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Zions Bancorporation's quarterly earnings soar

Published July 21, 2014 3:53 pm

This is an archived article that was published on sltrib.com in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Zions Bancorporation had a good second quarter, almost doubling its net earnings from the same period a year ago.

The Salt Lake City-based company reported net earnings of $104.5 million, or 56 cents a share, for the second quarter. A year ago, net earnings were just $55.4 million, yielding 30 cents per share to stockholders.

Net loans and leases held for investment increased $432 million, about 1.1 percent, for the quarter ending June 30 and now total $39.6 billion.