Actionable news
0
All posts from Actionable news
Actionable news in ZION: Zions Bancorporation,

Zions Bancorp (ZION) Stock Edges Down in After-Hours Trade After Q3 Results

NEW YORK (TheStreet) -- Zions Bancorp (ZION) stock was inching lower in after-hours trading on Monday after the company posted weaker-than-expected net interest income for the 2016 third quarter.

After today's closing bell, the Salt Lake City-based regional bank reported net interest income of $469 million for the quarter, below analysts' projections of $477 million.

In the third quarter, the company posted an efficiency ratio of 66.0%. Wall Street was looking for 64.9%. A bank's efficiency ratio is the ratio of...


More