Zions Bancorporation, National Association Q4 2024 Earnings Conference Call
January 21, 2025 5:30 PM ET
Company Participants:
Shannon Drage – Senior Director of IR
Harris Simmons – Chairman & CEO
Ryan Richards – CFO
Scott McLean – President & COO
Derek Steward – Chief Credit Officer
Conference Call Participants:
Manan Gosalia – Morgan Stanley
Bernard von Gizycki – Deutsche Bank
Christopher McGratty – KBW
Matthew Clark – Piper Sandler
Christopher Spahr – Wells Fargo
Anthony Elian – JPMorgan
Thank you, Matt, and good evening. We welcome you to this conference call to discuss our 2024 Fourth Quarter and Full Year earnings.
As we gather today to review the financial results of the past year, it is important to reflect on the journey that has brought us to this point. Despite the challenges and uncertainties that the financial industry has faced, Zions Bancorporation has remained resilient and committed to delivering value to our stakeholders.
Under the leadership of our Chairman & CEO, Harris Simmons, we have navigated through turbulent times with a focus on strategic growth and operational excellence. The dedication and hard work of our team, led by our President & COO Scott McLean, have been instrumental in achieving our financial targets and maintaining our position as a leading financial institution.
Our Chief Credit Officer, Derek Steward, has played a key role in managing risk and ensuring the stability of our credit portfolio. With his expertise and guidance, we have been able to mitigate potential losses and uphold strong credit quality standards.
Looking ahead to the future, our CFO Ryan Richards will provide insights into our financial outlook and strategic priorities for the coming year. We are optimistic about the opportunities that lie ahead and confident in our ability to drive sustainable growth and create long-term value for our shareholders.
As we engage in discussions with our conference call participants, including representatives from leading financial institutions such as Morgan Stanley, Deutsche Bank, and JPMorgan, we welcome their insights and perspectives on the market landscape and industry trends.
Overall, the 2024 Fourth Quarter and Full Year earnings call serves as a testament to our resilience, determination, and unwavering commitment to excellence. We look forward to a successful year ahead and thank you for joining us on this journey.
How It Will Affect Me:
As an investor, the insights provided during the earnings conference call offer valuable information for making informed decisions about my investment portfolio. Understanding the financial performance and strategic direction of Zions Bancorporation helps me assess the potential risks and opportunities associated with holding shares in the company.
How It Will Affect the World:
The financial results of Zions Bancorporation have implications beyond individual investors, as the performance of a leading financial institution can have ripple effects on the broader economy. By maintaining strong credit quality standards and driving sustainable growth, Zions Bancorporation contributes to the stability and resilience of the financial system, ultimately benefiting the global economy.
Conclusion:
In conclusion, the 2024 Fourth Quarter and Full Year earnings conference call provides a comprehensive overview of Zions Bancorporation’s financial performance, strategic priorities, and outlook for the future. As we navigate through the complexities of the financial industry, we remain committed to delivering value to our stakeholders, driving sustainable growth, and upholding the highest standards of excellence. We look forward to the opportunities and challenges that lie ahead and appreciate the support of our shareholders, investors, and conference call participants.
