Zions Bancorporation (NASDAQ:ZION) provided its Q3 results, with EPS coming in at $1.45, beating the Street estimate of $1.28.

Core trends were generally solid as a negative provision pushed the results due to continued strength in credit quality. Management's outlook indicates higher growth across most categories, including moderately higher loan balances, increasing net interest income, and stable to slightly higher customer-related fees.

Following the report, analysts at RBC Capital adjusted their 2021 EPS from $6.50 to $6.65 and 2022 EPS from $4.60 to $4.70, and as a result, raised their price target to $66 from $65.