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Wednesday, April 7, 2010 as of 11:14 AM ET

Zions Bancorp.

Zions Bancorporation is a bank holding company headquartered in Salt Lake City, Utah, USA. Among its subsidiaries are Amegy Bank of Texas, California Bank & Trust, National Bank of Arizona, Nevada State Bank, the Commerce Bank of Oregon, the Commerce Bank of Washington, Vectra Bank Colorado, Zions First National Bank, Zions Agricultural Finance, Zions Bank Capital Markets, Zions Credit Corporation, Zions Direct, Zions Management Services Company, Zions Public Finance, Zions Small Business Finance, and Contango Capital Advisors.

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Get updates on Zions Bancorp.
Zions Bancorp Profit Up 72%

Zions Bancorp late Monday reported first-quarter profit rose 72% to $25.

5 million, or 14 cents a share, up from $14.8 million, or 8 cents a share, in the same 2011 period. Excluding the repayment of $700 million of TARP preferred stock, Zions said it earned 33 cents a share, above the 26 cents analysts polled by FactSet had forecast. Average loans and leases, excluding FDIC-supported loans, were $36.1 billion, essentially unchanged since last year ended. Net interest income -- a key revenue source -- was $442 million, up from $424 million in the year-earlier period. However, net interest income has now slipped for three consecutive quarters. Net interest margin -- a profitability gauge for banks -- was 3.73%, almost even with last year's period. Book value per share was $25.25 as of March 31. Zions shares closed at $20.81. Shares are up 28% since Jan. 1.Copyright © 2012 MarketWatch, Inc....

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