ZION Stock - Zions Bancorporation, National Association
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $4.99B | $4.62B | $3.34B | $2.97B | $2.94B |
| Gross Profit | $3.06B | $2.98B | $3.03B | $3.19B | $2.38B |
| Gross Margin | 61.2% | 64.5% | 90.8% | 107.3% | 80.8% |
| Operating Income | $1.01B | $886.00M | $1.15B | $1.45B | $672.00M |
| Net Income | $784.00M | $680.00M | $907.00M | $1.13B | $539.00M |
| Net Margin | 15.7% | 14.7% | 27.2% | 38.0% | 18.3% |
| EPS | $4.95 | $4.35 | $5.80 | $6.80 | $3.06 |
Zions Bancorporation, National Association provides various banking and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers corporate banking services; commercial banking, including a focus on small- and medium-sized businesses; commercial real estate banking services; municipal and public finance services; retail banking, including residential mortgages; trust services; wealth management and private client banking services; and capital markets products and services. As of December 31, 2020, it operated 422 branches, which included 273 owned and 149 leased. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 19th 2025 | Jefferies | Upgrade | Buy | $60 |
| October 23rd 2025 | BofA Securities | Upgrade | Neutral | $62 |
| October 17th 2025 | Robert W. Baird | Upgrade | Outperform | $65 |
| September 25th 2025 | TD Cowen | Initiation | Hold | $64 |
| September 10th 2025 | Cantor Fitzgerald | Initiation | Overweight | $64 |
| July 22nd 2025 | Jefferies | Upgrade | Hold | $60 |
| May 21st 2025 | Jefferies | Initiation | Underperform | $40 |
| May 13th 2025 | Truist | Initiation | Hold | $52 |
| April 28th 2025 | Argus | Upgrade | Buy | $55 |
| January 7th 2025 | Goldman | Upgrade | Buy | $71 |
| December 17th 2024 | UBS | Resumed | Neutral | - |
| September 30th 2024 | Morgan Stanley | Upgrade | Equal Weight | $54 |
| July 25th 2024 | Argus | Downgrade | Hold | - |
| April 10th 2024 | Deutsche Bank | Initiation | Hold | $47 |
| January 5th 2024 | Truist | Downgrade | Hold | $46← $51 |
Earnings History & Surprises
ZIONEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 20, 2026 | — | — | — | — |
Q1 2026 | Jan 20, 2026 | $1.58 | — | — | — |
Q4 2025 | Oct 20, 2025 | $1.46 | $1.54 | +5.5% | ✓ BEAT |
Q3 2025 | Jul 21, 2025 | $1.31 | $1.58 | +20.6% | ✓ BEAT |
Q2 2025 | Apr 21, 2025 | $1.19 | $1.24 | +4.2% | ✓ BEAT |
Q1 2025 | Jan 21, 2025 | $1.25 | $1.34 | +7.2% | ✓ BEAT |
Q4 2024 | Oct 21, 2024 | $1.17 | $1.37 | +17.1% | ✓ BEAT |
Q3 2024 | Jul 22, 2024 | $1.10 | $1.29 | +17.3% | ✓ BEAT |
Q2 2024 | Apr 22, 2024 | $0.98 | $0.96 | -2.0% | ✗ MISS |
Q1 2024 | Jan 22, 2024 | $1.00 | $1.29 | +29.0% | ✓ BEAT |
Q4 2023 | Oct 18, 2023 | $1.15 | $1.13 | -1.7% | ✗ MISS |
Q3 2023 | Jul 19, 2023 | $1.11 | $1.11 | 0.0% | = MET |
Q2 2023 | Apr 19, 2023 | $1.53 | $1.33 | -13.1% | ✗ MISS |
Q1 2023 | Jan 23, 2023 | $1.64 | $1.84 | +12.2% | ✓ BEAT |
Q4 2022 | Oct 24, 2022 | $1.58 | $1.40 | -11.4% | ✗ MISS |
Q3 2022 | Jul 26, 2022 | $1.35 | $1.29 | -4.4% | ✗ MISS |
Q2 2022 | Apr 25, 2022 | $1.15 | $1.27 | +10.4% | ✓ BEAT |
Q1 2022 | Jan 24, 2022 | $1.31 | $1.34 | +2.3% | ✓ BEAT |
Q4 2021 | Oct 18, 2021 | $1.35 | $1.45 | +7.4% | ✓ BEAT |
Q3 2021 | Jul 19, 2021 | $1.29 | $2.08 | +61.2% | ✓ BEAT |
Latest News
JP Morgan Maintains Neutral on Zions Bancorp, Raises Price Target to $67
➖ NeutralEvercore ISI Group Maintains Outperform on Zions Bancorp, Raises Price Target to $65
📈 PositiveJefferies Upgrades Zions Bancorp to Buy, Raises Price Target to $60
📈 PositiveUBS Maintains Neutral on Zions Bancorp, Lowers Price Target to $57
➖ NeutralB of A Securities Upgrades Zions Bancorp to Neutral, Raises Price Target to $62
📈 Positive'Zions CEO Cautions of 'Yellow Flag' in Private-Credit Market'- Bloomberg
📉 NegativeJP Morgan Maintains Neutral on Zions Bancorp, Raises Price Target to $62
➖ NeutralZions Bancorp Q3 EPS $1.48 Beats $1.45 Estimate, Sales $861.000M Beat $843.606M Estimate
📈 PositiveZions upgraded to Buy-equivalent at Baird after sell-off, citing 'magnitude is overdone'
📈 PositiveBaird Upgrades Zions Bancorp to Outperform, Maintains Price Target to $65
📈 PositivePiper Sandler Maintains Neutral on Zions Bancorp, Lowers Price Target to $59
➖ NeutralZions Bancorporation shares are trading lower after the company announced that it is aware of legal actions against two borrowers under two related commercial and industrial loans extended by it's California Bank & Trust division. The company will take a provision for approximately $60 million.
📉 NegativeZions Bancorporation National Association Says Aware Of Legal Actions Against Two Borrowers; To Take $60M Provision, Charge Off $50M; Provision And Charge-Off To Be Reflected In Q3 2025 Earnings; Intends To File Lawsuit In California For Full Recovery; Upon Review, Identified Apparent Misrepresentations, Contractual Defaults By The Borrowers, Obligors & Other Irregularities
📉 NegativeEvercore ISI Group Maintains Outperform on Zions Bancorp, Raises Price Target to $64
📈 PositiveMorgan Stanley Maintains Equal-Weight on Zions Bancorp, Raises Price Target to $70
📈 PositiveTD Cowen Initiates Coverage On Zions Bancorp with Hold Rating, Announces Price Target of $64
➖ NeutralCantor Fitzgerald Initiates Coverage On Zions Bancorp with Overweight Rating, Announces Price Target of $64
📈 PositiveFrequently Asked Questions about ZION
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