The Company's second quarter results included a $137 million loss, or $0.42 per diluted share, from the sale of remaining collateralized debt obligation ("CDO") securities. Excluding this loss, net earnings applicable to common shareholders was $83.4 million, or $0.41 per diluted... More