Zions Bancorporation(ZION)
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ZIONS BANCORPORATION TO PRESENT AT THE RBC CAPITAL MARKETS GLOBAL FINANCIAL INSTITUTIONS CONFERENCE
Prnewswire· 2025-02-21 16:01
Company Overview - Zions Bancorporation, N.A. is a leading financial services company with approximately $89 billion in total assets as of December 31, 2024 [2] - The company reported annual net revenue of $3.1 billion for the year 2024 [2] - Zions operates in 11 western states under local management teams and distinct brands, including Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming [2] Industry Position - Zions Bancorporation is recognized for its excellence in small- and middle-market banking, consistently receiving national and state-wide customer survey awards [2] - The company is also a leader in public finance advisory services and Small Business Administration lending [2] - Zions is included in the S&P MidCap 400 and NASDAQ Financial 100 indices, highlighting its significant presence in the financial sector [2] Upcoming Events - Scott McLean, President and COO of Zions Bancorporation, will present at the RBC Capital Markets Global Financial Institutions Conference on March 4, 2025, at 4:00 pm Eastern [1] - An audio webcast of the presentation will be available on the Zions Bancorporation website, with a replay accessible after the event [1]
Is Zions Bancorporation (ZION) Stock Undervalued Right Now?
ZACKS· 2025-02-17 15:46
Core Viewpoint - Zions Bancorporation (ZION) is currently considered an attractive investment opportunity due to its strong value metrics and positive earnings outlook [4][8]. Valuation Metrics - ZION has a Forward P/E ratio of 10.30, which is lower than the industry's average of 11.30. Over the past year, ZION's Forward P/E has fluctuated between 8.72 and 12.64, with a median of 10.05 [4]. - The P/B ratio for ZION is 1.35, compared to the industry's average of 1.37. Its P/B ratio has ranged from 1.07 to 1.53 over the past year, with a median of 1.23 [5]. - ZION's P/S ratio stands at 1.65, significantly lower than the industry's average of 2.32, indicating a potentially undervalued stock based on sales performance [6]. - The P/CF ratio for ZION is 8.97, which is attractive compared to the industry's average of 11.01. This ratio has varied from 6.86 to 11.06 over the past year, with a median of 8.66 [7]. Investment Outlook - The combination of ZION's strong earnings outlook and favorable valuation metrics suggests that the stock is likely undervalued at present, making it a compelling value investment [8].
Why Zions (ZION) Might be Well Poised for a Surge
ZACKS· 2025-02-10 18:21
Core Viewpoint - Zions (ZION) is experiencing solid improvements in earnings estimates, which is likely to positively impact its stock price in the near term [1][2]. Earnings Estimate Revisions - Current-quarter earnings estimate is $1.16 per share, reflecting a +12.62% change from the previous year [4]. - Over the last 30 days, the Zacks Consensus Estimate for Zions has increased by 5.28%, with four estimates moving higher and no negative revisions [4]. - For the full year, the expected earnings are $5.35 per share, representing an +8.08% change from the prior year [5]. - The current year's revisions show a positive trend, with 10 estimates moving higher and a consensus estimate increase of 7.21% [5]. Zacks Rank - Zions currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions and potential for outperformance [6]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6]. Stock Performance - Zions' stock has gained 7.4% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [7].
Why Zions (ZION) is a Great Dividend Stock Right Now
ZACKS· 2025-02-10 17:46
Group 1: Company Overview - Zions is based in Salt Lake City and operates in the Finance sector, with a year-to-date share price change of 5.55% [3] - The company currently pays a dividend of $0.43 per share, resulting in a dividend yield of 3%, which is higher than the Banks - West industry's yield of 2.67% and the S&P 500's yield of 1.49% [3] Group 2: Dividend Performance - Zions has an annualized dividend of $1.72, reflecting a 3.6% increase from the previous year [4] - Over the past five years, Zions has increased its dividend three times, achieving an average annual increase of 5.51% [4] - The current payout ratio is 35%, indicating that the company pays out 35% of its trailing 12-month earnings per share as dividends [4] Group 3: Earnings Expectations - Zions is expected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $5.35 per share, representing a year-over-year growth rate of 8.08% [5] Group 4: Investment Appeal - Zions is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]
CALIFORNIA BANK & TRUST BECOMES FOUNDING SPONSOR AND OFFICIAL BANK OF SAN DIEGO FOOTBALL CLUB
Prnewswire· 2025-02-07 16:49
Core Insights - California Bank & Trust (CB&T) has entered a multi-year partnership with San Diego Football Club (SDFC) as the Official Bank and a founding Chrome Club Partner, coinciding with SDFC's inaugural 2025 Major League Soccer (MLS) season in San Diego [1][2] Company Overview - CB&T has been serving California families and businesses for over 70 years, providing personalized banking solutions and earning recognition as "Best Bank" by San Diego Union-Tribune readers for 14 consecutive years [6][7] Partnership Details - The partnership includes exclusive benefits for CB&T, such as access to a premier suite, title sponsorship of a home game, co-branded content, and special retail promotions [2][3] - CB&T will integrate banking products and services into SDFC's ecosystem, offering exclusive soccer experiences and discounts to bank customers and their families [2] Community Initiatives - CB&T and SDFC will collaborate on community programs focused on financial literacy, small business support, and youth leadership development [3][6] - Specific initiatives include delivering small-business events, developing a youth leadership program, and creating a financial education program for SDFC players and fans [6] Economic Impact - The partnership is expected to energize the San Diego region, contributing to economic growth and tourism, with MLS having a history of positively impacting cities across the U.S. [4]
Should Value Investors Buy Zions Bancorporation (ZION) Stock?
ZACKS· 2025-01-31 15:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
Are You Looking for a Top Momentum Pick? Why Zions (ZION) is a Great Choice
ZACKS· 2025-01-28 18:00
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Zions (ZION) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank, which has a strong track record of outperforming the market, with Zions rated 2 (Buy) [3] Group 2: Zions' Performance Metrics - Zions shares have increased by 1.03% over the past week, while the Zacks Banks - West industry remained flat [5] - Over the past month, Zions' shares rose by 6.41%, significantly outperforming the industry's 0.08% [5] - In the last quarter, Zions shares increased by 12.98%, and over the past year, they gained 28.65%, compared to the S&P 500's 3.88% and 24.54% respectively [6] Group 3: Trading Volume and Earnings Outlook - Zions' average 20-day trading volume is 1,114,925 shares, indicating a bullish sign with rising stock prices [7] - In the past two months, 8 earnings estimates for Zions moved higher, increasing the consensus estimate from $4.89 to $5.15 [9] - For the next fiscal year, 4 estimates have moved upwards, while 2 have been revised downwards [9] Group 4: Conclusion - Zions is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a promising pick for near-term investment [11]
Zions (ZION) Could Be a Great Choice
ZACKS· 2025-01-23 17:45
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend ...
Zions Bancorporation: A Mixed Set Of Results Gives Us Pause
Seeking Alpha· 2025-01-22 17:34
The Pioneer Of Seeking Alpha's BAD BEAT Investing, Quad 7 Capital is a team of 7 analysts with a wide range of experience sharing investment opportunities for nearly 12 years. They are best known for their February 2020 call to sell everything & go short, & have been on average 95% long 5% short since May 2020. The broader company has expertise in business, policy, economics, mathematics, game theory, & the sciences. They share both long & short trades & invest personally in equities they discuss within the ...
Zions' Q4 Earnings Top Estimates on Higher NII & Fee Income
ZACKS· 2025-01-22 13:55
Zions Bancorporation’s (ZION) fourth-quarter 2024 earnings per share (EPS) of $1.34 surpassed the Zacks Consensus Estimate of $1.26. Moreover, the bottom line surged 71.8% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results were primarily aided by higher net interest income (NII) and non-interest income. Also, higher loans and deposits were other positives. However, higher provisions and a rise in adjusted non-interest expenses were major headwinds.Resu ...