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Zions: 3Q Earnings Snapshot

SALT LAKE CITY (AP) _ Zions Bancorp (ZION) on Monday reported third-quarter earnings of $222 million.

The Salt Lake City-based bank said it had earnings of $1.17 per share.

The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The financial holding company posted revenue of $823 million in the period. Its revenue net of interest expense was $713 million, also topping Street forecasts. Nine analysts surveyed by Zacks expected $709.3 million.

Zions shares have risen 12% since the beginning of the year, while the Standard & Poor's 500 index has risen 20%. In the final minutes of trading on Monday, shares hit $45.67, a fall of nearly 3% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZION at https://www.zacks.com/ap/ZION