5 stories mentioning ZIONUpdated 41d ago
Every FINWIRES story that references ZION, newest first.
Jennifer Anne Smith, Executive Vice President, on May 08, 2026, sold 4,209 shares in Zions Bancorporation, National Association (ZION) for $263,072.SEC Filing:https://www.sec.gov/Archives/edgar/data/109380/000010938026000086/xslF345X05/wk-form4_1778531551.xml
Zions Bancorporation (ZION) said Friday its board has authorized up to $225 million in share repurchases for the remainder of 2026, bringing its total planned buybacks for the year to $300 million.The bank also maintained its quarterly dividend at $0.45 per share, payable May 21 to shareholders of record on May 14.Price: $63.55, Change: $+0.13, Percent Change: +0.20%
Zions Bancorporation (ZION) showed a stable start to 2026, with fundamentals driven by loan growth, healthy fee and expense trends, and solid asset quality, RBC said in a Monday note.The report said Q1 EPS of $1.56 exceeded consensus of $1.43, with results benefiting from a provision recapture of $7 million, which contributed toward the EPS outperformance."Overall, we see the quarterly trends as mostly stable and in the range of prior expectations," the note said.The report said the outlook was also consistent, pointing to net interest income momentum over the next year, along with the expectation for a "decent" positive operating leverage.RBC raised its price target to $68 from $64 while maintaining its sector perform rating on the stock.Price: $62.20, Change: $-0.85, Percent Change: -1.36%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:After digesting Q1 earnings, we raise our 12-month target price by $2 to $82, 12.2x our 2027 EPS estimate, a premium to the peer average of 10.0x given solid balance sheet growth prospects. We increase our 2026 EPS estimate by $0.22 to $6.44 and raise 2027's by $0.19 to $6.74. Our 2026 and 2027 revenue projections are $3.5 billion and $3.7 billion, respectively. ZION has demonstrated strong market share gains in recent quarters, standing out as one of the few banks to achieve both loan and deposit growth for two consecutive quarters. While the company has been conservative with share buybacks, reducing shares outstanding by only 1% over three years, we anticipate more aggressive repurchases ahead. This shift is supported by three factors: credit concerns from 2025 have largely subsided, ZION maintains a robust capital position with a CET1 ratio of 11.5% that exceeds peer averages despite already strong credit metrics, and the regulatory environment is improving.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ZION posted strong Q1 2026 results, with GAAP EPS of $1.56 vs $1.13 prior year, beating consensus by $0.13. Credit quality was exceptional, with provisions flipping to a $7M benefit, net charge-offs at just 3 bps, and nonperforming assets at 0.48%, the lowest in seven quarters. Our belief that 2025 credit challenges would not persist into 2026 received validation as ZION delivered some of the industry's best credit metrics. Net interest income grew 6% Y/Y, with margin expansion to 3.27% from 3.10% prior year, though declining 4 bps sequentially due to lower earning asset yields. Balance sheet growth was solid with loans increasing 2% to $61.3B and customer deposits growing 3% to $73.1B. Fee income performance was strong, with customer-related noninterest income up 9% due to loan-related fees (+35%) and retail banking fees (+18%). We are not overly concerned with the sequential margin decline as similar trends were observed across the industry.
