Zions Bancorp Announces 39% Advance In Q3 Earnings

(RTTNews) - Zions Bancorp (ZION) reported a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $116.9 million, or $0.57 per share. This was higher than $84.2 million, or $0.41 per share, in last year's third quarter.

Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Zions Bancorp earnings at a glance:

-Earnings (Q3): $116.9 Mln. vs. $84.2 Mln. last year. -Earnings Growth (Y-o-Y): 38.8% -EPS (Q3): $0.57 vs. $0.41 last year. -EPS Growth (Y-o-Y): 39.0% -Analysts Estimate: $0.50