Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) had its price objective raised by TD Cowen from $71.00 to $73.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the bank’s stock. TD Cowen’s price objective indicates a potential upside of 6.68% from the stock’s previous close.
Several other research firms also recently commented on ZION. Stephens initiated coverage on Zions Bancorporation, N.A. in a research note on Monday, June 15th. They issued an “overweight” rating and a $79.00 price objective on the stock. Royal Bank Of Canada raised their target price on Zions Bancorporation, N.A. from $64.00 to $68.00 and gave the stock a “sector perform” rating in a research note on Tuesday, April 21st. Robert W. Baird lifted their target price on Zions Bancorporation, N.A. from $68.00 to $75.00 and gave the company a “neutral” rating in a report on Tuesday. Truist Financial upped their price target on Zions Bancorporation, N.A. from $66.00 to $72.00 and gave the company a “hold” rating in a research report on Friday, July 10th. Finally, DA Davidson increased their price target on shares of Zions Bancorporation, N.A. from $75.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Six research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Zions Bancorporation, N.A. has a consensus rating of “Hold” and an average target price of $70.00.
Get Our Latest Stock Report on Zions Bancorporation, N.A.
Zions Bancorporation, N.A. Trading Down 4.8%
Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) last issued its quarterly earnings data on Monday, July 20th. The bank reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.17. The firm had revenue of $878.00 million during the quarter, compared to analysts’ expectations of $877.44 million. Zions Bancorporation, N.A. had a net margin of 19.53% and a return on equity of 13.90%. During the same period last year, the company earned $1.63 earnings per share. Sell-side analysts predict that Zions Bancorporation, N.A. will post 6.49 EPS for the current fiscal year.
Zions Bancorporation, N.A. announced that its Board of Directors has initiated a stock buyback program on Saturday, May 2nd that permits the company to buyback $225.00 million in shares. This buyback authorization permits the bank to reacquire up to 2.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.
Insider Transactions at Zions Bancorporation, N.A.
In other news, EVP Jennifer Anne Smith sold 4,209 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $62.50, for a total value of $263,062.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.43% of the stock is currently owned by company insiders.
Institutional Trading of Zions Bancorporation, N.A.
Hedge funds have recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Zions Bancorporation, N.A. in the fourth quarter worth about $105,700,000. Balyasny Asset Management L.P. boosted its position in Zions Bancorporation, N.A. by 1,270.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,146,992 shares of the bank’s stock valued at $67,145,000 after buying an additional 1,063,303 shares during the period. AQR Capital Management LLC raised its stake in shares of Zions Bancorporation, N.A. by 31.6% during the third quarter. AQR Capital Management LLC now owns 2,963,545 shares of the bank’s stock valued at $167,677,000 after acquiring an additional 711,218 shares during the last quarter. Adage Capital Partners GP L.L.C. bought a new stake in shares of Zions Bancorporation, N.A. in the second quarter worth about $32,008,000. Finally, FIL Ltd raised its position in Zions Bancorporation, N.A. by 117.6% during the 4th quarter. FIL Ltd now owns 1,113,079 shares of the bank’s stock valued at $65,160,000 after purchasing an additional 601,610 shares during the last quarter. Institutional investors own 76.84% of the company’s stock.
Trending Headlines about Zions Bancorporation, N.A.
Here are the key news stories impacting Zions Bancorporation, N.A. this week:
- Positive Sentiment: Zions reported second-quarter earnings per share of $1.74, beating the consensus estimate of $1.57, while revenue of $878 million was slightly ahead of expectations. The company also highlighted net earnings of $452 million, supporting the stock. Zions Bancorporation, National Association Reports Second Quarter Financial Results
- Positive Sentiment: Robert W. Baird raised its price target on Zions Bancorporation, N.A. from $68 to $75, signaling continued confidence in the bank’s outlook even while keeping a neutral rating. Tickerreport.com
- Neutral Sentiment: Multiple earnings-call recaps and transcripts are circulating, keeping attention on Zions’ Q2 results and management commentary for clues about loan growth, margins, and credit quality. Zions Bancorp NA (ZION) Q2 2026 Earnings Call Highlights: Strong Earnings and Strategic Growth …
- Negative Sentiment: JPMorgan Chase & Co. downgraded Zions Bancorporation, N.A. from neutral to underweight, which could temper enthusiasm despite the earnings beat. Benzinga
Zions Bancorporation, N.A. Company Profile
Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.
The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.
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