Zions Bancorporation (ZION) reported Q1 earnings late Monday of $1.13 per diluted share, up from $0.96 a year earlier.

Analysts polled by FactSet expected $1.19 per share.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and noninterest income, was $795 million, up from $742 million a year earlier.

Analysts surveyed by FactSet expected $796.4 million.

Shares of Zions Bancorporation were down more than 5% in recent after-hours activity.