Zions Bancorp. said fourth-quarter net income rose 11.4% from a year earlier, to $142.7 million.
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Earnings per share were unchanged, at $1.32, or 6 cents below the average Wall Street estimate, according to a survey of 20 analysts by Thomson Financial.
Full-year net income rose 20.7%, to $579.3 million, and earnings per share rose 20 cents, to $5.36.
The fourth-quarter results, announced Tuesday, were in line with guidance the $47 billion-asset Salt Lake City company provided Jan. 11, when it said the results would include several unusual expenses, including a fraud-related loss of $10.9 million on an equipment lease.
The portfolio of loans and leases rose 15.1% from a year earlier, to $34.7 billion at yearend.
