Analyst cuts price target for regional bank's shares as it discloses loan losses, days after JPMorgan Chase CEO Jamie Dimon warned of credit-market conditions. ...

U.S. regional bank stocks fell on Thursday after Zions Bancorporation disclosed that it would take a $50 million charge-off in the third quarter on two commercial and industrial loans extended by its ... ...

NEW YORK (AP) — U.S. stocks fell on Thursday, hurt by drops for midsized banks as worries flare about the loans they’ve made. The S&P 500 slid 0.6% in its latest up-and-down day after erasing a morning gain. The Dow Jones Industrial Average dropped 301 points, or 0.7%, and the Nasdaq composite lost 0.5%. Zions Bancorp. tumbled 13.1% after the bank said its profit for the third quarter will take a hit because of a $50 million charge-off related to loans made to a pair of borrowers. Zions said it found “ap ...

Market Overview - After five consecutive declines, the U.S. stock market rebounded strongly, with all three major indices closing higher: the Dow Jones increased by 1.29%, the Nasdaq rose by 2.21%, and the S&P 500 gained 1.56% [1] Banking Sector - The banking sector experienced a collective reversal, with notable gains including Alliance West Bank up by 5.23%, and other major banks such as Citigroup, Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Zions Bank all seeing increases of over 2% [3] Technology Sector - The technology sector saw a robust performance, highlighted by Tesla's increase of 5.42%, Qualcomm up by 5.33%, Google rising by 3.2%, Nvidia gaining 2.82%, Intel up by 2.34%, and Amazon increasing by 1.71%. Other tech giants like Apple and Microsoft also recorded slight gains [3] Chinese Concept Stocks - Chinese concept stocks opened high and maintained strong performance throughout the day, with the China Golden Dragon Index rising by 3.21%. Notable individual performances included NIO up by 7%, Alibaba increasing by 4.91%, JD.com rising by 4.4%, and XPeng Motors up by 3.38% [3] Gold Market - COMEX gold prices opened lower but surged throughout the day, closing up by 2.34% at $4,130 per ounce. The intraday range saw a low of $4,011.3 and a high of $4,137.2. The current sentiment around gold is mixed, balancing fears of high prices against prevailing trends [3]

Zions (ZION) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 20. O ...

Group 1 - Zions Bancorporation's shares have increased by 20% over the past year, indicating solid performance [1] - The company's capital position is described as relatively light, but its decentralized model contributes to strong underwriting outcomes [1] - Potential further rate cuts could alleviate capital concerns for the company [1]

Core Viewpoint - Value investing remains a preferred strategy for identifying strong stocks across various market conditions, focusing on undervalued stocks to maximize profits [2]. Group 1: Columbia Banking System (COLB) - Columbia Banking System (COLB) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong investment potential [4]. - COLB's P/E ratio is 8.7, significantly lower than the industry average of 10.82, suggesting it may be undervalued [4]. - The stock's P/B ratio is 1.04, compared to the industry's average of 1.34, further indicating solid valuation metrics [5]. - COLB's P/S ratio stands at 1.87, lower than the industry average of 2.32, reinforcing its attractiveness to value investors [6]. - The P/CF ratio for COLB is 9.39, compared to the industry's average of 10.97, highlighting its favorable cash flow outlook [7]. - Over the past year, COLB's Forward P/E has fluctuated between 7.59 and 11.81, with a median of 9.10 [4]. Group 2: Zions Bancorporation (ZION) - Zions Bancorporation (ZION) also holds a Zacks Rank of 2 (Buy) and a Value score of A, making it another attractive investment option [8]. - ZION's forward earnings multiple is 10.10, which is in line with the industry average P/E of 10.82 [8]. - The PEG ratio for ZION is 1.52, compared to the industry's PEG ratio of 1.23, indicating a reasonable growth valuation [8]. - ZION's P/B ratio is 1.33, closely matching the industry's average of 1.34, suggesting it is fairly valued [9]. - Over the past year, ZION's Forward P/E has ranged from 7.65 to 12.64, with a median of 9.98 [9]. Group 3: Investment Outlook - Both COLB and ZION exhibit strong value grades and are likely undervalued based on their key financial metrics, making them compelling investment opportunities [10].

Group 1 - The company is focused on the western part of the country and primarily serves small business customers [1] - There is a cautious outlook regarding the impact of elevated inflation, higher interest rates, and tariff uncertainty on borrowers [2] - Despite concerns, the current business environment remains reasonably stable, with ongoing customer engagement [3]

Group 1 - The company is focused on the western part of the country and targets small business customers, facing challenges from elevated inflation, higher interest rates, and tariff uncertainties [1] - Despite initial expectations of significant negative impacts from tariffs, the situation has not deteriorated as feared, although caution remains regarding future challenges in the business environment [2] - Current business conditions are described as reasonably decent, with ongoing discussions with prospective customers indicating a level of stability [3]

Summary of Zions Bancorporation FY Conference Call Company Overview - **Company**: Zions Bancorporation (NasdaqGS: ZION) - **Date of Conference**: September 10, 2025 Key Industry Insights - **Economic Environment**: The company operates primarily in the western U.S., focusing on small business customers. The current economic backdrop includes elevated inflation, higher interest rates, and tariff uncertainties, which are creating a cautious atmosphere among borrowers [3][4][5] - **Borrower Sentiment**: Borrowers are preparing for potential price pressures but have not yet experienced significant input cost increases. There is a general sense of waiting for adverse economic changes [4][5][9] - **Regional Performance**: Texas and Utah economies are performing well, while California presents challenges. Las Vegas is experiencing a decline in foreign tourism, prompting efforts to attract visitors [10][11] Financial Performance - **Loan Demand**: The company is cautious about projecting loan demand due to the uncertain economic environment. There is a focus on small business lending and SBA lending, with some growth expected [21][22] - **Net Interest Margin**: Zions Bancorporation has achieved six consecutive quarters of net interest margin expansion. The expectation is for continued margin growth, potentially reaching a natural net interest margin of 3% to 3.5% by the end of 2026 [14][15][20] Capital Markets and Income Growth - **Capital Markets Growth**: Significant growth in capital markets revenue, increasing from approximately $40 million in 2020 to an expected $90 million in 2025. The company is expanding its advisory and investment banking services for middle-market customers [23][24] - **Wealth Management**: There is a focus on providing wealth management services to small business owners, with expectations for growth in this area as interest rates decline [25] Expense Management and Efficiency - **Cost Control**: The company has reduced headcount by about 3% and is exploring AI and automation to improve efficiency in operations [28][29] - **FutureCore Project**: The implementation of the FutureCore system is expected to enhance data organization and operational efficiency, positioning the company favorably against peers [31][32] Credit Quality and Risk Management - **Credit Quality**: There has been an increase in criticized classified assets, primarily in multifamily and commercial real estate. However, the company maintains a low average annualized net charge-off rate of 0.7 basis points over the past five years [33][36] - **Economic Concerns**: Potential risks are anticipated from a slowing economy, particularly affecting small businesses and commercial lending. The company remains confident in its collateralized commercial portfolio [38] Capital and Regulatory Environment - **Capital Position**: The CET1 ratio is solid, with tangible capital growing approximately 20% over the last year. The company is prepared for regulatory changes as it approaches the $100 billion asset threshold [39][56] - **M&A Outlook**: There is an openness to M&A opportunities, particularly in the community bank space, as the regulatory environment becomes more favorable [42][55] Competitive Landscape - **Market Competition**: The company faces competition from private credit and non-bank lenders, particularly in the West. However, Zions Bancorporation believes it can offer a differentiated experience through relationship banking [63][65] Conclusion - Zions Bancorporation is navigating a cautious economic environment with a focus on small business lending, capital markets growth, and operational efficiency. The company is well-positioned to manage credit quality and regulatory challenges while exploring potential M&A opportunities in the community banking sector.