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Zions Bancorp (ZION.OQ)

ZION.OQ on NASDAQ Stock Exchange Global Select Market

42.29USD
7 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Zions Bancorporation reports Q3 financial results
Monday, 24 Oct 2016 04:45pm EDT 

Zions Bancorp : Zions Bancorporation reports third quarter financial results . Q3 earnings per share $0.57 . Q3 earnings per share view $0.50 -- Thomson Reuters I/B/E/S . Zions Bancorp - Net interest income was $469 million for 3Q16, up 1% from 2Q16 and up 10% from 3Q15 . Zions Bancorp - The net interest margin decreased to 3.36% in the third quarter of 2016, compared to 3.39% in the second quarter of 2016 . Zions Bancorp - Tangible book value per common share increased to $29.16 at September 30, 2016, compared to $28.72 at June 30, 2016 . Zions Bancorp - The estimated Basel III Common Equity Tier 1 (“CET1”) capital ratio was 12.0% at september 30, 2016 and at June 30, 2016 .Zions Bancorp - Total net charge-offs were $30 million in the third quarter of 2016 compared to $38 million.  Full Article

Zions Bancorp. reports Q2 earnings per share of $0.44
Tuesday, 26 Jul 2016 04:10pm EDT 

Zions Bancorp : Net interest income was $465 million for 2q16, up 3% from 1Q16 and up 10% from 2Q15 . Net charge-offs were $38 million in 2q16, compared to $36 million in 1Q16 . Says estimated basel III common equity Tier 1 capital ratio was 11.94% at June 30, 2016, compared to 12.13% at March 31, 2016 . Says net interest margin increased to 3.39% in the second quarter of 2016, compared to 3.35% in the first quarter of 2016 . Zions Bancorp. reports second quarter financial results . Q2 earnings per share $0.44 . Q2 earnings per share view $0.41 -- Thomson Reuters I/B/E/S . Qtrly provision for credit losses was $30 million, compared to $36 million in 1Q16 . Says tangible book value per common share increased to $28.72 at june 30, 2016, compared to $28.20 at march 31, 2016 .Net charge-offs for oil and gas loans were $37 million in 2Q16, compared to $36 million in 1Q16.  Full Article

Zions Bancorp board declares qtrly dividend of $0.08 per common share
Friday, 22 Jul 2016 06:59am EDT 

Zions Bancorp : Zions Bancorp says board of directors declared a regular quarterly dividend of $0.08 per common share . Zions Bancorp says board has authorized commencement of its stock buyback program, including $45 million in Q3 of 2016 . Zions Bancorp board declares dividends and authorizes common equity repurchase .Board has authorized commencement of its stock buyback program, including $45 million in Q3 of 2016.  Full Article

Zions bank to enter settlement with plaintiff in class action case
Wednesday, 6 Jul 2016 06:10am EDT 

Zions Bancorp : Intends to enter into a settlement with plaintiff in class action case, Reynaldo Reyes V Zions First National Bank . Intends to enter into a settlement for about $37.5 million . Reyes case relates to payment processing services provided by modern payments . Does not expect to incur additional expenses as a result of settlement . Agreed to settle case for practical reasons; Zions denies any wrongdoing relating to Reyes case Source: (http://bit.ly/29xPwn9 ) Further company coverage: [ZION.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Zions Bancorp says fed reserve does not object its board-approved 2016 capital plan
Wednesday, 29 Jun 2016 04:35pm EDT 

Zions Bancorp : Fed reserve does not object to Co's board-approved 2016 capital plan, as submitted to federal reserve on April 5, 2016 . Increase of common dividend to $0.08 per share per quarter or approximately $65 million in total common dividends over four quarter . Zions' capital plan includes up to $144 million of preferred equity redemption . Zions' capital plan for period spanning July 1, 2016 through June 30, 2017 include up to $180 million of common stock redemption . Says capital actions are expected to reduce fixed charges and improve zions' return on equity .Says capital actions are subject to final approval by Zions Bancorporation's board of directors.  Full Article

Zions Bancorp says exercise price of warrants issued in May, Oct. 2010 reduced
Friday, 27 May 2016 06:58am EDT 

Zions Bancorp : Exercise price of warrants issued in May, October 2010 reduced to about $35.98 per share from approximately $36.05 per share .The adjustments resulted from payment of a dividend on common stock of Zions in amount of $0.06 per share paid on May 26, 2016.  Full Article

Zions announces results of preferred stock tender offers
Monday, 23 May 2016 06:58am EDT 

Zions Bancorp : Zions Bancorporation announces expiration and successful results of preferred stock tender offers . Aggregate total consideration for purchase is approximately $127.4 million .Goldman Sachs & co and UBS Securities LLC acted as dealer managers for offers.  Full Article

U.S. Bancorp and Zions Bank sign renewable-energy tax-equity syndication
Friday, 31 Jul 2015 10:58am EDT 

U.S. Bancorp and Zions Bank:Says renewable-energy tax-equity syndication agreement that will provide financing for the Red Horse 2 wind and solar project near Tucson, Arizona, owned by an affiliate of D. E. Shaw Renewable Investments L.L.C.With this agreement, Zions Bank is co-investing with U.S. Bancorp and benefitting from U.S. Bancorp's underwriting, structuring, and ongoing asset management.Investment will help finance the installation of the 71-megawatt project about 65 miles east of Tucson.  Full Article

Zions Bancorporation board declares dividends for common and preferred shares
Thursday, 16 Jul 2015 05:43pm EDT 

Zions Bancorporation:Declared a regular quarterly dividend of $0.06 per common share.dividend is payable Aug. 27, 2015 to shareholders of record on Aug. 20, 2015.also declared the regular cash dividends on company's various perpetual preferred shares.cash dividends on the Series A, F, G, H & J shares are payable on Sept. 15, 2015 to shareholders of record on September 1, 2015.dividends on Series I shares were also declared and are payable on Dec. 15, 2015 to shareholders of record on December 1, 2015.  Full Article

Zions Bancorpo declares dividends for common and preferred shares
Friday, 17 Apr 2015 04:10pm EDT 

Zions Bancorpo:Declares a regular quarterly dividend of $0.06 per common share.Payable May 28, 2015 to shareholders of record on May 21, 2015.Also declared the regular quarterly cash dividends on the company's various perpetual preferred shares.Cash dividends on the Series A, F, G, H, & I shares are payable on June 15, 2015 to shareholders of record on June 1, 2015.The dividends on Series J shares were also declared and are payable on September 15, 2015 to shareholders of record on September 1, 2015.  Full Article

Gulf investor firm Adeptio picks Kuwait's NIC for mandatory offer

DUBAI, Nov 6 Gulf investment firm Adeptio has chosen Kuwait's National Investment Company (NIC) to manage a mandatory tender offer to remaining Kuwait Food Co (Americana) shareholders, the advisor said in a bourse filing on Sunday.