Zions Bancorp. Presents at Barclay's Americas Select Franchise Conference, May-21-2013 07:45 AM. Venue: Langham Hotel, London, United Kingdom. Speakers: Doyle L. Arnold, Vice Chairman and Chief Financial Officer.

Zions Bancorp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total interest income of $484,748,000 compared to $518,877,000 a year ago. Net interest income was $418,115,000 against $437,478,000 a year ago. Income before income taxes was $171,021,000 against $141,262,000 a year ago. Net earnings applicable to common shareholders were $88,324,000 against $25,489,000 a year ago. Diluted earnings per share were $0.48 against $0.14 a year ago. Non- GAAP tangible return on average tangible common equity was 9.37% against 3.18% a year ago. Return on average assets was 0.83% against 0.69% a year ago. Return on average common equity was 7.18% against 2.21% a year ago. Book value per common share was $27.43 compared to $25.25 a year ago. Net interest income decreased compared to the prior quarter due to reduced day count and loan interest rates resetting at lower levels. The company reported net loan and lease charge-offs charge-offs were $17,842,000 against $54,506,000 a year ago. Net charge-offs declined primarily in consumer home equity credit line and term commercial real estate loans. Impairment losses on investment securities were $31,493,000 compared to $18,273,000 for the same period a year ago.

Zions Bancorp.(NYSE:ZB.PRG) added to S&P Preferred Stock Index