Zions Bancorporation, N.A. (NASDAQ:ZION) EVP Christopher Kyriakakis Sells 2,703 Shares of Stock

Key Points

• EVP Christopher Kyriakakis sold 2,703 Zions shares at an average price of $67.05, totaling about $181,236. He retained 36,700 shares after the sale, a 6.86% reduction in his position.
• Zions beat quarterly earnings expectations, reporting $1.78 per share versus the $1.64 consensus, though revenue of $887 million came in slightly below forecasts.
• The bank declared a quarterly dividend of $0.48 per share, equivalent to a 2.9% yield. Analysts’ consensus rating was Hold, with an average price target of $73.44.

Zions Bancorporation, N.A. (NASDAQ:ZION - Get Free Report) EVP Christopher Kyriakakis sold 2,703 shares of the stock in a transaction on Monday, November 9th. The shares were sold at an average price of $67.05, for a total value of $181,236.15. Following the sale, the executive vice president owned 36,700 shares in the company, valued at $2,460,735. The trade was a 6.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Zions Bancorporation, N.A. Trading Up 0.1%

ZION traded up $0.07 during trading on Tuesday, reaching $66.32. The company had a trading volume of 1,219,467 shares, compared to its average volume of 1,657,516. The stock has a market cap of $9.68 billion, a P/E ratio of 8.14, a PEG ratio of 1.04 and a beta of 0.85. The business has a 50 day simple moving average of $65.09 and a 200-day simple moving average of $63.99. Zions Bancorporation, N.A. has a 52 week low of $48.50 and a 52 week high of $73.34. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.32.

Zions Bancorporation, N.A. (NASDAQ:ZION - Get Free Report) last posted its quarterly earnings data on Monday, October 19th. The bank reported $1.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.64 by $0.14. Zions Bancorporation, N.A. had a net margin of 24.81% and a return on equity of 13.77%. The business had revenue of $887.00 million for the quarter, compared to analysts' expectations of $889.52 million. During the same quarter in the previous year, the business posted $1.48 earnings per share. On average, equities analysts anticipate that Zions Bancorporation, N.A. will post 6.70 EPS for the current fiscal year.

Zions Bancorporation, N.A. Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 12th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, November 12th. Zions Bancorporation, N.A.'s dividend payout ratio is presently 23.56%.

Zions Bancorporation, N.A. announced that its board has authorized a share buyback program on Thursday, July 30th that permits the company to buy back $75 million in shares. This repurchase authorization permits the bank to repurchase up to 0.7% of its stock through open market purchases. Share repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have commented on ZION. Truist Financial reduced their price objective on Zions Bancorporation, N.A. from $72.00 to $67.00 and set a "hold" rating on the stock in a report on Friday, October 9th. UBS Group started coverage on Zions Bancorporation, N.A. in a report on Monday, September 14th. They issued a "buy" rating and a $78.00 target price for the company. Piper Sandler increased their price target on Zions Bancorporation, N.A. from $68.00 to $69.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 21st. Wells Fargo & Company raised their price target on Zions Bancorporation, N.A. from $66.00 to $73.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 21st. Finally, Morgan Stanley decreased their price objective on Zions Bancorporation, N.A. from $78.00 to $77.00 and set an "underweight" rating for the company in a report on Tuesday, October 20th. Seven analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $73.44.

Zions Bancorporation, N.A. News Summary

Here are the key news stories impacting Zions Bancorporation, N.A. this week:

• Positive Sentiment: Zacks Research raised its 2026 EPS estimate to $6.75 from $6.51 and its 2027 estimate to $6.64 from $6.54. It also lifted several quarterly forecasts, including Q4 2026, Q2 and Q3 2027, and Q1 and Q2 2028. These upgrades suggest a stronger earnings outlook overall. Zions Bancorporation analyst estimates
• Neutral Sentiment: Zacks’ FY2028 estimate edged up to $7.01 from $7.00, a small change; its forecast remains below the current-year consensus of $6.70 only in the context of different fiscal years and should be weighed against the broader set of revisions. Zions Bancorporation analyst estimates
• Negative Sentiment: Zacks cut its Q3 2028 EPS forecast to $1.76 from $1.82 and trimmed Q1 2027 to $1.54 from $1.55, signaling some weaker near-term or later-quarter expectations. Separately, Wall Street Zen lowered its rating on ZION to Hold, a less favorable analyst signal. Zions Bancorporation cut to Hold at Wall Street Zen

Hedge Funds Weigh In On Zions Bancorporation, N.A.

Several institutional investors have recently bought and sold shares of ZION. BlackRock Inc. purchased a new stake in Zions Bancorporation, N.A. during the second quarter worth $982,244,000. Dimensional Fund Advisors LP boosted its position in Zions Bancorporation, N.A. by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,477,126 shares of the bank's stock valued at $430,813,000 after acquiring an additional 56,438 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Zions Bancorporation, N.A. by 28.5% in the 1st quarter. First Trust Advisors LP now owns 1,917,826 shares of the bank's stock valued at $110,505,000 after acquiring an additional 425,325 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Zions Bancorporation, N.A. in the 2nd quarter valued at $87,961,000. Finally, Deutsche Bank AG bought a new position in shares of Zions Bancorporation, N.A. in the 2nd quarter worth $71,767,000. 76.84% of the stock is owned by hedge funds and other institutional investors.

About Zions Bancorporation, N.A.

Zions Bancorporation, N.A. is a national bank providing commercial and retail banking services to individuals, businesses, and institutions. Its offerings include business and consumer lending, deposit accounts, treasury management, and related banking services. The bank serves customers across 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through regional banking brands, including Zions Bank, Amegy Bank, California Bank & Trust, and National Bank of Arizona.

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