The bank targets $332 million in adjusted pre-provision net revenue alongside 100-150 basis points of operating leverage by 2026.
Zions Bancorporation outlined a 2026 target of $332 million in adjusted pre-provision net revenue (PPNR) and 100-150 basis points of operating leverage. The guidance comes as the bank nears the Q3 close of its Basis deal, aiming to strengthen financial performance.
Second-quarter net earnings reached $452 million, or $3.05 per share, including a $215 million pretax gain from the liquidation of Visa shares. Management described the results as “reasonably pleasing” but noted exceptional items impacted the quarter.
The bank did not specify immediate market reactions, focusing instead on long-term strategic goals tied to the Basis acquisition and efficiency improvements.