Based on ratings from 26 stock analysts, the Zions Bancorp NA stock price is expected to increase by 7.5% in 12 months. This is calculated by using the average 12-month stock price forecast for Zions Bancorp NA. The lowest target is $47 and the highest is $58. Please note analyst price targets are not guaranteed and could be missed completely.
Zions Bancorp NA has a total of 26 Wall St Analyst ratings. There are 13 buy ratings, 12 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Zions Bancorp NA will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of ZION.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
John Pancari Evercore ISI Group | Outperform | $56 | Maintains | Oct 2, 2024 |
Ken Zerbe Morgan Stanley | Equal-Weight | $54 | Upgrade | Sep 30, 2024 |
Jennifer Demba Truist Securities | Hold | $52 | Maintains | Sep 20, 2024 |
Ken Usdin Jefferies | Hold | $49 | Maintains | Sep 11, 2024 |
Mike Mayo Wells Fargo | Equal-Weight | $50 | Maintains | Aug 21, 2024 |
Ken Zerbe Morgan Stanley | Underweight | $54 | Maintains | Aug 5, 2024 |
Kevin Heal Argus Research | Hold | Downgrade | Jul 25, 2024 | |
David Rochester Compass Point | Neutral | $52 | Maintains | Jul 24, 2024 |
Jennifer Demba Truist Securities | Hold | $54 | Maintains | Jul 24, 2024 |
Ryan Nash Goldman Sachs | Neutral | $54 | Maintains | Jul 23, 2024 |
Terry McEvoy Stephens & Co. | Equal-Weight | $51 | Maintains | Jul 23, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $54 | Maintains | Jul 23, 2024 |
Ken Zerbe Morgan Stanley | Underweight | $42 | Maintains | Jul 23, 2024 |
David George Baird | Neutral | $52 | Maintains | Jul 23, 2024 |
David Chiaverini Wedbush | Neutral | $52 | Maintains | Jul 23, 2024 |
Mike Mayo Wells Fargo | Equal-Weight | $52 | Maintains | Jul 23, 2024 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $52 | Maintains | Jul 23, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $48 | Maintains | Jul 9, 2024 |
Erika Najarian UBS | Neutral | $45 | Maintains | Apr 23, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $47 | Maintains | Apr 23, 2024 |
When did it IPO
1990
Staff Count
9,696
Country
United States
Sector/Industry
Financial Services/BanksโRegional
CEO
Mr. Harris Henry Simmons
Market Cap
$7.07B
In 2023, ZION generated $3.12B in revenue, which was a decrease of -1.17% from the previous year. This can be seen as a signal that ZION's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - California Bank & Trust has acquired four FirstBank branches in Palm Desert and Indio, totaling about $730 million in deposits and $420 million in loans.
Why It Matters - The acquisition enhances CB&T's market presence and deposit base, potentially increasing profitability and reducing competition in the region.
Summary - ZION's California Bank & Trust will acquire four branches from FirstBank, increasing its locations in Coachella Valley to six.
Why It Matters - ZION's acquisition of FirstBank branches enhances its market presence in Coachella Valley, potentially increasing customer base and revenue, which could positively impact stock performance.
Summary - Zions Bancorporation shares have achieved a 40% total return over the past year, matching regional banks. Valued at 10.5x consensus EPS, it offers potential for decent returns despite efficiency concerns.
Why It Matters - Zions Bancorporation's solid 40% return aligns with regional banks, but its cheap valuation at 10.5x EPS suggests potential for decent returns despite efficiency concerns.
Summary - Harris Simmons is the Chairman and CEO of Zions Bancorporation, N.A., as of September 4, 2024.
Why It Matters - Leadership changes at Zions Bancorporation could signal shifts in strategic direction, impacting investor confidence and stock performance.
Summary - ZION stock remains supported by strong loan and deposit balances, increased fee income efforts, stable deposit costs, and high interest rates, despite rising costs and poor asset quality.
Why It Matters - ZION stock's resilience stems from strong loans and deposits, enhanced fee income, and stabilizing costs, countering challenges like rising expenses and asset quality issues.
Summary - Zions (ZION) shows a hammer chart pattern, suggesting support after recent losses, along with rising earnings estimate revisions, indicating a potential trend reversal.
Why It Matters - Zions' hammer chart pattern suggests potential support and a trend reversal, while rising earnings estimates signal improving fundamentals, which could drive investor confidence and stock price.