The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The financial holding company posted revenue of $1.19 billion in the period. Its revenue net of interest expense was $776 million, also beating Street forecasts. Nine analysts surveyed by Zacks expected $769.5 million.Utah’s first bank turns 150, touting its bond to ‘community’New U.