Zions Bancorporation, National Association provides various banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; residential mortgage servicing and lending services; trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. It also offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, and Internet and mobile banking services. In addition, the company provides self-directed brokerage services; small business administration lending and secondary market agricultural real estate mortgage loans; corporate trust services for municipalities; and bond transfer, stock transfer, and escrow services. As of December 31, 2018, it operated 433 branches. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone801-844-7637
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.03 billion
Profitability
Miscellaneous
Employees10,201
Next Earnings Date7/22/2019 (Estimated)
OptionableOptionable
Zions Bancorporation NA (NASDAQ:ZION) Frequently Asked Questions
What is Zions Bancorporation NA's stock symbol?
Zions Bancorporation NA trades on the NASDAQ under the ticker symbol "ZION."
How often does Zions Bancorporation NA pay dividends? What is the dividend yield for Zions Bancorporation NA?
Zions Bancorporation NA announced a quarterly dividend on Friday, April 26th. Investors of record on Thursday, May 16th will be given a dividend of $0.30 per share on Thursday, May 23rd. This represents a $1.20 annualized dividend and a dividend yield of 2.65%. The ex-dividend date of this dividend is Wednesday, May 15th. View Zions Bancorporation NA's Dividend History.
How will Zions Bancorporation NA's stock buyback program work?
Zions Bancorporation NA declared that its Board of Directors has approved a stock repurchase plan on Thursday, June 29th 2017, which authorizes the company to repurchase $465,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.
How were Zions Bancorporation NA's earnings last quarter?
Zions Bancorporation NA (NASDAQ:ZION) posted its quarterly earnings results on Monday, April, 22nd. The bank reported $1.04 earnings per share for the quarter, missing analysts' consensus estimates of $1.05 by $0.01. The bank had revenue of $708 million for the quarter, compared to analyst estimates of $715.64 million. Zions Bancorporation NA had a return on equity of 12.24% and a net margin of 27.58%. During the same quarter in the previous year, the firm posted $1.09 EPS. View Zions Bancorporation NA's Earnings History.
When is Zions Bancorporation NA's next earnings date?
What price target have analysts set for ZION?
15 Wall Street analysts have issued twelve-month price objectives for Zions Bancorporation NA's shares. Their predictions range from $49.00 to $63.00. On average, they anticipate Zions Bancorporation NA's stock price to reach $55.7143 in the next year. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Price Targets for Zions Bancorporation NA.
What is the consensus analysts' recommendation for Zions Bancorporation NA?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zions Bancorporation NA in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Zions Bancorporation NA.
What are Wall Street analysts saying about Zions Bancorporation NA stock?
Here are some recent quotes from research analysts about Zions Bancorporation NA stock:
- 1. Vining Sparks analysts commented, "We believe ZION could continue to produce one of the strongest improvements in its ROTCE, as it can still accelerate its deployment of excess capital, generate further positive operating leverage, and utilize its higher concentration of noninterest bearing deposits to grow NII. Thus, we have maintained our “Strong Buy” rating with the thought that ZION ’s P/TBV should improve back toward 185%, as higher returns are sustained." (1/24/2019)
- 2. According to Zacks Investment Research, "Zions' shares have marginally outperformed the industry over the past six months. The company’s earnings have surpassed the Zacks Consensus Estimate in three of the trailing four quarters. Consistent growth in loans and deposits, efforts to improve operating efficiency and higher interest rates will likely continue supporting profitability. Moreover, regulatory nod for removal of the SIFI label is a major positive and provides financial flexibility to the company for announcing capital deployment actions. However, elevated expense levels are expected to hurt bottom-line growth to some extent. Also, the company's significant exposure toward risky loan portfolios is a concern as it might hamper financials." (12/31/2018)
Has Zions Bancorporation NA been receiving favorable news coverage?
Headlines about ZION stock have trended positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Zions Bancorporation NA earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Are investors shorting Zions Bancorporation NA?
Zions Bancorporation NA saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 25,522,241 shares, an increase of 1.4% from the April 15th total of 25,164,020 shares. Based on an average daily trading volume, of 2,053,703 shares, the short-interest ratio is presently 12.4 days. Currently, 14.2% of the shares of the stock are short sold. View Zions Bancorporation NA's Current Options Chain.
Who are some of Zions Bancorporation NA's key competitors?
Some companies that are related to Zions Bancorporation NA include Standard Chartered (SCBFF), SunTrust Banks (STI), Shinhan Financial Group (SHG), KeyCorp (KEY), DANSKE BK A/S/S (DNKEY), Regions Financial (RF), Huntington Bancshares (HBAN), Comerica (CMA), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Synovus Financial (SNV), CIT Group (CIT), PacWest Bancorp (PACW), First Horizon National (FHN) and Webster Financial (WBS).
What other stocks do shareholders of Zions Bancorporation NA own?
Who are Zions Bancorporation NA's key executives?
Zions Bancorporation NA's management team includes the folowing people:
- Mr. Harris Henry Simmons, Chairman & CEO (Age 65)
- Mr. Scott J. McLean, Pres, COO & Director (Age 62)
- Mr. Paul E. Burdiss, Exec. VP & CFO (Age 53)
- Mr. David E. Blackford, Exec. VP (Age 70)
- Mr. Edward P. Schreiber, Exec. VP & Chief Risk Officer (Age 60)
Who are Zions Bancorporation NA's major shareholders?
Zions Bancorporation NA's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.88%), LSV Asset Management (2.82%), Wellington Management Group LLP (1.91%), Dimensional Fund Advisors LP (1.59%), Geode Capital Management LLC (1.54%) and The Manufacturers Life Insurance Company (1.35%). Company insiders that own Zions Bancorporation NA stock include A Scott Anderson, Alexander Hume, Bruce K Alexander, David E Blackford, Dianne R James, Edward F Murphy, Edward Schreiber, James R Abbott, Jennifer Anne Smith, Joseph L Reilly, Keith D Maio, Leeanne B Linderman, Mark Richard Young, Michael Morris, Rebecca K Robinson, Roger B Porter, Scott J Mclean, Steven Dan Stephens, Terry Alan Shirey and Thomas E Laursen. View Institutional Ownership Trends for Zions Bancorporation NA.
Which major investors are selling Zions Bancorporation NA stock?
ZION stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlackRock Inc., EJF Capital LLC, Victory Capital Management Inc., TCW Group Inc., Janus Henderson Group PLC, Wells Fargo & Company MN and Ackerman Capital Advisors LLC. Company insiders that have sold Zions Bancorporation NA company stock in the last year include A Scott Anderson, Alexander Hume, Bruce K Alexander, David E Blackford, Dianne R James, Edward Schreiber, James R Abbott, Jennifer Anne Smith, Keith D Maio, Leeanne B Linderman, Mark Richard Young, Rebecca K Robinson, Steven Dan Stephens, Terry Alan Shirey and Thomas E Laursen. View Insider Buying and Selling for Zions Bancorporation NA.
Which major investors are buying Zions Bancorporation NA stock?
ZION stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Voya Investment Management LLC, Clark Capital Management Group Inc., Acadian Asset Management LLC, Ceredex Value Advisors LLC, Renaissance Technologies LLC, Rothschild & Co. Asset Management US Inc. and Parametric Portfolio Associates LLC. Company insiders that have bought Zions Bancorporation NA stock in the last two years include Edward F Murphy and Roger B Porter. View Insider Buying and Selling for Zions Bancorporation NA.
How do I buy shares of Zions Bancorporation NA?
Shares of ZION can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Zions Bancorporation NA's stock price today?
One share of ZION stock can currently be purchased for approximately $45.34.
How big of a company is Zions Bancorporation NA?
Zions Bancorporation NA has a market capitalization of $8.28 billion and generates $3.03 billion in revenue each year. The bank earns $884 million in net income (profit) each year or $4.08 on an earnings per share basis. Zions Bancorporation NA employs 10,201 workers across the globe.
What is Zions Bancorporation NA's official website?
How can I contact Zions Bancorporation NA?
Zions Bancorporation NA's mailing address is ONE SOUTH MAIN STREET, SALT LAKE CITY UT, 84133. The bank can be reached via phone at 801-844-7637 or via email at [email protected]
MarketBeat Community Rating for Zions Bancorporation NA (NASDAQ ZION)
MarketBeat's community ratings are surveys of what our community members think about Zions Bancorporation NA and other stocks. Vote "Outperform" if you believe ZION will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ZION will underperform the S&P 500 over the long term. You may vote once every thirty days.
