Zions (ZION) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earni ...

SALT LAKE CITY, Nov. 14, 2024 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that it successfully priced $500,000,000 of Fixed-to-Floating Rate Subordinated Notes (CUSIP: 98971DAC4) due November 19, 2035 in a public transaction exempt from registration under Section 3(a)(2) of the Securities Act of 1933, as amended. The offering is expected to settle on November 19, 2024, subject to customary closing conditions.The interest rate for the fixed rate period, which runs from, and incl ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Have you been paying attention to shares of Zions (ZION) ? Shares have been on the move with the stock up 25.2% over the past month. The stock hit a new 52-week high of $60.41 in the previous session. Zions has gained 37.6% since the start of the year compared to the 24.1% move for the Zacks Finance sector and the 30.7% return for the Zacks Banks - West industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate ...

Zions (ZION) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this financial holding company, should get reflected in its stock price. After all, empirical research shows a strong correlation betwe ...

Investors interested in Banks - West stocks are likely familiar with Zions (ZION) and Bank of Hawaii (BOH) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our St ...

Shares of Zions Bancorporation (ZION) gained 3.2% in the after-market session in response to better-than-expected third-quarter 2024 results. Earnings per share (EPS) of $1.37 surpassed the Zacks Consensus Estimate of $1.16. Moreover, the bottom line increased 21.2% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results were primarily aided by lower provisions and higher net interest income (NII). Also, higher loans and deposits were other positives. Howev ...

For the quarter ended September 2024, Zions (ZION) reported revenue of $804 million, up 3.6% over the same period last year. EPS came in at $1.37, compared to $1.13 in the year-ago quarter.The reported revenue represents a surprise of +2.86% over the Zacks Consensus Estimate of $781.63 million. With the consensus EPS estimate being $1.16, the EPS surprise was +18.10%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

Zions (ZION) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.10%. A quarter ago, it was expected that this financial holding company would post earnings of $1.10 per share when it actually produced earnings of $1.21, delivering a surprise of 10%.Over the last four quarters, the com ...

SALT LAKE CITY, Oct. 21, 2024 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) ("Zions" or "the Bank") today reported net earnings applicable to common shareholders for the third quarter of 2024 of $204 million, or $1.37 per diluted common share, compared with net earnings applicable to common shareholders of $168 million, or $1.13 per diluted common share, for the third quarter of 2023, and net earnings applicable to common shareholders of $190 million, or $1.28 per diluted common share, for the s ...