Zions Expects 8% to 12% Net Interest Income Growth by Third Quarter 2027

Zions Bancorporation, N.A., expects net interest income to grow 8% to 12% by the third quarter of 2027 as it expands its acquired multifamily lending business. The bank’s outlook assumes three interest rate increases and higher deposit costs. Net interest income is the difference between the interest a bank earns and the interest it pays. The projection follows Zions’ third-quarter results . Net interest income totaled $684 million, up from $672 million a year earlier, an increase of about 2%. Its net interest margin was 3.23%.

Source: TokenPost