Zions Bancorp Q1 Income Rises 63%

(RTTNews) - Zions Bancorp (ZION) announced a profit for its first quarter that climbed compared to the same period last year.

The company said its bottom line came in at $129 million, or $0.61 per share. This was higher than $79 million, or $0.38 per share, in last year's first quarter.

Analysts had expected the company to earn $0.54 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Zions Bancorp earnings at a glance:

-Earnings (Q1): $129 Mln. vs. $79 Mln. last year. -Earnings Growth (Y-o-Y): 63.3% -EPS (Q1): $0.61 vs. $0.38 last year. -EPS Growth (Y-o-Y): 60.5% -Analysts Estimate: $0.54