Zions Bancorporation (ZION)

• Market cap: $7.93B
• 1 day: 2.50%
• 5 days: -7.10%
• 1 month: -8.51%
• 3 months: 11.84%
• 6 months: 30.36%
• Year to date: 21.59%
• 1 year: 26.16%
• 5 years: 78.54%
• 10 years: 99.52%
• Sector: Financials
• Industry: National Commercial Banks

About: Zions Bancorporation is a regional us bank with 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. Zions primarily focuses on providing banking services to small and midsize businesses, with the bulk of its loans focused on commercial and commercial real estate lending.

Employees: 9,679

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

107% more call options, than puts

Call options by funds: $163M | Put options by funds: $78.8M

73% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 48

8% more funds holding

Funds holding: 426 [Q2] → 461 (+35) [Q3]

2% more capital invested

Capital invested by funds: $5.14B [Q2] → $5.24B (+$97.4M) [Q3]

9% less repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 160

5.17% less ownership

Funds ownership: 80.27% [Q2] → 75.11% (-5.17%) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 0 (-3) [Q3]

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $52 3% downside
• Avg. target: $58 9% upside
• High target: $67 25% upside

14 analyst ratings

• positive: 1 7%
• neutral: 12 86%
• negative: 1 7%

UBS Nicholas Holowko 13% 1-year accuracy 1 / 8 met price target	19% upside $64	Neutral Assumed	17 Dec 2024
Compass Point David Rochester 59% 1-year accuracy 13 / 22 met price target	23% upside $66	Neutral Maintained	10 Dec 2024
Goldman Sachs Ryan Nash 54% 1-year accuracy 15 / 28 met price target	25% upside $67	Neutral Maintained	26 Nov 2024
Wells Fargo Mike Mayo 68% 1-year accuracy 17 / 25 met price target	16% upside $62	Equal-Weight Maintained	15 Nov 2024
Evercore ISI Group John Pancari 86% 1-year accuracy 31 / 36 met price target	14% upside $61	Outperform Maintained	30 Oct 2024