Zions Bancorp Q1 Profit Down - Quick Facts

(RTTNews) - Zions Bancorporation (ZION) Monday reported first-quarter profit of $76.2 million or $0.41 per share, down from $88.3 million or $0.48 per share in the same period last year.

On average, 23 analysts polled by Thomson Reuters expected the company to earn $0.42 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income decreased to $416 million from $418.12 million last year. Non-interest income totaled $138 million, up from $121.22 million last year. Net-interest margin for the quarter was 3.31 percent, compared to 3.44 percent last year.

Tangible book value per common share improved 3 percent to $24.53 from $23.88 last year.