NEW YORK (TheStreet) -- Zions Bancorp (ZION - Get Report) stock was inching lower in after-hours trading on Monday after the company posted weaker-than-expected net interest income for the 2016 third quarter.

After today's closing bell, the Salt Lake City-based regional bank reported net interest income of $469 million for the quarter, below analysts' projections of $477 million.

In the third quarter, the company posted an efficiency ratio of 66.0%. Wall Street was looking for 64.9%. A bank's efficiency ratio is the ratio of its non-interest expense to revenues, according to the FDIC

Earnings of 57 cents per share beat analysts' estimates of 50 cents per share.

About 3.50 million shares traded today vs. its 30-day average volume of 2.94 million shares.

Separately, 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 articles's author.

TheStreet Ratings rated this stock as a "buy" with a ratings score of B+.

The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, solid stock price performance, impressive record of earnings per share growth and expanding profit margins. We feel its strengths outweigh the fact that the company shows weak operating cash flow.

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