Zions Bancorp says Fed objects to certain proposed actions, to resubmit plan Zions Bancorporation received the results of the Federal Reserve's review of Zions' capital plan under the FRB's 2013 Capital Plan Review. While the FRB objected to certain proposed capital actions, it did not object to key capital actions relating to the reduction of the cost and quantity of Zions' non-common capital. Under the FRB's rules, Zions will be required to resubmit its capital plan to the FRB.
Zions Bancorp reports Q3 EPS 40c, consensus 44c The estimated Tier 1 common equity ratio increased to 11.88% at September 30. Net loans and leases held for investment increased $110M to $39.7B. The allowance for credit losses was $690M. Tangible book value per share for Q3 was $26.00.