Are You Thinking About Investing In Zions Bancorporation N.A.?

By Ken Smith • Wednesday, June 07 15:04 • Permanent Link

Mid-cap Finance company Zions Bancorporation N.A. has logged a 4.5% change today on a trading volume of 3,146,216. The average volume for the stock is 7,398,600.

Zions Bancorporation, National Association provides various banking and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers corporate banking services; commercial banking, including a focus on small- and medium-sized businesses; commercial real estate banking services; municipal and public finance services; retail banking, including residential mortgages; trust services; wealth management and private client banking services; and capital markets products and services. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Based in Salt Lake City, United States the company has 10,064 full time employees and a market cap of $4,662,219,264. Zions Bancorporation N.A. currently offers its equity investors a dividend that yields 5.3% per year.

The company is now trading -15.33% away from its average analyst target price of $37.18 per share. The 17 analysts following the stock have set target prices ranging from $28.0 to $50.0, and on average give Zions Bancorporation N.A. a rating of buy.

Over the last 12 months ZION shares have declined by -46.7%, which represents a difference of -51.0% when compared to the S&P 500. The stock's 52 week high is $59.75 per share and its 52 week low is $18.26. With its net margins declining an average -0.0% over the last 4 years, Zions Bancorporation N.A. declining profitability gives us reason to believe its stock price will continue to underwhelm.

Date Reported	Total Revenue ($ k)	Net Profit ($ k)	Net Margins (%)	YoY Growth (%)
2022-12-31	3,152,000	907,000	28.78	-25.79
2021-12-31	2,911,000	1,129,000	38.78	100.62
2020-12-31	2,789,000	539,000	19.33	-32.86
2019-12-31	2,834,000	816,000	28.79	n/a

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.