Zions Bancorp NA (BSP:Z1IO34) Credit Losses Provision : R$490 Mil (As of Mar. 2024)

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What is Zions Bancorp NA Credit Losses Provision?

Zions Bancorp NA's credit losses provision for the three months ended in Mar. 2024 was R$65 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was R$490 Mil.

Zions Bancorp NA's quarterly credit losses provision declined from Sep. 2023 (R$202 Mil) to Dec. 2023 (R$0 Mil) but then increased from Dec. 2023 (R$0 Mil) to Mar. 2024 (R$65 Mil).

Zions Bancorp NA's annual credit losses provision increased from Dec. 2021 (R$-1,561 Mil) to Dec. 2022 (R$640 Mil) and increased from Dec. 2022 (R$640 Mil) to Dec. 2023 (R$647 Mil).

Zions Bancorp NA Credit Losses Provision Historical Data

The historical data trend for Zions Bancorp NA's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zions Bancorp NA Credit Losses Provision Chart

Zions Bancorp NA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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160.08

2,129.91

-1,560.75

639.94

646.77

Zions Bancorp NA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															234.39	223.27	202.49	-	64.74

Zions Bancorp NA Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$490 Mil.

Zions Bancorp NA (BSP:Z1IO34) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ZIONO.PFD:USA ZIONP.PFD:USA ZION:USA ZB1:Germany

Address

One South Main Street, Salt Lake City, UT, USA, 84133-1109

Website

https://www.zionsbancorporation.com

Zions Bancorporation is a regional U.S. bank with core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the Western and Southwestern United States. Zions primarily focuses on providing banking services to small and midsize businesses, with the majority of its loans focused on commercial and commercial real estate lending.

Zions Bancorp NA (BSP:Z1IO34) Headlines

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