Zions: Q2 Earnings Snapshot
- On Monday, Zions Bancorporation reported net earnings of $452 million, or $3.05 per diluted share, for the second quarter of 2026, with results boosted by gains from liquidating Visa Class B-1 shares.
- Chairman and CEO Harris H. Simmons attributed the results to 11% growth in customer-related noninterest income, with adjusted earnings per share, excluding investment gains, rising 10% to $1.74 from $1.58 a year prior.
- Loan growth remained modest at 3% year-over-year, though annualized linked-quarter growth reached 8%, while deposits grew 4% from last year and annualized net charge-offs stayed low at 0.06%.
- Zions expects to close its acquisition of Basis Investment Group's multifamily lending business in the third quarter, strengthening its commercial real estate capabilities across the Western United States and its capital markets franchise.
- Management anticipates net interest income will moderately increase in 2026, with potential for upper-single-digit growth if interest rates rise; the company also expects 100 to 115 basis points of positive operating leverage, excluding exceptional items.
21 Articles
21 Articles
América Móvil Profit Climbs 9.2% as Mobile Users Grow
Mexico · Business Key Facts —Net profit. MXN 24,332 million (US$1.39 billion), up 9.2% year on year. —Revenue. MXN 241,000 million (US$13.77 billion), a 3.1% increase. —Postpaid additions. 3.5 million new postpaid mobile subscribers in the quarter. —Broadband growth. 531,000 new broadband accesses added. —Brazil and Colombia. Revenue rose 5.4% in Brazil and 5.8% in […] The post América Móvil Profit Climbs 9.2% as Mobile Users Grow appeared first…
Between April and June 2026, the telecommunications company totaled 4.1 million new customers in the fixed and mobile segment.
The Mexican telecommunications company América Móvil recorded an increase of 9.2% in the net profit of the second quarter, driven by the growth of revenue and operational results. Exclusive material for subscribers. To have full access, access the link of the material and make your registration.
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium