Research Analysts Set Expectations for ZION Q1 Earnings

Zions Bancorporation, National Association (NASDAQ:ZION) – Research analysts at DA Davidson lowered their Q1 2025 earnings per share (EPS) estimates for Zions Bancorporation, National Association in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now expects that the bank will post earnings per share of $1.18 for the quarter, down from their prior forecast of $1.19. DA Davidson currently has a “Buy” rating and a $69.00 target price on the stock. The consensus estimate for Zions Bancorporation, National Association’s current full-year earnings is $5.39 per share. DA Davidson also issued estimates for Zions Bancorporation, National Association’s FY2026 earnings at $5.67 EPS.

Zions Bancorporation, National Association (NASDAQ:ZION) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.08. Zions Bancorporation, National Association had a net margin of 15.70% and a return on equity of 13.65%. The firm had revenue of $820.00 million for the quarter, compared to the consensus estimate of $787.70 million. During the same quarter in the previous year, the company earned $0.78 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis.

Several other brokerages have also issued reports on ZION. Royal Bank of Canada increased their target price on shares of Zions Bancorporation, National Association from $61.00 to $63.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. UBS Group assumed coverage on shares of Zions Bancorporation, National Association in a research report on Tuesday, December 17th. They set a “neutral” rating and a $64.00 price objective on the stock. JPMorgan Chase & Co. reduced their target price on Zions Bancorporation, National Association from $65.00 to $62.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Keefe, Bruyette & Woods upped their price target on Zions Bancorporation, National Association from $65.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 22nd. Finally, The Goldman Sachs Group raised Zions Bancorporation, National Association from a “neutral” rating to a “buy” rating and set a $71.00 price objective for the company in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Zions Bancorporation, National Association has an average rating of “Hold” and an average price target of $60.94.

Zions Bancorporation, National Association Trading Up 1.9 %

NASDAQ ZION opened at $50.44 on Thursday. The stock has a market capitalization of $7.44 billion, a P/E ratio of 10.19, a P/E/G ratio of 1.61 and a beta of 1.10. Zions Bancorporation, National Association has a one year low of $39.05 and a one year high of $63.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.80 and a quick ratio of 0.80. The business has a 50 day simple moving average of $53.15 and a 200 day simple moving average of $53.80.

Zions Bancorporation, National Association announced that its Board of Directors has authorized a share repurchase plan on Monday, February 24th that authorizes the company to repurchase $40.00 million in outstanding shares. This repurchase authorization authorizes the bank to repurchase up to 0.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Zions Bancorporation, National Association Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 13th were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.72 annualized dividend and a dividend yield of 3.41%. Zions Bancorporation, National Association’s payout ratio is currently 34.75%.

Insider Buying and Selling

In other Zions Bancorporation, National Association news, EVP Jennifer Anne Smith sold 22,673 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $56.47, for a total transaction of $1,280,344.31. Following the sale, the executive vice president now owns 29,313 shares of the company’s stock, valued at $1,655,305.11. The trade was a 43.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Steven Dan Stephens sold 10,000 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $55.71, for a total value of $557,100.00. Following the sale, the executive vice president now owns 45,847 shares in the company, valued at approximately $2,554,136.37. This represents a 17.91 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 33,029 shares of company stock valued at $1,855,321. 2.22% of the stock is owned by company insiders.

Institutional Trading of Zions Bancorporation, National Association

A number of institutional investors have recently added to or reduced their stakes in ZION. EverSource Wealth Advisors LLC boosted its position in shares of Zions Bancorporation, National Association by 51.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 541 shares of the bank’s stock valued at $29,000 after acquiring an additional 183 shares during the period. Covestor Ltd increased its holdings in shares of Zions Bancorporation, National Association by 128.1% in the fourth quarter. Covestor Ltd now owns 853 shares of the bank’s stock worth $46,000 after purchasing an additional 479 shares during the period. SRS Capital Advisors Inc. raised its holdings in shares of Zions Bancorporation, National Association by 120.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 901 shares of the bank’s stock valued at $49,000 after acquiring an additional 493 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of Zions Bancorporation, National Association during the 4th quarter valued at about $62,000. Finally, Natixis purchased a new position in shares of Zions Bancorporation, National Association during the fourth quarter worth about $102,000. Hedge funds and other institutional investors own 76.84% of the company’s stock.

About Zions Bancorporation, National Association

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.