Zions Bancorporation's Upcoming Q3 Earnings
Zions Bancorporation, National Association (NASDAQ: ZION), is poised to release its earnings for the third quarter. With anticipation growing, this report is expected to shed light on the performance of Zions Bancorp and provide insights into its future direction.
Analysts' Earnings Predictions
Industry analysts forecast that Zions Bancorp will report quarterly earnings of $1.40 per share. This marks a slight increase from $1.37 per share from the previous year’s quarter. Expectations are also high for the company’s revenue, projected to be around $842.34 million, a rise from $804 million in the year-ago period.
Legal Heads-Up for Zions Bancorp
On a separate note, Zions Bancorporation recently announced that it is pursuing legal actions against two borrowers linked with two related commercial loans from its California Bank & Trust division. As a precaution, the company plans to take a provision of approximately $60 million due to this situation.
Stock Performance Insights
In a notable development, shares of Zions Bancorp increased by 5.8%, closing at $49.67 on the previous Friday. This upward movement suggests a positive market reaction in the lead-up to the earnings announcement.
Analysts' Ratings and Price Targets
As we look at the perspectives provided by analysts, it’s essential to highlight how some of Wall Street's most accurate analysts view Zions Bancorp's potential:
- Baird analyst David George upgraded ZION from Neutral to Overweight with a price target set at $65, as of October 17, 2025. This analyst boasts an impressive 74% accuracy rate.
- Piper Sandler analyst Matthew Clark has maintained a Neutral rating, however, he has revised the price target from $62 down to $59 as of October 16, 2025.
- Jon Pancari from Evercore ISI Group affirms an Outperform rating, raising the price target from $62 to $64 on September 30, 2025, with a 64% accuracy rate.
- Manan Gosalia of Morgan Stanley upholds an Equal-Weight rating and has adjusted the price target from $63 to as high as $70, reflecting a strong sentiment on September 29, 2025.
- Truist Securities analyst Jennifer Demba continues a Hold rating with a recently increased price target from $57 to $59, showcasing a 77% accuracy rate.
Considerations for Potential Investors
If you are contemplating adding ZION to your portfolio, it can be beneficial to consider these insights from trusted analysts. Their predictions and ratings can guide you in making an informed decision about investing in Zions Bancorp.
Frequently Asked Questions
When will Zions Bancorporation release their Q3 earnings?
Zions Bancorporation is expected to release its Q3 earnings after the market closes on the specified date.
What are the earnings estimates for ZIONS?
Analysts anticipate earnings of $1.40 per share, an increase from last year.
What challenges is Zions Bancorp currently facing?
The company is pursuing legal actions against borrowers linked to commercial loans, taking a $60 million provision as a precaution.
How have Zions Bancorp's shares performed recently?
Shares of Zions Bancorp showed a 5.8% increase in the last market session, closing at $49.67.
What are the recent ratings from analysts for ZIONS?
Recent ratings have varied, with some analysts upgrading their outlook while others adjusted their price targets downward, reflecting mixed sentiments.