Zions Bancorporation, N.A.’s (ZION) “Hold” Rating Reiterated at TD Cowen

20 Oct 2026, 10:30 by Amy Steele · The Cerbat Gem

Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report)‘s stock had its “hold” rating restated by analysts at TD Cowen in a note issued to investors on Tuesday, Benzinga reports. They presently have a $69.00 price objective on the bank’s stock. TD Cowen’s price target would suggest a potential upside of 6.10% from the company’s current price.

Other research analysts have also recently issued reports about the stock. UBS Group began coverage on shares of Zions Bancorporation, N.A. in a report on Monday, September 14th. They set a “buy” rating and a $78.00 price objective for the company. Truist Financial decreased their price objective on shares of Zions Bancorporation, N.A. from $72.00 to $67.00 and set a “hold” rating for the company in a report on Friday, October 9th. JPMorgan Chase & Co. decreased their price objective on shares of Zions Bancorporation, N.A. from $75.00 to $65.00 and set an “underweight” rating for the company in a report on Thursday, October 1st. Royal Bank Of Canada reissued a “sector perform” rating and set a $76.00 price objective on shares of Zions Bancorporation, N.A. in a report on Tuesday. Finally, Robert W. Baird raised shares of Zions Bancorporation, N.A. from a “neutral” rating to an “outperform” rating and set a $75.00 price objective for the company in a report on Thursday, October 15th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $72.65.

Get Our Latest Stock Analysis on ZION

Zions Bancorporation, N.A. Stock Up 3.0%

NASDAQ ZION traded up $1.90 during mid-day trading on Tuesday, reaching $65.04. The stock had a trading volume of 453,245 shares, compared to its average volume of 1,643,908. Zions Bancorporation, N.A. has a 1 year low of $48.50 and a 1 year high of $73.34. The stock has a market cap of $9.49 billion, a PE ratio of 8.28, a price-to-earnings-growth ratio of 1.04 and a beta of 0.84. The company has a fifty day moving average price of $66.22 and a 200 day moving average price of $65.64. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.84 and a quick ratio of 0.84.

Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) last announced its quarterly earnings data on Monday, October 19th. The bank reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.64 by $0.14. Zions Bancorporation, N.A. had a net margin of 23.92% and a return on equity of 13.72%. The company had revenue of $887.00 million during the quarter, compared to analyst estimates of $889.52 million. During the same period in the previous year, the business earned $1.48 EPS. On average, research analysts expect that Zions Bancorporation, N.A. will post 6.60 earnings per share for the current year.

Zions Bancorporation, N.A. announced that its board has approved a stock repurchase program on Thursday, July 30th that authorizes the company to repurchase $75.00 million in shares. This repurchase authorization authorizes the bank to repurchase up to 0.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Zions Bancorporation, N.A.

In other news, President Scott J. Mclean sold 33,285 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $70.63, for a total value of $2,350,919.55. Following the completion of the sale, the president directly owned 73,043 shares in the company, valued at $5,159,027.09. This represents a 31.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Scott A. Law sold 4,608 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $72.42, for a total value of $333,711.36. Following the completion of the transaction, the executive vice president owned 32,890 shares in the company, valued at $2,381,893.80. The trade was a 12.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 88,787 shares of company stock worth $6,283,858 in the last three months. Corporate insiders own 1.43% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC boosted its holdings in shares of Zions Bancorporation, N.A. by 528.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 415 shares of the bank’s stock worth $29,000 after purchasing an additional 349 shares during the period. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of Zions Bancorporation, N.A. in the 3rd quarter worth $27,000. Trust Co. of Vermont purchased a new stake in Zions Bancorporation, N.A. in the second quarter worth about $35,000. Northwestern Mutual Wealth Management Co. purchased a new position in Zions Bancorporation, N.A. during the second quarter valued at approximately $45,000. Finally, Burnham & Co LLC purchased a new position in Zions Bancorporation, N.A. during the second quarter valued at approximately $55,000. Institutional investors own 76.84% of the company’s stock.

Key Zions Bancorporation, N.A. News

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

Positive Sentiment: EPS beat estimates: Diluted earnings per share rose to $1.78 from $1.48 a year earlier, exceeding the $1.64 consensus estimate by $0.14. Net income applicable to common shareholders increased to $262 million from $221 million. Zions Q3 Earnings and Revenues Top Estimates
Positive Sentiment: Credit trends improved sharply: Zions recorded an $8 million provision benefit, compared with a $49 million provision expense in the prior-year quarter. Net loan charge-offs fell to $3 million from $56 million, supporting profitability and reducing investor concerns about credit losses. Zions Third Quarter Financial Results
Positive Sentiment: Balance-sheet growth remained healthy: Net interest income increased 2% year over year to $684 million, loans rose 4% to $62.5 billion, and deposits grew 4% to $77.9 billion. The estimated common equity Tier 1 ratio improved to 11.8% from 11.3%, indicating stronger capital protection. Zions Posts Third Quarter Net Earnings
Neutral Sentiment: Revenue was mixed: Reported revenue was approximately $881 million to $887 million, modestly below the roughly $889.5 million analyst estimate. Noninterest income increased to $197 million, but noninterest expense also rose 5% to $553 million. Zions Bancorporation Q3 Earnings and Revenue

Zions Bancorporation, N.A. Company Profile

(Get Free Report)

Zions Bancorporation, N.A. is a regional financial services company headquartered in Salt Lake City, Utah. Through its affiliated banks, the company provides banking and related financial services to individuals, small businesses, middle-market companies, and institutional clients.