Zions Bancorporation, National Association (ZION)
Zions' Arm to Acquire Four FirstBank Branches, Boost Presence
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.
Zions Bancorporation: Cheap Valuation Makes Up For A So-So Business
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.
Zions Rides on Rates, Loans & Deposits Amid Weak Asset Quality
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) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
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.
What Makes Zions (ZION) a Strong Momentum Stock: Buy Now?
Does Zions (ZION) have what it takes to be a top stock pick for momentum investors? Let's find out.
Zions Bancorporation: Respectable Results, Stable Operator
Zions Bancorporation, National Association's Q2 earnings beat estimates, handily. Loans grew and deposits dipped slightly. Margins widened.
Zions' (ZION) Q2 Earnings Beat Estimates, Stock Up 3.1%
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: Solid Q2 With Minimal Credit Deterioration (Rating Upgrade)
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.
Zions Bancorporation, National Association (ZION) Q2 2024 Earnings Call Transcript
Zions Bancorporation, National Association (NASDAQ:ZION ) Q2 2024 Earnings Conference Call July 22, 2024 5:30 PM ET Company Participants Shannon Drage - Senior Director of IR Harris Simmons - Chairman and CEO Ryan Richards - CFO Scott McLean - President and COO Conference Call Participants Manan Gosalia - Morgan Stanley John Pancari - Evercore ISI Ben Gerlinger - Citi Steven Alexopoulos - JPMorgan Ken Usdin - Jefferies Bernard Von Gizycki - Deutsche Bank Brandon King - Truist Securities Chris McGratty - KBW Christopher Spahr - Wells Fargo Samuel Varga - UBS Jon Arfstrom - RBC Capital Markets Operator Greetings, and welcome to the Zions Bancorp Q2 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Zions (ZION) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Zions (ZION) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Zions (ZION) Q2 Earnings and Revenues Top Estimates
Zions (ZION) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.11 per share a year ago.
Zions (ZION) Expected to Beat Earnings Estimates: Should You Buy?
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.
