ZIONS BANCORPORATION $ZION Q3’26 EARNINGS HIGHLIGHTS 🔹 Net Interest Income: $684M; +2% YoY 🔹 Noninterest Income: $197M; +4% YoY 🔹 EPS: $1.78 (Est. $1.67) 🟢; incl. notable items 🔹 Net Earnings: $262M (Est. $241M) 🟢 Other Q3 Metrics: 🔹 Net Interest Margin: 3.23%; -5 bps YoY 🔹 Customer-Related Income: $192M; +18% YoY 🔹 Noninterest Expense: $553M; +5% YoY 🔹 PPNR: $340M; -1% YoY 🔹 Adj. PPNR: $338M 🔹 Efficiency Ratio: 61.9% 🔹 Provision for Credit Losses: -$8M 🔹 Net Charge-off Ratio: 0.02% 🔹 Loans and Leases: $62.5B; +4% YoY 🔹 Total Deposits: $77.9B; +4% YoY 🔹 CET1 Ratio: 11.8% 🔹 Income Before Taxes: $336M (Est. $316M) 🟢 🔹 Book Value/Share: $52.56 (Est. $53.77) 🔴 🔹 Tangible Book Value/Share: $43.50; +13% YoY Capital Return: 🔹 Share Repurchases: $75M (1.1M shares) 🔹 Dividend: $0.48/share Key Updates: 🔸 Net credit valuation adjustment (“CVA”) gain on client-related interest rate swaps: $10M, or $0.05 per share 🔸 Acquisition of Basis Multifamily Finance agency lending platform completed in July 2026 Comments: 🔸 “Short- and medium-term interest rates began to rise in the last month of the quarter, and we expect that our moderately asset-sensitive balance sheet should produce stronger net interest income in a higher rate environment, while we're seeing continued improvement in noninterest income that we expect will continue into next year.”