Owner reports higher profit

Thu, Jul 27, 2000 (11:22 a.m.)

Zions Bancorporation of Salt Lake City, owner of Nevada State Bank, reported a second quarter profit of $59.6 million or 69 cents per share, up from $50.8 million or 59 cents in the year-ago quarter.

Reflecting mergers and the booming economies in the Western states where it operates, Zions said operating cash earnings for the quarter were $68.4 million, up 15.4 percent from the prior-year-quarter.

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