Investors are always looking for stocks that are poised to beat at earnings season and Zion Bancorporation (ZION) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Zion Bancorporation is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a ...

Wall Street analysts expect Zions (ZION) to post quarterly earnings of $1.16 per share in its upcoming report, which indicates a year-over-year increase of 2.7%. Revenues are expected to be $781.63 million, up 0.7% from the year-ago quarter. The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Ahead of a company' ...

The market expects Zions (ZION) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...

SALT LAKE CITY, Oct. 8, 2024 /PRNewswire/ -- Ryan Richards, Chief Financial Officer of Zions Bancorporation (NASDAQ: ZION), will present at the BancAnalysts Association of Boston's Annual Bank Conference at the Langham Hotel in Boston Thursday, November 7 at 3:05 pm ET. A live webcast of the session may be accessed on the Zions Bancorporation website, zionsbancorporation.com. The webcast will also be archived and available on the website for 30 days. Zions Bancorporation, N.A. is one of the nation's premier ...

Core Viewpoint - Zions Bancorporation's California Bank & Trust has agreed to acquire four branches from FirstBank, enhancing its market presence in Coachella Valley and expanding its customer base [1][2][4]. Acquisition Details - The acquisition involves approximately $730 million in deposits and $420 million in loans, expected to be completed in Q1 2025, pending customary approvals [2]. - The branches will initially continue operating under the FirstBank name and will be re-branded as California Bank & Trust after the deal's completion [3]. Strategic Rationale - This acquisition will increase Zions' physical locations in Coachella Valley to six and add around 15,000 new customers, resulting in a combined market share of 7% in the region [4]. - The transaction aligns with Zions' growth strategy to deepen its footprint and expand market share, following a previous acquisition of three branches in Northern Nevada in 2022 [4]. Market Performance - Year-to-date, Zions' shares have increased by 7.8%, compared to an 8.6% rise in the industry [6].

Core Points - California Bank & Trust (CB&T) has announced an agreement to acquire four FirstBank branches in Palm Desert and Indio, which includes approximately $730 million in deposits and $420 million in loans [1][2] - The acquisition will expand CB&T's presence in Coachella Valley to six locations and add around 15,000 new customers, resulting in a combined market share of 7% in the region [1][2] - The transaction is expected to be completed in the first quarter of 2025, pending regulatory approval [2] Company Information - CB&T has been recognized as a leading bank in California for over 70 years, receiving multiple awards for excellence in banking services [6] - FirstBank, established in 1963, is known for its digital banking services and operates over 100 branches across Colorado, Arizona, and California [7] - FirstBank has contributed over $90 million to charitable organizations since 2000, highlighting its commitment to corporate philanthropy [7]

SALT LAKE CITY, Sept. 4, 2024 /PRNewswire/ -- Harris Simmons, Chairman and CEO of Zions Bancorporation, N.A. (NASDAQ: ZION), will make a presentation at the Barclays Global Financial Services Conference, Tuesday, September 10 at 12:00 pm Eastern. An audio webcast of the session may be accessed on the Zions Bancorporation website, zionsbancorporation.com. The webcast will also be archived and available on the website for 30 days. Zions Bancorporation, N.A. is one of the nation's premier financial services co ...

Zions Bancorp (ZION) remains well-positioned for growth driven by strong loans and deposits, higher interest rates and efforts to boost fee income. However, a mounting expense base and deteriorating asset quality act as headwinds. Zions remains focused on its organic growth strategy. The company's total revenues recorded a CAGR of 2.3% in the last five years (2018-2023). This was primarily driven by robust loan growth, with loans and net leases (net of unearned income and fees) witnessing a 4.4% CAGR in the ...

SALT LAKE CITY, Aug. 2, 2024 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors ("board") declared a regular quarterly dividend of $0.41 per common share, payable August 22, 2024, to shareholders of record at the close of business on August 15, 2024. Additionally, the board declared regular quarterly cash dividends on the company's various perpetual preferred shares, as detailed below. The cash dividend on the following series are payable September 15, 2024 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With 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 that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...