Zions Bancorporation, N.A. (NASDAQ:ZION) Issues Earnings Results

Zions Bancorporation, N.A. (NASDAQ:ZION) announced its quarterly earnings data on Monday. The bank reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.13, Zacks reports. Zions Bancorporation, N.A. had a net margin of 18.19% and a return on equity of 13.70%. The business had revenue of $849.00 million for the quarter, compared to the consensus estimate of $853.73 million. During the same quarter in the prior year, the firm posted $1.13 earnings per share.

Here are the key takeaways from Zions Bancorporation, N.A.’s conference call:

• Reported net earnings of $232 million ($1.56 EPS), up 37% year‑over‑year, with NIM at 3.27% and management guiding to ~7%–8% net interest income growth over the next 12 months if rates remain unchanged.
• Capital markets remain a key growth driver and the company announced a pending acquisition of Basis Investment Group’s Fannie/Freddie multifamily lending programs and MSRs to expand its CRE and capital markets franchise.
• Credit quality is strong: net charge‑offs were ~3 bps annualized, non‑performing assets declined to 48 bps, and the allowance ended the quarter at 1.16% with 239% coverage of non‑accrual loans.
• Funding profile improved as period‑end customer deposits rose $1.3 billion and the bank continues to convert off‑balance‑sheet and broker deposits into lower‑cost customer deposits while rolling out new consumer and small business deposit products.
• Adjusted non‑interest expense increased to $558 million due to seasonal compensation and ongoing investments in technology, marketing, and talent, but management expects positive operating leverage of 100–150 bps for full‑year 2026.

Zions Bancorporation, N.A. Stock Up 0.5%

NASDAQ:ZION opened at $63.05 on Tuesday. Zions Bancorporation, N.A. has a 52 week low of $39.42 and a 52 week high of $66.18. The firm has a market capitalization of $9.27 billion, a PE ratio of 10.51, a price-to-earnings-growth ratio of 2.11 and a beta of 0.81. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. The stock has a 50 day moving average of $58.57 and a 200-day moving average of $57.10.

Zions Bancorporation, N.A. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Thursday, February 12th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Thursday, February 12th. Zions Bancorporation, N.A.’s payout ratio is presently 30.00%.

Analyst Ratings Changes

Several equities analysts recently weighed in on ZION shares. Piper Sandler reduced their target price on Zions Bancorporation, N.A. from $65.00 to $62.00 and set a “neutral” rating on the stock in a research report on Thursday, April 2nd. Weiss Ratings raised shares of Zions Bancorporation, N.A. from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 10th. JPMorgan Chase & Co. decreased their price target on shares of Zions Bancorporation, N.A. from $68.00 to $62.00 and set a “neutral” rating for the company in a research report on Wednesday, April 1st. Evercore upped their price target on Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the stock an “in-line” rating in a report on Thursday, February 5th. Finally, Truist Financial upped their price objective on shares of Zions Bancorporation, N.A. from $61.00 to $63.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $62.79.

Trending Headlines about Zions Bancorporation, N.A.

Here are the key news stories impacting Zions Bancorporation, N.A. this week:

• Positive Sentiment: Reported stronger-than-expected earnings: net income of $232M and EPS of $1.56, beating consensus and demonstrating year-over-year improvement in profitability and ROE. Zions First Quarter Financial Results
• Positive Sentiment: Management cited lower funding costs and an improved mix of interest‑earning assets as drivers of higher margins and net interest income — a key constructive signal for future profitability. WSJ: Zions Bancorp Reports Higher First-Quarter Profit
• Positive Sentiment: Analyst commentary and the earnings call transcript emphasize strong underwriting and credit quality, which reduces investor concern about credit losses and supports the stock’s re-rating. Seeking Alpha: Q1 Results Affirm The Strength Of Its Underwriting
• Neutral Sentiment: Conference call and full transcript provide more detail on loan growth, deposit trends and capital allocation; investors should watch upcoming commentary for clarity on buybacks/dividends and balance‑sheet positioning. Seeking Alpha: Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Detailed metric review: analysts and Zacks note key line‑item comparisons vs. estimates and prior year results — helpful for sizing forward EPS expectations (street currently forecasts ~6.25 FY EPS). Zacks: Q1 Earnings Key Metrics
• Negative Sentiment: Revenue came in slightly below consensus ($849M vs. $853.7M), which tempers the beat and is a reminder to monitor top‑line drivers like fee income and loan growth. MarketBeat: Q1 Results & Transcript

Insider Activity at Zions Bancorporation, N.A.

In other news, CEO Harris H. Simmons purchased 4,500 shares of the stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of $59.03 per share, for a total transaction of $265,635.00. Following the completion of the transaction, the chief executive officer owned 1,317,493 shares of the company’s stock, valued at approximately $77,771,611.79. The trade was a 0.34% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Scott J. Mclean sold 28,980 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $61.15, for a total transaction of $1,772,127.00. Following the transaction, the president directly owned 82,250 shares of the company’s stock, valued at $5,029,587.50. The trade was a 26.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 55,581 shares of company stock valued at $3,498,774. Company insiders own 1.43% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Atlas Capital Advisors Inc. bought a new position in Zions Bancorporation, N.A. during the fourth quarter valued at about $36,000. Employees Retirement System of Texas boosted its stake in Zions Bancorporation, N.A. by 303.7% in the 3rd quarter. Employees Retirement System of Texas now owns 1,211 shares of the bank’s stock worth $69,000 after purchasing an additional 911 shares during the period. Quarry LP grew its holdings in shares of Zions Bancorporation, N.A. by 38.3% during the third quarter. Quarry LP now owns 1,404 shares of the bank’s stock valued at $79,000 after buying an additional 389 shares in the last quarter. C M Bidwell & Associates Ltd. boosted its holdings in shares of Zions Bancorporation, N.A. by 13.5% during the fourth quarter. C M Bidwell & Associates Ltd. now owns 1,555 shares of the bank’s stock worth $91,000 after purchasing an additional 185 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Zions Bancorporation, N.A. by 52.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,816 shares of the bank’s stock valued at $94,000 after buying an additional 625 shares during the period. 76.84% of the stock is currently owned by institutional investors.

Zions Bancorporation, N.A. Company Profile

Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.

The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.