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ZIONN.PFD (Zions Bancorp NA) Credit Losses Provision : $31.00 Mil (As of Sep. 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 Sep. 2024 was $13.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2024 was $31.00 Mil.

Zions Bancorp NA's quarterly credit losses provision declined from Mar. 2024 ($13.00 Mil) to Jun. 2024 ($5.00 Mil) but then increased from Jun. 2024 ($5.00 Mil) to Sep. 2024 ($13.00 Mil).

Zions Bancorp NA's annual credit losses provision increased from Dec. 2021 ($-276.00 Mil) to Dec. 2022 ($122.00 Mil) and increased from Dec. 2022 ($122.00 Mil) to Dec. 2023 ($132.00 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.00 414.00 -276.00 122.00 132.00

Zions Bancorp NA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.00 - 13.00 5.00 13.00

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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.00 Mil.

* 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.

Zions Bancorp NA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zions Bancorp NA (NAS:ZIONN.PFD) » Definitions » Credit Losses Provision
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Traded in Other Exchanges
ZIONO.PFD:USA ZIONP.PFD:USA ZION:USA 0M3L:UK ZB1:Germany ZB1:Germany Z1IO34:Brazil
Address
One South Main Street, Salt Lake City, UT, USA, 84133-1109
Website
https://www.zionsbancorporation.com
Zions Bancorporation is a regional us 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 bulk of its loans focused on commercial and commercial real estate lending.