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.
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Zions Bancorp reports Q2 EPS 56c, consensus 45c Net interest income of $416M this quarter was essentially unchanged from the prior quarter; the net interest margin decreased slightly to 3.29% from 3.31%.