News Formal

Zions Bank earnings are down but its outlook is stable, leaders say

  • 📰 sltrib
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 61%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Zions Bancorporation earned less in the second quarter of 2023 than the first, but its leaders said they remained optimistic about the institution’s financial future.

The number of overdue loans continues to shrink, executives said as second-quarter earnings were released.

“The environment seems to have stabilized,” Zions Bancorp Chairman and CEO Harris Simmons said in an earnings update Wednesday. “We’re pleased to see the operating environment stabilizing, and we expect to see continued improvement in the months ahead.” But Zions Bank president and CEO Scott Anderson said the company is in a stable and predictable place, due to its ability to pull multiple “levers” — from attracting high-interest brokered deposits, which increase liquidity; to handling reciprocal deposits, which help banks take in large deposits by then spreading them across institutions to keep customers under the limit covered by federal insurance; to collecting earnings from its banking services.

The size of its lending portfolio has decreased, but officials said the current portfolio is still earning more, proportionally, than it did pre-pandemic.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 316. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Wall St climbs as investors assess bank earnings; Dow eyes 8th day of gains By Reuters⚠️BREAKING: *WALL ST CLIMBS TO NEW 52-WEEK HIGHS AS EARNINGS TAKE CENTER STAGE $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

Netflix Q2 Earnings Preview: Analysts Expect Windfall From Password-Sharing CrackdownNetflix’s move to start broadly monetizing password-sharing users — after years of tacitly allowing the practice with a wink and a nod — could help the streamer beat Q2 2023 earnings targets.
แหล่ง: Variety - 🏆 108. / 63 อ่านเพิ่มเติม »

United, American Airlines earnings: Demand is in focus after Delta raises the barAmerican Airlines and United Airlines have a tough act to follow this week, and Wall Street hopes they will be as optimistic on air-travel demand as Delta.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

TSMC earnings to feature compelling blend of Apple and AITaiwan Semiconductor Manufacturing Co. may get some help from a stronger dollar, but analysts are focusing on the company's ties to Apple and Nvidia.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Asia markets set for mixed open as investors digest Wall Street's strong earningsThe Reuters Tankan survey, a measure of buisness confidence in Japan, fell for the first time in six months
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »