Zacks Research Has Bearish Estimate for ZION Q2 Earnings

Zions Bancorporation, National Association (NASDAQ:ZION) – Zacks Research cut their Q2 2026 earnings per share estimates for Zions Bancorporation, National Association in a research note issued to investors on Wednesday, April 9th. Zacks Research analyst R. Department now anticipates that the bank will post earnings per share of $1.32 for the quarter, down from their prior forecast of $1.34. The consensus estimate for Zions Bancorporation, National Association’s current full-year earnings is $5.39 per share. Zacks Research also issued estimates for Zions Bancorporation, National Association’s FY2026 earnings at $5.40 EPS.

A number of other analysts have also recently weighed in on ZION. Royal Bank of Canada raised their price objective on Zions Bancorporation, National Association from $61.00 to $63.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. The Goldman Sachs Group raised Zions Bancorporation, National Association from a “neutral” rating to a “buy” rating and set a $71.00 price target for the company in a report on Tuesday, January 7th. DA Davidson upped their price objective on shares of Zions Bancorporation, National Association from $66.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. Wells Fargo & Company decreased their price objective on shares of Zions Bancorporation, National Association from $62.00 to $58.00 and set an “equal weight” rating for the company in a research report on Friday, March 28th. Finally, Barclays boosted their target price on shares of Zions Bancorporation, National Association from $59.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $61.81.

Zions Bancorporation, National Association Price Performance

Shares of ZION opened at $42.90 on Monday. The company has a 50 day moving average of $50.24 and a two-hundred day moving average of $53.52. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.16. Zions Bancorporation, National Association has a twelve month low of $39.05 and a twelve month high of $63.22. The company has a market cap of $6.33 billion, a price-to-earnings ratio of 8.67, a price-to-earnings-growth ratio of 1.61 and a beta of 0.92.

Zions Bancorporation, National Association (NASDAQ:ZION) last released its quarterly earnings results on Tuesday, January 21st. The bank reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.08. The business had revenue of $820.00 million for the quarter, compared to analysts’ expectations of $787.70 million. Zions Bancorporation, National Association had a net margin of 15.70% and a return on equity of 13.65%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business earned $0.78 EPS.

Zions Bancorporation, National Association announced that its board has approved a stock buyback program on Monday, February 24th that permits the company to buyback $40.00 million in shares. This buyback authorization permits the bank to repurchase up to 0.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Zions Bancorporation, National Association Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 13th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date of this dividend was Thursday, February 13th. Zions Bancorporation, National Association’s payout ratio is presently 34.75%.

Insider Buying and Selling at Zions Bancorporation, National Association

In other Zions Bancorporation, National Association news, EVP Steven Dan Stephens sold 10,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $55.71, for a total value of $557,100.00. Following the completion of the transaction, the executive vice president now owns 45,847 shares in the company, valued at approximately $2,554,136.37. This represents a 17.91 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Jennifer Anne Smith sold 22,673 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $56.47, for a total value of $1,280,344.31. Following the sale, the executive vice president now owns 29,313 shares in the company, valued at $1,655,305.11. This trade represents a 43.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,029 shares of company stock valued at $1,855,321. 2.22% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Zions Bancorporation, National Association by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 19,037,323 shares of the bank’s stock worth $1,032,775,000 after acquiring an additional 285,588 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Zions Bancorporation, National Association by 2.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,807,221 shares of the bank’s stock valued at $369,295,000 after purchasing an additional 175,656 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Zions Bancorporation, National Association by 4.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,882,983 shares of the bank’s stock worth $264,902,000 after purchasing an additional 194,995 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its position in shares of Zions Bancorporation, National Association by 0.5% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 2,698,530 shares of the bank’s stock worth $146,396,000 after purchasing an additional 14,070 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Zions Bancorporation, National Association by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 2,637,917 shares of the bank’s stock valued at $124,592,000 after buying an additional 30,030 shares in the last quarter. 76.84% of the stock is owned by institutional investors and hedge funds.

Zions Bancorporation, National Association Company Profile

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.