|Bid||29.07 x 1100|
|Ask||29.31 x 1000|
|Day's range||28.17 - 29.56|
|52-week range||18.26 - 59.75|
|Beta (5Y monthly)||1.10|
|PE ratio (TTM)||4.97|
|Earnings date||19 Jul 2023|
|Forward dividend & yield||1.64 (5.93%)|
|Ex-dividend date||17 May 2023|
|1y target est||37.18|
The regulator said thousands of banks lost $472 billion in deposits during the first quarter, the biggest drop since it began collecting such data in 1984.
Investors are still betting against a number of banks in the western half of the country. Some of those lenders say their fundamental strengths are being overlooked.
The California regional lender sold assets of a real estate lending business, its second transaction announced this week.
SALT LAKE CITY, May 23, 2023--Scott McLean, President and COO of Zions Bancorporation (NASDAQ: ZION), will make a presentation at the Morgan Stanley US Financials, Payments & CRE Conference, Tuesday, June 13 at 7:30 am 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.
Investing.com -- Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: an Outperform initiation at Zions Bancorp and upgrades at KeyCorp, Greenhill, and Myriad Genetics.
Yahoo Finance Live's Rachelle Akuffo checks out shares of PacWest, Western Alliance, and Zions as regional bank stocks are trending higher
PacWest's deal is adding to momentum around a recovery in the regional banking sector.
There has been a lot of bad news for bank stocks this year, particularly regional banks, but some good news helped to lift the industry this week. Zions Bancorp, the 36th largest U.S. bank with about $89 billion in assets, was among those that benefited. The primary driver appeared to be news from one of its competitors, Western Alliance Bancorp, which reported a surge in deposits so far in the second quarter.
Investors must keep solid dividend-yielding stocks like Zions (ZION) on the radar amid the challenging macroeconomic environment.
The Phoenix bank said its deposits rose again last week, boosting optimism in other regional lenders.
Zions' (ZION) financials will continue to be aided by solid loan balances and higher interest rates. However, elevated expense levels, a deteriorating macroeconomic outlook and a high debt level are concerns.
The Oracle of Omaha has made it clear that he is still cautious about holding many bank stocks.
Regional banks were under pressure again Thursday after PacWest reported nearly 10% of deposits flowed out the bank's doors last week as the crisis hitting smaller lenders continues.
The Yahoo Finance Live team discusses the rise of PacWest Bancorp stock, as the company leads the rally of regional banks amid the quarterly dividend.
Yahoo Finance Live’s Brad Smith discusses the rise in stock for PacWest Bancorp.
Amateur traders are making new bets against regional bank stocks as volatility continues to roil the industry.
SALT LAKE CITY, May 05, 2023--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 May 25, 2023 to shareholders of record at the close of business on May 18, 2023.
Yahoo Finance Live’s Brad Smith breaks down the rise in regional bank stocks.
TCW Group CEO Katie Koch thinks sentiment in the banking industry is riding a little too high right now as regional banks stumble.
PacWest and Western Alliance fell again Wednesday after plummeting Tuesday.
Their drops come one day after JPMorgan Chase purchased the bulk of First Republic, in a deal that was designed to restore stability to the banking system after two months of turmoil.
SALT LAKE CITY, April 25, 2023--Zions Bancorporation (Nasdaq: ZION) will hold its Annual Meeting of Shareholders on Friday, May 5, 2023, at 1:00 p.m. Mountain Time. The meeting will again be held virtually and can be attended by navigating to the following website: www.virtualshareholdermeeting.com/ZION2023
Results from a number of mid-sized lenders showed that regional banking isn't getting any easier.
Results from several mid-sized lenders, including Comerica and Key, don't impress investors.
A rise in expenses and higher provisions hurt Zions' (ZION) Q1 earnings, while an increase in revenues, decent loan demand and higher rates offer some support.