Is Zions Bancorporation making money?
The $71-billion-asset Zions Bancorporation ( NASDAQ:ZION) is coming off of a difficult quarter in which the bank reported net income of only $14 million, a 93% reduction from the $213 million in profit Zions reported in the first quarter of 2019.
Where can I buy shares of Zion?
Shares of ZION can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
How does Zions rank in PPP?
That ranked Zions as the ninth leading institution in the PPP program by total dollar volume processed. In terms of total assets, Zions ranked as the 40th-largest U.S. bank at the end of 2019, according to data from the Navis Group, showing that the bank is punching above its weight.
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Is Zion publicly traded?
In January 1966, Zions became a public company via an initial public offering.
Is Zions Bank Mormon owned?
The Mormon Church sold Zions First National Bank in 1960, but the relationship between the two remains so close that many people in Utah believe the church still owns it. That's good for Zions because Utah is more than two-thirds Mormon. The bank's president and majority stockholder, Roy W.
Is Zion a good stock?
Out of 15 analysts, 4 (26.67%) are recommending ZION as a Strong Buy, 1 (6.67%) are recommending ZION as a Buy, 9 (60%) are recommending ZION as a Hold, 1 (6.67%) are recommending ZION as a Sell, and 0 (0%) are recommending ZION as a Strong Sell.
How much is Zions Bank worth?
Zions Bancorporation, N.A net worth as of July 12, 2022 is $7.63B.
Does the LDS Church own stock in Pepsi?
The fund didn't own stock in soda makers PepsiCo or Keurig Dr Pepper, either. Caffeinated sodas are not part of the church's health code, known as the Word of Wisdom.
What bank does the LDS Church use?
In early 1960, authorities of The Church of Jesus Christ of Latter-day Saints decided to divest itself of its banking interests, and on April 22, 1960, the church sold majority control of Zions First National Bank to Keystone Insurance and Investment Company.
Is Zions Bank FDIC insured?
Today the FDIC insures up to $250,000 per depositor of the funds in a Zions Bank deposit account. And since 1933, no depositor has ever lost a penny of FDIC-insured funds.
Where does Zions Bank rank?
Zions Bank has consistently ranked as the No. 1 lender of U.S. Small Business Administration 7(a) loans in Utah for the past 20 years and Idaho's Boise District for the past 12 years. Founded in 1873, Zions Bank has been serving the communites of the Intermountain West for more than 140 years.
Is Zions Bancorporation, National Association a buy right now?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zions Bancorporation, National Association in the last twelve months. The...
When is Zions Bancorporation, National Association's next earnings date?
Zions Bancorporation, National Association is scheduled to release its next quarterly earnings announcement on Monday, July 18th 2022. View our ea...
How were Zions Bancorporation, National Association's earnings last quarter?
Zions Bancorporation, National Association (NASDAQ:ZION) posted its quarterly earnings results on Monday, April, 25th. The bank reported $1.27 earn...
How often does Zions Bancorporation, National Association pay dividends? What is the dividend yield for Zions Bancorporation, National Association?
Zions Bancorporation, National Association declared a quarterly dividend on Friday, April 29th. Shareholders of record on Thursday, May 19th will b...
Is Zions Bancorporation, National Association a good dividend stock?
Zions Bancorporation, National Association pays an annual dividend of $1.52 per share and currently has a dividend yield of 2.70%. Zions Bancorpora...
How will Zions Bancorporation, National Association's stock buyback program work?
Zions Bancorporation, National Association announced that its board has initiated a stock buyback program on Friday, April 29th 2022, which authori...
What price target have analysts set for ZION?
16 brokers have issued twelve-month target prices for Zions Bancorporation, National Association's shares. Their forecasts range from $57.00 to $87...
Who are Zions Bancorporation, National Association's key executives?
Zions Bancorporation, National Association's management team includes the following people: Mr. Harris Henry Simmons , Chairman & CEO (Age 68, P...
What is Harris H. Simmons' approval rating as Zions Bancorporation, National Association's CEO?
227 employees have rated Zions Bancorporation, National Association CEO Harris H. Simmons on Glassdoor.com . Harris H. Simmons has an approval rat...
Zions Bancorporation Receives 27 Greenwich Excellence Awards For 2021
SALT LAKE CITY, February 22, 2022--Zions Bancorporation (NASDAQ: ZION) is pleased to announce that it has received 27 Greenwich Excellence Awards for the year ended 2021, ranking second in total awards issued for all banks in the nation. Notably, Zions Excellence Awards exceeded all other banks in the nation for the middle market banking segment.
Nevada State Bank Reaches Agreement to Acquire Three Northern Nevada Branches from City National Bank
RENO, Nev., February 11, 2022--Nevada State Bank, a division of Zions Bancorporation, N.A., announced today that it has entered into an agreement with City National Bank to purchase three Northern Nevada branches and their associated deposit, credit card, and loan accounts. The three City National branches are located at:
When will Zions Bancorporation buy back its stock?
Zions Bancorporation, National Association declared that its Board of Directors has approved a share buyback plan on Friday, July 23rd 2021, which allows the company to buyback $125,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 1.5% of its stock through open market purchases.
When did Zions Bank release its quarterly earnings?
Zions Bancorporation, National Association (NASDAQ:ZION) released its quarterly earnings data on Sunday, July, 18th. The bank reported $2.08 EPS for the quarter, beating the consensus estimate of $1.29 by $0.79. The bank had revenue of $760 million for the quarter, compared to analyst estimates of $712.42 million.
How much does Zions pay dividends?
Zions Bancorporation, National Association pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.67%. Zions Bancorporation, National Association has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend.
How much does Zions Bank make?
Zions Bancorporation, National Association has a market capitalization of $8.33 billion and generates $2.94 billion in revenue each year. The bank earns $539 million in net income (profit) each year or $3.02 on an earnings per share basis.
What is a hold rating on Zions?
A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZION, but not buy additional shares or sell existing shares. View analyst ratings for Zions Bancorporation, National ...
Where is Zions Bancorporation located?
Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah.
Is Zions Bancorporation a NASDAQ company?
Zions Bancorporation, National Association is listed on the NASDAQ as (NASDAQ:ZION).
What is a zions bank?
Zions Bancorporation, National Association /ut/ is regulated by the U.S. Security and Exchange Commission and incorporated in the state of Utah. Zions Bancorporation, National Association /ut/ is primarely in the business of national commercial banks.
Where is Zions Bank located?
Zions Bancorporation is a regional U.S. bank with nearly $70 billion in assets and core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the western and southwestern United States.
What excites me about Zions Bank?
What excites me about Zions are the investments the bank has made in technology in recent years. Over the last 10 years, the bank has been working on replacing its core loan and deposit systems with a more modern, digital system. Many banks are known for using archaic core processing systems, which process daily transactions, developed decades ago. In 2019, Zions successfully converted its loans to a new system, and it expects to complete its final phase, converting its deposit system, in 2022.
How much is Zions loan provision?
Profits were derailed in the first quarter of 2020 after Zions set aside a whopping $258 million to prepare for future loan losses brought on by the coronavirus pandemic. That credit provision is up from just $4 million in the first quarter of 2019. Part of the reason for the massive provision is that commercial loans make up nearly 76% of the bank's total loan book, while roughly 31% of loans are commercial and industrial loans.
