Inside the research
Zions Bancorporation, National Association
ZION Research profile · latest available data
Price overview
$63.83
▲ +1.01 (+1.6%)
| 52w hi | $72.82 |
|---|---|
| 52w lo | $45.54 |
| Vol | 1.24M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.18
| Short | -0.11 |
|---|---|
| Medium | +0.21 |
| Long | +0.68 |
computed 2026-09-27
Key fundamentals
Zions Bancorporation, National Association
Financial Services · Banks - Regional
| Market cap | $9.32B |
|---|---|
| Enterprise value | $9.35B |
| Trailing P/E | 8.13x |
| Forward P/E | 9.33x |
| P / S (ttm) | 2.53x |
| Profit margin | 31.8% |
| Return on equity | 16.4% |
| Revenue growth | +35.2% |
| Earnings growth | +87.1% |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.49 | |
| Sector | +0.02 | |
| Technical | -0.05 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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. The company 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. It offers commercial and small business banking services to small- and medium-sized businesses, such as commercial, industrial, and owner-occupied lending and leasing; municipal and public finance services; depository account and cash management services; commercial and small business cards; merchant processing services; corporate trust services; and correspondent banking and international lending services. The company also provides capital markets and investment banking services, including loan syndications, foreign exchange services, interest rate derivatives, fixed income securities underwriting, mergers and acquisitions advisory services, advisory and capital raising, commercial mortgage-backed security conduit lending, and power and project financing; and commercial real estate lending services consisting of term and construction/land development financing for commercial and residential purposes. In addition, it offers retail banking services comprising residential mortgages lending, home equity lines of credit, personal lines of credit, installment consumer loans, depository account services, consumer cards, and personal trust services; and wealth management services consisting of investment management, fiduciary and estate, and advanced business succession and estate planning services. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah.
Risk Metrics
| Beta vs SPX | 1.20 |
|---|---|
| Corr SPX | 0.57 |
| Annual vol | 33.7% |
| Annual ret | +20.0% |
| Sharpe | 0.59 |
| Max DD | -32.9% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $68.75 |
|---|---|
| High / Low | $80.00 / $63.00 |
| Median | $67.50 |
| Analysts | 20 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 6 | |
| Hold | 13 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-04-29 | Evercore ISI Group | → In-Line |
| 2026-04-22 | DA Davidson | → Buy |
| 2026-04-22 | Citigroup | → Neutral |
| 2026-04-22 | Barclays | → Underweight |
| 2026-04-21 | Truist Securities | → Hold |
| 2026-04-21 | TD Cowen | → Hold |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-20 | Earnings Release, Exhibits | read |
| 2026-06-02 | Officer / Director Change, Exhibits | read |
| 2026-05-04 | Other Material Event, Exhibits | read |
| 2026-05-04 | Shareholder Vote | read |
| 2026-04-20 | Earnings Release, Exhibits | read |
| 2026-01-20 | Earnings Release, Exhibits | read |
| 2025-12-22 | Officer / Director Change, Exhibits | read |
| 2025-10-20 | Earnings Release, Exhibits | read |
| 2025-10-15 | Other Material Event, Exhibits | read |
| 2025-07-21 | Earnings Release, Exhibits | read |
| 2025-05-05 | Shareholder Vote | read |
| 2025-04-21 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-11 | SIMMONS HARRIS H | Chairman & CEO | Gift | 30.24K | — |
| 2026-08-04 | Law Scott A. | Executive Vice President | Option exercise | 3.71K | $169.13K |
| 2026-08-04 | MCLEAN SCOTT J | President | Sell | 18.82K | $1.33M |
| 2026-08-04 | MCLEAN SCOTT J | President | Option exercise | 1.89K | $100.03K |
| 2026-08-04 | MCLEAN SCOTT J | President | Option exercise | 14.46K | $765.20K |
| 2026-08-04 | MCLEAN SCOTT J | President | Sell | 14.46K | $1.02M |
| 2026-08-04 | Law Scott A. | Executive Vice President | Sell | 3.71K | $268.39K |
| 2026-08-04 | Law Scott A. | Executive Vice President | Option exercise | 903 | $41.22K |
| 2026-08-04 | Law Scott A. | Executive Vice President | Sell | 903 | $65.34K |
| 2026-08-04 | MCLEAN SCOTT J | President | Option exercise | 2.06K | $99.98K |
Flow & Concentration
| Insider 180d net | -$6.28M |
|---|---|
| Insider buys / sells | 0 / 8 |
| Insider bias | Sellers |
| 13F holders | 9 |
| Top-5 share | 92.2% |
| HHI | 3,945 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Vanguard Group Inc | $1.08B | 18.40M |
| State Street Corp | $356.15M | 6.08M |
| Millennium Management | $93.21M | 1.59M |
| AQR Capital Management | $87.73M | 1.50M |
| Two Sigma Investments | $69.20M | 1.18M |
| Fidelity / FMR LLC | $49.87M | 851.89K |
| Bridgewater Associates | $49.02M | 837.34K |
| Citadel Advisors | $43.35M | 740.60K |
| T. Rowe Price Group | $7.13K | 121.76K |
As of 2025-12-31
Dividends
| Yield (TTM) | 1.41% |
|---|---|
| $ / share (TTM) | $0.90 |
| 5y CAGR | +5.3% |
Annual dividend per share
| 2021 | $1.44 |
|---|---|
| 2022 | $1.58 |
| 2023 | $1.64 |
| 2024 | $1.66 |
| 2025 | $1.76 |
| 2026 | $0.45 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $513.00M | +4.4% | |
| Net income | $153.00M | -10.2% | |
| Cash from ops | $1.07B | -2.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $63.06 | $64.11 | $62.89 | $63.83 | 1.24M |
| Sep 24 | $62.88 | $63.13 | $62.30 | $62.82 | 1.53M |
| Sep 23 | $63.42 | $64.03 | $62.62 | $62.65 | 1.71M |
| Sep 22 | $65.09 | $65.17 | $63.63 | $63.65 | 1.39M |
| Sep 21 | $65.50 | $65.56 | $64.34 | $64.98 | 1.93M |
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