Zions Bancorporation
ZION

$52.29

0.93%

Market Cap: 7.72B

About: Zions Bancorporation is a regional U.S. bank with core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the Western and Southwestern United States. Zions primarily focuses on providing banking services to small and midsize businesses, with the bulk of its loans focused on commercial and commercial real estate lending.

Employees: 9,679

Financials National Commercial Banks

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 20 analysts

0

News positive %

of 11 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

40% more call options, than puts

Call options by funds: $172M | Put options by funds: $124M

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]

4% less repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 166

3.97% less ownership

Funds ownership: 79.12% [Q4 2023] → 75.15% (-3.97%) [Q1 2024]

5% less funds holding

Funds holding: 460 [Q4 2023] → 438 (-22) [Q1 2024]

6% less capital invested

Capital invested by funds: $5.14B [Q4 2023] → $4.83B (-$313M) [Q1 2024]

26% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 84

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Research analyst outlook

20 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$40

24%

downside

Avg. target

$49

6%

downside

High target

$54

3%

upside

20 analyst ratings

1 positive

5%

17 neutral

85%

2 negative

10%

Compass Point David Rochester	1%downside $52	Neutral Maintained	24 Jul 2024
Truist Securities Jennifer Demba	3%upside $54	Hold Maintained	24 Jul 2024
Morgan Stanley Ken Zerbe	20%downside $42	Underweight Maintained	23 Jul 2024
Wedbush David Chiaverini	1%downside $52	Neutral Maintained	23 Jul 2024
Goldman Sachs Ryan Nash	3%upside $54	Neutral Maintained	23 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 11 articles about ZION published over the past 30 days

This Lululemon Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

This Lululemon Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

Zions Bancorporation: Respectable Results, Stable Operator

Zions Bancorporation, National Association's Q2 earnings beat estimates, handily. Loans grew and deposits dipped slightly. Margins widened.

Zions Bancorporation: Respectable Results, Stable Operator

Zions Bancorp Analysts Boost Their Forecasts After Upbeat Results

Zions Bancorp ZION posted better-than-expected quarterly results on Monday.

Zions Bancorp Analysts Boost Their Forecasts After Upbeat Results

Zacks Investment Research

Zions' (ZION) Q2 Earnings Beat Estimates, Stock Up 3.1%

Zions (ZION) second-quarter earnings beat estimates on the back of higher NII, lower provisions and a rise in loans and deposits. However, a lower non-interest income and higher expenses remain woes.

Zions' (ZION) Q2 Earnings Beat Estimates, Stock Up 3.1%

Zions Bancorporation: Solid Q2 With Minimal Credit Deterioration (Rating Upgrade)

Zions Bancorporation shares have risen 33% in the past year, with a 3.5% increase after solid Q2 results. ZION has seen growth in net interest income, aided by stable deposits, and modest loan growth, with improved liquidity given security maturities. The bank is well-capitalized, with a strong CET1 ratio, and may be a candidate for bank consolidation in the future.

Zions Bancorporation: Solid Q2 With Minimal Credit Deterioration (Rating Upgrade)

Zions Bancorporation, National Association (ZION) Q2 2024 Earnings Call Transcript

Zions Bancorporation, National Association (NASDAQ:ZION ) Q2 2024 Earnings Conference Call July 22, 2024 5:30 PM ET Company Participants Shannon Drage - Senior Director of IR Harris Simmons - Chairman and CEO Ryan Richards - CFO Scott McLean - President and COO Conference Call Participants Manan Gosalia - Morgan Stanley John Pancari - Evercore ISI Ben Gerlinger - Citi Steven Alexopoulos - JPMorgan Ken Usdin - Jefferies Bernard Von Gizycki - Deutsche Bank Brandon King - Truist Securities Chris McGratty - KBW Christopher Spahr - Wells Fargo Samuel Varga - UBS Jon Arfstrom - RBC Capital Markets Operator Greetings, and welcome to the Zions Bancorp Q2 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Zions Bancorporation, National Association (ZION) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Zions (ZION) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Zions (ZION) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zions (ZION) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Investment Research

Zions (ZION) Q2 Earnings and Revenues Top Estimates

Zions (ZION) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.11 per share a year ago.

Zions (ZION) Q2 Earnings and Revenues Top Estimates

Zions Bancorporation, National Association Reports Second Quarter Financial Results

SALT LAKE CITY , July 22, 2024 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) ("Zions" or "the Bank") today reported net earnings applicable to common shareholders for the second quarter of 2024 of $190 million, or $1.28 per diluted common share, compared with net earnings applicable to common shareholders of $166 million, or $1.11 per diluted common share, for the second quarter of 2023, and net earnings applicable to common shareholders of $143 million, or $0.96 per diluted common share, for the first quarter of 2024.

Zions Bancorporation, National Association Reports Second Quarter Financial Results

Zacks Investment Research

Zions (ZION) Expected to Beat Earnings Estimates: Should You Buy?

Zions (ZION) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zions (ZION) Expected to Beat Earnings Estimates: Should You Buy?

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