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NEW YORK (TheStreet) -- Zions Bancorporation (ZION) stock is advancing by 4.71% to $21.35 in afternoon trading on Tuesday, after the company released its 2015 fourth quarter financial results after yesterday's market close. 

The bank operator reported earnings of 43 cents per share, up from 33 cents per share for the year-ago quarter.

Revenue increased by 2.3% to $572.9 million year-over-year as higher net interest income offset lower non-interest income. 

Analysts surveyed by Thomson Reuters had forecast for earnings of 41 cents per share on revenue of $567 million. 

"We were encouraged with the relatively strong improvement in net interest income, and when combined with the expected benefit from the December interest rate increase, we expect to see continued expansion in the net interest margin in 2016," CEO Harris Simmons said in a statement.

Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of B-.

Zions Bancorp's strengths such as its revenue growth, good cash flow from operations, increase in net income, expanding profit margins and growth in earnings per share outweigh the fact that the company has had lackluster performance in the stock itself.

You can view the full analysis from the report here: ZION

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

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