NasdaqGM - Delayed Quote ? USD Zions Bancorporation, National Association (ZIONO) Follow Compare 26.77 +0.05 (+0.19%) At close: October 18 at 4:00 PM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations State Street Corp's Strategic Acquisition of Zions Bancorp Shares On September 30, 2024, State Street Corp made a significant addition to its investment portfolio by acquiring 896,889 shares of Zions Bancorp NA (NASDAQ:ZION), a prominent player in the regional banking sector in the United States. This transaction, executed at a price of $47.22 per share, increased State Street Corp's total holdings in Zions Bancorp to 7,041,818 shares, marking a notable expansion in its financial sector investments. State Street Corp, headquartered at One Lincoln Street, Boston, MA, is a global leader in asset management and custody services. GuruFocus.com ? 20 hours ago ZION STT ZIONS BANCORPORATION TO PRESENT AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE Ryan Richards, Chief Financial Officer of Zions Bancorporation (NASDAQ: ZION), will present at the BancAnalysts Association of Boston's Annual Bank Conference at the Langham Hotel in Boston Thursday, November 7 at 3:05 pm ET. A live webcast of the session may be accessed on the Zions Bancorporation website, zionsbancorporation.com. The webcast will also be archived and available on the website for 30 days. PR Newswire ? 10 days ago ZION Top US Dividend Stocks To Consider In October 2024 As U.S. stock markets experience volatility with rising oil prices and Treasury yields, investors are closely monitoring economic indicators for signs of stability. In such uncertain times, dividend stocks can offer a reliable income stream, making them an attractive option for those looking to balance risk and reward in their portfolios. Simply Wall St. ? 11 days ago PWOD ZION HIMX Zions Bancorporation, National Association (NASDAQ:ZION) is favoured by institutional owners who hold 79% of the company Key Insights Institutions' substantial holdings in Zions Bancorporation National Association implies that they have... Simply Wall St. ? 23 days ago ZION Zions' Arm to Acquire Four FirstBank Branches, Boost Presence ZION's arm, California Bank & Trust, is set to buy four branches from California-based FirstBank to expand its footprint in Coachella Valley to six locations. Zacks ? 25 days ago ZION Why regional banks are set to benefit from easing interest rates Christopher McGratty, head of US bank research at KBW, a Stifel Company, joins Market Domination to discuss how the Federal Reserve's rate easing cycle will impact regional banks and lays out some of his top picks in the sector. "We're figuring this out as we go. The 50-basis-point cut last week was, as Powell said, a good, strong start," McGratty tells Yahoo Finance. He explains that to get to a terminal rate of 3%, the Federal Reserve will likely initiate 25-basis-point cuts for the rest of 2024 and throughout 2025. He believes that easing rates will be bullish for regional banks, explaining, "Over the last 18 months, the largest banks have significantly outperformed the regional, the smaller, banks to the point of 2,000 basis points. And so the reason for that is their balance sheets and their income statements are less reliant on interest rates than the small banks. So what you've seen over the last month or two is a little bit of a catch-up trade. The smaller banks have performed better. You've seen the yield curve disinvert." McGratty highlights that mergers and acquisitions (M&A) are another trend in the banking sector, noting that 3%-4% of banks are lost to consolidation every year. "What we've seen over the past six months is we're starting to see M&A resume off a very low trough. So the comparisons are getting better," he says. As interest rates continue to fall, he expects M&A activity to pick up. However, he notes that won't likely be the case for larger banks as they deal with regulatory roadblocks. He points to Comerica (CMA) as one of his top picks, explaining that the bank is poised to benefit from easing interest rates: "They were very early and aggressive hedging rates as they were going up. So effectively, they've converted a highly variable rate loan portfolio to a 50/50 mix per se. So margins should actually begin to expand over the next two years." McGratty is also bullish on Western Alliance (WAL), believing that the bank's internal efforts to build capital have succeeded. He adds that its mortgage business will also get a boost from lowering rates. Western Alliance is trading at about nine times its earnings, and McGratty believes that its earnings ahead will be above average. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl Yahoo Finance Video ? 25 days ago WAL WAL-PA UMBF CALIFORNIA BANK & TRUST TO ACQUIRE FIRSTBANK COACHELLA VALLEY, CA BRANCHES California Bank & Trust (CB&T), a division of Zions Bancorporation, N.A., announced today that it has entered into an agreement to acquire four branch locations in Palm Desert and Indio from FirstBank, headquartered in Lakewood, Colorado. Under the agreement, California Bank & Trust will acquire approximately $730 million in deposits and $420 million in loans. Upon completion, the branch acquisition will expand CB&T's physical presence in Coachella Valley to a total of six locations and will add PR Newswire ? 25 days ago ZION Big Banks Could Be Getting Very Good News From Regulators. Here's What You Need to Know. Michael Barr, vice chair of supervision at the Fed, plans to re-propose new capital rules for Basel Endgame. Motley Fool ? last month ZION ZIONS BANCORPORATION TO PRESENT AT THE BARCLAYS GLOBAL FINANCIAL SERVICES CONFERENCE Harris Simmons, Chairman and CEO of Zions Bancorporation, N.A. (NASDAQ: ZION), will make a presentation at the Barclays Global Financial Services Conference, Tuesday, September 10 at 12:00 pm Eastern. An audio webcast of the session may be accessed on the Zions Bancorporation website, zionsbancorporation.com. The webcast will also be archived and available on the website for 30 days. PR Newswire ? last month ZION Zions Rides on Rates, Loans & Deposits Amid Weak Asset Quality Solid loans and deposit balance, efforts to strengthen fee income, stabilizing deposit costs and high rates support ZION stock amid mounting costs and poor asset quality. Zacks ? last month ZION Only Three Days Left To Cash In On Zions Bancorporation National Association's (NASDAQ:ZION) Dividend Zions Bancorporation, National Association ( NASDAQ:ZION ) stock is about to trade ex-dividend in three days... Simply Wall St. ? 2 months ago ZION ZIONS BANCORPORATION'S BOARD DECLARES DIVIDENDS ON COMMON AND PREFERRED STOCK Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors ("board") declared a regular quarterly dividend of $0.41 per common share, payable August 22, 2024, to shareholders of record at the close of business on August 15, 2024. PR Newswire ? 2 months ago ZION Q2 2024 Zions Bancorporation NA Earnings Call Q2 2024 Zions Bancorporation NA Earnings Call Thomson Reuters StreetEvents ? 2 months ago ZION Zions' (ZION) Q2 Earnings Beat Estimates, Stock Up 3.1% Zions (ZION) second-quarter earnings beat estimates on the back of higher NII, lower provisions and a rise in loans and deposits. However, a lower non-interest income and higher expenses remain woes. Zacks ? 2 months ago ZION Zions Bancorporation, National Association Reports Second Quarter Financial Results Zions Bancorporation, N.A. (NASDAQ: ZION) ("Zions" or "the Bank") today reported net earnings applicable to common shareholders for the second quarter of 2024 of $190 million, or $1.28 per diluted common share, compared with net earnings applicable to common shareholders of $166 million, or $1.11 per diluted common share, for the second quarter of 2023, and net earnings applicable to common shareholders of $143 million, or $0.96 per diluted common share, for the first quarter of 2024. PR Newswire ? 2 months ago ZION S&P 500 Gains as Tech Stocks Rebound Stocks traded higher, led by a rebound in tech shares, as investors digested news of President Biden pulling out of presidential race. The Wall Street Journal ? 2 months ago ZION Zions' (ZION) Solid Loans and Deposits Aid Amid Rising Costs Zions (ZION) remains well-positioned for growth, given the solid loans and deposits, higher rates and stabilizing deposit costs. Yet, rising expenses and poor asset quality remain woes. Zacks ? 3 months ago ZION Those who invested in Zions Bancorporation National Association (NASDAQ:ZION) a year ago are up 55% These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But you can... Simply Wall St. ? 3 months ago ZION Should Income Investors Look At Zions Bancorporation, National Association (NASDAQ:ZION) Before Its Ex-Dividend? Zions Bancorporation, National Association ( NASDAQ:ZION ) is about to trade ex-dividend in the next four days. The... Simply Wall St. ? 5 months ago ZION Insider Sale at Zions Bancorp NA: Executive Vice President Rebecca Robinson Sells Shares On May 3, 2024, Rebecca Robinson, Executive Vice President of Zions Bancorp NA (NASDAQ:ZION), sold 5,291 shares of the company. GuruFocus.com ? 5 months ago ZION Performance Overview Trailing total returns as of 10/18/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return ZIONO S&P 500 YTD +13.91% +22.95% 1-Year +17.73% +34.10% 3-Year +25.76% +31.16%
