Zions Bancorporation, National Association (LON:0M3L)

LON:0M3L Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	3,514	3,196	2,112	1,935	2,050
Interest Income on Investments	779	751	593	332	318
Total Interest Income	4,293	3,947	2,705	2,267	2,368
Interest Paid on Deposits	1,540	1,063	70	30	105
Interest Paid on Borrowings	323	446	115	29	47
Total Interest Expense	1,863	1,509	185	59	152
Net Interest Income	2,430	2,438	2,520	2,208	2,216
Net Interest Income Growth (YoY)	-0.33%	-3.25%	14.13%	-0.36%	-2.46%
Trust Income	58	58	55	50	44
Gain (Loss) on Sale of Investments	19	4	-15	71	7
Other Non-Interest Income	623	615	592	582	523
Total Non-Interest Income	700	677	632	703	574
Non-Interest Income Growth (YoY)	3.40%	7.12%	-10.10%	22.47%	2.14%
Revenues Before Loan Losses	3,130	3,115	3,152	2,911	2,790
Provision for Loan Losses	72	132	122	-276	414
Revenue	3,058	2,983	3,030	3,187	2,376
Revenue Growth (YoY)	2.51%	-1.55%	-4.93%	34.13%	-14.99%
Salaries and Employee Benefits	1,287	1,242	1,205	1,099	1,061
Occupancy Expenses	161	117	106	106	102
Federal Deposit Insurance	91	169	50	34	33
Selling, General & Administrative	369	424	381	389	385
Other Non-Interest Expense	139	145	135	118	94
Total Non-Interest Expense	2,046	2,097	1,878	1,746	1,676
EBT Excluding Unusual Items	1,012	886	1,152	1,441	700
Other Unusual Items	-	-	-	5	-28
Pretax Income	1,012	886	1,152	1,446	672
Income Tax Expense	228	206	245	317	133
Net Income	784	680	907	1,129	539
Preferred Dividends & Other Adjustments	47	38	37	41	38
Net Income to Common	737	642	870	1,088	501
Net Income Growth	15.29%	-25.03%	-19.66%	109.46%	-33.95%
Basic Shares Outstanding	147	148	150	160	164
Diluted Shares Outstanding	147	148	150	160	166
Shares Change (YoY)	-0.37%	-1.67%	-6.22%	-3.25%	-11.20%
EPS (Basic)	5.01	4.35	5.80	6.80	3.06
EPS (Diluted)	4.95	4.35	5.79	6.79	3.02
EPS Growth	13.92%	-24.95%	-14.73%	124.83%	-27.40%
Dividend Per Share	1.660	1.640	1.580	1.440	1.360
Dividend Growth	1.22%	3.80%	9.72%	5.88%	6.25%
Effective Tax Rate	22.53%	23.25%	21.27%	21.92%	19.79%

Source: S&P Capital IQ. Banks template. Financial Sources.