Zions Bancorp Q1 Profit Rises 5%

(RTTNews) - Zions Bancorp (ZION) announced earnings for its first quarter that climbed from last year.

The company said its bottom line totaled $78.78 million, or $0.38 per share. This was higher than $75.28 million, or $0.37 per share, in last year's first quarter.

Analysts had expected the company to earn $0.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Zions Bancorp earnings at a glance:

-Earnings (Q1): $78.78 Mln. vs. $75.28 Mln. last year. -Earnings Growth (Y-o-Y): 4.6% -EPS (Q1): $0.38 vs. $0.37 last year. -EPS Growth (Y-o-Y): 2.7% -Analysts Estimate: $0.39