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.
Zion Bancorporation (ZION) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Beyond analysts' top -and-bottom-line estimates for Zions (ZION), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Zions (ZION) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ZION's arm, California Bank & Trust, is set to buy four branches from California-based FirstBank to expand its footprint in Coachella Valley to six locations.
Shares of Utah-based Zions Bancorporation have done okay over the past 12 months, roughly matching the wider regional bank space with a circa 40% total return. Zions isn't the best bank out there. Its funding profile is good, though not spectacular, while it struggles in terms of efficiency. Zions' lack of quality is made up for by its cheap valuation. At around 10.5x consensus EPS, the stock doesn't need to move mountains to generate decent returns for investors.
Solid loans and deposit balance, efforts to strengthen fee income, stabilizing deposit costs and high rates support ZION stock amid mounting costs and poor asset quality.
Zions (ZION) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Does Zions (ZION) have what it takes to be a top stock pick for momentum investors? Let's find out.
Zions Bancorporation, National Association's Q2 earnings beat estimates, handily. Loans grew and deposits dipped slightly. Margins widened.
Zions (ZION) second-quarter earnings beat estimates on the back of higher NII, lower provisions and a rise in loans and deposits. However, a lower non-interest income and higher expenses remain woes.
Zions Bancorporation shares have risen 33% in the past year, with a 3.5% increase after solid Q2 results. ZION has seen growth in net interest income, aided by stable deposits, and modest loan growth, with improved liquidity given security maturities. The bank is well-capitalized, with a strong CET1 ratio, and may be a candidate for bank consolidation in the future.