Zions Bancorporation (NASDAQ: ZION) Q3 2020 earnings call dated Oct. 19, 2020.
Zions Bancorporation’s Third Quarter 2020 Earnings Results Webcast. Transcript link:
CEO: "we are generally pleased with the overall results for the quarter. Earnings per share are back to a level experienced throughout much of 2019. Although, revenue has declined somewhat from what experienced then. Our non-interest expenses declined moderately, resulting in adjusted pre-provision net revenue, excluding the charitable contribution we made during the quarter of pre-provision net revenue of $297 million, which is actually somewhat stronger than the quarterly average in 2019. Additionally with the diluted shares have declined by about 17% from the levels in early 2019, which is the result of share repurchases prior to the pandemic and the expiration of warrants earlier this year."
James R. Abbott — Senior Vice President, Investor Relations and External Communications
Harris H. Simmons — Chairman and Chief Executive Officer
Scott J. McLean — President and Chief Operating Officer
Keith D. Maio — Executive Vice President, Chief Risk Officer
Michael Morris — Executive Vice President, Chief Credit Officer
Paul E. Burdiss — Chief Financial Officer
Dave Rochester — Compass Point — Analyst
Ken Zerbe — Morgan Stanley — Analyst
John Pancari — Evercore ISI — Analyst
Steve Moss — B. Riley Securities — Analyst
Ken Usdin — Jefferies — Analyst
Steven Alexopoulos — JPMorgan — Analyst
Brock Vandervliet — UBS — Analyst
Jennifer Demba — SunTrust Securities — Analyst
Erika Najarian — Bank of America — Analyst
