Financial PerformanceZION reported 3Q EPS of $1.37, 19c above consensus, driven by better than expected NII, capital markets and well-managed expenses.
Growth And ExpansionInvestments in talent are paying off in capital markets, and Zions expects more fees from mid-sized companies, especially in syndications, swaps, FX, and M&A.
Regulatory ImpactThe change in regulatory leadership will likely be good news, especially with long-term debt proposals, suggesting potential positive shifts in regulation.